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NRF economist says recovery is a sure thing News 

NRF economist says recovery is a sure thing

GaryPageau
As retailers head into the second half of 2021, the “great uncertainty” that clouded the nation’s economic outlook earlier in the year has transformed into evidence of an unprecedented recovery from the COVID-19 pandemic, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “It has become clear the U.S. economy and retail sales are growing far faster and more steadily... Read More
Light-shaping company Profoto goes public Earnings reports News 

Light-shaping company Profoto goes public

GaryPageau
Longtime lighting company Profoto Holding AB went public on the NASDAQ in Stockholm July 1, under the ticker symbol “PRFO.” Profoto shares are offered to the public in Sweden and to institutional investors in Sweden and abroad. After a day of trading, the stock closed at 84 kr ($9.8 per share). With 40,000,000 shares outstanding, put Profoto’s market capitalization at... Read More
Imaging utility maker TechSmith moving to headquarters to East Lansing News 

Imaging utility maker TechSmith moving to headquarters to East Lansing

GaryPageau
Michigan-based imaging utility maker TechSmith announced the company is moving from its Okemo, MI, headquarters to Michigan State University’s campus, where MSU and the Michigan State University Foundation are partnering to develop a 62,500 square-foot, two-story office building in the south portion of Spartan Village for the company. The office building, under construction now, is located on approximately five acres... Read More
Quebec’s Urbanimmersive acquires three real estate photography agencies Acquisitions News 

Quebec’s Urbanimmersive acquires three real estate photography agencies

GaryPageau
Urbanimmersive Inc. announced the completion of the acquisition of all of the outstanding shares of real estate photography agencies EGP Technovirtuel Inc. and Graphique ID Solutions Inc. and all of the intangible assets of La Clique Mobile s.e.n.c. for an aggregated purchase price of $3.03M, including $1.77M payable in cash immediately, $100k payable in 100 days and $1.16 million payable through the... Read More
FASTSIGNS parent Propelled Brands buys salon franchisor News 

FASTSIGNS parent Propelled Brands buys salon franchisor

GaryPageau ,
As an indication the company is moving further away from its copyshop roots, Propelled Brands, the corporate umbrella of FASTSIGNS International. Inc., announced its acquisition of Suite Management Franchising, LLC, the parent company of MY SALON Suite and Salon Plaza®, two salon suite franchisors. Propelled Brands is the corporate umbrella of FASTSIGNS, SIGNWAVE, and NerdsToGo. “We are excited to welcome... Read More
Canon introduces RF14-35mm F4 L IS USM lens News 

Canon introduces RF14-35mm F4 L IS USM lens

GaryPageau
Canon U.S.A., Inc., announced the RF14-35mm F4 L IS USM lens bringing ultra-wide-angle coverage to full-frame EOS R-series users. The lens weighs just 1.2 lbs and accepts conventional, 77mm screw-in filters. This is especially noteworthy on a lens for full-frame cameras with 14mm ultra-wide coverage. Additionally, the lens’s close-focusing capability is exceptional for an ultra-wide zoom of its type. The... Read More
GoPro announces open API for HERO9 cam, updates for Quik News 

GoPro announces open API for HERO9 cam, updates for Quik

GaryPageau
GoPro announced “Open GoPro,” an open API initiative for third-party developers to integrate HERO9 Black into their own development efforts. Open GoPro is live for HERO9 Black starting today with the release of the camera firmware update v1.6 With Open GoPro, developers have API access to the following HERO9 Black features: Wireless Connectivity Camera Command and Control Camera Status Camera Preview SD Card Media Review and Transfer Demos and sample... Read More
Photo-Me International announces board changes News People on the Move 

Photo-Me International announces board changes

GaryPageau
Photo-Me International plc, the instant-service equipment group, announced four new appointments: Tania Crasnianski as an executive director, and Camille Claverie, René Proglio and Sigieri Diaz della Vittoria Pallavicini as non-executive directors. All appointments are effective immediately.   Crasnianski has been an independent legal adviser for the past seven years and prior to that held the role of Head of Global... Read More
Industry Notes for the week of June 20 News People on the Move 

Industry Notes for the week of June 20

GaryPageau
People on the Move Erin Manning wins second Silver Telly Award Erin Manning Media announced its DIY Studio videos were named Best Series in Online Education and Discovery in the 42nd Annual Telly Awards. The prestigious Silver award is the second for Erin Manning, a well-known photo-educator and presenter, and the 20th Telly Award in her career. The DIY Studio series features Manning... Read More
Tether Tools integrates with PhotoLynx Flow software News 

Tether Tools integrates with PhotoLynx Flow software

GaryPageau , ,
Tether Tools announced Smart Shooter 4 was configured to integrate with PhotoLynx’s high-volume school photography software, Flow. With this integration, Smart Shooter’s TTL barcode and QR code reader functionality can now apply data immediately to each image’s filename upon capture. Smart Shooter captures the Barcode/QR code data through the lens or via scanner, ensuring the data is applied immediately to... Read More
Printful expands in UK, Poland with $5 million investment News 

Printful expands in UK, Poland with $5 million investment

GaryPageau
Printful continues to expand in Europe, signing leases for two more fulfillment centers in Wolverhampton, U.K., and in Lodz, Poland. The facilities together will cost $5 million and will add around 200,000 square feet of fulfillment space and create more than 100 new jobs during the first year of operations. So far, Printful runs its operations in eight in-house facilities... Read More
Kamera Express acquires Germany’s GM-Foto Acquisitions News 

Kamera Express acquires Germany’s GM-Foto

GaryPageau ,
The Dutch photo and video trading company Kamera Express takes over the German specialty store GM-Foto in Frankfurt, according to Foto Contact. This means after Hanover, Kamera Express will have a second superstore in Germany and will also add a third online shop to its portfolio. The dealer operates online with the Camera Express, Photospecialist, and now GM-Foto in Germany.... Read More
NRF: May retail sales reach near-record level despite monthly decline Market research News 

NRF: May retail sales reach near-record level despite monthly decline

GaryPageau
Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation  (NRF). “While May retail sales were down slightly, largely due to supply chain constraints, the more accurate indicator remains in the year-over-year data which, as the NRF calculates, showed growth of over 17 percent,” says  Matthew Shay, NRF President and CEO.... Read More