Virgin Credit Card launches in Australia.

Virgin Atlantic introduces the Upper Class Suite with fully flat beds and launches its Gatwick to Port Harcourt, Grenada and Tobago routes.

Virgin Cars starts up its multi-brand car retail showroom in Salford, England.

Virgin Interactive becomes Avalon Interactive.

Virgin Hotels sell the Heaven nightclub.  

Virgin Pulse (later to become Virgin Electronics) launches in the US.

V.Shops merges with Virgin Megastores, rebranding as Virgin Megastores Xpress.