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Industry Notes for the Week of Aug. 8 News 

Industry Notes for the Week of Aug. 8

GaryPageau
Status of $765 million Kodak loan deal put in question With a single after-hours tweet on Friday, the federal agency working with Eastman Kodak Co. on a $765 million pharmaceutical deal appeared to put the whole project on hold, reports the Rochester Democrat and Chronicle.  “On July 28, we signed a Letter of Interest with Eastman Kodak. Recent allegations of... Read More
Kornit Digital reports second-quarter 2020 results News 

Kornit Digital reports second-quarter 2020 results

GaryPageau
Kornit Digital Ltd., a leading provider of digital printing solutions for the global textile industry, today reported second-quarter revenue of $37.4 million, with a loss of $5.3 million. In other news, the company announced the acquisition of Custom Gateway, a provider of cloud software workflow. “We are very pleased to see strong momentum in the business as customers reopened sites... Read More
Canon loses consumer images on image.canon News 

Canon loses consumer images on image.canon

GaryPageau ,
Some users of Canon’s image.canon.com permanently lost an unspecified number of images due to a technical issues (shown above). “Currently, the still image thumbnails of these lost image files can be viewed but not downloaded or transferred. If a user tries to download or transfer a still image thumbnail file, an error may be received.” ZDNET reports the outage may have... Read More
Dead Pixels Society Podcast: Rise Above Research Market research News Podcasts 

Dead Pixels Society Podcast: Rise Above Research

GaryPageau
Gary Pageau of the Dead Pixels Society talks with the co-founders of the new imaging industry marketing research company, Rise Above Research. Ed Lee, founder and director, has more than 20 years of experience covering the consumer and professional digital photography and imaging markets as an industry analyst and market researcher.  David Haueter has 20 years of experience as an industry analyst, with stints at Gartner and Keypoint Intelligence -InfoTrends, primarily... Read More
Moody’s rates Shutterfly B+ News 

Moody’s rates Shutterfly B+

GaryPageau ,
Moody’s Investors Service has completed a periodic review of the ratings of Shutterfly, LLC, and maintained the companies B3 rating. In June, Moody’s downgraded the company’s rating from B2 to B3, from June 20. The service cited the key rating considerations: Shutterfly’s B3 Corporate Family Rating (CFR) reflects the company’s high financial leverage, exposure to cyclical consumer discretionary spending, highly... Read More
RPI acquires Blurb News 

RPI acquires Blurb

GaryPageau ,
Reischling Press, Inc. (RPI), the Seattle, Wash.-based digital printing giant, has acquired Blurb, the e-commerce platform for print-on-demand books, magazines, and other services for self-publishers and creative professionals. “This is a strategic acquisition for us and culminates the long-term partnership between our two companies,” said Rick Bellamy, CEO, RPI. “Blurb’s primary audiences are creative professionals and self-publishers, and this acquisition... Read More
Photo Finale adds Photo Education Series News 

Photo Finale adds Photo Education Series

GaryPageau , , 1 Comment
DIY videos by photo expert Erin Manning drive consumer clicks, boost revenues Photo Finale, the leader in white-label photo e-commerce services, announced the addition of a new photo education series to its popular Prestige line of products and services. Dealers running Photo Finale’s brandable website platform for photo product ordering can have the exclusive video content added to their sites.... Read More
International Photography Hall of Fame announces 2020 inductees and award recipients News 

International Photography Hall of Fame announces 2020 inductees and award recipients

GaryPageau
The International Photography Hall of Fame and Museum (IPHF) announced its 2020 class of Photography Hall of Fame inductees, which will be added to the Hall of Fame and Museum, located in the Grand Center Arts District in St. Louis, Mo. The IPHF annually awards and inducts notable photographers or photography industry visionaries for their artistry, innovation, and significant contributions to the art... Read More
KOSÉ uses Bellus3D face-scanning to deliver personalized beauty products News 

KOSÉ uses Bellus3D face-scanning to deliver personalized beauty products

GaryPageau ,
3-D face-scanning company Bellus3D, Inc.is partnering with KOSÉ Corp. to provide personalized sheet masks tailored to each customer’s face. KOSÉ has developed a custom application being debuted at its Tokyo store leveraging Bellus3D face-scanning technology to provide customers with a personalized beauty experience. “Maison KOSÉ”, a concept store featuring state-of-the-art digital technology, opened in December 2019 and offers a variety of... Read More
Cimpress’ fourth-quarter sales drops to $421 million News 

Cimpress’ fourth-quarter sales drops to $421 million

GaryPageau ,
Vistaprint parent Cimpress plc CMPR reported fourth-quarter fiscal 2020, with total revenues of $429.1 million compared with $675 million in the year-ago quarter. This, however, exceeded the top-line consensus estimate of $421 million. Vistaprint, the company’s largest segment, reported aggregate revenues of $244.5 million, down from $360.4 million in the year-ago quarter. The National Pen segment generated revenues of $33 million, down from... Read More
Henry’s restructuring completed, Stein family retains control News 

Henry’s restructuring completed, Stein family retains control

GaryPageau ,
The 22-store Canadian photo specialty retailer Henry’s will continue to operate after the Canadian court approved the sale of the company’s assets to Henry Enterprises Inc. from the distressed former owner, Cranbrook Glen Enterprises Ltd. The Stein family, who has owned Henry’s for four generations, will continue to maintain ownership as Henry’s Enterprises. All executive management and the CEO, Gillian Stein,... Read More
Xerox reports second-quarter revenue drops 35.3 percent Earnings reports News 

Xerox reports second-quarter revenue drops 35.3 percent

GaryPageau
Xerox Holdings Corp. reported second-quarter revenue of $1.47 billion, a decrease of 35.3 percent year-over-year. The company also reported $34 million of operating cash flow from continuing operations, down $242 million year-over-year, and $15 million of free cash flow, down $245 million year-over-year. “I am proud of our employees who did what was necessary during this unprecedented disruption to support our business... Read More
Industry Notes for the week of July 25 Earnings reports News People on the Move Updates 

Industry Notes for the week of July 25

GaryPageau ,
Pro Photography Bay Photo Lab announces “Epic Prints” Bay Photo Lab has launched “Epic Prints”,  made from Fujiflex silver-halide photographic paper with up to 610dpi resolution. They are mounted to aluminum for a sleek, thin profile from sizes from 4×4″ to 45×93″. 10,000 Headshots featured on “Today Show” The 10,000 Headshots project, featured on the Dead Pixels Society podcast, was featured... Read More