25th Sep 2015 11:16
LONDON (Alliance News) - Majestic Wine PLC Friday said that John Colley has been appointed to the new position of managing director at Majestic Wine Retail, with effect from October 1.
Colley has over 20 years' senior retail experience, most recently as chief executive of Holland-based DIY chain Praxis Netherlands, and also previously worked as commercial and marketing director at B&Q and commercial director at Screwfix, both of which are owned by FTSE 100-listed DIY retailer Kingfisher PLC.
"There is no change to current strategy plans and a further update will be provided at the time of the interim results announcement on November 16, 2015," Majestic said in a statement.
Shares in Majestic were trading up 1.0% at 372.00 pence midday Friday.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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