Wine sales less than majestic

Wine warehouse chain Majestic said today that sales have lost their fizz despite a festive boost in December.

A 4.1% increase in like-for-like sales in the five weeks to December 31 followed a “disappointing” November for the group, chief executive Tim How said.

Despite champagne and sparkling wines selling well, like-for-like sales in the nine weeks to the end of 2007 were just 1.2% ahead – slower than the 2.2% seen in October.