Naked Wines plc (WINEW.L, WINE LN)

  • 63.2
  • 74.0
  • 75.2

    Closing Price (p): 85.3

  • RATING 06/10/21


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 & Co.13.1
Punch Card Management LP10.0
Ruane, Cunniff & Goldfarb LP8.4
Morgan Stanley & Co. Intl. Plc8.2
Apthorp John Dorrington5.5