Naked Wines is an online retailer specialising in wine produced by independent winemakers. Its loyalty scheme, naKED Angels, has more than 330,000 members. Retail Week provides news, analysis, features and opinion about Naked Wines and the grocery sector.
Naked Wines has reported a return to positive cash flow despite revenues falling 14%.
Naked Wines has insisted it’s in a “better position” as it narrowed its losses for the first half of its financial year.
Naked Wines has reported deepening statutory losses and a fall in sales as it confirmed the appointment of its new chief financial officer.
Naked Wines’ chief financial officer will be stepping down from his role at the wine specialist as the company agrees on a new $60m credit facility.
Naked Wines has named Rodrigo Maza as its new chief executive as Rowan Gormley moves back to his former non-executive chair role.
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