Majestic Wine is taking over smaller online rival Naked Wines. The move will also see Naked Wines founder, Rowan Gormley, taking over as chief executive of the overall company. Majestic’s previous
Majestic Wine is to buy online rival Naked Wines for £70m in a deal that puts the web retailer’s founder, Rowan Gormley, in charge.. Majestic has battled intense competition from discount
Majestic Wine has reported the first improvement in its sales figures in four years as it made a “good start” to its three-year turnaround plan.
Apr 10, 2015 · The chairman of Majestic Wine says the retailer has “got lucky” after buying online rival Naked Wines for £70m and naming its founder as the new chief executive of the enlarged group.
UK wine merchant, Majestic, has bought the online retailer Naked Wines for £70 million and appointed its founder Rowan Gormley (pictured) as CEO.
Majestic Wine is to buy online rival Naked Wines for up to £70m in a deal that also acquires a new chief executive for the retailer. Naked Wines, founded in 2008, runs a crowdfunded business
Wow, so why Majestic? We’ve been searching high and low for the right investor to help us improve our wine and our service. Majestic has the investment to help us improve our wines and our range – and the physical presence to improve our delivery service.
London – Majestic Wine has agreed to acquire online wine retailer Naked Wines to expand internationally, in a cash and stock deal worth as much as 70 million pounds. Majestic will pay about 50