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The shift away from free in online photo News 

The shift away from free in online photo

GaryPageau , , , 1 Comment
In search of better margins, big brands are moving away from regular discounts There’s no question the online photofinishing market is becoming mature, as print volume shifts to mobile and, particularly, to apps. In recent earnings reports, some big brands indicated a move away from free offers to improve margins. Understandably, they are taking a hit on volume but are... Read More
Cimpress makes majority equity investment in VIDA & Co. Events Press releases 

Cimpress makes majority equity investment in VIDA & Co.

GaryPageau
Cimpress is excited to announce that it has welcomed VIDA & Co. to its portfolio. VIDA offers original, high-quality apparel, accessories and home decor products, designed by artists and designers around the world, produced on-demand at scale. We have made a majority equity investment in the San Francisco-based company for $29 million, but like all of the businesses in the... Read More
Dallas approves $1.7 million in incentives for Vistaprint to bring 600 jobs News 

Dallas approves $1.7 million in incentives for Vistaprint to bring 600 jobs

GaryPageau ,
The Dallas Morning News reports the Dallas City Council has approved a plan, called “Project Apollo,” for Cimpress-unit Vistaprint to open a $50 million printing plant expected to create 600 jobs. According to the article, Vistaprint is expected to invest up to $50 million on the plant near the International Inland Port of Dallas, a logistics hub. The 322,000-square-foot facility is... Read More
Cimpress Reports Fourth Quarter and Fiscal Year 2017 Financial Results Earnings reports Press releases 

Cimpress Reports Fourth Quarter and Fiscal Year 2017 Financial Results

GaryPageau , ,
finanFourth quarter 2017 results: Revenue grew 18 percent year over year to $564.3 million Revenue grew 9 percent year over year excluding the impact of currency exchange rate fluctuations and revenue from businesses acquired during the past twelve months GAAP loss from operations was $9.7 million in the current period versus income from operations of $16.0 million in the year-ago... Read More
Gilde Buy Out Partners Acquire Albumprinter From Cimpress News Press releases 

Gilde Buy Out Partners Acquire Albumprinter From Cimpress

GaryPageau , ,
July 26, 2017 – Utrecht (the Netherlands) – Funds advised by Gilde Buy Out Partners (‘Gilde’) today announced the acquisition of Albumprinter Holding B.V. (‘albelli’ or the ‘company’), from its former shareholder Cimpress N.V. The terms of the agreement have not been disclosed. “Cimpress has benefited from our investment in albelli in multiple ways, including talent acquisition, as well as... Read More
Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire Market research Press releases 

Photo Printing and Merchandise Market Will See a Decelerated Revenue Growth at 2.6% CAGR by the End of 2026 | Jun 20, 2017 – ReleaseWire

GaryPageau , , , , , , , ,
Valley Cottage, NY — (SBWIRE) — 06/20/2017 — According to Future Market Insights, Advent of digital imaging technology can be identified as the point from where roll films were ordained to go out of business.The declining demand for cameras with film rolls is directly associated with growing adoption of digital cameras. Consumers grew more inclined towards digital cameras, thereby making... Read More