million.
Greetings Direct, trading as Cards For All Occasions, has a database of 700,000 customers, of whom 52,000 receive a package of selected cards each month which they can choose to purchase or return.
In the financial year to 31 August the company generated turnover of £8.
million and the estimated turnover for this financial year is £11.
million.
The board of Flying Brands believe the total UK greeting card business is worth around £1.
billion per annum.
Greetings Direct was set up in 2002 by Marten Nilsson, who will continue as managing director.
All seven members of staff who oversee product sourcing, marketing and operations will be retained.
