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April 2000 – Majestic started selling wine online for the first time through majestic.co.uk. [citation needed] October 2001 – Majestic acquired Les Celliers de Calais, whose business was based around the British cross-channel trade. The stores were rebranded initially as Wine & Beer World, and then Majestic Wine Calais in 2013.
Customers can bid on upcoming wines until a minimum volume is met and the wine is subsequently sold. [9] On 10 April 2015, Naked Wines was acquired by Majestic Wine, and Gormley became group CEO. [10] In December 2019, The Majestic portion of the business, including stores and branding, was sold to private equity firm Fortress Investment Group.
On 10 April 2015, Naked Wines was acquired by Majestic Wine for up to £70m, and Gormley was appointed CEO of the enlarged group. [6] Gormley announced his transformation plan for Majestic Wine in November 2015 and set the Group a new goal to achieve £500m annual sales by 2019.
It comes as hospitality firms face rocketing costs, including soaring energy bills.
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He also co-founded Wizard Wines (now Majestic Wines), a chain of off-licences. [ 2 ] It was reported in both 2002 and 2003 (and again in 2009) that the wealth of Apthorp and his family was over £100 million.