Naked Wines plc (WINEW.L, WINE LN)

  • 77.7
  • 74.0
  • 88.5

    Closing Price (p): 105.0

  • 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%
Punch Card Management LP10.0
Baillie Gifford & Co.9.6
Morgan Stanley & Co. Intl. Plc8.9
Investmentaktiengesellschaft TGV4.1
IG Markets Ltd.2.8