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UPDATE 1-Card Factory warns of annual loss, covenant breach risk; shares drop


By Reuters Staff
(Adds details on earnings, sector background, shares)
Jan 14 (Reuters) - Card Factory Plc warned of an annual loss on Thursday and said it risked breaching its covenants by this month-end as Britain’s retail sector continued to get hit by the COVID-19 pandemic, sending its shares nearly 3% lower in early trade.
The greeting card retailer said it expected to report a loss before tax of about 10 million pounds ($13.65 million) for the year ending Jan. 31, compared with a profit before tax of 65.2 million pounds a year earlier.
However, online sales continued their strong run, with a like-for-like sales growth of 137% in the 11 months to December. ....

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Technavio Research: The Photo Printing and Merchandise Market to Grow by $ 4.68 bn During 2020-2024 | Industry Analysis, Market Trends, Opportunities and Forecast 2024


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Technavio has been monitoring the photo printing and merchandise market and it is poised to grow by USD 4.68 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201218005705/en/
Technavio has announced its latest market research report titled Global Photo Printing and Merchandise Market 2020-2024 (Graphic: Business Wire).
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 wil ....

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Technavio Research: Global Personalized Gifts Market | USD 7.37 Billion Incremental Growth During 2020-2024


Technavio Research: Global Personalized Gifts Market | USD 7.37 Billion Incremental Growth During 2020-2024 | Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201217005765/en/
Technavio has announced its latest market research report titled Personalized Gifts Market by Product, Distribution Channel, and Geography Forecast and Analysis 2020-2024 (Graphic: Business Wire)
For a More Detailed Analysis,
Get a Free Sample Report Delivered Instantly
The report on the personalized gifts market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the continuous development of new products. ....

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