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Financial Review: Canva’s rare job cuts target AI-related jobs News 

Financial Review: Canva’s rare job cuts target AI-related jobs

GaryPageau ,
According to a Financial Times article by Amelia McGuire, high-flying graphics company Canva has laid off 10 technical writers, nine months after telling them to embrace generative artificial intelligence tools. This is the first layoffs at the company ever. “Ten of 12 technical writing staff were made redundant. It’s a small proportion of the company’s 5000-strong staff, but it’s a... Read More
Pixami achieves SOC 2 compliance for yearbook software News Updates 

Pixami achieves SOC 2 compliance for yearbook software

GaryPageau
Yearbook software company Pixami, which was purchased last year by Nationwide Studios, continues to aggressively roll out updates. The company announced it has achieved SOC 2 Compliance, the stringent cybersecurity standard. SOC 2 Compliance is a compliance framework developed by the American Institute of Certified Public Accountants (AICPA) to help service organizations demonstrate they have effective internal controls in place... Read More
Kyocera Nixka Inkjet Systems installs first Belharra printer News 

Kyocera Nixka Inkjet Systems installs first Belharra printer

GaryPageau ,
Kyocera Nixka Inkjet Systems announces the first installation of its “Belharra” Printer at Photoweb in Grenoble, a leader in online photo printing and a beta site for this new technology. According to a press release, Photoweb has actively contributed to defining the requirements for a more sustainable approach to their photo market and Kyocera Nixka Inkjet Systems adapted its products to... Read More
School Photography Boot Camp has basic and advanced course tracks News 

School Photography Boot Camp has basic and advanced course tracks

GaryPageau ,
The Volume Imaging Professionals (VIP) announced its School Photo Boot Camp, July 16-18, in Charlotte, N.C., has two tracks: Basic and Advanced Courses. The first track is the classic program, featuring both classroom and hands-on learning. The second track is an advanced track for schools, sports, dance, or event photography. Check out the website for complete course descriptions and registration... Read More
fotointern: Photo Video Zumstein opens in Basel, where Marlin GmbH was News 

fotointern: Photo Video Zumstein opens in Basel, where Marlin GmbH was

GaryPageau , ,
Fotointern.ch, Switzerland’s independent daily online photography and digital imaging magazine, reports Foto Video Zumstein AG Bern, with branches in Zurich, Neuchâtel and Lausanne, will open another store on May 2, 2025, in the Aeschenvorstadt in Basel, where Foto Marlin was located until its closure on Jan. 10. The opening is planned for Friday, May 2, 2025. “We took over the entire... Read More
Fujifilm, Optimum Imaging Technologies settle image-correction patent suits News 

Fujifilm, Optimum Imaging Technologies settle image-correction patent suits

GaryPageau ,
According to Bloomberg Law, Fujifilm North America Corp. and Optimum Imaging Technologies LLC settled two lawsuits over patents covering camera technology that automatically corrects distorted images, according to federal court filings. Judge Haywood S. Gilliam Jr. terminated Optimum Imaging Technologies’s motion to transfer Fujifilm’s suit seeking declaratory judgment of noninfringement on Wednesday in the U.S .District Court for the Northern District of California, citing... Read More
Quad/Graphics to enter the promo market News 

Quad/Graphics to enter the promo market

GaryPageau
Quad/Graphics Inc. is expanding into the $26.6-billion “branded solutions market,” also known as promotional products. “Promotional goods are more than just products – they’re extensions of a brand’s story – in the marketplace and in the workplace,” said Oliver Kimberley, Quad’s General Manager of Managed Services, the division launching branded solutions. “The modern marketer is the principal brand steward. With 77 percent... Read More
Product availability impacts Ringfoto sales in 2024 Earnings reports News 

