4 October 2024
Strategic Partnership with
Ocado.com
("Virgin Wines", the
"Company" or the "Group")
Virgin Wines, one of the UK's
largest direct-to-consumer online wine retailers, is pleased to
announce that it has agreed a strategic partnership with Ocado.com,
the world's largest dedicated online supermarket.
Starting on 2nd October
2024, Ocado customers will have access to an exclusive selection of
50 wines from the Virgin Wines portfolio, carefully curated by both
the Virgin Wines and Ocado buying teams. Previously available only
to Virgin Wines customers and sold as part of multi-bottle cases,
this marks the first time these wines will be offered as individual
bottles.
Virgin Wines continues to deliver
high-quality wines that combine exceptional value with innovation
and small-batch production, while leveraging its unique
customer-driven buying model to create value-accretive partnerships
with leading brands.
Jay
Wright, Chief Executive Officer at Virgin Wines,
commented:
"We are thrilled to be working with Ocado to bring our
expertise in sourcing and creating wines to its considerable
audience. This collaboration allows us to introduce Ocado customers
to a hand-picked selection of exclusive wines from our large and
distinctive portfolio.
Virgin Wines has long-standing relationships with a
considerable network of independent winemakers across the world.
Our team work closely with them to create a unique range that is
constantly evolving to meet the varying needs of different
consumers. I'm confident the wines selected for our range at Ocado
will resonate with both seasoned wine enthusiasts and those looking
to discover something new."
- Ends
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Enquiries:
|
Virgin Wines UK plc
Jay Wright, CEO
Graeme Weir, CFO
Panmure Liberum Limited
(Nominated Adviser and Sole
Broker)
Edward Thomas
Dru Danford
John
Fishley
Hudson Sandler
(Public
Relations)
Alex Brennan
Dan de Belder
Harry Griffiths
Eloise Fleet
|
Via Hudson Sandler
|
|
Tel: +44 20 3100 2222
virginwines@hudsonsandler.com
Tel: +44 20 7796 4133
|
Notes to editors:
About Virgin Wines
Virgin Wines is one of the UK's
largest direct-to-consumer online wine retailers. It is an
award-winning business which has a reputation for supplying and
curating high quality products, excellent levels of customer
service and innovative ways of retailing.
The Company was established in 2000
by the Virgin Group and was subsequently acquired by Direct Wines
in 2005 before being bought out by the Virgin Wines management
team, led by CEO Jay Wright and CFO Graeme Weir, in 2013. It listed
on the London Stock Exchange's Alternative Investment Market (AIM)
in 2021.
Virgin Wines is headquartered in Norwich, with two fully bonded, national
distribution centres in Preston and Bolton. It stocks over 650
wines sourced from more than 40 trusted winemaking partners and
suppliers around the world which it sells to a large active
customer base, the majority of whom are on one of the Group's
subscription schemes.
The Company drives the majority of
its revenue though its fast-growing WineBank subscription scheme,
using a variety of marketing channels, as well as through its Wine
Advisor team, Wine Plan channel and Pay As You Go
service.
Along with its extensive range of
award-winning products, Virgin Wines was delighted that its
flagship WineBank service was awarded 'Wine Club of the Year' at
the 2024 IWC Awards, was named Online Drinks Retailer of the Year
for 2022 at the Drinks Retailing Awards, as well as receiving the
bronze award for Contact Centre of the Year at the 2022 UK National
Contact Centre Awards. In addition, in 2023 the Group's Head of
Buying, Sophie Lord, was named Buyer of the Year by Decanter
magazine.
https://www.virginwinesplc.co.uk/