All Naked Wines articles – Page 2
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Retail Navigator AnalysisNaked Wines (Financials)
Naked Wines total revenue fell 18% year on year to £290.4m for the 52-weeks to 1 April 2024 from £354.0m the previous year (53-week period) as the retailer continues its turnaround plan. Naked’s operating losses narrowed to £11.8m in FY2023, from £14.3m the previous year, although pre-tax losses widened to £16.3m in FY2023 from £15.0m the year before. The retailer said it has “made substantial progress in returning Naked to profitable growth”.
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NewsNaked Wines exceeds sales guidance as it seizes US opportunities
Pureplay wine specialist Naked Wines has hailed its performance over the last financial year, reporting it has exceeded sales guidance driven in particular by its US market.
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Retail VoiceThree strategies retail brands should adopt now for success
Last year will go down as one of the toughest recorded by retailers. But learning from businesses that thrived can help brands plan for success.
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NewsNaked Wines names new finance boss
Naked Wines has appointed Shawn Tabak as new chief financial officer after promoting current finance boss James Crawford to the role of managing director of its UK business.
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NewsNaked Wines chair Walden to step down
Naked Wines chair John Walden is to step down from the role in August for personal reasons.
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NewsNaked Wines narrows losses as lockdown accelerates sales growth
Naked Wines has reported narrowing losses in its full-year results spurred by a “sharp acceleration” in sales since the outbreak of the coronavirus pandemic in the West.
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NewsNaked Wines sales to exceed £200m as lockdowns raise demand
Naked Wines has said its full-year 2020 revenues will be in excess of £200m due to higher levels of demand from new and repeat customers under lockdown because of coronavirus.
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NewsNaked Wines hails ‘good performance’ over Christmas as Gormley departs
Naked Wines has reported it had a “good performance” over Christmas with strong underlying revenue growth, as its founder and chief executive retires with immediate effect.
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OpinionOpinion: Does Gormley’s departure leave Naked Wines exposed?
Alongside Naked Wines’ first set of results since investors approved the sale of Majestic Wine in September came the shock revelation that its founder and chief executive Rowan Gormley would be departing the business after Christmas.
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NewsNaked Wines boss Gormley to step down as losses widen
Naked Wines founder and boss Rowan Gormley is to step down following the Christmas trading period and the sale of its Majestic business.
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NewsAgenda: AO.com, Kingfisher and Naked Wines update the market
Retail Week looks ahead to the next seven days, which include updates from AO.com, Kingfisher and Naked Wines.
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NewsNaked Wines shareholders approve Majestic sale
Naked Wines shareholders have rubber-stamped plans to sell the Majestic Wine business to US private equity firm Fortress.
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NewsNaked Wines aims for Nasdaq stock exchange listing
Naked Wines is understood to be considering a listing on New York’s Nasdaq stock exchange following last week’s sale of its Majestic Wine business.
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NewsMajestic profits up as Naked Wines drives growth
Majestic has reported increased profits and sales at its full-year results with much of its growth coming from its Naked Wines division.
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NewsMajestic warns on profits as Naked Wines US campaign falters
Majestic Wine has warned its full-year profits will fall below expectations as it blamed “isolated” factors on hampering its progress.
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NewsMajestic Wine full-year sales fizz but profits hit by Naked Wines deal
Majestic Wine has reported a 41% jump in annual sales but its bottom line was hit by the costs from its acquisition of Naked Wines.
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NewsMajestic Wine-owned Naked Wines toasts its first £100m sales year
Majestic Wine-owned etailer Naked Wines has smashed through the £100m annual sales barrier for the first time in its history.
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NewsNaked Wines launches new 'Text for Wine' ordering service
Online wine retailer Naked Wines has launched a new service that allows its customers to submit their alcohol orders via text message.
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NewsMajestic Wine names Naked Wines’ James Crawford as group finance chief
Majestic Wine has appointed James Crawford to the position of chief financial officer as the retailer enters a “growth phase”.
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NewsMajestic offers free click-and-collect to Naked Wines' loyalty customers
Majestic Wine has launched a free click-and-collect service for Naked Wines’ 150,000 loyalty customers following a successful trial.
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