Majestic's acquisition of Vagabond Wines, which was confirmed last week, is an interesting expansion for the well-know specialist retailer, particularly given the growth of its B2B business in recent year. db looks at what the deal may mean.
Vagabond asked the High Court in early March to appoint administrators, blaming legacy Covid-19 debts, cost pressures and the forced closure of its Heathrow site for deciding to restructure the business.
Majestic buys wine bar chain Vagabond from administration kentonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kentonline.co.uk Daily Mail and Mail on Sunday newspapers.
Majestic completes rescue deal to buy wine bar chain Vagabond from administration yorkshirepost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yorkshirepost.co.uk Daily Mail and Mail on Sunday newspapers.