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Bregal Sagemount investment pushes Printful to unicorn status News 

Bregal Sagemount investment pushes Printful to unicorn status

GaryPageau , ,
Printful, the Latvia-based print-on-demand drop shipping, and fulfillment company, announced a $130 million non-control investment from Bregal Sagemount, a leading growth equity firm. The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above $1 billion, the company said. The new partnership will support the launch of additional products... Read More
Shutterfly investors fail to convince court of class suit merits News 

Shutterfly investors fail to convince court of class suit merits

GaryPageau
Shutterfly Inc. investors lost their bid to revive a would-be class suit over the 2019 merger with Apollo Global Management LLC because the investors failed to show the company misled them, the Third Circuit said, according to Bloomberg Law. Investors, led by a former shareholder Robert Garfield, accused the retailer of misleading them in a proxy statement intended to secure approval for... Read More
Fujifilm opens online printing site in the United Kingdom News 

Fujifilm opens online printing site in the United Kingdom

GaryPageau ,
DigitalCameraWorld reports Fujifilm UK has launched a new dedicated online retail platform called “MyFUJFILM” for printed products and gifts. The new U.K. service joins a wider rollout of myFUJIFILM platforms across other European territories, including France, Germany, Spain, and Sweden. In addition to photo prints, customers can choose to make canvas, acrylic prints, photo books, calendars, kitchenware, and soft furnishings. “This... Read More
TIPA recognizes CEWE retail system, WhiteWall among awards News 

TIPA recognizes CEWE retail system, WhiteWall among awards

GaryPageau ,
The Technical Image Press Awards (TIPA) were recently announced, showcasing winners in 40 categories, including cameras and lenses, papers and printers, imaging software, still and video accessories, lighting, monitors, and more. The camera gear awards are widely covered, so we thought we’d look at a few of the output-related recognitions. CEWE won two awards: For the Wall Calendar A2 Gold... Read More
Snap announces tools, monetization opportunities for creators New Products News 

Snap announces tools, monetization opportunities for creators

GaryPageau ,
Snap Inc. announced new tools, workflows, and monetization opportunities to support creators’ growth on Snapchat. Story Studio is Snap’s new standalone app offering editing tools to make professional content for mobile, on mobile for Snapchat and other platforms, the company said. Story Studio for iOS will launch later this year with these features: Insights into trending #Topics, Sounds, and Lenses... Read More
Shutterfly, Lifetouch class action suit dismissed News 

Shutterfly, Lifetouch class action suit dismissed

GaryPageau ,
A U.S. District Court judge dismissed a proposed Shutterfly LLC and Shutterfly Lifetouch LLC class-action suit over allegedly unsolicited school photographs sent as part of Lifetouch’s “Family Approval Program.” The complaint, The ruling on the suit, filed in the Northern District of California, No. 5:20-cv-06040, said the plaintiffs failed to distinguish the conduct of the respective entities in their complaint.... Read More
Shutterfly changes ad agencies News Opinion 

Shutterfly changes ad agencies

GaryPageau
Shutterfly has selected Mischief @ No Fixed Address as agency-of-record for its namesake brand following a five-month review, according to Advertising Age. There aren’t any current plans to hire an agency of record for the remainder of its brands, such as Snapfish and Lifetouch, a spokesman for Shutterfly confirmed to Advertising Age reporter Brian Bonilla. Mischief, started by Greg Hahn, the... Read More
Rise Above Research study finds adding value to prints can boost photo printing Market research News 

Rise Above Research study finds adding value to prints can boost photo printing

GaryPageau
According to a new study from Rise Above Research, nearly half of all respondents are interested in printing more information on the back of their photos. This shows the U.S. photo print market still has opportunities for growth and sustainability through new features that add value to printed photos. The interest level in the ability to print more information on... Read More
NRF: April retail sales hold mostly steady from March News 

NRF: April retail sales hold mostly steady from March

GaryPageau ,
Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked a full year since the coronavirus pandemic shut down most stores during the spring of 2020, according to the National Retail Federation (NRF). “In March, we saw a surge in spending as stimulus checks came... Read More
Eastman Kodak reports $6 million first-quarter net income Earnings reports News 

Eastman Kodak reports $6 million first-quarter net income

GaryPageau
Eastman Kodak Co. reported first-quarter financial results, including consolidated revenues of $265 million, net income of $6 million, and a $401 million cash balance. “The steps we have taken in the last two years — strengthening our balance sheet, establishing a customer-first approach and continuing to invest in innovation — have created the foundation for growth,” said Jim Continenza, Kodak’s... Read More
autoRetouch expands products categories, adds Shopify plugin News 

autoRetouch expands products categories, adds Shopify plugin

GaryPageau
AI-powered image-editing platform, autoRetouch, announces its commercial editing technology has now expanded to include all retail products including consumer electronics, furniture, shoes, and other consumer goods. The platform is also now available as a plug-in via Shopify’s App Store for all merchants using the platform to host their eCommerce stores. Users can create an autoRetouch account for free and try... Read More
Mimeo Photos launches Android app News 

Mimeo Photos launches Android app

GaryPageau , ,
Premium photo product provider Mimeo Photos launched its app for Android. Mimeo Photos’ Android users can create photobooks, cards, calendars, prints, home decor, wall art, and more right from their phone. Previously, Mimeo Photos was an Apple-only brand. “We continually expand our offering both through new products and new channels to provide customers the flexibility to order what they want, how... Read More
Foreground launches as a new company combining ShootProof, Collage Acquisitions News 

Foreground launches as a new company combining ShootProof, Collage

GaryPageau , , , , ,
Foreground is a new company formed by the combination of Shootproof, the pro photography productivity solution, and Collage, the photo-printing and gifting site. According to the press release, the Foreground “enters into the nearly $4 billion consumer and professional photography industry, as an exciting new player that brings together industry veterans and technology leaders in the ‘age of the creator.'”... Read More
Photo Finale updates platform to 15.5 News Updates 

Photo Finale updates platform to 15.5

GaryPageau ,
Photo Finale announced the release of version 15.5 including updates of PF Web/Kiosk, Lab 50 Services, UploadToKiosk, myLab, PaymentServices, and API3. Highlights include:  Improvements to the EasyLink Mobile Upload provide a smoother process for customers who needed more time to choose their photos. The streamlined makes the payment and checkout process to make checkout faster. Stripe payment gateway was upgraded... Read More