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Stanley Gibbons Sales Up 25%

 
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Posted 08/05/2011   1:19 pm  Show Profile Bookmark this topic Add kirks to your friends list Get a Link to this Message
Who said the hobby is dying?

http://www.stockmarketwire.com/arti...p-25pct.html

KirkS
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Posted 08/05/2011   1:46 pm  Show Profile Bookmark this reply Add smauggie to your friends list  Get a Link to this Reply
There has been some criticism of SG's marketing efforts in the UK recently. Still, the company we poised to do well given the boom of Chinese interest in philately.
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Posted 08/05/2011   2:32 pm  Show Profile Bookmark this reply Add nitrolures to your friends list  Get a Link to this Reply
Arn't both SG and SC being printed in China now? It would make sense that whichever was translated completely may have a leading edge and 25% gains could be just on printing savings alone. Either way its good news for the industry and depending on what your collecting it shows even with eBay listings on certain countries.
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Posted 08/05/2011   3:41 pm  Show Profile Bookmark this reply Add kirks to your friends list  Get a Link to this Reply
It's not printing costs; its SALES.

According to the article, sales were "15m in the half-year to end-June, up 25% from 11.9m in the prior year period."
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Posted 08/07/2011   12:14 am  Show Profile Bookmark this reply Add tonymacg to your friends list  Get a Link to this Reply

Quote:
Arn't both SG and SC being printed in China now?


My 2011 Gibbons Part 1 was apparently printed and bound in Italy.
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