Naked Wines returns to profit as it stockpiles booze ahead of Christmas
Naked Wines has bounced back into the black and increased its stock levels as the pureplay prepares for its “largest holiday season” to date.
The online booze specialist posted a pre-tax profit of £1.3m in the 26 weeks to September 27, compared with a loss of £8.9m during the same period last year.
Naked also returned to profit on an adjusted EBIT basis, registering earnings of £1.2m compared with a £3.2m loss in the first half of last year.
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