Layandwheeler

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In addition to this, the business benefits from an exceptionally loyal customer base, with members staying with the business over decades, as well as high income individuals who purchase on an ad-hoc basis. In , new management was introduced to reinvigorate the brand under the leadership of Managing Director Katy Keating, which has seen the business expand, offer additional services and increase sales by over a third. Earlier this year, Majestic Wine, which acquired Naked Wines in , a deal on which Cavendish advised, sold its retail arm to US private equity firm Fortress and re-branded solely as Naked Wines. Cavendish has extensive experience in the drinks sector. The most recent high-profile deal in which it was involved, through its membership of global adviser group Oaklins, was advising Irish artisan roasted coffee producer Java Republic on its merger with Spanish coffee group Cafento.

Layandwheeler

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Turnover at the fine wine business increased by The directors said that despite the instability of the year due to the Covid pandemic, the company had delivered a strong performance, and had operated without external support during the pandemic ie, no government money or furlough payments. However, it anticipated challenging conditions ahead on the back of the unstable climate which had been seen in Europe in , as the business was exposure to the vagaries of the weather in France, due to its dependence on Burgundy and Bordeaux en primeur. It looks like you're in Asia, would you like to be redirected to the Drinks Business Asia edition? Yes, take me to the Asia edition No. This website uses cookies so that we can provide you with the best user experience possible.

Layandwheeler

Since being sold by Naked Wines two years ago, Lay and Wheeler has focused on strengthening its team and fine wine offering. One of the biggest changes has been in the focus the company has put on bolstering its team. One of the big areas of change happened in , when all wines for sale on the site — whether sold en primeur or ready to drink — were available by the single bottle. This has helped make en primeur more accessible, and enable more customers to start building their wine collection — as well as boosting sales on all sides. Another key plank of its investment is the new state-of-the-art 75, square feet warehouse.

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You can change your cookie settings at any time. Rebecca McCredie Director View profile. Jonathan Buxton Partner View profile. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Next statement date 6 March due by 20 March View deal. Key Contacts. We use cookies to make our services work and collect analytics information. Please check and try again. Earlier this year, Majestic Wine, which acquired Naked Wines in , a deal on which Cavendish advised, sold its retail arm to US private equity firm Fortress and re-branded solely as Naked Wines.

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We will be in touch soon. Cookies on Companies House services We use cookies to make our services work and collect analytics information. Company type Private limited Company Incorporated on 6 March You've accepted analytics cookies. In addition to this, the business benefits from an exceptionally loyal customer base, with members staying with the business over decades, as well as high income individuals who purchase on an ad-hoc basis. We use cookies to make our services work and collect analytics information. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Thank you. Companies House does not verify the accuracy of the information filed link opens a new window. Hide this message.