Wine.com reports 217% revenue increase

24 November, 2020

Leading US online retailer Wine.com has reported a 217% year-on-year revenue increase for the six months to September 30.

Revenue reached $176 million for the first half of the firm’s fiscal year. This brought trailing 12-month revenue to $285 million, a 102% increase on the previous year.

Wine.com introduced spirits  to its range in California, Florida, New Jersey and New York, and that category now represents 10% of sales in those states.

Chief executive Rich Bergsund said: “Americans from all parts of the country, age groups and levels of wine experience are discovering the world of wine in a new way through Wine.com.

“We’ve got a long list of innovations on our roadmap – we're just getting started.”





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Nick Strangeway

Bottled cocktails: The dos and don'ts

Pre-made cocktails have always carried a stigma, which I find odd. The romance of watching bartenders make drinks from scratch left pre-batched cocktails feeling cheap to many consumers, but lockdowns have forced this attitude to change.

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