Page 13 - Nick Devlin News Today

Bosses at Norwich-based Naked Wines announced that sales of online drink orders jumped in the 12 months to March 29. But despite the boost, losses widened as the company focused on expansion.

The global online wine retailer, based in Norwich, posted the colossal pre-tax annual slump - but attributed it to new investment.

“It is clear to us that the pandemic has served to underscore the value of our business model in connecting winemakers and consumers directly and...

Booming online sales of wine helped propel Naked Wines’ annual revenues up 68% year-on-year, but the company remains loss-making as it continues to invest in new customers and growth.

The global online wine retailer, based in Norwich, posted the colossal pre-tax annual slump - but attributed it to new investment.

Naked Wines PLC (LON:WINE) CEO Nick Devlin tells Proactive it has built a builds better, stronger business as it plans to invest and intensify its...

Naked Wines has posted a big jump in sales after Britons snapped up swathes of booze online during the past year as pubs were forced to closed their doors for months on end due to lockdowns.

The 68% increase for UK drinks retailer comes on back of strong performance in US

Just how does Naked Wines decide which producers to work with and invest in? How was it able to invest over $5 million in producers during Covid-19 and put together a Restaurant Rescue Case? Wine director, Ray O’Connor MW, explains all to Richard Siddle. Even after all these years there is still some level of intrigue about how Naked Wines runs its business. Are those promises of investing upfront to help winemakers around the world, using money from the monthly subscriptions of its Angels, w...

Almost from the start of the pandemic lockdowns a year ago, we heard that U.S. consumers were buying more wine online than ever before. We were purchasing from traditional bricks-and-mortar