Naked Wines plc (WINEW.L, WINE LN)
- 112.8
- 73.4
- 75.2
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. | 10.9 |
Punch Card Management LP | 10.0 |
Ruane, Cunniff & Goldfarb LP | 8.4 |
Morgan Stanley & Co. Intl. Plc | 8.1 |
Apthorp John Dorrington | 5.5 |