All Majestic Wine articles – Page 4
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OpinionOpinion: Does Gormley’s departure leave Naked Wines exposed?
Alongside Naked Wines’ first set of results since investors approved the sale of Majestic Wine in September came the shock revelation that its founder and chief executive Rowan Gormley would be departing the business after Christmas.
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NewsNaked Wines boss Gormley to step down as losses widen
Naked Wines founder and boss Rowan Gormley is to step down following the Christmas trading period and the sale of its Majestic business.
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NewsNaked Wines shareholders approve Majestic sale
Naked Wines shareholders have rubber-stamped plans to sell the Majestic Wine business to US private equity firm Fortress.
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OpinionMove of the Week: Colley’s return most intriguing summer transfer
Unusually for the height of summer, the retail jobs market saw plenty of high-profile movers and departures in August.
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OpinionOpinion: As Colley quits, Kingfisher’s ‘engine’ is running out of gas
DIY giant Kingfisher has spoken at length in recent months about building an “engine” that will drive its future success.
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NewsMajestic Wine lures old boss Colley back from Kingfisher
Majestic Wine’s previous chief executive John Colley is understood to be returning to the retailer two years after departing under its new ownership.
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NewsNaked Wines aims for Nasdaq stock exchange listing
Naked Wines is understood to be considering a listing on New York’s Nasdaq stock exchange following last week’s sale of its Majestic Wine business.
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NewsAgenda: Farfetch and BRC-KPMG retail sales figures
Retail Week looks ahead to the next seven days with updates from Farfetch and the latest BRC retail sales figures on the agenda.
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NewsMajestic boss: Fortress ‘our preferred bidder from the beginning’
The managing director of Majestic Wine has said that the business’ new buyers were his preferred bidder and were the most engaged with the brand and its plans for growth.
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NewsMajestic Wine acquired by US investment firm
Majestic Wine has been acquired by a leading US investment firm for an undisclosed amount.
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AnalysisCoping with the ‘rent of online’ – customer acquisition costs
Bricks-and-mortar retailers may lament rent and business rates, but etailers have their own overheads: customer acquisition costs – and they are spiralling. George MacDonald investigates how they are coping with this digital overhead.
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NewsFortress closes in on £100m Majestic Wine deal
US private equity firm Fortress is closing in on a £100m deal to buy Majestic Wine – and has sounded out industry veteran Dan Jago to run the business.
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NewsMajestic appoints John Walden as chair as it swings to loss
Majestic has appointed John Walden as its chair as it prepares to sell its core business to focus on Naked Wines.
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NewsWaterstones owner joins race for Majestic Wine
Elliott Advisors – the investment company that owns Waterstones and most recently acquired Barnes & Noble – has made a bid for Majestic Wine.
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OpinionOpinion: Will Majestic's plan be the toast of the City?
Majestic Wine will unveil the details of a radical strategic plan next week as it aims to bottle higher volumes of online and overseas growth.
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NewsAnalysis: Is Gormley's strategy Majestic or misguided?
When Rowan Gormley took the reins at Majestic Wine, then-chair Phil Wrigley claimed the new boss had been “handed the keys to the Ferrari”.
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NewsMajestic Wine name to disappear in business shake-up
Majestic Wine is to close retail stores and sell off assets as part of a radical transformation plan designed to focus on its Naked Wines business.
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NewsMajestic sales up but retail lags behind
Majestic reported a rise in sales over the festive quarter but its retail division failed to fly.
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with festive figures from M&S, Tesco, John Lewis, Sainsbury’s and Morrisons all on the agenda.
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OpinionOpinion: Majestic’s share price will regain its fizz
Majestic Wine’s share price has lost some sparkle since the retailer unveiled half-year numbers last Thursday.