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Monthly Archives: January 2019

//January

Cimpress travails: Keane foregoes salary, takes charge at Vistaprint

Cimpress founder and chief executive Robert Keane has described the firm’s Q2 results as “the worst in a long time”, and the departure of Vistaprint’s CEO will result in Keane personally overseeing the performance of its flagship operation. Vistaprint: customer experience "not good enough" The web-to-print giant missed expected growth targets in [...]

By |2019-01-31T09:17:20+00:00January 31st, 2019|RSS News|0 Comments

CMS races forward with Xerox-led investment drive

Central Mailing Services (CMS) has kicked off the new year with £200,000 of new kit in order to achieve “virtually limitless” mailing capabilities and capacity. CMS continues to fill its new 'super-site' with new kit Purchasing of the equipment began in mid-December last year, with the new line-up headlined by an 800 production [...]

By |2019-01-31T07:47:23+00:00January 31st, 2019|RSS News|0 Comments

EFI reports first billion-dollar year

EFI has broken the $1bn sales mark for the first time with its year-end 2018 results, which were only marred by declines in income and revenue from a “difficult” final quarter. Muir: "My confidence and my excitement about the innovation and the opportunity ahead has only grown" Year-on-year, the manufacturer reported a 5% [...]

By |2019-01-31T07:20:17+00:00January 31st, 2019|RSS News|0 Comments

Royal Mail UKPIL revenue hit by letters decline

A sharp drop in volumes of addressed letters has seen revenue at Royal Mail’s UK parcels, international and letters (UKPIL) business decline in a nine-month trading update. Addressed letters volumes fell by 8% in the nine-month period In its trading update on the nine months to 23 December 2018, Royal Mail recorded a [...]

By |2019-01-30T10:57:03+00:00January 30th, 2019|RSS News|0 Comments

Label Makers adds second Durst RSC after beta success

The Label Makers (Labmak) has installed a second Durst Tau 330 RSC after enjoying a successful beta testing period with its first. Webster (second right): "Durst believe in us and we believe in them" Delivered this month, it replaces a non-RSC, original Tau 330 printer at Labmak’s Bradford plant. Another 330 had been [...]

By |2019-01-30T09:35:18+00:00January 30th, 2019|RSS News|0 Comments

Feldmuehle exits graphic papers and halves workforce

Insolvent independent German paper mill Feldmuehle has discontinued its production of graphic papers, impacting more than half of its staff, as it switches its focus to packaging and labels grades. Feldmuehle said its new business model requires around 180 staff to run Under its former guise, Feldmuehle Uetersen had initiated insolvency proceedings in January. [...]

By |2019-01-30T09:07:33+00:00January 30th, 2019|RSS News|0 Comments

Xerox makes progress with transformation plan

Shares in Xerox jumped by more than 10% after the group posted fourth-quarter profits that beat analysts’ expectations. Xerox will update investors on future strategy next week The business has instigated a company-wde transformation plan, Project Own It, under fresh chief executive John Visentin, which the Xerox said had ramped up in the [...]

By |2019-01-30T08:30:24+00:00January 30th, 2019|RSS News|0 Comments

Walstead trims shifts at Bicester

Walstead has instigated plans to reduce headcount at its Bicester site on the back of reduced volumes. Kingston: "This is purely reflecting the market" The group has begun a 30-day consultation over the proposed loss of 26 positions at the web offset printer.Walstead group chief operating officer Roy Kingston said that a further [...]

By |2019-01-30T08:02:21+00:00January 30th, 2019|RSS News|0 Comments

Feldmuehle to continue with reduced workforce following restructure

Insolvent independent German paper mill Feldmuehle is set to continue with around half of its previous workforce following the implementation of its restructuring plan. Feldmuehle will now produce an annual volume of around 75,000 tonnes Last month the business discontinued its production of graphic papers and said it would switch its focus to [...]

By |2019-01-30T07:28:41+00:00January 30th, 2019|RSS News|0 Comments

Tradeprint to absorb Exaprint UK brand

Exaprint UK is to be absorbed into its partner brand Tradeprint as part of a strategy to refocus and expand the two entities’ services to their customer bases. Douglas: Merging brands to create "best print experience in the UK" After Thursday (31 January), Exaprint.co.uk will no longer exist and its website will redirect [...]

By |2019-01-29T13:41:35+00:00January 29th, 2019|RSS News|0 Comments