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Moonpig reports 6% revenue growth Earnings reports News 

Moonpig reports 6% revenue growth

GaryPageau , ,
Moonpig Group plc announced all-around improved results for the fiscal year ended April 30, 2024. The company said it delivered revenue growth of 6.6% to £341.1 million driven by strong performance at the Moonpig brand. In its report, the company said organic revenue growth accelerated through the year, underpinned by the Moonpig brand, which grew revenue by 8.2% through growth... Read More
Moonpig to buy Buyagift platform for £124 million Acquisitions News 

Moonpig to buy Buyagift platform for £124 million

GaryPageau ,
Retail Insights Network reports U.K.-based greeting card and gifting platform Moonpig to buy gift experiences platform Smartbox Group UK (Buyagift) for £124 million. The company expects to record an underlying revenue growth percentage in the mid-teens for the combined entity. Buyagift serves 3.3 million customers under its two brands, Buyagift and Red Letter, and recorded double-digit revenue growth at a... Read More
Albelli, Photobox merge to compete in European photo products market Acquisitions 

Albelli, Photobox merge to compete in European photo products market

GaryPageau , , , , , , ,
  Two of Europe’s biggest names in personalized photo products have combined. albelli (owned by Gilde Buy Out Partners) and Photobox (owned by Exponent), announced a merger creating what it calls a “leading player in the online European Photo Product and Gifting market.” Gilde and Exponent will retain ownership of the combined business together with the management teams of both... Read More
Moonpig reports lower six-month results Earnings reports News 

Moonpig reports lower six-month results

GaryPageau
 U.K. personalized product retailer Moonpig reported lower results for the half-year ending Oct. 31. The company reported revenue and Adjusted EBITDA down 8.5% and 15.1% year-on-year respectively, reflecting lapping of periods of severe Covid-19 related lockdown restrictions, the company said. Group revenue was £155.9 million, compared to £142.6 million for the same period last year. During the period, the company... Read More
Moonpig Group reports double revenue in initial earnings report as public company Earnings reports News 

Moonpig Group reports double revenue in initial earnings report as public company

GaryPageau ,
U.K. online greeting card brand Moonpig Group reported strong results in its first earnings report as a publicly-traded company. (The company went public in the last year.) Group revenue doubled to £368.2 million, compared to £173.1 million the prior year, for the year ending April 30, 2021. The company said revenue growth was driven by strong customer acquisition and higher... Read More
British personalized card retailer Moonpig confirms €1.3B IPO News 

British personalized card retailer Moonpig confirms €1.3B IPO

GaryPageau , ,
UK-based online greeting card and gifts retailer, Moonpig Group, confirmed plans for a $1.6 billion (about  €1.3 billion) IPO listing on the London Stock Exchange next month. The firm says at least 25 percent of the share capital would be made available at the IPO. BlackRock and Dragoneer Global Fund have already agreed to buy £130 million (approx €146.1 million) of... Read More
Here’s why Photobox is transitioning its marketing practices Feature News 

Here’s why Photobox is transitioning its marketing practices

GaryPageau , ,
UK online retailer Photobox Group has seen 10 consecutive years of sales growth, made several acquisitions and moved into a  new £20 million London headquarters, as reported in the Drum. Despite the growth, however, the company isn’t resting, especially when it comes marketing. According the article: “The personalized gifting company … recently underwent a “hard reset” of its marketing plans,... Read More
Photobox unit, Moonpig, to open engineering hub in Manchester News Press releases 

Photobox unit, Moonpig, to open engineering hub in Manchester

GaryPageau ,
Launches recruitment drive for 50 engineers as it unveils ambitious next phase of growth Moonpig, the UK’s leading online cards, gifts & flowers retailer is opening its first ever ‘Tech Hub’ in Manchester, creating fifty new technology jobs across Manchester and London, as part of a multi-million-pound investment to unlock the next phase of its ambitious growth plans. The new... Read More
Photobox Group further strengthens product team with industry-leading talent News People on the Move Press releases 

Photobox Group further strengthens product team with industry-leading talent

GaryPageau , ,
Leading U.K. photo services company Photobox refreshed its logo (see above) and added to its management team (see below). The company has primarily been known for photobooks, calendars and canvas, but is now promoting small gifts like photo tins, personalized pouches and personalized aprons. The company also launched a new TV advertising campaign: Below is the press release on Grant... Read More
London firm Popsa gets £3 million to automate photobooks News 

London firm Popsa gets £3 million to automate photobooks

GaryPageau , , , , , ,
The U.K. Standard reports London tech firm Popsa has raised £3 million from top investors to develop an automated way to make photobooks. Popsa, founded in 2016, has clinched £2.2 million in a seed funding round led by Pembroke Venture Capital Trust, a backer of brands like Five Guys and Alexa Chung’s fashion label. Famous ad man Sir John Hegarty, co-founder... Read More