Virgin Wines: ‘A decent Christmas was needed and delivered’ Retail Virgin Wines delivered a strong Christmas trading performance and outperformed the wider market, although revenue remained flat year on year. Revenue increased by 6.7 per cent year-on year during the six weeks to 27 December, 2024, the company told markets this morning. Sales rose nine per cent in December 2024 versus December 2023, reaching the highest level since the Covid-19 lockdowns, [...]
Virgin Wines: Revenue flat as it looks to weather bottleneck in market Business Online wine seller Virgin Wines has reported flat year-on-year revenue as it searches for ways to acquire loyal customers and increase efficiency in a tough trading environment. Total revenue remained at £59m in the year ended 28 June, while profit before tax increased by £2.4m to £1.7m, from a loss of £0.7m in 2023. Adjusted [...]
Virgin Wines returns to black as subscription sign ups soar RETAIL Virgin Wines has returned to profitability despite a "challenging" backdrop, with its wine subscription service helping to offset its increased running costs.
Virgin Wines ‘confident’ of hitting profit target after ‘positive’ half-year March 25, 2024 Virgin Wines has said it is confident it will meet its profit target after reporting "positive" half-year results.
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.