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Nick Goodway: Majestic boss Lewis can toast a vintage 25 years

When Steve Lewis joined Majestic Wine as a trainee manager on 12 November 1988, the store in Clapham was only the sixth in the chain.

Wine warehouse chain Majestic Wine has seen a 39% surge in prosecco sales, prompting a 4.2% rise in first half profit.

A healthy rise in Prosecco and fine wine sales has helped UK retailer Majestic Wine post a slight lift in first-half profits and sales.

Like-for-like sales - which do not include the impact of new shop openings - were down 0.4%.

Majestic Wine reports a drop in sales but says it is "very well prepared" for the Christmas season, in first-half results.

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