All Moonpig articles
Moonpig is a key player in the UK personalised greeting card market, selling personalised cards and gifts, as well as flowers. The website was launched in 2000 by Nick Jenkins. Moonpig has broadened its product offer in recent years to provide a range of personalised merchandise, as well as gift experience days.
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News
Moonpig profits and sales grow
Online greeting cards specialist and technology platform Moonpig reported a growth in profits and sales, despite the challenging macroeconomic environment.
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News
Moonpig sales climb but profits fall
Moonpig has posted a fall in full-year profits despite an increase in revenue.
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News
Moonpig praises ‘resilient performance’ as profits remain flat
Greeting card and gifting retailer Moonpig has reported a “resilient performance” for the second half of the year to date, as profits remained flat.
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News
Retailers reassure on financing following Silicon Valley Bank collapse
Retailers have reassured investors that operations and trading will be unaffected by the crisis at Silicon Valley Bank’s UK arm.
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News
Moonpig lowers sales forecasts amid ‘challenging’ pre-Christmas trading
Moonpig has reduced its full-year sales forecasts after turbulent trading conditions hit its top line.
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News
Moonpig goes back to basics to navigate cost of living crisis
Moonpig has said it will focus on greeting cards and has left its full year guidance unchanged as it seeks to navigate the current cost of living crisis.
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News
Moonpig sales and profits drop in first full year results since float
Moonpig has reported falling sales and profits in its first full-year results since it floated on the London Stock Exchange.
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News
Moonpig expands range with Buyagift acquisition
Moonpig has made moves to grow its gifting offer with the proposed acquisition of Buyagift.
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Opinion
‘As Boohoo warns on profits, the disruptors are increasingly looking like the disrupted’
While online powerhouse Boohoo’s ethical credentials have prompted fierce criticism, its operational prowess and consumer appeal have rarely been in question.
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News
Moonpig revenues and profits slide against lockdown comparables
Moonpig has posted a dip in revenues and sales as customer spend dropped in line with easing restrictions.
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Analysis
From float to flop – why the pandemic’s winners are struggling on the stock market
For retail businesses booming during the pandemic, an IPO seemed like the natural next step. Yet for many of the 2020 winners share prices have plummeted – Retail Week asks why.
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News
Card Factory cuts losses as it targets omnichannel growth
Card Factory has reported a reduced first-half loss and said a transformation to an omnichannel model is under way.
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Analysis
Apps, personalisation and UX: How Moonpig and In The Style are powering growth
As Moonpig and In The Style publish stellar results for the past year, Retail Week explores what other retailers could learn from their digital strategies.
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News
Moonpig sales and profits soar in first full-year results since float
Pureplay greeting card specialist Moonpig has reported soaring sales and profits in its first set of full-year results since its IPO.
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Retail Navigator Analysis
Moonpig (Overview)
Moonpig is a key player in the UK personalised greetings card market. It also operates across Australia and the US, as well as Greetz in the Netherlands. It began as an online card retailer but has expanded into card-attached gifting, including flowers and balloons, and personalised merchandise such as mugs and smartphone covers. Moonpig acquired Red Letter Days and Buyagift in mid-2022, as it branched into the experiences-as-gifts business.
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Retail Navigator Analysis
Moonpig (Strategy)
The Moonpig Group, which is led by chief executive Nickyl Raithatha, comprises greeting card brand Moonpig and gift experience brands Red Letters Days and Buyagift in the UK, as well as online card and gifting business Greetz in the Netherlands. Moonpig has prioritised greeting card sales amid the cost-of-living crisis, “which have a demonstrable track record of being resilient across the cycle”.
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Retail Navigator Analysis
Moonpig (SWOT)
Moonpig is the market leader in the personalised greetings card market and has continued building on this with solid sales growth in recent years. Its addition of video messages across the card range, as well as allowing consumers to use digital codes for gift experiences in Moonpig cards and add stickers and photos to the inside of cards, should also help extend appeal.
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Retail Navigator Analysis
Moonpig (Financials)
Sales grew 5.2% year on year to £320.1m in the year to 30 April 2023 (FY2022), reflecting acquisitions that have formed the Experiences division and partly offset “by the positive impact on prior year from lockdown restrictions at Moonpig and Greetz”. Greeting card orders, existing customer orders and the proportion of orders with gifts attached proved resilient, while tough economic conditions hit new customer acquisition levels and the average selling price of gifts, as customers sought items with lower prices.
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Analysis
Analysis: Has private equity ownership done retail more harm than good?
Buy cheap, pile on debt, flog assets and extract the value, sell high to a new owner and pay yourself handsomely – that’s one characterisation of private equity, with recently collapsed department store group Debenhams seen as the poster child in critics’ eyes.
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News
Moonpig set to double full-year sales after ‘strongest ever’ Valentine’s Day
Moonpig reported the strongest week of trading in its history in the run up to Valentine’s Day.