Moonpig embraces tech and upselling as revenue jumps Retail Moonpig has credited its tech and upselling capabilities with its rise in revenue, with boosted customer retention and a growing order book. The online card maker recorded a 6.5 per cent rise in revenue in the year ended 30 April, jumping to £373m from £350.1m. Profit before tax swung back to £68.9m from last financial [...]
Moonpig shares tumble as card maker swings to £33m loss Retail Moonpig swung to a loss in the first half of its financial year as the personalised card maker takes longer than expected to turn around its experiences business. The news sent the FTSE 250 firm’s stock price down 12 per cent in early trading on Tuesday. Its shares remain up 57 per cent so far [...]
Moonpig new subscription model helps it achieve solid earnings retail Moonpig has credited its "extraordinary" customer loyalty and expectation beating subscription product for the growth.
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.
Moonpig nosedives after private equity firm sells 25m shares April 26, 2024 Thursday proved to be the worst day of trading in three years for personalised card company Moonpig, after a private equity firm sold 25 million of shares in the firm.