Hertfordshire prison says all incoming mail must be sent through Moonpig, Funkypigeon and Freeprints June 7, 2022 Inmates at a Hertfordshire prison will only be able to receive mail from Funky Pigeon, Moon Pig and Freeprints due to drug safety concerns. In announcement posted on Twitter, the letter from HMP The Mount’s governor Paul Crossey said the move was taken because it has “become increasingly concerned with the threat presented by psychoactive [...]
Moonpig momentum dips following lockdown-induced spending boom December 9, 2021 Moonpig’s revenue and profits have slipped as the lockdown-induced spending momentum dials down. After shops reopened in the six months to October 31, Moonpig’s revenue has sunk 8.5 per cent to £142.6m, with it struggling to compete with the lure of brick and mortar card stores. Investors were not deterred, however, with Moonpig’s share price [...]
Moonpig expects sales of up to £285m as demand remains strong September 28, 2021 Moonpig has hiked its full-year sales outlook as it said demand for online cards remains strong despite coronavirus restrictions lifting. The group said it expects sales of between around £270m and £285m for the year to April 30 thanks to “strong” trading in the year so far. It had previously forecast sales of between £250m [...]
Moonpig more than doubles revenue as lockdown delivers trading boom July 27, 2021 Online card retailer Moonpig has more than doubled its revenue in its first annual results since a bumper London stock market float earlier this year. The greetings card specialist posted revenue of £368.2m in the year to the end of April, a huge jump from the £173.1m recorded in the previous year. Reported pre-tax profit [...]
FTSE reshuffle: Newcomers Dr Martens and Moonpig battle for promotion February 23, 2021 The FTSE 100 is set for another reshuffle next week as the blue-chip index adapts to the pandemic and makes way for a handful of newcomers. FTSE Russell, which runs the index, will decide who’s up and who’s down according to closing prices on 2 March, with changes effective from 19 March. Despite the pandemic [...]
Moonpig toasts ‘strongest ever’ trading in run up to Valentine’s Day February 18, 2021 Moonpig, the online greeting card platform that listed on the London Stock Exchange this month, said this morning that it expects to double revenues this year as it toasted its its “strongest ever” trading week ahead of Valentine’s Day. The digital retailer said revenue for the financial year ending 31 April 2021 is expected to [...]
Moonpig soars on market debut as shares leap by a quarter within minutes February 2, 2021 Online greeting card platform Moonpig saw its shares rise by 25 per cent within minutes of pricing its London IPO on Tuesday. Stock in the newly listed firm was trading at around 440 pence per share shortly after floating at 350 pence. The sharp rise underlines spirited investor appetite and sets the stage for other [...]
Moonpig plans £1bn London float after lockdown boom January 8, 2021 Digital card company Moonpig is set to be the first British unicorn to go public this year as its private equity owners plan an IPO. Moonpig, which has been owned by Exponent Private Equity for four years, is set to outline plans for a £1bn flotation within the next fortnight, first reported by Sky News. [...]
Moonpig confirms £1bn London listing after pandemic sales boom January 12, 2021 Online greeting card platform Moonpig has confirmed its intention to float on the London Stock Exchange, targeting a valuation of more than £1bn. The private equity-owned company, which trades as Moonpig in the UK and as Greetz in the Netherlands, has enjoyed a boom in sales during the pandemic, in contrast to its high street [...]
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red June 13, 2024 Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.