The member-owned merchant has reported an operating loss for its latest financial year, having absorbed much of the cost of the 2024 budget rather than passing it on to members. At a dinner at Noble Rot Mayfair on 3 June, its chief executive Steve Finlan and director of wine Pierre Mansour set out a plan built on cash reserves, a widening range, fine wine and a newly launched AI recommendation tool. The post The Wine Society posts operating loss to protect members appeared first on The Drinks Business.