All the updated news related to virgin wines

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Virgin Wines impacted by ‘significant’ increases in labour and energy costs

Virgin Wines has said it is facing “significant increases” in the cost of packaging, labour, energy and shipping as it posted a dip in profits for the latest half-year. Shares in the online wine retailer slipped after it reported that pre-tax ...

15 Mar 2022 at 16:25

Food & Drink

Enjoy luxury wines for less

Here’s how to drink smart and switch out some swish styles from famous regions for something a little less spendy… Châteauneuf-du-Pape One of the most famous labels in the world, this southern Rhône blend – key varieties are grenache, syrah ...

11 May 2023 at 07:30

City

Profit plummets at Virgin Wines after tough Christmas period

Christmas proved rough for Virgin Wines, and the business revealed on Tuesday that a worsening economy had added to its operational woes over the busy period. The business said it had lost around £1.5 million in revenue because it had to ...

14 Mar 2023 at 12:34

City

Sales rise at Virgin Wines despite ‘subdued’ consumer backdrop

Virgin Wines has revealed an increase in sales over the past half-year despite witnessing a “subdued” economic backdrop for shoppers. The direct-to-consumer wine retailer reported that total revenues increased by 2% to £34.3 million ...

22 Jan 2024 at 08:00

City

Virgin Wines ‘confident’ of hitting targets as sales lift

Virgin Wines said it is “confident” of meeting targets for the year after its sales grew despite pressure on consumer spending. Shares improved on Monday morning as a result. Jay Wright, chief executive of the retail business, ...

25 Mar 2024 at 12:15

City

Virgin Wines toasts sharp rise in customers and plots new app launch

Virgin Wines saw its customer base surge in the second half of last year, as the company revealed a new plan to triple revenues to £100 million in the next five years, partly by launching a new app. The London-listed company ...

26 Mar 2025 at 11:04

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