Naked Wines benefits from Covid online boom as sales soar

naked wines benefits from covid online boom as sales soar

Sumary of Naked Wines benefits from Covid online boom as sales soar:

  • Naked Wines has reported a 68% surge in sales over the past year as customers flocked to buy wine online during the coronavirus crisis..
  • said Nick Devlin, the chief executive of Naked Wines, who expects the business to grow sales by about a fifth annually..
  • The company total sales increased by 68% to £340m in the year to 29 March, driven by the US, where there was 78% revenue growth..
  • Naked Wines said that sales in the first two months of its new financial year, April and May, were up 96%, prompting it to forecast sales of between £355m and £375m this year…

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