Naked Wines confirms start-of-year management changes
2nd Apr 2024 15:16
(Sharecast News) - Naked Wines confirmed the appointment of Rodrigo Maza as group chief executive officer on Tuesday, as it entered its 2025 financial year.
Read moreNaked Wines drafts in Interpath Advisory amid tough trading - report
18th Mar 2024 08:07
(Sharecast News) - Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions.
Read moreNaked Wines appoints regional MD as new CEO
5th Feb 2024 08:19
(Sharecast News) - Online wine retailer Naked Wines has appointed its UK managing director as its new chief executive after the abrupt departure of its former boss last November.
Read moreNaked Wines to cut jobs as sales continue to fall
18th Jan 2024 12:35
(Sharecast News) - Naked Wines announced job cuts on Thursday as it looks to reduce costs, as it reported a drop in sales over the peak third-quarter trading period, in line with its expectations.
Read moreNaked Wines sees losses widen as revenues slide
15th Dec 2023 08:00
(Sharecast News) - Naked Wines reiterated plans to turn the business around on Friday, despite falling deeper into the red and posting a slump in half-year revenues.
Read moreSunday newspaper round-up: Tax fraud scandal, Royal Mail, Metro Bank
12th Nov 2023 20:09
(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday
Read moreNaked Wines downgrades FY guidance, shares tank
7th Nov 2023 08:18
(Sharecast News) - Naked Wines downgraded its full-year guidance on Tuesday as it cited a weaker-than-expected performance in the US, sending shares in the online wine retailer tumbling.
Read moreNaked Wines Q1 sales below expectations; chair Stead to step down
4th Jul 2023 12:33
(Sharecast News) - Naked Wines reiterated its full-year guidance on Tuesday but said first-quarter sales had been below expectations, as it announced a delay to the publication of its results and the departure of chairman David Stead.
Read moreNaked Wines lifts FY profit outlook again
27th Apr 2023 10:25
(Sharecast News) - Naked Wines said on Thursday full-year underlying profit was set to be at the top end or slightly above its guidance range.
Read moreNaked Wines not expecting to incur loss from SVB exposure
13th Mar 2023 09:05
(Sharecast News) - Naked Wines said on Monday that SVB is the administrative agent and issuing lender for its $60m asset-backed credit facility, but that day-to-day operations are unaffected by the collapse of Silicon Valley Bank and it does not expect to incur a loss.
Read moreNaked Wines lifts full-year profit guidance
17th Jan 2023 09:46
(Sharecast News) - Naked Wines lifted its full-year profit outlook on Tuesday following "solid" holiday trading.
Read moreNaked Wines trading in line as it focuses on profitability
7th Dec 2022 07:16
(Sharecast News) - Naked Wines reported total sales of £166m in its first half on Wednesday, up 4% on a reported basis but down 3% on a constant currency basis year-on-year.
Read moreNaked Wines slashes sales targets in spending overhaul
20th Oct 2022 09:42
(Sharecast News) - Naked Wines admitted on Thursday that "mistakes" had been made in its aggressive pursuit of growth, as it slashed full-year sales targets and launched a cost-cutting drive.
Read moreNaked Wines brings in former CEO to advise board
16th Sep 2022 12:33
(Sharecast News) - Naked Wines announced on Friday that Rowan Gormley, its former chief executive officer and a "material shareholder", had been appointed as an advisor to the board as it finalised its revised operational and financial plans.
Read moreNaked Wines reviewing operational, financial plans for next 18 months
14th Sep 2022 09:20
(Sharecast News) - Naked Wines tumbled on Wednesday as it said it was reviewing operational and financial plans for the next 18 months and announced the shock departure of non-executive director Pratham Ravi.
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