Majestic’s £70 million acquisition of Naked Wines seems to be paying off
|11/23/2017||Posted by BusinessMediaguide.Com under General World News||
- Naked Wines was acquired by Majestic Wine in 2015.
- The wine startup has 360,000 users who pay £20 a month to help fund the production of new wines.
- The company was profitable in all of the geographic markets it operates in during the first half of its financial year.
Majestic Wine’s £70 million acquisition of Naked Wines — an online wine startup that asks its customers to fund the production of new wines — seems to be paying off just over two years after the deal went through.
Majestic Wine, which is listed, said on Thursday that Naked read more >>>