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The stores were rebranded initially as Wine & Beer World, and then Majestic Wine Calais in 2013. Majestic closed its two remaining stores in Calais and Coquelles in 2021, stating that the stores were “no longer commercially viable” following changes to the duty-free alcohol personal allowance after the UK’s exit from the EU. [citation ...
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In December 2019, The Majestic portion of the business, including stores and branding, was sold to private equity firm Fortress Investment Group. Majestic Wines plc was renamed Naked Wines plc. [11] In effect, the previous shareholders of Majestic became the new shareholders of Naked Wines. Naked Wines is a publicly listed company. [12]
On 10 April 2015, Naked Wines was acquired by Majestic Wine for up to £70m, and Gormley was appointed CEO of the enlarged group. [6] Gormley announced his transformation plan for Majestic Wine in November 2015 and set the Group a new goal to achieve £500m annual sales by 2019.
The announcement comes after the Wine and Spirits Trade Association warned the HGV driver shortage could result in shortages. Majestic wine chain reassures customers shelves ‘will remain full ...
Martin Jezek, wine director at Corinthia London, known for its holiday mulled wine, says that approachable, medium- to full-bodied reds are ideal. “Usually, grape varieties that show an ...
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