Owner of multiple retailer Majestic, Fortress Investment Group, is set to offload the retailer after seven years of ownership, having entered the early stages of selling the well-known company.
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Majestic Wine, the UK’s largest specialist wine retailer, has strengthened its buying team, adding three senior buyers – Phil Edwards, Karen O’Donoghue and Catherine Forbes-Taylor.
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Majestic Wines has announced record Christmas sales, outperforming their previous best in 2023 by 1.9%. The nationwide wine retailer welcomed 70,000 new customers in the six-week period up to 30 December 2024, while achieving their best festive sales in the company’s 44-year history.
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Majestic Commercial, the on-trade arm of the UK’s largest wine retailer, Majestic, has signed a significant deal with Macdonald Hotels & Resorts.
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The UK’s largest wine retailer, Majestic, has confirmed it is “exploring a deal to purchase all or part of the Vagabond Wines business”.
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