Virgin Wines hit by Omicron disruption

Omicron disruption has forced Virgin Wines to lower profit and revenue guidance for the year ending in June 2022.

The group also experienced labour shortages in the run-up to Christmas, causing them to see a £800,000 fall in sales.

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“Like many businesses, we experienced several operational challenges in the Period due to well-publicised, external, macroeconomic factors including labour market shortages caused by the emergence of the Omicron Covid-19 variant, staff absences due to illness/self-isolation, freight disruption and inflationary pressures,” said Virgin Wines.

In the six months ended 31 December, the group reported a 55% increase in revenues.

Chief executive Jay Wright said: “This performance continues to reflect the strength of our award-winning consumer propositions, the ongoing loyalty of our existing customers, the quality of our wines and our growing reputation for outstanding customer service.”

“Despite current headwinds we look forward to the future with optimism,” he added.

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