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NRF: February retail sales rose year-over-year; annual 6-8 percent growth projected Marketing News 

NRF: February retail sales rose year-over-year; annual 6-8 percent growth projected

Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 omicron variant affected the supply chain, according to the National Retail Federation (NRF). “Retail sales data continues to show impressive consumer resilience,” said Matthew Shay, NRF President and CEO. “Despite all that’s... Read More
ON1 announces ON1 Resize AI app for increasing resolution News 

ON1 announces ON1 Resize AI app for increasing resolution

ON1 announces a new application for increasing image resolution, ON1 Resize AI, coming this April. Its predecessor ON1 Resize (formerly Genuine Fractals), was the industry standard for photo enlargements for more than 20 years. ON1 Resize AI has all-new super-resolution technology allowing customers and any photographer to enlarge photos while quickly maintaining and recovering an incredible amount of detail and... Read More
Dscoop Edge Rockies draws more than 800 printing and imaging execs Events News 

Dscoop Edge Rockies draws more than 800 printing and imaging execs

More than 800 people in the digital print community attended Dscoop Edge Rockies, March 6-9, at the Gaylord Rockies Resort in Aurora, Colo. eager to gain new ideas and connections after more than two years apart since the previous in-person event. Conference organizers said the higher-than-expected attendance number includes owners and employees of more than 350 different companies from 22... Read More
Kodak going private? A bank CEO thinks it’s a good idea News 

Kodak going private? A bank CEO thinks it’s a good idea

The Buffalo Times reports M&T Bank CEO Rene Jones is widely rumored to be considering a not-so-hostile acquisition of Rochester-based Eastman Kodak Co. in a plan that would take the firm private. According to the article, the Buffalo-based financial institution is considering the play due relieve the long-traded public company from the pressures of quarterly reports, allowing it the breathing room to... Read More
Photo-Me International takeover bid collapses Acquisitions News 

Photo-Me International takeover bid collapses

The takeover bid for Photo-Me International after a takeover bid lapsed, according to the Times. Tibergest PTE, the investment vehicle owned by CEO Serge Crasnianski, tabled an offer in January after it increased its stake in the photo booth operator to 36.5 percent, triggering a mandatory bid by bringing its holding above 30 percent. At the time, Tibergest said, the... Read More
RICOH announces limited-edition Ricoh GR IIIx Urban kit News 

RICOH announces limited-edition Ricoh GR IIIx Urban kit

Ricoh Imaging Americas Corp. announced the $1,099.95 RICOH GR IIIx Urban Edition Special Limited Kit, featuring the RICOH GR IIIx high-end digital compact camera, with a metallic gray finish and navy-blue ring around the lens barrel. It also includes exclusive, specially designed accessories: a leather hand strap and a metallic hot shoe cover. The kit will be available in limited... Read More
Lensbaby Optic Swap System brings back Soft Focus News 

Lensbaby Optic Swap System brings back Soft Focus

Lensbaby launched a new and improved Soft Focus II, priced at $179. This long-awaited successor to the sought-after original Soft Focus optic adds a 12-blade manually adjustable internal aperture to its unique and versatile drop-in magnetic aperture system. The 12-blade internal aperture controls the strength of the soft-focus effect while Imagon-style multi-hole apertures maintain the ability to change the balance... Read More
Canon U.S.A. announces an online version of PosterArtist News 

Canon U.S.A. announces an online version of PosterArtist

  Canon U.S.A., Inc. announced the launch of an online version of PosterArtist. This free online application provides two main paths at the top of the page to access the poster-creation process, providing the end-user choices to select from various applications based on the desired format, while also maintaining the option to choose from a variety of pre-designed templates. These... Read More
Photobook.ai develops mobile apps for Orwonet GmbH New Products News 

Photobook.ai develops mobile apps for Orwonet GmbH

Photobook.ai announces they have been chosen to deliver and maintain the photo print and personalization apps for ORWO Net AG, one of Europe’s largest white-label full-service print fulfillment companies.  ORWONet fulfills for some of Europe’s largest retail chains with thousands of stores and millions of users. Pixelnet Fotos for iOS and Android apps are based on photobook.ai’s aiBook3 white-label platform... Read More
Smartphoto Group reports full-year 2021 revenues up but profits tighten News 

Smartphoto Group reports full-year 2021 revenues up but profits tighten

Belgium-based Smartphoto Group reported in 2021 an increase in revenue to 63.1 million euro compared to 61.4 million euro in 2020. This growth in revenue is the combination of the organic evolution and the one-month contribution of Nayan. The strict lockdown measures in 2020 resulted in exceptionally strong sales of books and prints in the spring and of gifts in... Read More
Best Buy reports 4Q sales decreased 2.3% but FY2022 showed growth News 

Best Buy reports 4Q sales decreased 2.3% but FY2022 showed growth

Best Buy Co. Inc. announced results for the fourth quarter ended Jan. 29, 2022, with Q4 comparable sales decreasing 2.3% compared to 12.6% growth in Q4 2021. “Our teams showed remarkable execution and dedication to serving our customers throughout the important gift-giving season,” said Corie Barry, Best Buy CEO. “In Q4, we drove improvement in year-over-year customer satisfaction metrics across... Read More
Imaging fashion app leader Perfect Corp. to list on NASDAQ News 

Imaging fashion app leader Perfect Corp. to list on NASDAQ

Perfect Corp. has entered into a definitive agreement and plan of merger with Provident Acquisition Corp., a publicly-traded special purpose company, that sets the enterprise value of Perfect Corp. at US$1.02 billion. The business combination is expected to provide Perfect Corp. with up to US$335 million in gross proceeds, including US$50 million from concurrent PIPE transaction, US$55 million from the... Read More
Photo-Me share purchase triggers takeover rule News 

Photo-Me share purchase triggers takeover rule

Photo-Me International PLC said Serge Crasnianski, its CEO, has published a document with full terms and conditions for a mandatory takeover offer by the CEO’s company Tibergest Pte Ltd., according to Alliance News. The offer for the Surrey-based operator of instant-service equipment has become open for acceptances until March 8. In mid-January, Tibergest agreed to buy 29.1 million Photo-Me shares... Read More
Hasselblad announces 2022 Hasselblad Heroines Events News 

Hasselblad announces 2022 Hasselblad Heroines

In celebration of Women’s History Month and the upcoming International Women’s Day on March 8th, Hasselblad once again highlights a select group of diverse female photographers in its fourth year of Hasselblad Heroines. Since the series launch in 2019, females from across the globe have been recognized for their creativity and dedication to the craft. Here are the 2022 Hasselblad... Read More