Product availability impacts Ringfoto sales in 2024

GaryPageau ,
European photo cooperative Ringfoto reported  total revenue of €516.9 million in 2024, marking a 3.4% decrease (€18.5 million) from the previous year, primarily due to scare products.  Warehouse sales increased by 5.1% to €390.8 million, while direct shipments (centralized billing) fell by 22.9% to €126.2 million. The overall group revenue, including subsidiaries in Austria and the Netherlands, declined by 3.5%... Read More
Claranova reported stable first-half sales and improved net income Earnings reports News 

Claranova reported stable first-half sales and improved net income

GaryPageau ,
PlanetArt parent Claranova reported €294 million in revenue for the first half of the 2024-2025 year, remaining stable year-over-year despite a shorter holiday sales period. EBITDA grew 23% to €33.6 million, driven by cost reductions and higher-margin products, improving the EBITDA margin to 11.4% from 9.3%. The company’s net income quadrupled to €9.6 million, aided by operating improvements and reduced... Read More
Unlock Effective Sales Strategies with David Fastuca, Growth Forum News Podcasts 

Unlock Effective Sales Strategies with David Fastuca, Growth Forum

GaryPageau ,
What separates thriving businesses from struggling ones? It’s rarely the product or service quality alone. David Fastuca, CEO and co-founder of Growth Forum, reveals how effective sales frameworks create sustainable growth regardless of industry or size. From starting his first design business at 14 to achieving a $30 million exit with his tech company Locomote Fastuca’s journey demonstrates how mastering sales transforms business... Read More
CEWE aims to continue to increase its turnover and earnings in 2025 Earnings reports News 

CEWE aims to continue to increase its turnover and earnings in 2025

GaryPageau
CEWE Stiftung & Co. KGaA delivered record sales and earnings in 2024 despite economic challenges. The company remains financially robust and forecasts further growth in 2025, driven by its core photofinishing business and strategic innovation efforts. The company reported that 2024 sales increased by 6.7% to €832.8 million, compared to €780.2 million in 2023. CEWE Stiftung & Co. KGaA delivered... Read More
Photobook maker Orwo Net is in financial trouble, seeking new investors News 

Photobook maker Orwo Net is in financial trouble, seeking new investors

GaryPageau
According to Mitteldeutsche Zeitung (MZ),  a regional daily newspaper based in Halle, Germany, German photo brand Orwo Net is in financial trouble, despite the recent growth of the ORWO film brand. The 270-person company Orwo Net has filed for insolvency with the Dessau-Roßlau District Court, according to the report. Christian Heintze of the law firm BBL Brockdorff has been appointed... Read More
OnPress Book Printing expands capacity with two Xeikon SX30000 presses News 

OnPress Book Printing expands capacity with two Xeikon SX30000 presses

GaryPageau ,
New Jersey-based book printer OnPress Book Printing expanded its production capabilities with the installation of two additional Xeikon SX30000 digital presses. This strategic investment comes in response to growing demand from book publishers, associations, and the commercial market for high-quality, cost-effective, and fast-turnaround book printing. With the expanded fleet of Xeikon SX30000 presses, OnPress can now handle larger volumes and... Read More
TAMRON Americas announces spring instant savings on select lenses News Promotions 

TAMRON Americas announces spring instant savings on select lenses

GaryPageau ,
TAMRON Americas is launching its Spring Savings event. Customers in the USA and Canada can enjoy instant savings of up to $200 USD / $300 CAD on a selection of Tamron lenses. Shoppers can take advantage of these exceptional savings at both authorized TAMRON Americas retailers and the TAMRON Store. (See all Canadian savings in chart below.) Featured in the... Read More
Revenue concerns surge as inflation remains dominant challenge for small businesses Market research News 

Revenue concerns surge as inflation remains dominant challenge for small businesses

GaryPageau
Small business owners reported a dip in confidence this quarter across measures of business health, cash flow, and increases in staff, according to findings from the Q1 MetLife and U.S. Chamber of Commerce Small Business Index. Notably, concern for revenue increased by 10 percentage points to 35%, reaching the highest level of concern since Q3 2021 (34%), when tracking of... Read More