Naked Wines has reported strong growth as its bid to increase repeat customers and subscriptions pays off.
The specialist retailer recorded an adjusted EBIT of £2m for the 52 weeks to March 28, against a £1.5m loss the previous year.
Sales also rose 5% year on year on a constant currency basis to £350.3m, up 76% compared with pre-pandemic levels two years ago.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.