Majestic – old regime's last legs?

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Andy Howard MW reviews the range from an important UK wine retailer undergoing tumultuous change. See also last week's report on Aldi v Lidl.

On 2 August 2019 (much to the relief of large parts of the UK wine industry) it was announced that Majestic Wine, Britain’s biggest specialist wine retail chain, had been sold. The purchaser is CF Bacchus Holding Ltd, a vehicle controlled by Fortress Investment Group. The deal for just under £100 million ($128 million)included 180 UK stores (plus two in France), the on-trade division and company headquarters. This relieved ongoing concerns that, under the management...