uk gift card and voucher association news and archive

Gift cards still in strong demand for young consumers

Gift cards continue to be a growing and powerful consumer gifting method, especially for younger consumers, according to the latest research published by the UK Gift Card and Voucher Association (UKGCVA), compiled by GlobalData. The research found that young consumers are driving the frequency of gift card purchasing, with 44 percent of...

Retail

Millions wasted as consumers don’t spend vouchers

More than 300 million pounds worth of gift vouchers bought this year could go unspent according to research by the UK Gift Card and Voucher Association. The association along with Consumer Affairs Minister Jo Swinson is urging consumers to spend and enjoy any vouchers they get for Christmas before they expire, as every year 6 percent of vouchers...

Retail

Gift vouchers on the increase

More than half of consumers are likely to give a gift card or voucher this Christmas in an industry worth more than 5 million pounds. According to new figures released by The UK Gift Card & Voucher Association, some 57 percent of consumers are likely to gift a voucher, up from 49 percent last year, showing that gift cards at Christmas are...