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Virgin Group Totally Explained
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Everything about Virgin Group totally explained
Virgin Group Ltd is a conglomeration of separately run companies that each use the Virgin brand of British celebrity business tycoon Sir Richard Branson. The core business areas are travel, entertainment and lifestyle, among others. 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 to the 1970s.
Although Branson retains complete ownership and control of the Virgin Brand, the commercial set up of companies using it's varied and complex. The group is sometimes perceived as a conglomerate, but this isn't in fact the case. Each of the companies operating under the Virgin brand are separate entities, with some being wholly owned by Branson, while he holds minority or majority stakes in others. Occasionally, he simply licenses the brand to a company that has purchased a division from him, such as Virgin Radio (now part of SMG plc) and Virgin Music (now part of EMI). With a few exceptions, all of the companies began as wholly owned Virgin subsidiaries.
Virgin brands (under various ownership) AirAsia X — long-haul budget airline operating from Malaysia (20% owned by Virgin Group)
Oüı FM — rock radio station in France and Asia
V Festival — two-day music festival held in two separate locations in the United Kingdom
Virgin Active — a health club chain in South Africa, Spain, Portugal, Italy and the UK
Virgin America — a United States budget airline based at San Francisco International Airport
Virgin Atlantic Airways — an international carrier based at Heathrow Airport, London
Virgin Balloon Flights — a hot air balloon operator
Virgin Blue — an Australian-based budget airline operating in the South Pacific
Virgin Books — publisher, retailer and distributor of books
Virgin Brides — bridal wear shop in Manchester, UK
Virgin Charter — a private jet online marketplace
Virgin Comics — comic book producer
Virgin Vie At Home — retailer of cosmetics, jewellery and homeware through internet, direct selling and Virgin Vie stores
Virgin Drinks — drink manufacturer
Virgin Experience Days — corporate and consumer experience events
Virgin Flowers — Internet florist
Virgin Galactic — a venture to market and operate commercial space flights, using spacecraft designed by Scaled Composites
Virgin Games — online games and gambling
Virgin Green Fund (originally known as Virgin Fuels) — venture capital firm for investing in petroleum alternatives
Virgin Health Bank — a business enabling parents—to—be to store their baby's stem cells
Virgin Holidays — UK travel agency and tour operator for worldwide destinations served by Virgin Atlantic and its partner companies
Virgin Limited Edition — exclusive hotel operator
Virgin Limobike — passenger bike service in London
Virgin Limousines — chauffeured limousine service in San Francisco and Northern California
Virgin Media — provider or home telephone, cable television, broadband and mobile services to the United Kingdom
Virgin Media Television — a British television network, made up of Virgin 1, Trouble, Bravo, Living TV & 50% stake in UKTV
Virgin Mobile — brand used by several companies providing mobile phone service around the world
Virgin Money — providers of financial services
Virgin Nigeria — international, regional and domestic Nigerian airline
Virgin Play — a Spanish publisher of video games, once part of the now defunct Virgin Interactive.
Virgin Radio — (now owned by SMG plc) British commercial radio station broadcast on AM, FM (London only), DAB, internet, Digital TV
Virgin Records — record label now owned by EMI
Virgin Spa — shop chain retailing Virgin Cosmetics product
Virgin Trains — a railway operator in the United Kingdom
Virgin Unite — charitable foundation
Virgin Vacations — U.S. travel agency
Virgin Vines — A Californian—based company, created in 2005 and producer of Red and White wines
Virgin Voucher — staff incentive scheme
Virgin Ware — clothes brand and retailerFurther Information
Get more info on 'Virgin Group'.
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