CPG

Liberation Labs Taps Biotech Biomanufacturing Veteran Rhys Dale to Assist with Development & Operations of Flagship Facility

Retrieved on: 
Wednesday, March 13, 2024

RICHMOND, Ind., March 13, 2024 (GLOBE NEWSWIRE) -- Liberation Labs has appointed Rhys Dale as Site Director for its flagship biomanufacturing facility currently being constructed in Richmond.

Key Points: 
  • RICHMOND, Ind., March 13, 2024 (GLOBE NEWSWIRE) -- Liberation Labs has appointed Rhys Dale as Site Director for its flagship biomanufacturing facility currently being constructed in Richmond.
  • Dale has deep expertise in process conceptualization/design, technology development/scale-up, techno-economic process modeling, permitting, project development, and manufacturing.
  • Liberation Labs is currently constructing a commercial-scale, purpose-built, precision fermentation biomanufacturing facility with a capacity of 600,000 liters and a fully dedicated downstream process (DSP).
  • “Rhys is a proven leader in scaling biotechnology through biomanufacturing development and operations, and it’s great to have him on board at this time in the project’s lifecycle,” said Mark Warner, co-founder and CEO of Liberation Labs.

Whole Earth Brands Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 12, 2024

Adjusted gross profit was $44.9 million, compared to $40.1 million in the prior year fourth quarter.

Key Points: 
  • Adjusted gross profit was $44.9 million, compared to $40.1 million in the prior year fourth quarter.
  • Reported gross profit margin increased to 26.7% in the fourth quarter of 2023, compared to 20.4% in the prior year period.
  • Adjusted gross profit margin increased to 29.7%, compared to 28.9% in the prior year fourth quarter.
  • Corporate expenses for the fourth quarter of 2023 were $6.4 million, compared to $6.9 million of expenses in the prior year period.

Verato names Andy Dé as Chief Marketing Officer

Retrieved on: 
Thursday, April 4, 2024

Verato , the identity experts for healthcare, today announced the appointment of Andy Dé to the role of Chief Marketing Officer (CMO).

Key Points: 
  • Verato , the identity experts for healthcare, today announced the appointment of Andy Dé to the role of Chief Marketing Officer (CMO).
  • Dé will oversee the company’s go-to-market (GTM) strategy, planning and execution in his role leading the global marketing organization reporting to Clay Ritchey, Chief Executive Officer (CEO).
  • “I am humbled and honored to join Verato and bring my passion for building, transforming and growing world-class, high-performing global marketing teams to drive the continued rapid growth of adoption of Verato’s industry leading hMDM solutions,” said Andy Dé, CMO at Verato.
  • “I am thrilled to welcome Andy to the Verato team,” said Clay Ritchey, CEO of Verato.

Datasembly Insight Solutions Unlock Unprecedented Levels of Retailer Management & Competitive Intelligence

Retrieved on: 
Thursday, April 4, 2024

Datasembly , the leading provider of real-time product pricing, promotions, and assortment data for retailers and CPG brands, today announced its new Insight Solutions.

Key Points: 
  • Datasembly , the leading provider of real-time product pricing, promotions, and assortment data for retailers and CPG brands, today announced its new Insight Solutions.
  • Datasembly’s suite of Insight Solutions is uniquely built with some of today's most innovative CPGs to deliver actionable intelligence directly tied to known business problems.
  • Available now with the initial launch of Datasembly’s Insight Solutions, the offering includes Promotion Compliance and Competitive Price Change.
  • Easy to deploy no matter your IT level or experience, the Insight Solutions dashboard is optimized for non-technical business users (i.e., Account Managers for retail management).

RPM Reports Record Fiscal 2024 Third-Quarter Results

Retrieved on: 
Thursday, April 4, 2024

During the first nine months of fiscal 2024:

Key Points: 
  • During the first nine months of fiscal 2024:
    Cash provided by operating activities was $941.1 million compared to $263.0 million in the prior-year period.
  • CPG sales to increase in the low- to mid-single-digit percentage range compared to prior-year record results.
  • The company expects the following in the full-year fiscal 2024:
    Consolidated sales to increase near the midpoint of the previous outlook, which was an increase in the low-single-digit percentage range compared to prior-year record results.
  • For those unable to listen to the live call, a replay will be available from April 4, 2024, until April 11, 2024.

BARK Strengthens Leadership Team With Appointment of Two Pet Industry Leaders

Retrieved on: 
Wednesday, April 3, 2024

“We are thrilled to elevate our leadership team with the addition of two proven leaders who bring a wealth of experience across the pet, e-commerce, and retail sectors,” said Matt Meeker.

