Online seller Naked Wines' sales pop during lockdown

  • 📰 Reuters
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Sales at online wine seller Naked Wines soared 81% in April and May compared to a year ago, as orders from British households surged during the country's coronavirus lockdown, sending its shares 5% higher.

) soared 81% in April and May compared to a year ago, as orders from British households surged during the country’s coronavirus lockdown, sending its shares 5% higher.

The business developed by Majestic Wine had to temporarily stop taking new orders last month after an unprecedented surge in sales. Shares in Naked Wines have gained 70% on London’s AIM market so far this year, on track for their best annual run since 2010 and faring far better than wider UK indexes. Pubs, restaurants and hotels are set to reopen in England early next month, which could mean that online alcohol orders will slow down as people venture out after months of restrictions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Glad for them. Ordered for the 1st time - really liked the people online & fast delivery

Well duhhhhhhhh!!! 🙄

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines