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Christmas drinkers bring 40pc sales surge to Norwich’s Naked Wines

Categorías: Food and Wines Articles - Miercoles, 20 Enero 2015

 


It come as the company revealed that the number of angel investors on its books had now reached 250,000, while the average spend per bottle was 7pc up on 2013 at £8.

Rowan Gormley, Naked Wines’ founder and chief executive, said: “It’s incredible to think we have a quarter of a million Angels – especially for a company that didn’t exist six years ago.

“Our bumper Christmas means we can invest even more in small independent winemakers around the world in 2015.

“We have some truly great wines in the pipeline which I believe will lead to another year of strong growth.”


The firm, based at Holland Court, The Close, Norwich, announced in July last year that its focus on expanding its market reach into USA and Australia had fuelled its surge in worldwide sales.

Its investment in wine production hit £5m per month and its UK operating profit reached £2m in 2013, despite a continued effort to drive money back into the business.

The business, which employs about 120 people in Norwich, said its rapid expansion saw it add 30 people to its workforce in the 12 months to September last year.

Naked Wines has built its business model around eliminating industry middle men so independent winemakers can produce high quality wine for £7.50 a bottle, up to 50pc less than what is commonly found on the high street, according to the company.

The firm was a finalist in the business of the year category sponsored by Barclays at last year’s EDP business awards.

Mr Gormley is now based in California, heading up the company’s worldwide operations, with managing director Eamon Fitzgerald overseeing the domestic business from Norwich.

Source: edp24.co.uk

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