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Fujifilm announces first quarter financials, imaging segment sales strong Earnings reports News 

Fujifilm announces first quarter financials, imaging segment sales strong

GaryPageau
FUJIFILM Holdings Corp. announced, in the first three months of the fiscal year ending March 2025, revenue increased by 13.4% year-over-year to JPY749.0 billion, mainly due to strong sales in the Electronics, Imaging, and Medical Systems businesses, and the favorable impact of exchange rates. Operating income also benefited from the revenue growth and exchange rate impact, amounting to JPY62.2 billion,... Read More
Canva to acquire generative AI platform Leonardo.AI Acquisitions News 

Canva to acquire generative AI platform Leonardo.AI

GaryPageau
Canva announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The acquisition complements Canva’s offering and enhances the company’s vision to build a world-class suite of visual AI tools, the company said. Terms... Read More
Mintel: German consumer sentiment hits a new low as economic inequality continues to grow Market research News 

Mintel: German consumer sentiment hits a new low as economic inequality continues to grow

GaryPageau
According to a new Mintel study on the lifestyles and attitudes of consumers in Germany, 85% of respondents feel most people in this country are in a bad mood at the moment. 85% of German consumers perceive current mood as ‘poor’ Within the group of German consumers reporting they are financially struggling, only a fraction reported an improvement, while 73%... Read More
Private equity firm purchases Kodak Alaris, parent of Kodak Moments Acquisitions News 

Private equity firm purchases Kodak Alaris, parent of Kodak Moments

GaryPageau , ,
Kodak Alaris announced Kingswood Capital Management, LP acquired the company from the United Kingdom Pension Protection Fund. Kingswood is a Los Angeles-based private-equity firm focused on buyouts of middle-market businesses and has significant experience in driving value for consumer and industrial services businesses. Kodak Alaris was formed following the 2012 bankruptcy of Eastman Kodak Co., with a purchase of Kodak’s... Read More
Harris Computer Corp. buys Dakis Decision Systems Acquisitions News 

Harris Computer Corp. buys Dakis Decision Systems

GaryPageau , ,
Harris Computer Corp., a global leader in software solutions, announced the acquisition of Dakis Decision Systems, Inc. and its e-commerce platform. Terms were not disclosed. dakis offers e-commerce and photo solutions platforms, including point of sale, online and in-store photo kiosks, as well as lab printing convenience. The company provides solutions for camera stores, photo labs, and print shops that... Read More
Snap Inc. grows second-quarter revenue 16%, reduces quarterly loss Earnings reports News 

Snap Inc. grows second-quarter revenue 16%, reduces quarterly loss

GaryPageau
Snap Inc. announced financial results for the quarter ended June 30, 2024. Sales revenue increased 16% to $1.23 billion, with the net loss improving to $249 million, compared to $377 million last year. “Our community grew to reach more than 850 million monthly active users in Q2, with more than 11 million Snapchat+ subscribers,” said Evan Spiegel, CEO. “We continued... Read More
Amaze brings Spring platform to India with new fulfillment centers News Partnerships 

Amaze brings Spring platform to India with new fulfillment centers

GaryPageau
  Amaze, the all-in-one, end-to-end creator commerce solution, announced the expansion of its Spring by Amaze platform with new fulfillment centers in India. By establishing localized fulfillment centers, creators in India can now offer their communities quicker, more cost-effective shipping options, eliminating the high international shipping fees that previously hindered purchases, the company said. This move not only enhances the... Read More
CNN: Instagram permanantly some users Stories News 

CNN: Instagram permanantly some users Stories

GaryPageau
CNN reports some Instagram posters were notified yesterday that some photos were permanently deleted from the app’s Stories archives, with no recovery possible. Instagram doesn’t automatically save Stories to the Camera Roll (unless a setting is selected); instead, they are auto-uploaded to Story archives. Unlike traditional Instagram posts, Stories are casual posts with a 24-hour lifespan that can be personalized... Read More
IPI announces $1,650 Print Refinery incentive package News Promotions 

IPI announces $1,650 Print Refinery incentive package

GaryPageau ,
IPI Member Network is offering, for a limited time, a $1,650 Incentive Package for retailers who adopt The Print Refinery licensed business model; the offer ends Aug. 31, 2024. Originally developed to help photo/print retailers reinvent their businesses, The Print Refinery concept has become a proven solution for elevating the customer experience, increasing sales, and even helping prepare a business... Read More
allcop expands Paradies-Fotobuch Nature with Blue Angel photobooks to dm News Partnerships 

allcop expands Paradies-Fotobuch Nature with Blue Angel photobooks to dm

GaryPageau
allcop Farbbild-Service GmbH & Co. KG is expanding the availability of its environmentally friendly photobook, under the Blue Angel environmental label.  Customers of dm-drogerie markt can now order the first photobook awarded the Blue Angel environmental label for resource-saving and environmentally friendly printed products (DE-UZ 195). Under the dm brand, “Paradies-Fotobuch” dm customers can now preserve their memories in available... Read More
SPOA wraps successful 2024 conference with awards and recognition Events News 

SPOA wraps successful 2024 conference with awards and recognition

GaryPageau
The School Photographers of America (SPOA), the industry association for the school and sports volume photography market, held its third annual conference July 8-12, 2024, at the M Resort in Las Vegas, NV. The association, going through a leadership transition under the direction of interim executive director Doyce Crandall with the support of the board, put together an impressive educational... Read More
Claranova reorganizes management team News People on the Move 

Claranova reorganizes management team

GaryPageau
PlanetArt parent Claranova, fresh off the announcement of a new CEO, reported a reorganization of its management team, all of whom will be part of the Group’s executive committee and will report to the CEO Eric Gareau: Xavier Rojo is appointed Administrative and Financial Director, after having been Deputy Managing Director, thus strengthening the company’s financial function. Isabelle Frenette is... Read More