Oddbins in good health!

I'd like to post this comment made by Simon Baile, Managing Director of Oddbins, in reply to my blog post yesterday relating to the several rumours from within the trade that I'd heard regarding the company.



It is a sad day indeed for all our competitors to announce that Oddbins is NOT going bust and we plan to be here for a long time to come. The rejuvenation and turn around is well under way with over 400 new wines, the beginnings of a new look inside and plenty of up beat spirit.


Our goal is to ensure that the small independent wine maker is at the heart of our range and we are quickly opening the door to many small wine makers to the UK market. This is what I work for and is what I am passionate about. So please feel free to sign up to any of our forthcoming tastings instore and see for yourselves.


After our recent press tasting in Dublin, on 11th October, Thomas Clancy, Sunday Business Post, wrote:


“Now, having recently been acquired by the son of the chain’s founder, Nicholas Baile, and his Irish business partner, Henry Young, the 150-strong chain is back where it belongs.”


Simon Baile
Managing Director
Oddbins

Just goes to show, never listen to rumours!  I'm glad that this is the case, as the UK wine industry needs Oddbins as a friendly brand that is UK wide, and encourages people to buy their wine in specialist wine shops rather than supermarkets.  Oddbins has always had a reputation for making the wine world less stuffy and easier to appreciate, and a strong Oddbins benefits the entire wine retail industry in the UK.

As a former employee, and now respectful competitor, I wish them all the best for the future and thanks to Simon Baile for taking time to clarify the situation.

Further reading from Decanter Online "Oddbins quash 'rumours' over Castel debt"

Comments

HamishWM said…
Good that Simon/Sue set the record straight. I sincerely hope that Oddbins flourish under Simon Baile's guidance. As you mentioned the High Street needs healthy competition.
Reminds me of the famous, old, "The reports of my death have been greatly exaggerated" quote!
Good news straight from the horses mouth.