Naked Wines
This coverage analyses Naked Wines’ evolving strategy and performance within the UK retail sector. Reporting includes leadership changes, financial results, marketing initiatives, and customer engagement efforts — all examined for their impact on sales, profitability, and market positioning. The content is tailored for retail executives, brand managers, and professionals overseeing operations in the online wine retail industry.
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Jul- 2024 -9 JulyOnline & Digital
Naked Wines CFO to step down after securing new credit facility
Naked Wines has announced that CFO James Crawford will be stepping down in the autumn, following the finalisation of the group’s new credit facility. According to the wine retailer, this timing is consistent with the two-to-three-year incentive arrangement agreed with Crawford when he rejoined the board as CFO in 2022,…
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Apr- 2024 -2 AprilNews
Today’s news in brief-2/4/24
Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility with Hilco. Dunkerton, while remaining committed to the business, does not intend to make an offer, according to a statement on the London Stock Exchange. Talks of a possible equity…
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2 AprilPeople Moves
Naked Wines confirms Rodrigo Maza as new CEO
Naked Wines has confirmed the appointment of Rodrigo Maza as group chief executive officer effective from today (2 April), further to the announcement made on 5 February. Maza has been the group’s UK managing director since September 2023, and will now work alongside chairman Rowan Gormley over the next few…
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Mar- 2024 -18 MarchNews
Today’s news in brief-18/3/24
The Saudi PIF, along with Kering, is reportedly eyeing a stake in Selfridges as the store’s co-owner, Central Group, faces financial struggles due to the collapse of its Austrian partner, Signa. The potential deal, valued around £2bn, is complicated by legal proceedings in Austria. Selfridges reported a narrowed loss and…
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18 MarchOnline & Digital
Naked Wines drafts in advisors to explore refinancing options
Naked Wines has reportedly drafted in debt advisers to explore refinancing options after the group was hit by difficult trading conditions, Sky News has reported. According to Sky, the wine retailer has hired Interpath Advisory to help it explore its options after the group started losing investor confidence. Shares in…
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Feb- 2024 -6 FebruaryNews
Today’s news in brief-6/2/24
Revolution Beauty has settled a dispute with its former CEO and co-founder, Adam Minto. Minto will pay the company £2.9m over six years, starting with a payment of £483,333.35 due in March. The settlement follows delays in the company’s financial reporting during Minto’s tenure. Both parties agreed to settle without…
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6 FebruaryLuxury Goods
Naked Wines appoints new CEO
Naked Wines has appointed Rodrigo Maza as its new chief executive officer designate. Maza has been the group’s UK managing director since September 2023, and will now work alongside chairman Rowan Gormley over the next few months to “ensure a successful transition”. After this, he will assume the group CEO…
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Dec- 2023 -15 DecemberNews
Today’s news in brief-15/12/23
Amazon has emerged victorious in a £215m tax dispute with the EU Commission. The European Court of Justice dismissed the Commission’s claims that Amazon had entered into a deal with Luxembourg allowing it to avoid 75% of its EU tax. The court ruled that the Commission failed to prove that…
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15 DecemberHigh Street
Naked Wines H1 sales fall 20% as losses widen
Naked Wines total revenues fell by 20% to £132.3m during the six months ended 2 October, while its pre-tax losses widened to £9.7m from £200k a year earlier. The results come as the retailer’s revenues dropped in all markets, which it attributed to a reduction in repeat customer sales. However,…
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4 DecemberNews
Majestic bolsters property team with two new roles
Majestic, the specialist wine retailer, has made two key appointments in its property team as the business gears up to accelerate its “ambitious” store opening plans. The retailer has created two new roles – director of estates and acquisitions, and director of format development and new store operations – as…
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