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Examples
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The hotel is affiliated to the grand Hotel Majestic nearby, and guests can use the Majestic's gym and pool at no extra charge.
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Espirito Santo analyst Sanjay Vidyarthi says the consumer downturn demonstrated the strength of Majestic's business model as competitors including Threshers and Unwins fell away, adding: "The supermarkets have also shifted their focus away from Majestic's core customer, who buys a £6-£8 bottle of wine, to focus on the value end," he adds.
New wines from the old world bring cheer to hard-pressed retail sector 2011
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The pisco concoctions ran the gamut of influences and ingredients: the Majestic's thick, spicy Punjabi Sour used carrot juice and pungent garam masala; Agwa, a liqueur made from coca leaves, added an extra sweetness to the Picchu Chasqui from Dirty Martini; and the Gaucho Pisco, available at all locations of Chef Geoff's, had earthy, grassy notes from South American yerba mate tea and aloe vera juice.
Something for the Weekend: The perfect pisco sour Fritz Hahn 2011
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Espirito Santo analyst Sanjay Vidyarthi says the consumer downturn demonstrated the strength of Majestic's business model as competitors including Threshers and Unwins fell away, adding: "The supermarkets have also shifted their focus away from Majestic's core customer, who buys a £6-£8 bottle of wine, to focus on the value end," he adds.
New wines from the old world bring cheer to hard-pressed retail sector 2011
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Majestic's strength lies in the fact that its average bottle price is nearly £7, versus £4.60 in supermarket aisles, making it an important route to market for producers with pricier wines to sell.
New wines from the old world bring cheer to hard-pressed retail sector 2011
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Majestic's customers are inherently Francophile – French wine accounts for a third of sales – but oenophiles' heads are being turned by the New World, with the retailer reporting strong demand for wine from New Zealand and Argentina in its annual results earlier this month.
New wines from the old world bring cheer to hard-pressed retail sector 2011
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The hotel is affiliated to the grand Hotel Majestic nearby, and guests can use the Majestic's gym and pool at no extra charge.
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Majestic's strength lies in the fact that its average bottle price is nearly £7, versus £4.60 in supermarket aisles, making it an important route to market for producers with pricier wines to sell.
New wines from the old world bring cheer to hard-pressed retail sector 2011
-
Majestic's customers are inherently Francophile – French wine accounts for a third of sales – but oenophiles' heads are being turned by the New World, with the retailer reporting strong demand for wine from New Zealand and Argentina in its annual results earlier this month.
New wines from the old world bring cheer to hard-pressed retail sector 2011
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Majestic's gamble of lowering its minimum purchase from a dozen to six bottles last year has paid off as, despite the far lower hurdle, the average spend in store has declined by only 7.2% to £122.
Vintage year for Majestic as profits leap Zoe Wood 2010
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