Naked Wines climbs as market toasts results
Sales retention was 80%, up a few percentage points on guidance, while repeat customer sales increased 11% year-on-year
Company
LON:WINE
The objective of the Company’s shareholder’s incentive scheme (the “Scheme”) is to permit certain shareholders of the Company to: • purchase specific quantities of Domaine Chanzy and Maison Chanzy at discounted prices; and • participate in certain exclusive events and tastings to be organised by the Company from time to time.
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Sales retention was 80%, up a few percentage points on guidance, while repeat customer sales increased 11% year-on-year
The company, which says it is the US and global leader in the rapidly growing direct-to-consumer wine market, has some 350,000 US members and over 945,000 worldwide
Naked Wines expects to have its best festive season yet this year
The retailer said its exclusive wines had managed to bag two platinum, seven gold, 48 silver and 105 bronze medals
Naked Wines offers world class wines at reasonable prices online
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A look at some of today's major headlines from the Proactive newswire
“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 proven the opportunity before us,” said chief executive Nick Devlin
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London's leading index closed the week at 7,134, a gain of 46 points, 0.7%, on the day
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“We look for a 2.5% month-to-month rise in GDP in April, marginally above the 2.4% consensus,” said Samuel Tombs at Pantheon Macroeconomics.
A look at some of the major headlines today from the Proactive newswire
Active customers soared after the pandemic accelerated the shift to online shopping
"Naked is disrupting the wine industry through its unique business model and superior offering to both customers and winemakers," said Darryl Rawlings, the chairman-elect
Naked Wines Plc is an online platform that connects wine drinkers with the world's best independent winemakers
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A glance at some of the day's highlights from the Proactive Investors newswire
"Naked Wines is a bigger, better business than it was twelve months ago,” said chief executive Nick Devlin
Shawn Tabak will join the wine retailer from December 7, replacing current CFO James Crawford
A slide in a recent Naked Wines PLC (LON:WINE) investor presentation summarises the incredible progress the company has made since the onset of the pandemic
The US business is thriving after the population noticed wine can be bought online during lockdown, while the UK “continues to excel”
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“Since restrictions on social gathering began, we have seen higher levels of demand from both new and repeat customers in all of our markets, particularly in the US”