Budget greeting card retailer, Card Factory, has felt the effects of Christmas lockdown with a 38.1 per cent year-on-year decline in store sales in the 11 months to December. The retail chain was forced to close for 37 per cent of the available trading days in a year “the like of which none of us
Card Factory faces £10 million pre-tax loss but remains optimistic about the future Read More »
Budget greetings card retail chain, Card Factory, has launched its first Christmas PR campaign, Festive Family Photocards, featuring TV personalities Stacey Solomon and Joe Swash. The campaign was designed by PR agency, Taylor Herring, to help buck card sales ahead of the industry’s most vital trading period. The agency decided that personalised family Christmas cards
Card Factory makes it personal Read More »
The UK Greeting Card Association (GCA) has revealed its latest market report, covering British greeting card sales for 2016 compared with 2015. The GCA found from its confidential survey of members that industry sales have reached their highest value ever, bringing the UK greeting card market value to £1.75 billion at retail. The period
Major greetings card industry updates Read More »
Senior executives at greeting card retail chain Card Factory,which raised £287 million when floated on the stock exchange by private equity owner Charterhouse, have reaped £54 million between them. Creative director Stuart Middleton sold a third of his stake in the business for £21.7 million,head of property Anthony Barraclough sold 50 per cent of his
Card Factory shares slide as directors pocket £54 million Read More »
Charterhouse owned retail giant Card Factory today gave the green light to its stock exchange flotation as it revealed EBITDA of £80.4 million for the past year. Greetings card retail chain Card Factory, which operates over 700 stores around the UK, announced this morning that it will be floated on the stock exchange and will
Card Factory gives green light to flotation Read More »
Budget greeting card retailer Card Factory has appointed Dunelm chairman and former Travis Perkins chief executive Geoff Cooper as its chairman. Cooper, who left Travis Perkins in 2013, is joining the 700 store Card Factory ahead of a possible flotation. A flotation of Card Factory is not definite, but is the likeliest option after an
Geoff Cooper is appointed chairman of Card Factory Read More »
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