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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Jun- 2019 -13 JuneHigh Street
Majestic Wine records loss as focus switches to online
Wine retailer Majestic Wine, has recorded an £8.5m loss for the financial year up 2 April, in spite of a 6.3% increase in reported revenue to £506.1m. Alongside the stores impairment charge, the retailer also invested extra funds into its online company Naked Wines. The extra investment saw, revenue at…
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Apr- 2019 -24 AprilHigh Street
Majestic Wine could sell all UK stores as it moves online
Specialist wine retailer Majestic Wine could sell all 200 of its UK stores as the business prepares to move its operations online under the Naked Wines brand. The company has reportedly appointed investment bank Rothschild and Co to discuss options on a potential sale. Last month, the company announced its…
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Mar- 2019 -27 MarchLuxury Goods
Majestic Wines to close all stores and rebrand as Naked
Majestic Wines has announced it is to close all 200 of its retail stores as it rebrands as Naked Wines, the online retailer it purchased for £70m from founder Rowan Gormley in 2015. The rebrand will see the company move all of its business online, while it says it will…
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Jun- 2018 -14 JuneHigh Street
Majestic Wine sees profit and sales increase
Wine retailer and supplier Majestic Wine has reported an increase in profits and sales for the 52 weeks ended 2 April 2018. The group reported that its sales were up by 2.3% for the year. It said this increase was driven by 11.3% underlying sales growth in its online wine…
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