Majestic Wine achieves sales increase
Majestic Wines retail division achieved a rise in sales in the ten weeks to January 1st. Its Naked Wines division generated a 13 per cent increase in sales, which included a 33 per cent rise in the Australian market and a 7.4 per cent rise in the UK.
“The team performed brilliantly,” chief executive Rowan Gormley said, adding "We are on track to achieve our £500m sales goal by 2019, on track to deliver market expectations for the current financial year, and on track to accelerate investment in new customers, new winemakers and more fantastic wines.”
Majestic Wine’s former customer director Joshua Lincoln has been promoted to the position of retail and managing director.