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Virgin Group. Virgin Group[1] is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however, Virgin's business and trading activities date back to the 1970s.
Mar 21, 2024 · Virgin Group owns 33.3 per cent of the company, while Italian and foreign investors hold the rest of the shares. The company is led by founder and CEO Tom Mockridge. Sir Richard Branson is the ...
Josh Bayliss has been CEO of Virgin Group since 2011. He has led the development of the Group’s strategy, with significant emphasis on the Virgin brand. Under Josh’s leadership, the Group has started and grown new businesses in a range of consumer industries. It has also diversified its investment portfolio into unbranded venture capital ...
VEL Holdings Limited and its subsidiaries, principally Virgin Enterprises Limited, license the Virgin brand through trademark license agreements with companies to use the Virgin brand. These include both companies which form part of the Virgin Group (Investee Businesses), as well as companies in which the Virgin Group holds no ownership interest (Licensees).
In its most recently published set of accounts, for 2022, Virgin Atlantic posted a revenue of £2.8bn, up from £928m, and pre-tax losses of £268.9m, having also lost £204.9m the year before. City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
The Virgin brand was born in 1970 when Richard Branson and his friend Nik Powell launched a mail order record business and chose the name Virgin, because they were entirely new to business. Equipped with a lot of courage, audacity and youthful self-belief, the mail order business evolved into Virgin Records with a record shop on Oxford Street in London.
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Oct 11, 2023 · Our data shows that Virgin Group Holdings Limited is the largest shareholder with 14% of shares outstanding. For context, the second largest shareholder holds about 10% of the shares outstanding, followed by an ownership of 5.0% by the third-largest shareholder.
