Card Factory

Card Factory agrees on revised £150m refinancing

Card Factory has confirmed it has completed a £150m refinancing of the group, as it continues to take action to…

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Card Factory sees recovery with online sales up 23.3% to £22.2m

The Card Factory has reported recovery to pre-Covid levels as its online sales increased 23.3% in the 11 months to…

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Card Factory welcomes new director to board

Card Factory has welcomed Robert McWilliam as the latest independent non-executive director to its board, with effect from 1 November…

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Card Factory narrows H1 losses to £6.5m

Card Factory has announced that it has narrowed its pre-tax losses for the six-month period ending 31 July 2021 to…

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Card Factory swings to £16.4m loss in 2020

Card Factory has reported a pre-tax loss of £16.4m for the full-year ending 31 January 2021, down from £65.2m profit…

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Card Factory completes £225m refinancing

Card Factory has announced it has completed a £225m refinancing with its current banking syndicate. The news follows the retailer’s…

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Card Factory trading performance ‘exceeds expectations’

Card Factory has announced that its performance following the reopening of stores in England and Wales “exceeded its expectations”. The…

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Card Factory seeks fresh funding to aid survival

Card Factory has reportedly drafted in restructuring experts to help secure news funds to support the group through the pandemic.…

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Card Factory confirms refinancing plans

Card Factory has issued a liquidity update which confirmed the groups intentions to “refinance” as the banks have provided further…

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Card Factory to receive one month covenant breaches waiver

Card Factory has been issued a one month extension to covenant breaches by banks until 28 February 2021. Earlier this…

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