Read at www.theguardian.com
Majestic, the UK's biggest wine specialist retailer, had a successful Christmas season with increased sales and new customers. There was a notable increase in interest in their fine wines.
Majestic reported its biggest-ever Christmas in 2023 with a spike in sales and new customers, including, intriguingly, a big bump in interest in its fine (aka expensive) wines.
Naked Wines, a former partner of Majestic, is struggling with a drop in sales and has implemented measures to cut costs.
Unlike its former partner, Naked has been having a tough time of it of late, with a drop in sales prompting a round of redundancies and other cost-cutting measures.