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Photomyne Ltd. completes IPO News 

Photomyne Ltd. completes IPO

GaryPageau
AI technology development company Photomyne Ltd., specializing in apps for family nostalgia and memory preservation, announced has completed its Initial Public Offering on the Tel Aviv Stock Exchange, under the symbol PHTM. The company said, within six years of its launch, Photomyne has seen substantial growth in terms of both its user base and app suite: more than 20 million... Read More
Printful to add 50 Kornit Atlas garment printers this year News 

Printful to add 50 Kornit Atlas garment printers this year

GaryPageau ,
Kornit Digital announced Printful will be adding more than 50 Kornit Atlas systems during 2021 for direct-to-garment (DTG) production on demand, representing a considerable expansion of Printful’s current production capabilities. This coincides with the company’s addition of new production facilities in Los Angeles, Dallas, Charlotte, Mexico, Spain, and Canada, as well as the expansion of existing facilities globally. “Consumers today want customization and personalization, social... Read More
Rob Comeau named director of business development at Advertek Inc. News People on the Move 

Rob Comeau named director of business development at Advertek Inc.

GaryPageau
Advertek Inc., a leader in personalized printing, announced photo industry veteran Rob Comeau has joined the company as director of business development.  Comeau will use his decades of photo industry experience to build customer relationships in the fast-growing North American photo personalization market. “Advertek has steadily gained share in the online photo printing and gifting market,” says Joe Montalbano, co-CEO.... Read More
Vaccine, stimulus provides February retail boost, says NRF News 

Vaccine, stimulus provides February retail boost, says NRF

GaryPageau ,
Retail sales gained considerable year-over-year traction in February – despite a monthly slowdown from unusually high numbers in January – as increased COVID-19 vaccination, government stimulus and reduced restrictions on businesses continued to impact the pace of spending, according to the National Retail Federation (NRF). “February’s retail sales numbers are a minor speed bump on the road to post-pandemic recovery... Read More
COVID-19 impacts Photo-Me International passport photo business Earnings reports News 

COVID-19 impacts Photo-Me International passport photo business

GaryPageau
Photo-Me International plc, the instant-service equipment group, announced delayed results for the 18 months and 12 months ended 31 October 2020. The company reported revenue for the 18-month period was £310.2 million. For the 12-month period reported revenue was £186.3 million, 19.7% lower than in the previous 12-month period to 31 October 2019, reflecting the impact of the pandemic on... Read More
Adobe updates Photoshop for M1 Macs, adds Super Resolution to Camera RAW New Products News 

Adobe updates Photoshop for M1 Macs, adds Super Resolution to Camera RAW

GaryPageau , , , , 1 Comment
Apple’s new M1 mobile chip got a big endorsement from the graphics community with the release by Adobe Inc. of Photoshop for M1. The application now runs natively on the M1 chip and provides faster performance, the company said. “Our internal tests show a wide range of features running an average of 1.5X the speed of similarly configured previous generation... Read More
USPS announces next phase of organizational changes News 

USPS announces next phase of organizational changes

GaryPageau
The United States Postal Service (USPS) announced the next phase of its organizational changes, including district consolidations, centralization of marketing functions, and realignment of Logistics and Processing Operations, claiming these changes will drive efficiencies and better decision-making. Postmaster General and CEO Louis DeJoy provided details of the next phase of organizational changes he first announced in August 2020: District Consolidation... Read More
Leica Camera announces Leica Women Foto Project award winners Events News 

Leica Camera announces Leica Women Foto Project award winners

GaryPageau
Leica Camera USA announced the three recipients of its second annual Leica Women Foto Project Award. This prestigious award is a part of the Leica Women Foto Project, an ongoing commitment to diversity in visual storytelling to help empower the female point of view through photography. This year’s winners: Matika Wilbur, Karen Zusman, and Anna Boyiazis were awarded $10,000, a Leica Q2 (valued at $4,995) as well as... Read More
Hasselblad Heroines returns for third year News 

Hasselblad Heroines returns for third year

GaryPageau ,
Hasselblad Inc. announced its third year of Hasselblad Heroines. Through weekly spotlights over eight weeks, each Heroine will share their experiences in their career, challenges in the industry, and inspiration in their art through short video interviews. By putting a spotlight on these talented creatives, Hasselblad Heroines hopes to encourage the next generation of female photographers to go against the... Read More
Kodak announces new capital sources, debt structure News 

Kodak announces new capital sources, debt structure

GaryPageau
Eastman Kodak Co. announced a series of financial transactions providing access to new capital, addressing maturing debt obligations, and strengthening the company’s ability to invest in strategic growth opportunities in print, advanced materials and chemicals, the company said. Kennedy Lewis Investment Management LLC has provided Kodak with an initial $225 million term loan and a commitment to provide delayed-draw term... Read More
WSJ: Shutterfly in talks to go public. Again. News 

WSJ: Shutterfly in talks to go public. Again.

GaryPageau , ,
Less than two years since leading photo personalization company, Shutterfly Inc., went private through its acquisition by Apollo Global Management, the Wall Street Journal reports the company is in talks to go public as part of the latest wave of financial tools called “special-purpose acquisition companies, or SPACs.” According to the article by Cara Lombardo and Miriam Gottfried, Shutterfly is... Read More
Printful, Wix expand partnership to include warehousing News 

Printful, Wix expand partnership to include warehousing

GaryPageau ,
Online printing and fulfillment company Printful announced an expanded partnership with the Wix eCommerce platform, introducing warehousing and fulfillment services to Wix eCommerce merchants. Alongside Printful’s core print-on-demand offering, the new fulfillment services will enable merchants to store, stock, and ship orders, with expedited shipping options including same-day delivery. Wix eCommerce merchants can now store inventory created with Printful or... Read More
Vecnos updates IQUISPIN app to easily browse 360-degree content News 

Vecnos updates IQUISPIN app to easily browse 360-degree content

GaryPageau , ,
Vecnos Inc., the company spun out of Ricoh Company, Ltd., announced a major update to IQUISPIN, a smartphone app for easy creation and sharing of 360-degree content. The update (v3.0.0), introduces SphereFlow, a completely new way to browse 360-degree content, plus other updates that make editing and sharing 360-degree photos to social media even easier. The app is available for... Read More