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IG Design: Card maker’s cost-cutting drive starts to pay off despite profit plummet Retail Profit at IG Design, the world’s largest maker of greeting cards, wrapping paper and gift bags, has been slashed but the firm is now cash generative and expecting to make a comeback in the second half of the year. As expected, group revenue fell 11 per cent in the six months to September, causing adjusted profit to [...]
IG Design: Cards and Christmas cracker giant nearly triples profit despite ‘soft demand’ Retail IG Design, the world’s biggest maker of greeting cards, wrapping paper and gift bags, has nearly tripled its annual profit despite a drop in revenue on "soft demand", as it focuses on simplifying the business.