Virgin Wines reports a 6.7% revenue rise before Christmas, despite industry challenges.
Virgin Wines reported a 6.7% rise in revenue during the six weeks leading up to Christmas, with December sales up 9% from last year. The company credits targeted marketing and promotions for a 25% increase in new customers. Despite Naked Wines seeing an 8.9% decline in sales, Virgin Wines' CEO Jay Wright remains optimistic, planning to detail growth strategies in March.
2 months ago
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