Industry Notes for the week of Jan. 25

January 26, 2021January 28, 2021 GaryPageau Adobe, Artifact Uprising, Nikon

Events

Photopia event gains the support of German photographic industry

The photo and imaging trade show Photopia planned for Sept. 23 to 26, 2021 in Hamburg, Germany, has announced a cooperation with the German Photographic Industry Association (PIV), according to World of Photo. The four-day photo and video festival is set to enable “photo enthusiasts from all over the world to experience the latest products and services of the photo and imaging industry at the Hamburg exhibition center and throughout the city.”

Impressions of a virtual CES

Our friends at Rise Above Research share their insights of the virtual CES 2021. If you didn’t attend, this is a worthwhile review from an imaging perspective.

Photo Personalization

Artifact Uprising named one of Colorado’s best workplaces

Built In Colorado named Denver-based photo personalization company Artifact Uprising to its list of the 50 best small companies to work for. The company has 50 local employees.

People on the Move

FJ Westcott reports top management changes

Toledo, Ohio-based lighting gear provider F.J. Westcott announced the appointment of Brandon Heiss as president effective Jan. 1, 2021. He started in the company in 2012 as Content and Social Media Specialist.

Signature Gifts appoints former Photobox senior as new COO

Personalized gift supplier and manufacturer Signature Gifts has appointed Photobox’s former group chief manufacturing officer, Renaud Besnard, as its new chief operating officer, as the company eyes international growth, according to PrintWeek.

Financial News

CEWE to report earnings increase for 2020 fiscal year

Oldenburg, Germany-based photo product maker CEWE Stiftung & Co. KGaA anticipates a significant earnings increase when 2020 financial results are reported. Uncertified initial figures CEWE concluding the year with a group turnover increase in the range of around 727 million euros (2019 FY: 720.4 million euros)

Photo-Me to delay financial reports

Photo-Me International plc announced, following consultation with its auditor, Mazars LLP, the release of the group’s results for the 18-month period ended Oct. 31, 2020, will be postponed until March 10, 2021. The company said the “postponement is solely due to the challenges in preparing and auditing the accounts posed by the ongoing COVID-19 pandemic, and in particular the recent restrictive lockdown measures imposed by the governments of those several countries in which the Group operate.”

Israeli AI image recognition company Pomvom is targeting an IPO on the Tel Aviv Stock Exchange at a valuation of NIS 150 million (approximately $45 million), according to anonymous sources confiding to Calcalisty. Pomvom bought U.K. based entertainment and theme-park imaging company Picsolve last summer.