Virgin Wines UK (VINO)

Sector:

Retailers

Index:

FTSE AIM All-Share

 36.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 48.00
  • 52 Week Low: 34.40
  • Currency: UK Pounds
  • Shares Issued: 55.66m
  • Volume: 3,498
  • Market Cap: £20.04m

Virgin Wines agrees strategic partnership with Ocado

By Michele Maatouk

Date: Friday 04 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Virgin Wines said on Friday that it has agreed a strategic partnership with online supermarket Ocado.com, which will stock a selection of 50 wines from its portfolio.
With effect from 2 October, Ocado has had access to the "exclusive selection" of wines, which Virgin said has been "carefully curated" by both it and Ocado's buying teams.

Previously, the wines were only available to Virgin customers and sold as part of multi-bottle cases, and this marks the first time they will be offered as individual bottles.

Virgin Wines chief executive Jay Wright said: "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."

At 0820 BST, Virgin Wines shares were up 5.6% at 41.70p, while Ocado was 2% higher at 391.30p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Virgin Wines UK Market Data

Currency UK Pounds
Share Price 36.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 48.00
52 Week Low 34.40
Volume 3,498
Shares Issued 55.66m
Market Cap £20.04m

Virgin Wines UK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.59% above the market average8.59% above the market average8.59% above the market average8.59% above the market average8.59% above the market average
19.05% below the sector average19.05% below the sector average19.05% below the sector average19.05% below the sector average19.05% below the sector average
Price Trend
43.56% below the market average43.56% below the market average43.56% below the market average43.56% below the market average43.56% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income Not Available
Growth
71.26% below the market average71.26% below the market average71.26% below the market average71.26% below the market average71.26% below the market average
61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average

Virgin Wines UK Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
15:15 777 @ 35.25p
13:44 2,721 @ 36.40p

Virgin Wines UK Key Personnel

CEO Jeremy Simon Wright
CFO Graeme David Weir

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