Asked what level of investment would be required to restock and open the shops, Baile declined to discuss the company's internal finances.
Undoubtedly expanding the four-store ExCellar chain to nine shops – there were two when the Bail and Young Oddbins adventure began in August 2008 – will present a challenge with a need for investment. Initial investment to allow restocking of the shops. Although Baile's long term aim is to rely on selling 'interesting wines from small independent growers' sourcing these wine will take time. It also assumes that producers will be happy to supply again considering the Oddbins debacle.
To restock the newly acquired shops quickly is likely to mean relying at least in part on stock held in the UK and it will be interesting to see what terms suppliers will want and feel able to demand.
See also news story on decanter.com