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Naked Wines Posts Stellar June Sales As Online Orders Surge

Published on Jul 27 2020 12:27 PM in Drinks tagged: Naked Wines

Naked Wines Posts Stellar June Sales As Online Orders Surge

Online wine seller Naked Wines has said that its sales surged 67% in June compared with last year as orders continued to rise even after the easing of the coronavirus-triggered lockdown in Britain.

The company also announced the departure of it chairman, John Walden. Walden will be succeeded by non-executive director Ian Harding.

Naked Wines, which has seen stellar growth in sales as British households ordered wine online during the lockdown, said that first-quarter sales are now up 77%, although persisting market uncertainty means it cannot provide forecasts for the year.

"Ideally Positioned"

"The board continues to believe that Naked is ideally positioned to be a long-term winner from the inflection in consumer demand for online wine as a result of the COVID-19 pandemic," it said in a trading statement.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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