High Street

Card Factory swings to £16.4m loss in 2020

Revenue dropped down 36.9% to £285.1m from £451.5m in 2020 as store closures due to lockdown restrictions impacted sales

Card Factory has reported a pre-tax loss of £16.4m for the full-year ending 31 January 2021, down from £65.2m profit the previous year, as the company continued to be affected by the Covid-19 pandemic and ongoing lockdowns.

Check out our free weekly podcast

Back to top button