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CEWE is planning further turnover and earnings growth in 2024 Earnings reports News 

CEWE is planning further turnover and earnings growth in 2024

GaryPageau
CEWE Stiftung & Co. KGaA  presented the results for 2023 and the outlook for 2024 at the Annual Press and Analysts’ Conference. The company closed the 2023 financial year with a significant increase in turnover and earnings: Group turnover, including futalis, which was sold in December 2023, increased by +6.5%, rising by €47.8 million to 788.8 million euros (2022: €741.0 million),... Read More
Peakto update adds AI keywords News 

Peakto update adds AI keywords

GaryPageau
CYME updated its universal cataloger, Peakto, with AI-boosted and cross-catalog photo keywording. Peakto 1.12 automates mass keyword assignment to scattered photos, serving as the indispensable control tower to centralize and harmonize all associated keywords in a photo library. Key features of Peakto 1.12 include: Automatic Keyword Assignment: Peakto’s artificial intelligence recognizes image content and suggests appropriate keywords, saving users valuable... Read More
Deja vu: Fujifilm files patent claim against Kodak News 

Deja vu: Fujifilm files patent claim against Kodak

GaryPageau ,
Fujifilm Corp. has launched a legal action against Eastman Kodak Co. and claims its Sonora processless plates infringe on Fujifilm’s patents. The patent infringement lawsuit was lodged against Eastman Kodak in the United States District Court for the District of New Jersey on March 20. Fujifilm has asserted four patents (U.S. Patent Nos. 10,427,443, 10,525,696, 10,875,346, and 11,294,279) on various aspects... Read More
Claranova reports first half sales exceed €300 million Earnings reports News 

Claranova reports first half sales exceed €300 million

GaryPageau ,
PlanetArt parent Claranova reports half-year sales exceeded €300 million, with a normalized operating profit up 67% at constant rates to €27.5 million for an operating margin of 9.1%, with a net result of €2.2 million “The results for this first half of 2023-2024 demonstrate the tremendous work carried out by the teams for almost two years and the vigor of... Read More
Logitech debuts Mevo Core streaming Micro-Four Thirds camera News 

Logitech debuts Mevo Core streaming Micro-Four Thirds camera

GaryPageau ,
Logitech International introduced Mevo Core, the next generation live streaming camera in the Mevo ecosystem, now with Micro-Four Thirds lens mount. Mevo Core is available now for $999 (camera body only) at Mevo.com, B&H Photo Video and Amazon in the US and Canada, and will be offered with lens bundles at select retailers. Mevo Core is a 4K camera built for... Read More
NRF: Retail sales to reach at least $5.23 trillion in 2024 News 

NRF: Retail sales to reach at least $5.23 trillion in 2024

GaryPageau
The National Retail Federation (NRF) forecast that retail sales will increase in 2024 between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. The announcement was made during NRF’s fourth annual State of Retail & the Consumer virtual discussion on the health of American consumers and the retail industry. “The resiliency of consumers continues to power the American economy, and... Read More
Census data shows retail sales bounced back in February News 

Census data shows retail sales bounced back in February

GaryPageau ,
Data released by the U.S. Census Bureau shows retail sales expanded in February after a strong but flat January, said Jack Kleinhkenz, chief economist, National Retail Federation (NRF). “Retail sales rebounded in a solid fashion in February, showing the consumer is still spending and pointing to underlying strength in the economy,” Kleinhenz said. “These results indicate that the economy is... Read More
Adobe reports record revenue in Q1 Fiscal 2024 Earnings reports News 

Adobe reports record revenue in Q1 Fiscal 2024

GaryPageau
Adobe reported financial results for its first quarter fiscal year 2024 ended March 1, 2024. “Adobe drove record Q1 revenue demonstrating strong momentum across Creative Cloud, Document Cloud and Experience Cloud,” said Shantanu Narayen, chair and CEO, Adobe. “We’ve done an incredible job harnessing the power of generative AI to deliver groundbreaking innovation across our product portfolio.” “Adobe’s Q1 results... Read More
Fujifilm introduces INSTAX MINI 99 instant camera News 

Fujifilm introduces INSTAX MINI 99 instant camera

GaryPageau ,
FUJIFILM North America Corp. debuted the FUJIFILM INSTAX MINI 99, with a sleek and stylish matte black finish, and incorporating advanced new image features including color, brightness, and focus modes to maximize the potential of each photo. The INSTAX MINI 99 instant camera is expected to be available in mid-April 2024 at a Manufacturer’s Suggested Retail Price of $199.95 USD... Read More
GoPro, PADI link up on new specialty certification program for Scuba Divers News 

GoPro, PADI link up on new specialty certification program for Scuba Divers

GaryPageau ,
GoPro and PADI  (Professional Association of Diving Instructors) announced the GoPro PADI Distinctive Specialty Course, a new GoPro-specific specialty certification for certified scuba divers, providing training on how to use GoPro cameras, accessories and the Quik video editing app to become the ultimate storyteller and content creator. PADI is the largest purpose-driven diving organization with a global network of 6,600... Read More
CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February News 

CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February

GaryPageau
Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data. Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% unadjusted year over year in... Read More
Germany’s Photo Industry Association (PIV) votes to dissolve Events News 

Germany’s Photo Industry Association (PIV) votes to dissolve

GaryPageau , ,
At the extraordinary general meeting on March 11, 2024 in Frankfurt am Main, the members of the Photo Industry Association ( PIV ) decided to dissolve and orderly wind up the association as of Dec. 31, 2024, according to announcement on the PIV web page. This year, the association will continue to maintain its operational business and fulfill its tasks... Read More
Advertek announces strategic acquisition of Custom Colour Imaging Acquisitions News 

Advertek announces strategic acquisition of Custom Colour Imaging

GaryPageau , ,
Advertek Inc, one of Canada’s leading print innovators, announces the strategic acquisition of Custom Colour Imaging (CCI), a Toronto-based photo lab and print-on-demand company with more than 50 years of heritage and expertise. Terms were not disclosed. This acquisition marks a significant milestone in Advertek’s 25-year journey in commercial printing and photo imaging. Advertek, known for its expertise in various... Read More
Nikon Corp. enters agreement to buy RED cinema gear company Acquisitions News 

Nikon Corp. enters agreement to buy RED cinema gear company

GaryPageau ,
Nikon Corp. announced it has entered into a purchase agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED) whereby RED will become a wholly-owned subsidiary of Nikon, “pursuant to a Membership Interest Purchase Agreement with Mr. James Jannard, its founder, and Mr. Jarred Land, its current President, subject to the satisfaction of certain closing conditions thereunder.”... Read More