Majestic Wine

Majestic Wine's John Colley

Majestic Wine sales up 4.3% in late 2019

07 January, 2020

A renewed focus on in store experience and a revamped product range has seen growth of 4.3% at Majestic Wine for the final quarter of 2019.

Returning loyal customers made up much of the growth for the Festive season after the retailer announced late in 2019 a return to private ownership.

Product highlights for December included volume growth for rum (+24%), brandy (+33%) and English wines (+9%) while the sales of Champagne were up 11%.

Following its recent acquisition by Fortress Investment Group, Majestic said the focus would now be on improving the physical experience of its stores blended with a multi-channel approach.

CEO John Colley said: “We know in Majestic we have all the ingredients for a successful company, and our customers clearly responded well to the news we’d be keeping stores open - right across the country.

“Backed up by an exciting range, with plenty of new arrivals and re-listed customer favourites, we’ve pulled out an impressive performance.

The work now begins on building a future which takes the historic strengths of Majestic; our brilliant people, physical presence and trend-leading range - and turn that into long term growth for our suppliers and staff.”

Keywords: majestic wine




Comment

Philip Duff

Duff Said: Awash with rum

As the weather gets bleak Philip Duff turns to the warming notes of rum for comfort. But there are currently several elements unsettling the category

Events

Facebook

Twitter