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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Dec- 2022 -7 DecemberPeople Moves
Naked Wines appoints UK MD as new CFO
Naked Wines has appointed James Crawford as CFO and as an executive director with immediate effect. Crawford has been serving as interim CFO, in addition to his role as managing director of Naked Wines UK, since July 2022. Prior to that, he served as Naked’s group finance director (March 2014…
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Oct- 2022 -20 OctoberOnline & Digital
Naked Wines axes roles in plan to ‘pivot to profit’
Naked Wines has made around 6% of its workforce redundant as part of a raft of measures to help the business “pivot to profit” and reset its cost base after weaker demand hit its profitability. It comes after investment into inventory spending and adding to its cost base did not…
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Sep- 2022 -16 SeptemberPeople Moves
Naked Wines hires former CEO as advisor
Naked Wines has announced it has appointed former-CEO and material shareholder, Rowan Gormley, as an advisor to the board as the company finalises its revised operational and financial plans for the business. The company will announce these revised plans during the week commencing 17 October. The position of board adviser…
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Aug- 2022 -2 AugustAnalysis
Naked Wines on uneven footing for the future
The specialty wine retailer, Naked Wines, has experienced a downward trend in its sales, with full-year sales rising by only 3% after peak pandemic trading, and shares in the company down 4.2% at 158.10p each. The company’s chief financial officer even departed the company by “mutual agreement” amid a recent…
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Jul- 2022 -25 JulyEconomy
Naked Wines CFO departs amid sales warning
Naked Wines has announced that Shawn Tabak, chief financial officer and director, has left the company by mutual decision, effective July 22, 2022. James Crawford has been appointed on an interim basis through to June 2023. He previously served as CFO from April 2015 to November 2020, and will combine…
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Jun- 2022 -23 JuneOnline & Digital
Naked Wines returns to profit as sales hit £350m
Naked Wines has welcomed a year of “strong execution” despite ongoing headwinds, with the group’s adjusted EBIT hitting £2m in FY22, up from a loss of £1.5m the prior year, as the group benefited from returning customers. Total sales were up by 5% YoY to £350.3m, while on a two-year…
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Apr- 2022 -20 AprilOnline & Digital
Naked Wines to meet expectations as sales rise
Naked Wines has revealed its full-year results are set to meet its expectations after strong customer retention saw its sales increase 5% YOY. In the update for the fiscal year ended 28 March 2022, it added that sales on a two-year basis increased 77% constant currency vs continuing operations in…
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Nov- 2021 -18 NovemberOnline & Digital
Naked Wines returns to profit in half-year results
Naked Wines has seen its profits before tax hit £1.3m in the first half of 2022, up from a loss of £8.9m the year prior. Over the period, total sales rose by 6% on a constant currency basis and 1% on a reported basis against last year, and by 82%…
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Jun- 2021 -11 JuneOnline & Digital
Naked Wines sees revenues soar 68%
Naked Wines has seen its revenues increase by 68% to £340.2m in the year ending 29 March 2021 – following a surge in new customers and sales. In a trading update, the pure play e-commerce wine retailer thanked an “accelerated shift” in online wine purchasing due to Covid-19 for the…
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Apr- 2021 -14 AprilPeople Moves
Naked Wines welcomes new non-executive director
Naked Wines has announced that Darryl Rawlings will join its board as an independent non-executive director. In an announcement, the pure play e-commerce wine retailer has said that Rawlings will also succeed Ian Harding as chairman at the next annual general meeting in August 2021. This comes after Harding previously announced…
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