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The Latest Breaking News from Naked Wines

FTSE and European counterparts fall in value as US tariffs hit car stocks

London’s top index finished 23.47 points, or 0.27%, lower to end the day at 8,666.12.

The Independent UK

Naked Wines shares rocket as new strategic plan revealed

Naked Wines shares rocket as new strategic plan revealed

Shares in the company shot up by as much as a quarter in early trading as investors welcomed its continued turnaround efforts.

The Independent UK

Supermarket scrutiny turns attention to winemakers

Supermarket scrutiny turns attention to winemakers

Australian winemakers say big supermarkets are leaving them hanging as a new report flags drinkers want better transparency.

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inkl

Best French white wines to try in 2024

Say ‘salut’ to summer with these superb white wines from the seat of European winemaking

Evening Standard

Best Spanish wines, tried and tested

Peninsular potations that showcase the best of Spain

Evening Standard

Best Shiraz wines to buy in 2024 from Tesco, Sainsbury's, Aldi and more

A deep dive into the finest modern Shirazes available right now

Evening Standard

Best Rioja wines to transport yourself to Spain, taste tested

Luscious libations abound in this round-up of righteously robust Riojas

Evening Standard

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Naked Wines slashes costs after warning on risk of going bust

Executive chair Rowan Gormley said the business was starting to get things back on track.

Evening Standard

Naked Wines decants boss as shares plunge deep into red after another profit warning

Chair Rowan Gormley blamed CEO Nick Devlin “splitting his time across both the role of CEO and US president” for a poor performance in the US

Evening Standard

Naked Wines warns it could go bust if ‘combination’ of factors hit cash flow as online wine sales go sour

Naked Wines founder and chairman Rowan Gormley apologised to shareholders as the firm swung to a £15 million loss

Evening Standard

FTSE 100 Live: London blue-chips close up seven points, Kingfisher dives, oil at $95

A profit warning by B&Q owner Kingfisher and robust trading figures from Ocado provided the main interest in the FTSE 100 today.

Evening Standard

A hastily assembled WhatsApp group, then relief: UK tech firms react to SVB

A hastily assembled WhatsApp group, then relief: UK tech firms react to SVB

Rescue of Silicon Valley Bank’s British arm followed fears sector would be plunged into crisis

The Guardian - UK

Naked Wines, Trustpilot among UK-listed firms exposed to Silicon Valley Bank

Naked Wines, Trustpilot among UK-listed firms exposed to Silicon Valley Bank

Naked Wines and Trustpilot are among the biggest UK-listed firms with a material exposure to Silicon Valley Bank (SVB), it was revealed today, as businesses rushed to reassure shareholders they had enough cash to survive after the bank’s collapse on Friday.

Evening Standard

Hope for pub trade as Mitchells & Butlers doubles sales and comes back into the black

Hope for pub trade as Mitchells & Butlers doubles sales and comes back into the black

Fresh signs of hope emerged for the embattled pub trade today as one of the industry’s biggest names said it was back in profit after a revival in trade and increasingly optimistic about the future.

Evening Standard

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Evening Standard

Naked Wines calls in founder and former CEO after shares get trampled

Rowan Gormley returns to the web-based retailer to advise on an overhaul of its strategy and financial plans

The Guardian - UK

The EU’s energy windfall tax gives UK ministers a yardstick for their talks

The government has scope to craft a more finely tuned package by negotiating wholesale prices on a fuel-by-fuel basis

Evening Standard

Naked Wines loses CFO after last month’s share price drop

Online drinks distributor had previously said it would trade ‘in or around breakeven this year’

The Guardian - UK

Are wine clubs worth joining?

Some clubs’ ‘discounted’ wines seem overpriced to start with, and you might miss out on bargains elsewhere

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The Guardian - UK

The best new wine online

Delicious drops from two of the internet’s biggest wine merchants

Evening Standard

Naked Wines stock drops 35% as growth not ‘at any cost’

Business intends to trade ‘in or around breakeven’ this year

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