Photo-Me International anticipates higher sales, profits for 2021 Earnings reports 

Photo-Me International anticipates higher sales, profits for 2021

GaryPageau
U.K.-based instant-service company Photo-Me International plc, in a trading update, reports the group anticipates better-than-expected results for the fourth-quarter ending Oct. 31, based on increasing sales momentum in May, June and July that continued through the last quarter. Two segments – photobooths and laundry – stood out. As a result, the company expects revenue will be slightly ahead of previous expectations... Read More
Rise Above Research: U.S. photo merchandise market bolstered by repeat buyers Market research News 

Rise Above Research: U.S. photo merchandise market bolstered by repeat buyers

GaryPageau , ,
  A new study from Rise Above Research finds an average of 70% of buyers of photo merchandise products plan to buy again in the next year. This demonstrates the staying power and resiliency of the photo merchandise market even as it has matured and shows that most consumers still value printed photo products. Examining the five of the main... Read More
Urbanimmersive acquires Virtual Access Tours Acquisitions 

Urbanimmersive acquires Virtual Access Tours

GaryPageau
Quebec-based Urbanimmersive Inc. completed the acquisition of all the limited partnership interests of the New Jersey-based real estate photography agency Virtual Access Tours LP (VAT) for a purchase price of $CAD 961,000 ($449,000 paid in cash and $513,000 paid through the immediate issuance of 585,829 shares of the company at a price of $0.875 per share) plus contingent share payments... Read More
Moonpig reports lower six-month results Earnings reports News 

Moonpig reports lower six-month results

GaryPageau
 U.K. personalized product retailer Moonpig reported lower results for the half-year ending Oct. 31. The company reported revenue and Adjusted EBITDA down 8.5% and 15.1% year-on-year respectively, reflecting lapping of periods of severe Covid-19 related lockdown restrictions, the company said. Group revenue was £155.9 million, compared to £142.6 million for the same period last year. During the period, the company... Read More
R.R. Donnelley accepts revised Atlas proposal Acquisitions 

R.R. Donnelley accepts revised Atlas proposal

GaryPageau
R.R. Donnelley & Sons accepted a revised proposal from Atlas Holdings affiliates to raise the price per share of their pending acquisition of RRD to $10.35/share in cash, worth about $2.2 billion. Just earlier this month, R.R. Donnelley had stated that the bid from Atlas Holdings’ rival Chatham Asset, was a superior choice. R.R. Donnelley agreed to an amendment to its previously... Read More
Lensrentals reveals lists of most-rented camera gear for 2021 News 

Lensrentals reveals lists of most-rented camera gear for 2021

GaryPageau
Lenrentals.com compiles its end-of-the-year data and shares the best-rented products for the year. Last year’s list was a bit of an anomaly, the company said, with many events being postponed given the global pandemic but this year’s activities were closer to normal. Here are the most popular new releases for 2021: Top Rented New Products for 2021 1 Canon EOS... Read More
Shutterfly settles Groupon class action News 

Shutterfly settles Groupon class action

GaryPageau ,
A U.S. District Court in California granted final approval of a settlement in a class action against personalized photo product leader Shutterfly in which the plaintiffs, led by a woman named Megan Taylor, claimed the company’s advertising of promotional deals was misleading and deceptive. Under the agreement, Shutterfly will make certain disclosures about terms and conditions, and class members who... Read More
Alice Camera raises $500,000 pre-seed Investments News 

Alice Camera raises $500,000 pre-seed

GaryPageau
Alice Camera, the computational photography company designing a Micro Four-Thirds format camera, announced it raised a combined $500,000 pre-seed fundraising round, comprised of angel investors alongside early-stage venture capital firm, Ascension, which contributed $400,000, plus $100,000 Amazon Web Server (AWS) cloud computing credits to scale AI and computational photography pipeline for creators The London-based startup is building an imaging device... Read More
Dead Pixels Society podcast: Episode 59: Preserving interactive family stories with Heather Maio-Smith, CEO and co-founder, StoryFile Podcasts 

Dead Pixels Society podcast: Episode 59: Preserving interactive family stories with Heather Maio-Smith, CEO and co-founder, StoryFile

GaryPageau
Gary Pageau of the Dead Pixels Society talks with Heather Maio-Smith, CEO and co-founder, StoryFile, about using AI-driven video conversations to preserve family history. In 2010, Maio-Smith developed the first 3D interactive conversation with Holocaust Survivor Rose Schindler through her creative agency Conscience Display. At the time, she was creating physical video installations at the United Nations, USC, and in Havana, Cuba. As a leader... Read More
NRF economist says holiday shopping could beat forecast News 

NRF economist says holiday shopping could beat forecast

GaryPageau
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said. “Now that we’re in December, the holiday shopping season is nearing the finish line,” Kleinhenz said. “The question is how have factors... Read More
NRF: Nearly 180 million shop over Thanksgiving Holiday weekend Market research News 

NRF: Nearly 180 million shop over Thanksgiving Holiday weekend

GaryPageau
Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. “Retailers have adapted and enticed customers with a number of incentives throughout November. The Thanksgiving holiday weekend remains a significant time for friends and families to check... Read More
Smartphoto group takes over gift-marketer Frucon² Acquisitions News 

Smartphoto group takes over gift-marketer Frucon²

GaryPageau
Smartphoto group NV, the Belguin-based player in personalized e-commerce, came to a final agreement regarding the acquisition of Frucon² NV from entrepreneur Benny Sintobin. Frucon², located in Ardooie, Belgium, is one of the online European market leaders in the sale of personalised gift packages with chocolate, beer, fruit or flowers for companies and consumers, with websites such as Gift.be and... Read More
Mimeo Photos releases biggest macOS update yet  News Updates 

Mimeo Photos releases biggest macOS update yet 

GaryPageau
Mimeo Photos released its biggest macOS update yet with Version 5.0. The new release includes much-requested features like image deletion and keyboard shortcuts, along with project syncing across Mac devices and more. Among the new features: Project Syncing: Mimeo Photos developed project syncing across multiple Mac devices (macOS Big Sur and Monterey, only). For example, if iCloud is enabled and... Read More
Kodak Alaris announces TRI-X 400 single-use camera  News 

Kodak Alaris announces TRI-X 400 single-use camera 

GaryPageau ,
Kodak Alaris expands its portfolio with the launch of the Kodak Professional TRI-X 400 single-use camera. The with-flash camera comes pre-loaded with 27 exposures of Kodak Professional TRI-X 400 film, known for its contrast, tonality, and classic grain structure. The TRI-X 400 film requires a traditional black-and-white film development process. The camera is now available from distributors. “Kodak single-use cameras... Read More
IDC: Global smartphone shipments expected to grow 5.3% in 2021 Market research News 

IDC: Global smartphone shipments expected to grow 5.3% in 2021

GaryPageau
According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones will grow 5.3% year over year in 2021, reaching 1.35 billion shipments. Due to the lower than expected third quarter and the continued component shortages and logistical challenges, which may not improve until mid-2022, however, IDC has lowered its growth forecast for 2021 and 2022 from... Read More