Search

Angel wins trip of a lifetime as Naked Wines tops £100m sales for the first time

22:48 22 March 2016

Naked wines customer Katy Johnson from Ely opens the box containing the golden ticket to mark the company breaking the £100m sales. She is pictured with wine adviser Ele Overvoorde.

Naked wines customer Katy Johnson from Ely opens the box containing the golden ticket to mark the company breaking the £100m sales. She is pictured with wine adviser Ele Overvoorde.

Archant

A Naked Wines ‘angel’ has won the trip of a lifetime to mark the online retailer’s sales topping £100m for the first time.

The milestone represents a 23pc rise on last year’s figure of £81m, to the end of March 2015, and follows the company’s acquisition by Majestic Wine in April 2015.

And customer Katy Johnson was the lucky angel – the term the company uses to refer to its crowdfunding investors – who took the company’s sales into nine figures, in the process winning a visit to her favourite winemaker anywhere in the world for a tour and tasting.

The company said more than 300,000 mature angels, who have been customers for at least four months, were now supporting more than 100 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.

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

Naked Wines, which employs 140 people in Norwich, offers investors the chance to buy wines at preferential prices in exchange for supporting independent winemakers.

Naked Wines managing director Eamon FitzGerald said: “Achieving £100m in sales demonstrates that you can grow quickly while doing the right thing for everyone involved - from those who pick the grapes, to those who discover and drink our wines, to those who help make it all happen in our office.”

The company said the figure of £100m in sales was in line with market expectations for the financial year ending 28 March 2016. Last year, Majestic Wine’s sales were £231m.

Naked wines is part of the EDP Top100 and a former Future50 firm.

Is your business disrupting its sector? Email mark.shields@archant.co.uk or call 01603 772426.

Search hundreds of local jobs at Jobs24

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Eastern Daily Press visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Eastern Daily Press staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Eastern Daily Press account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

HOT JOBS

Show Job Lists

Insight

People playing Pokemon Go on St George's Street, Norwich.
Picture: ANTONY KELLY

The breakthrough of Pokémon Go marks the coming-of-age of augmented reality you can carry in your pocket. But what opportunities does it offer for business - and how can they capitalise?

J&S Jewellery was launched three years ago by sisters Jenny and Sophie Laslett and is now turning over £1M a year. Photo : Steve Adams

When launching a jewellery business in late 2012, sisters Jenny and Sophie Laslett used some borrowed money and a spare room. After ordering a small batch from a manufacturer in the Far East, their only customers the first Christmas were friends and family.

Green 100

cover

Enjoy the Green 100
digital edition

Read

Mustard TV

Meet the Team

Mark Shields

Business Editor

|

Chris Hill

Agricultural and Farming Editor

|

Shaun Lowthorpe

Business Publishing Editor

|

Sabah Meddings

Business Writer

|

Duncan Abel

Business Development Manager

Business Most Read

Awards

Norfolk Future 50 EDP Business Awards Green 100

Business Most Commented

Newsletter Sign Up