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Home delivery wine business saw profits soar by 68% to more than £340m

Bosses at Norwich-based Naked Wines announced that sales of online drink orders jumped in the 12 months to March 29. But despite the boost, losses widened as the company focused on expansion.

United kingdomNick bubbRowan gormleyNick devlinNorwich based naked winesRefinitiv eikonNaked winesMajestic wineMajestic wine warehouseஒன்றுபட்டது கிஂக்டம்நிக் குமிழ்ரோவன் கோர்ம்‌லீநிக் டெவ்லின்நிர்வாணமாக ஒயின்கள்கம்பீரமான மதுகம்பீரமான மது கிடங்கு

Naked wines sales fizz as alcohol home deliveries soar

Naked wines sales fizz as alcohol home deliveries soar
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United kingdomNick bubbNick devlinNaked winesஒன்றுபட்டது கிஂக்டம்நிக் குமிழ்நிக் டெவ்லின்நிர்வாணமாக ஒயின்கள்

Naked Wines sees boom in sales during the pandemic but losses widen

Naked Wines has posted a big jump in sales after Britons snapped up swathes of booze online during the past year as pubs were forced to closed their doors for months on end due to lockdowns.

United kingdomNick bubbNick devlinNaked winesஒன்றுபட்டது கிஂக்டம்நிக் குமிழ்நிக் டெவ்லின்நிர்வாணமாக ஒயின்கள்

MARKET REPORT: Investors create hot demand for Chrysalis

The firm has steadily built up holdings, including hotel website Secret Escapes, chip company Graphcore, Matthew Mouldingrun THG - which listed last year - and challenger bank Starling.

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Are gardens a growth market for fashion retailers?

Are gardens a growth market for fashion retailers? As Next and Joules both home in on the garden retail sector, Drapers explores whether this growing market offers real opportunity for clothing and lifestyle retailers. Next reopened its stores in England and Wales this week (12 April), unveiling a Homebase shop-in-shop garden centre concept at six sites. The new venture, called Garden by Homebase at Next, sells pots, plants and garden tools, with staff on hand to offer customers advice on their gardening projects. The stores are located in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield. “We know that people are spending more time outside and as we head into summer, they want to have their gardens looking at their absolute best,” a spokeswoman for Homebase told Drapers. “By partnering with Next, we’re able to provide customers with everything they need to brighten up their outdoor space and get it ready for the warmer weather ahead.”

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