Naked Wines hits record £100m sales

22 March, 2016

Majestic Wine has announced that its Naked Wines arm has hit a key milestone of £100m in sales in the past year.

The company said its drive to provide its ‘angel’ customers with exclusive direct access to independent winemakers through divisions in the UK, USA and Australia has resulted in more than 300,000 ‘mature’ angels (who have been customers for more than four months), supporting more than 100 independent winemakers in 14 countries.

Rowan Gormley, chief executive of Majestic Wine, said: “Hitting this latest milestone proves once again that crowd-funded, social wine distribution can deliver brilliant outcomes for all our stakeholders at the same time – from those who pick the grapes to those who discover and drink our wines.

“We’d like to thank our angels for being part of the Naked Wines’ journey so far and supporting independent winemakers whilst discovering some fantastic wines.

“We will continue to invest in Naked Wines and remain very excited about the opportunities ahead for the whole Group.”

Achieving £100m sales is in line with market expectations for Naked Wines for the financial year from 31 March 2015 ending 28 March 2016.

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