Key Points: 
  • “We are thrilled to elevate our leadership team with the addition of two proven leaders who bring a wealth of experience across the pet, e-commerce, and retail sectors,” said Matt Meeker.
  • “Michael Black, who served as the Chief Executive Officer of premium pet brand Outward Hound brings an impressive track record of delivering omnichannel growth across the pet sector.
  • He will oversee our growth in the play category and ensure our brand reaches as many dog households as possible.
  • “Over the years, BARK has built one of the most impressive brands in the pet space.

Dirk Herdes, Former Nielsen SVP, Joins Crisp as General Manager and SVP Sales to Lead Northwest Arkansas Operations and Retail Strategy

Retrieved on: 
Wednesday, April 3, 2024

Crisp , the open data retail platform, announced today the appointment of Dirk Herdes as SVP Sales and General Manager of its operations in Bentonville, Arkansas.

Key Points: 
  • Crisp , the open data retail platform, announced today the appointment of Dirk Herdes as SVP Sales and General Manager of its operations in Bentonville, Arkansas.
  • This strategic hire underscores Crisp’s commitment to the rapidly growing Northwest Arkansas region, which is home to Walmart and its thousands of suppliers.
  • Crisp aims to drive additional growth in this area, which is central to the retail and CPG industries.
  • “We already have fully integrated teams in Northwest Arkansas following our acquisition of Atlas,” said Are Traasdahl, CEO and Founder of Crisp.

NIQ Announces the Launch of the Full View™ - Measurement, the Next Evolution in CPG Market Insights

Retrieved on: 
Tuesday, April 2, 2024

With the Full View TM - Measurement, NIQ clients will benefit from a suite of features designed to provide a deep and broad understanding of the market.

Key Points: 
  • With the Full View TM - Measurement, NIQ clients will benefit from a suite of features designed to provide a deep and broad understanding of the market.
  • "With the Full View TM - Measurement, we are redefining how the CPG industry views and utilizes data,” said Kim Cox, Managing Director of NA E-Commerce with NIQ.
  • “Our unparalleled approach to integrating online and offline insights ensures our clients are always one step ahead in a rapidly evolving marketplace.
  • For more information about The Full View TM - Measurement and how it can transform your market analysis capabilities, visit www.NIQ.com .

CI&T Named in Everest Group’s Global Retail IT Services and CPG IT Services PEAK Matrix® Assessments 2024

Retrieved on: 
Wednesday, March 27, 2024

CI&T (NYSE: CINT), a leader in driving AI-powered digital transformation for global brands, announced today it was recognized by leading research firm Everest Group in two new global reports for 2024.

Key Points: 
  • CI&T (NYSE: CINT), a leader in driving AI-powered digital transformation for global brands, announced today it was recognized by leading research firm Everest Group in two new global reports for 2024.
  • CI&T was named a Major Contender in the Consumer Packaged Goods (CPG) IT Services PEAK Matrix® and an Aspirant in the Retail IT Services PEAK Matrix® for 2024.
  • "As we reflect on our successes with our valued CPG and Retail clients, we're energized by the momentum we've built together," said Marcelo Vessoni, SVP, Head of Retail, CI&T.
  • In addition, CI&T was recognized as an Aspirant by Everest Group for the Retail Services IT PEAK Matrix Assessment 2024 which examined 24 providers.

Standard AI Debuts Vision Analytics Platform to Unlock Unprecedented Insights for Retail

Retrieved on: 
Tuesday, March 26, 2024

Enabled by AI and computer vision, Standard AI is introducing Vision Analytics to empower retailers and brands with insights into shopper behavior, product performance, and store operations captured through unparalleled fidelity of people, products, and interactions.

Key Points: 
  • Enabled by AI and computer vision, Standard AI is introducing Vision Analytics to empower retailers and brands with insights into shopper behavior, product performance, and store operations captured through unparalleled fidelity of people, products, and interactions.
  • Founded in 2017, Standard AI has long been at the forefront of applying machine learning and computer vision to the hardest problems in retail.
  • “Delivering these insights while maintaining shopper privacy has been a core tenant of Standard AI from its early beginnings and I am proud to work with Angie in our new roles to advance our Vision Analytics platform.”
    “With Jordan's leadership, Standard AI has been at the forefront of applying AI and computer vision in retail,” said Garry Tan, CEO of Y Combinator and Standard AI board member.
  • To learn more about Standard AI and its Vision Analytics suite, please visit https://standard.ai .