Wine tasting event launches ‘Diversifying Revenue Streams 2024’ report

Retail Insider launched the ‘Diversifying Revenue Streams 2024’ report, sponsored by Webloyalty, at innovative venue Brityard involving guest retail speakers and a wine tasting with Gusbourne vineyard.

The evening comprised an interview with Hamish Mansbridge, CEO of Heal’s and Lara Chant, co-founder of Brityard, along with a tutored British sparkling wine & cheese pairing and a private tour of the Brityard store on London’s Regents Street.

Guests from John Lewis, Bloom & Wild, Farfetch, Uber, Charles Tyrwhitt, Hotel Chocolat and JML Group celebrated the launch of the report, which highlights the innovative ways retailers are driving an array of new revenue streams beyond their core businesses.

This theme was highlighted by Hamish as he detailed how he has developed Heal’s into a more multi-channel business that has recently undergone a significant store overhaul. As well as detailing the digital activity he also outlined the group’s additional revenue streams derived from hospitality and a newly-created upholstery and repairs service.

Lara told guest how she had created the Regent Street store as an immersive retail, events and hospitality destination that complements the company’s online marketplace, which brings together various brands from across the UK including food & drink, lifestyle and fashion producers. The space drives additional revenues through running master-classes from brands and also hosting musical nights.

The evening included a private tour of the Brityard store followed by a tutored tasting of a flight of Gusbourne sparkling wines paired with cheeses led by the vineyard’s ambassador Steve Kirkham. And a selection of artisan chocolates from The Chocolatier.

Retail Insider would like to thank Hamish Mansbridge and Lara Chant for taking part in the event and to the team at Webloyalty for the sponsorship of the report and supporting the launch event.

Glynn Davis, editor, Retail Insider