Blog: Chris MercerOddbins facing uncertain future

Chris Mercer | 2 March 2011

We've had an interesting week chasing down speculation in the financial world on the future of Oddbins, the UK wine retailer.

Today, just-drinks broke the news that Oddbins has brought in consultants to examine "strategic options" for the group going forward. Our sources have told us that the retailer had a pretty torrid Christmas, while a court dispute with its previous owner, Castel Freres, is also putting financial pressure on the company.

Although Oddbins has done well to reduce losses since Simon Baile bought the firm from Castel in 2008, its financial situation has recently deteriorated, just-drinks has been told.

The next week should provide greater clarity on the group's position, so stay tuned.


BLOG

Non-alcoholic beer fails the Bernstein challenge

Crazy days in the Bernstein offices. Taking time out from being one of the world’s top beverage analysts, the Bernstein team, lead by its London-based veteran Trevor Stirling, held its very own taste ...

BLOG

AG Barr launches Funkin innovation search

AG Barr has lined up a Funkin campaign in the UK to find an 'innovation champion'. ...

BLOG

Are you a beer geek? Take the Brewdog quiz and find out

Brewdog, the Scottish craft brewer, likes to claim its drinkers are some of the most knowledgeable around....

BLOG

The (temporary) return of Paul Walsh to the drinks debate

Paul Walsh just can't stay away from the drinks industry....

just-drinks homepage



Forgot your password?