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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
Photo Imaging CONNECT brings together industry executives for industry connections and more Events News 

Photo Imaging CONNECT brings together industry executives for industry connections and more

GaryPageau
The Photo Imaging CONNECT conference, held March 16-17, in Las Vegas, Nev., brought together more than 40 industry executives to network, share insights and explore the future of the photo/imaging industry. In a special partnership with WPPI, the Dead Pixels Society held an executive-level conference to bring together various sectors of the photo/imaging industry to discuss trends, opportunities, new technologies, and more in... Read More
B&H Photo buys Manhattan office property for $150 Million Investments News 

B&H Photo buys Manhattan office property for $150 Million

GaryPageau
B&H Photo has acquired a Manhattan office property for $150 million through an entity called SV333 Realty, records from the New York City Department of Finance show. According to a report from PincusCo, Brookfield Properties originally paid $255 million for the 10-story asset in 2018, representing a more than $100 million loss for the developer. While Manhattan particularly has seen a... Read More
Entourage Yearbooks announces 2024 Next Generation Grant recipients News 

Entourage Yearbooks announces 2024 Next Generation Grant recipients

GaryPageau
Entourage Yearbooks announced the 2024 Next Generation Grant recipients. Spearheaded by CEO Elias Jo, this initiative aims to narrow the resource gap in schools by offering financial assistance to institutions lacking the necessary resources to provide educational opportunities to their students. The 2024 grant cycle saw unprecedented applicants, demonstrating a widespread need for support in educational endeavors. Entourage also received... Read More
Fujifilm survey: Nearly 8 in 10 Americans say viewing old photos brings happiness and calm News 

Fujifilm survey: Nearly 8 in 10 Americans say viewing old photos brings happiness and calm

GaryPageau
FUJIFILM North America Corp., partnered with clinical psychologist and mental health expert Dr. Lauren Cook to unveil findings from Frame of Mind, a new survey highlighting the profound impact photography has on emotional well-being. With more than 3 in 4 respondents agreeing that looking through old photos brings them happiness and calm, the survey, commissioned by Fujifilm, underscores the idea... Read More
CYME announces Peakto CONNECT with Peakto 2.3 for cloudless media access News Updates 

CYME announces Peakto CONNECT with Peakto 2.3 for cloudless media access

GaryPageau ,
CYME announced a new feature for Peakto 2.3, it’s media manager for the Mac: secure remote access to photos and videos stored locally. With Peakto Connect, users cab access their media across multiple devices, without uploading their content to the Cloud. Peakto Connect establishes an encrypted internet connection (local or public), allowing users to securely access Peakto and its cataloged content... Read More