Origins to 2009 Dean Hoyle left school with no qualifications, having a self confessed greater interest in
football. In 1997, they opened their first shop under within the
holding company Sportswift Ltd, purposefully choosing secondary retail locations which were cheaper. The couple built a board to expand the business, including: Keith Pacey (chairman of
Maplin); Richard Hayes (managing director, their ex bank manager); Chris Beck (commercial director, ex
Grant Thornton); Darren Bryant (group finance director, ex
PricewaterhouseCoopers).
2010s The couple put the business up for sale in January 2010 This enabled Dean Hoyle to later buy
Huddersfield Town F.C. In May 2014, the company floated via an
initial public offering on the
London Stock Exchange. In 2019, the company began supplying cards to
Aldi,
Matalan and
The Reject Shop.
2020s Card Factory shops were shut for much of 2020 and the beginning of 2021 due to the
COVID-19 pandemic. Revenue from the website more than doubled during this period, and the website was relaunched in August 2020 to enable cards to be personalised, matching similar offerings to
Moonpig and Funky Pigeon. In late 2020, the company launched mobile apps for both iPhone and Android devices. In December 2020,
Costcutter boss Darcy Willson-Rymer was appointed as chief executive. In 2024, Card Factory sold an exclusive
East 17 Christmas card to mark the 30th anniversary of the band's
Christmas single Stay Another Day. A portion of the revenue raised by sales of the card were donated to
music therapy charity Nordoff and Robbins. On 15 August 2025 Card Factory completed the acquisition of Funky Pigeon from
WHSmith for £24m; the brand would become one of Card Factory's main businesses and would boost its online presence. ==Operations==