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

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