Majestic Wine, the UK’s largest specialist wine retailer, is considering selling all of its British shops and becoming an online-only operation under the Naked Wines brand.
The company has appointed Rothschild & Co investment bank to work on options for a sale of part of the business, with a decision to be announced at its full-year results presentation on 13 June.
The potential sale of Majestic’s 200 UK stores would represent the culmination of the reorientation of the business under the chief executive since Majestic bought Naked, the company he founded, for £70m in 2015.
