THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Naked Wines reports 40% sales growth

Naked Wines, the online retailer which also crowd-funds independent winemakers, increased its worldwide sales by 40% to £53 million in 2013 as trade was driven by strong growth in its newer operations in the USA and Australia.

GENERAL MERCHANDISE

Naked Wines reports 40% sales growth

Naked Wines, the online retailer which also crowd-funds independent winemakers, increased its worldwide sales by 40% to £53 million in 2013 as trade was driven by strong growth in its newer operations in the USA and Australia.

In addition, the group’s UK operating profit nearly doubled to almost £2 million despite increased investment in new wines and winemakers.

During the year, Naked Wines grew its number of ‘angels’, or customers who fund winemakers in return for wholesale prices, to 220,000 and monthly investment by ‘angels’ into new wines exceeded £5 million for the first time.

Rowan Gormley, founder and chief executive of Naked Wines, said: "It has been a year of strong profitable growth for our company and I would like to thank the ‘angels’ and winemakers who made it possible. I would also like to thank all our staff around the world, who work so hard to make this all possible.

"Since we started the company five years ago, Naked Wines has revolutionised the way wine is financed, made and sold. In the year ahead we have some truly great wines to offer our Angels that I believe will lead to another year of strong growth."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019