Monday 26 September 2016

Gift-voucher firm denies it is 'in difficulty'

Published 01/02/2013 | 05:00

A GIFT voucher company has moved to reassure customers that rumours it is in financial difficulty are baseless.

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The Gift Voucher Shop (GVS), which distributes One4all gift cards, moved to dispel the rumour, which erupted on social media and via text messages.

GVS, a subsidiary of An Post, said the allegation was "totally without foundation and untrue".

In fact, the firm enjoyed a buoyant year in 2012, boosting annual turnover by 14pc to €150m and replicating the double-digit growth it has enjoyed for five years.

"GVS would like to assure all its customers that One4all gift cards continue to be fully redeemable," a statement said.

A spokeswoman added that an investigation had begun into how the rumour started.

Irish Independent

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