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Majestic Wine acquires Naked Wines for £70m

Fri, 10/04/2015

The international online wine company Naked Wines has been bought by Majestic Wine. The £70m deal creates a multi-channel wine retailer, with Naked Wines' online service combining with Majestic’s nationwide network of stores. Rowan Gormley, founder and chief executive of Naked Wines, is to take over as chief executive of Majestic.