Moonpig
This coverage focuses on Moonpig’s strategy, operations, and performance within the UK retail and gifting sector. Reporting highlights its e-commerce growth, product innovation, marketing campaigns, acquisitions, and leadership decisions shaping the brand’s direction. Tailored for retail executives, brand managers, and digital strategists, the content provides insight into how Moonpig competes in the online gifting and personalised products market.
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Mar- 2023 -13 MarchHigh Street
UK retailers reassure investors amid Silicon Valley Bank collapse
UK retailers THG, Moonpig, and Naked Wines have moved to reassure investors of their financial security following the collapse of US-based Silicon Valley Bank (SVB) last Friday (10 March). The news comes after SVB was shut down by US regulators on Friday, with its UK arm thought to have around…
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Dec- 2022 -7 DecemberOnline & Digital
Moonpig lowers sales forecast ahead of uncertain Christmas
Greeting card retailer Moonpig has lowered its sales forecast for 2023 to £320m down from £350m in the half year to 31 October 2022. The company cited challenging trading conditions in October and November, including Royal Mail strikes, as the reason for changing its forecast. It has seen mild growth…
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Sep- 2022 -20 SeptemberOnline & Digital
Moonpig reiterates FY guidance as trading remains stable
Moonpig has said that its overall trading performance has been in line with its expectations in its latest trading update for the current financial year. In light of this, the group has kept to its existing guidance for the full financial year. It has also prioritised greeting card sales, which…
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Aug- 2022 -15 AugustNews
Joules names former John Lewis director as CEO
Joules has announced the appointment of Jonathon Brown as the group’s new CEO following a thorough selection process, joining as CEO designate on 7 September and becoming CEO on 30 September. Most recently, Brown was CEO of Compare the Market, part of BGL Group, where he led the business through…
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Jun- 2022 -29 JuneHigh Street
Moonpig posts £51m profit for FY22
Moonpig has revealed adjusted profit before tax of £51.5m for the year end 30 April 2022, down 30.9% on its 2021 results, but up 55.2% on 2020. Meanwhile its group revenue was £304.4m, down 17.3% on 2021 but up 75.8% on 2020 figures. Adjusted EBITDA was down 18.7% to 74.9m,…
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May- 2022 -23 MayEconomy
Moonpig to acquire Buyagift for £124m
Moonpig Group has announced the proposed acquisition of the entire issued share capital of Buyagift, the gift experiences platform, for cash consideration of £124m. The company said that the acquisition will “unlock the £6bn UK gift experiences segment” of the £57bn total addressable gifting market. Buyagift has over 4,400 experience…
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Apr- 2022 -5 AprilOnline & Digital
Moonpig annual revenues to hit £300m
Moonpig Group plc has announced it expects annual revenues to hit £300m in the financial year ending 30 April 2022, reflecting the temporary impact of Covid-19 on customer behaviour in late December and January. As the group’s trading performance has “remained strong”, Moonpig’s expectations for underlying revenues in FY22 remain…
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Feb- 2022 -3 FebruaryOnline & Digital
Virgin Wines revenues surge 55% to £40.5m
Virgin Wines UK plc, the online wine retailer, has reported its revenues surged 55% to £40.5m in the six months ending 31 December 2021, compared to £26.2m in H1 FY20. The group also witnessed repeat sales from core channels growing 6.2% year-on-year to £29.6m, and up 59% compared to H1…
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Dec- 2021 -9 DecemberEconomy
Moonpig revenue dips in H1
Moonpig has revealed that year-on year revenue fell by 8.5% to £142.6m in the half-year ended 31 October, despite reporting a revenue growth of 115% on a two-year basis. The group also saw EBITDA decline by 15.1% over the period while pre-tax profit plunged by 43% to £18.7m, as the…
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Sep- 2021 -28 SeptemberOnline & Digital
Moonpig ups full-year guidance amid ‘strong’ trading
Moonpig has announced it is raising its revenue guidance for FY22 amid a period of “strong” trading, and now expects to report between £270m and £285m in revenue for the period. In the latest update on its performance from 30 April 2021 to date, the group said that trade remains…
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