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Monday, 15 June 2009

Majestic Wine suffers recession hangover

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Majestic Wine suffers recession hangover

Profits at Majestic Wine more than halved after companies cut back on champagne-fuelled parties and the strong euro put off Brits from going on booze cruises to the wine retailer's outlets in France

Glass-half-full outlook returns to City

The premier cru is not exactly flowing again and appetite for lavish company parties remains subdued"

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