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Australia · AustraliaNaked Wines has narrowed its operating loss for FY25 while continuing to execute its turnaround plan, despite a 14% drop in sales year-on-year. The online wine retailer posted an operating loss of £3.3m for the year ended 31 March 2025, a marked improvement from the £11.8m loss reported in FY24. Adjusted EBIT was a loss of £2.0m, down from a £5.0m profit the previous year, reflecting ongoing investments and costs related to inventory liquidation…See the Story