Don’t whine, but your tipple’s going up: Naked Wines to hike prices by 5% as pound falls

Wine-lovers are facing the prospect of big price rises for their favourite tipple due to the fall in the value of the pound.
Last week, online supplier Naked Wines emailed customers saying that from next month the price of half of its wines would rise by about 5 per cent.
The chatty email explained: ‘The cost of wine has gone up. Back in the good ole [sic] days of early 2016, we lowered our prices when exchange rates were in our favour.
‘Since then the pound has steadily plummeted and duty has gone up (again), meaning the cost of wine has crept up.’
The email, addressed to its ‘Angels’ –... read more

15 October 2016 in Business, Views: 45
Source: Daily Mail

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