Majestic owned Naked Wines hits record £100 million sales
The company said its drive to provide its 'angel' customers with exclusive direct access to independent winemakers through divisions in the UK, USA and Australia has resulted in over 300,000 'mature' angels supporting more than 100 independent winemakers in 14 countries.
Achieving £100 million in sales is in line with market expectations for Naked Wines for the financial year ending 28 March 2016.
Rowan Gormley, chief executive of Majestic Wine, said: "Hitting this latest milestone proves once again that crowd-funded, social wine distribution can deliver brilliant outcomes for all our stakeholders at the same time - from those who pick the grapes to those who discover and drink our wines.
“We will continue to invest in Naked Wines and remain very excited about the opportunities ahead for the whole group."
Email this article to a friend
You need to be logged in to use this feature.
Please log in here