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Majestic’s £70 million acquisition of Naked Wines seems to be paying off





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  • 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 >>>

Source:: BusinessInsider.Com

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