Troubled online retailer Naked Wines has announced a further fall in sales, with its full year results showing total sales down 18% year-on-year to £290m (52 weeks to 1 April 2024) against £345.0m in FY23.
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Majestic has identified 125 locations for potential new store openings across England, Scotland, Wales and the Channel Islands, accelerating its investment into bricks-and-mortar retail.
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Online wine retailer Naked Wines has hired debt advisers to explore refinancing options amid financial difficulty.
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Naked Wines has named current UK boss Rodrigo Maza as its new CEO, following the abrupt departure of Nick Devlin in November.
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Wine retailer Majestic has announced its best-ever Christmas trading performance, boosted by six new store openings in 2023 and its growing B2B division, Majestic Commercial.
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Online wine retailer, Naked Wines, has appointed Rodrigo Maza as MD of the UK business (pictured), as it continues to grapple with the ongoing challenge of new customer acquisition post-Covid.
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With autumn tastings in full swing, and with it the opportunity for retailers, wholesalers and suppliers to show off new stock, Harpers wondered if there might be an influx of lower-abv wines in light of the duty hikes. James Bayley reports.
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Yesterday (19 September), online wine retailer Naked Wines announced a £15m loss in the year to 3 April.
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From start-up to grown-up, Naked Wines’ press tasting in central London boasted a growing range of French classics to complement its portfolio of independent winemakers from across the world.
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With rosé on a roll and Provence leading the charge, Harpers has teamed up with Vins de Provence to present a far-reaching briefing on the category.
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It was a marriage of convenience. Naked Wines needed the cash injection. Majestic needed the online know-how in order to expand its digital footprint. After the pair’s relatively amicable breakup in 2019, Naked Wines is now very much looking to re-establish itself as a solo entity with a serious portfolio that can engage even the most sceptical wine lovers.
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Online wine retailer Virgin Wines has maintained much of its lockdown growth thanks to a loyal customer base and subscription model.
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Online retailer Naked Wines has lost nearly 40% of its market value after it admitted that lockdown-boosted sales and heightened customer acquisition is likely to see a significant drop in 2023.
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For Naked Wines, lighter bottles are greener bottles as the online retailer looks to reduce its carbon footprint.
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Naked Wines has announced that Darryl Rawlings will join the Board with immediate effect as an independent non-executive director.
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Naked Wines has reported an 80% jump in revenue to £157.1m for the half year ending 28 September 2020, boosted by lockdowns as customers stayed home and ordered delivery.
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Naked Wines has appointed Shawn Tabak as its new chief financial officer (CFO).
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Naked Wines has seen pre-sales of its Deluxe Christmas Collection sky-rocket, with 40,000 cases being snapped up in the first 24 hours.
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Naked Wines has launched a partnership with National Trust for Scotland (NTS) to raise conservation funds from selected wine sales.
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Naked Wines is launching an online crowdfunder this week, with a target of raising £225,000 for beleaguered South Africa wine winemakers.
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