Former type Private (Ltd) Fate Administration Key people Milton Guffogg (CEO) Number of employees 1,800 | Defunct 2009 Founded 2006 Ceased operations 2009 | |
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Products Greeting CardsCalendars Headquarters | ||
Celebrations Group was a chain of British greeting cards stores. Most of their stores traded under the names of Cardfair and Card Warehouse. Celebrations Group was formed in 2006 when it purchased part of the Greeting Card Group from administrators PricewaterhouseCoopers.
Contents
The Company
The company had 288 stores across the United Kingdom and employed around 1800. It had a head office in Peterborough.
Celebrations Group also fully owned the transactional website Calendar Factory.
Administration
On October 8, 2008 Kroll Corporate Advisory & Restructuring Group (now known as Zolfo Cooper Europe) were appointed administrators of the company. The company entered administration due to cash flow difficulties.
Card Factory
On November 28, 2008 it was announced that Card Factory had purchased 76 of the groups 288 as part of a rescue package securing around 500 of the 1800 jobs.
Closure
The remaining 212 stores that were not purchased by Card Factory stopped trading on January 11, 2009, with only managers and assistant managers in on January 12, 2009 to deal with official store closures. Celebrations’ transactional website Calendar Factory stopped trading just before the New Year after it had run out of stock.