All Greeting cards and stationery articles – Page 18
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NewsCard Factory founders set to rake in £400m
Card Factory has received bids for the business from several private equity groups that could result in the founders taking home a £400m windfall.
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News
Card Factory appoints KPMG to advise on sale
Greetings card retailer Card Factory has appointed KPMG to advise on a sale of the business, which could fetch up to £400m.
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NewsAsda ploughs into online greetings card market
Asda has waded into the online personalised greetings card arena in a tie-up with manufacturer Hallmark.
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AnalysisMoonpig: Success on the cards
It has pioneered the online greetings card market and now its competitors are playing catch-up. Lisa Berwin talks to Moonpig founder Nick Jenkins about the secret of the etailer’s rapid growth
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NewsClinton to expand store chains after better than expected trading
Greetings cards retailer Clinton Cards is gunning to grow its store base from 876 to 1,200 within six years and has revealed better than expected full-year trading.
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NewsOnline cards retailer Moonpig doubles profits
Online greetings card retailer Moonpig’s pre-tax profits more than doubled from £2.54m to £6.7m in the year to April.
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NewsScribbler to grow as it eyes cheap deals
Card retailer Scribbler is forging ahead with expansion plans that will extend its reach across the UK, despite the gloom in the greetings card sector.
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News
Green shoots shrivel as rally grinds to halt
Green shoots shrivelled as, for the third week running, general retailers were in reverse. The sector’s amazing rally over the past few months has shuddered to a halt as a result of profit taking by investors, some nasty shocks and a still uncertain outlook.
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OpinionClinton has its cards marked
Clinton Cards’ £46.4m acquisition of rival Birthdays in 2004 was one of the least surprising deals ever.
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News
Clinton Cards in bid to buy back 150 profitable Birthdays shops
Clinton Cards wants to keep the Birthdays brand alive by buying back up to 150 stores, following its collapse into administration.
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OpinionOnce again, landlords are stuck between a rock and a hard place
After Stylo and JJB Sports, Clinton Cards placing Birthdays into administration is another sign of the times.
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NewsClinton hopes to retain selected Birthdays stores despite administration
UPDATED: Cards group Clinton intends to maintain an interest in Birthdays, despite placing the chain into administration.
