SHARE

Virgin Wines aims at £100m revenue with new growth strategy

The wine specialist has launched a growth strategy targeting £100m in annual revenue by 2030 and a 7% EBITDA margin. Key focuses include customer acquisition, partnerships, and tech investment. The company saw a 6.7% sales rise during the Christmas period.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.