Naked Wines plc (WINEW.L, WINE LN)
- 253.7
- 73.4
- 77.0
Company Profile
Naked Wines (WINE) is an online wine retailer founded in 2008. The company was purchased by brick-and-mortar retailer Majestic Wine in 2015, with Majestic then sold in 2019 to focus on Naked's online-only offering. The company operates a two-sided marketplace that connects independent winemakers with retail customers. This direct-to-customer offering utilises a subscription revenue model, with the upfront fees used to fund the working capital of the boutique winemakers. The company currently operates in the UK, US and Australia.
Major Shareholders | % |
Baillie Gifford | 11.0 |
Light Street Capital Management | 10.0 |
Punch Card Capital LP | 9.0 |
Morgan Stanley | 8.9 |
JMX US LLC | 6.0 |