Naked Wines returns to profit despite sales decline

Naked Wines saw profits double in its latest half year results, as it pushed ahead with its turnaround.
The wine retailer, which named Jack Pailing as its new chair in July, saw EBITDA grew from £1.7m last year to £3.6m for the 26 weeks ended 29 September.
Sales declined 20% to £89.5m over the period, although the brand noted that this was in line with its prior guidance and its strategy of recalibrating around its “highly profitable” core members.
The business halv