Naked Wines has hit the magical £100m sales mark.
In the year that started 31 March 2015, parent company Majestic Wine attributed Naked Wines’ success to ‘angel’ customers and its ability to provide them with access to independent winemakers in the UK, USA and Australia.
The wines specialist has recorded over 300,000 loyal customers who have shopped at the retailer for more than four months, supporting 100+ independent winemakers in 14 countries.
Full year profits for the year ending 28 March 2016 are now in line with market expectations.
“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” said Rowan Gormley, Majestic Wine CEO.
“We’d like to thank our angels for being part of the Naked Wines’ journey so far and supporting independent winemakers whilst discovering some fantastic wines.
“We will continue to invest in Naked Wines and remain very excited about the opportunities ahead for the whole Group.”