Naked Wines Plc is a holding company, which engages in the retail of wines, beers, and spirits. It operates through the following business segments: Retail, Commercial, Naked Wines, and Lay and Wheeler (L&W). The Retail segment focuses on the retail of wine, beer, and spirits from stores across the United Kingdom and online. The Commercial segment sells wine to pubs, restaurants, and events. The Naked Wine segment funds independent winemakers to make wines at preferential prices. The L&W segment provides cellarage services to customers. The company was founded in 1980 and is headquartered in Norwich, the United Kingdom.
Naked Wines PLC LON:WINE
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About Naked Wines PLC
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Naked Wines (LON: WINE) said on Wednesday that its sales in the last two months (April and May) came in 81% higher versus a year ago. The company attributed the unparalleled increase in revenue to the Coronavirus pandemic that restricted people to their homes and fuelled orders from British households. Shares of the company were reported about 4% up in premarket trading on Wednesday and jumped another 3% on market open. At 388 pence per sh...