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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Jun- 2023 -29 JuneNews
Moonpig profits fall to £48m despite sales growth
Moonpig has reported its pre tax profits fell 6.9% to £48.0m in the year ended 30 April, despite seeing a 5.2% increase in revenues to £320.1m. Gross margins increased by 6.8% to 56.1%, while adjusted underlying earnings (EBITDA) jumped 12.4% to £84.2m. According to the greetings card group, trading since…
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Mar- 2023 -30 MarchOnline & Digital
Moonpig revenues remain unchanged at £320m in FY22
Moonpig has revealed that the group’s annual revenues for the financial year ending 30 April remain unchanged at roughly £320m, with full-year adjusted EBITDA also remaining unchanged. The news comes as the online retailer’s performance has been resilient across the second half of the year to date, having recorded its…
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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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