Former Majestic wine boss John Colley set to return
The former boss of Majestic Wine is to return to the retailer after a two-year absence, as the business takes shape under new ownership.
John Colley is leaving his role as chief trading officer at DIY business Kingfisher (owner of B&Q and Screwfix) after just 20 months to return to Majestic, which was bought this month by American firm Fortress.
Colley has held a number of roles over the past four years including two years at Majestic, which he left to take up the role of chief executive of crafts retailer Hobbycraft, where he spent just eight weeks before joining Kingfisher.
Speaking to DRN back in 2016, when he had been appointed to head up Majestic, Colley said: “My vision is that we become the nation’s favourite wine specialist. Wine is something supermarkets use to sell more turkey at Christmas. It’s a commodity. For us it is not about that. That’s why small and medium-sixed wineries like working with us. Our product range is known for being one of the best. Because we are not that big we can source product that some others can’t.
“We have a lot of unique wines with stories but we really want to be famous for wines that are exclusive and differentiate us from supermarkets.”
Majestic Wine was bought by Fortress for £95 million last month in a deal that included its retail chain, Calais stores and its commercial arm.
Fortress is owned by Japan’s Soft Bank.