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Majestic Wine is buying online company Naked Wines

2015-04-10 10:03:23| Beverages - Topix.net

Naked Wines, founded in 2008, runs a crowd funded business where around 300,000 subscribers help fund over 130 independent winemakers in 14 countries in exchange for access to exclusive wines at preferential prices. It generated sales of A 74 million last year, up 40% on a year ago, but made a loss of A 3.3 million.

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