Naked Wines has re-confirmed that it has appointed debt advisers to explore its refinancing options following certain press reports about its actions. Naked Wines has said that the input of advisers alluded to relates to an existing credit facility that expires in April 2025 and that it is running a typical replacement review well in advance of that date.
It added that the improving trend in Q3 FY24 revenue it reported on 18th January has continued to be in line with the company’s expectations. In February, it was confirmed that Rodrigo Maza, Naked’s managing director since September 2023, will work alongside Rowan Gormley over “the next three months” to ensure a successful transition to the position of Group chief executive, a permanent role, which will see Rowan Gormley return to his previous role as non-executive chairman. The business had also appointed Emma Kamel, formerly COO of the UK business to succeed Maza as general manager of the UK business.
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