Retail

Implants, AI and the No-cash Generation – Will Payments in 2030 Be a Dystopia or a Utopia?

Thursday, October 21, 2021 - 9:00am

By embedding ethical behaviour into transactions, the payments space can take on a unique role in incentivising both consumers and companies to be more conscious.

Key Points: 
  • By embedding ethical behaviour into transactions, the payments space can take on a unique role in incentivising both consumers and companies to be more conscious.
  • Ambient commerce reigns: Payments may become increasingly invisible as we move to more ambient models of commerce such as the recent emergence of till-less grocery stores.
  • By 2030, this will evolve even further so there will be no cards or payments devices.
  • The no-cash generation: As cash disappears, there could be a generation that has never held physical money.

JCB identifies Russia as a key growth market for European merchants as cardmembers continually increase online spend

Thursday, October 21, 2021 - 8:00am

- The retail industry dominates JCB cardmember spend in Russia with a 48% share of total spend.

Key Points: 
  • - The retail industry dominates JCB cardmember spend in Russia with a 48% share of total spend.
  • - From September 2019, JCB has experienced Russian JCB cardmember online spend increasing month-on-month.
  • Top months for spend over the 2-year period from 2018 to 2020 are October, November, and January.
  • As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

Mycronic AB: Interim Report January-September 2021

Thursday, October 21, 2021 - 7:37am

Both transactions are expected to be completed during the fourth quarter of 2021 or the first quarter of 2022," says Anders Lindqvist, President and CEO.

Key Points: 
  • Both transactions are expected to be completed during the fourth quarter of 2021 or the first quarter of 2022," says Anders Lindqvist, President and CEO.
  • These transactions are expected to be completed during the fourth quarter of 2021 or the first quarter of 2022.
  • The divestment of Automation Engineering, Inc will enable Global Technologies to focus on and invest in markets that are strategically more relevant for Mycronic.
  • Mycronic will hold a teleconference at 10:00 a.m. CEST on October 21 with President and CEO Anders Lindqvist and CFO Torbjrn Wingrdh.

Mycronic AB: Interim Report January-September 2021

Thursday, October 21, 2021 - 7:30am

Both transactions are expected to be completed during the fourth quarter of 2021 or the first quarter of 2022," says Anders Lindqvist, President and CEO.

Key Points: 
  • Both transactions are expected to be completed during the fourth quarter of 2021 or the first quarter of 2022," says Anders Lindqvist, President and CEO.
  • These transactions are expected to be completed during the fourth quarter of 2021 or the first quarter of 2022.
  • The divestment of Automation Engineering, Inc will enable Global Technologies to focus on and invest in markets that are strategically more relevant for Mycronic.
  • Mycronic will hold a teleconference at 10:00 a.m. CEST on October 21 with President and CEO Anders Lindqvist and CFO Torbjrn Wingrdh.

Pernod Ricard: Very Dynamic Q1 at +20%, on Low Comparison Basis, With Strong Demand in Most Markets Q1 Reported Growth +22%

Thursday, October 21, 2021 - 6:30am

Reported Sales growth was +22%, with an overall favourable FX impact, mainly from Chinese yuan.

Key Points: 
  • Reported Sales growth was +22%, with an overall favourable FX impact, mainly from Chinese yuan.
  • As part of this communication, Alexandre Ricard, Chairman and Chief Executive Officer, stated,
    We have had a very dynamic start to the year, as expected, with strong demand in most markets.
  • We expect good sales growth to continue through FY22, albeit moderating vs. Q1.
  • All growth data specified in this press release refers to organic growth (at constant FX and Group structure), unless otherwise stated.

ABB: Q3 2021 Results

Thursday, October 21, 2021 - 5:53am

This improvement however benefited from the adverse temporary items in last years results, good development in most business areas and unusually low corporate costs in the current quarter.

Key Points: 
  • This improvement however benefited from the adverse temporary items in last years results, good development in most business areas and unusually low corporate costs in the current quarter.
  • In the fourth quarter of 2021, ABB anticipates a continued tight supply chain to impact customer deliveries.
  • ABB anticipates comparable revenue growth of 6%-8% (update from just below 10%) for full-year 2021, hampered by supply constraints towards the end of the year.
  • 1 For a reconciliation of non-GAAP measures, see supplemental reconciliations and definitions in the attached Q3 2021 Financial Information.

The Vita Coco Company Announces Pricing of Initial Public Offering

Thursday, October 21, 2021 - 4:15am

The Vita Coco Company, Inc. (NASDAQ:COCO), a leading platform of high-growth better-for-you brands formerly known as All Market Inc., today announced the pricing of its initial public offering of 11,500,000 shares of common stock, of which 2,500,000 are being offered by The Vita Coco Company and 9,000,000 are being offered by certain selling stockholders at a price to the public of $15.00 per share.

Key Points: 
  • The Vita Coco Company, Inc. (NASDAQ:COCO), a leading platform of high-growth better-for-you brands formerly known as All Market Inc., today announced the pricing of its initial public offering of 11,500,000 shares of common stock, of which 2,500,000 are being offered by The Vita Coco Company and 9,000,000 are being offered by certain selling stockholders at a price to the public of $15.00 per share.
  • The initial public offering is expected to close on October 25, 2021, subject to the satisfaction of customary closing conditions.
  • The Vita Coco Company was co-founded in 2004 by co-CEO Michael Kirban and Ira Liran.
  • Pioneers in the functional beverage category, The Vita Coco Companys brands include the leading coconut water, Vita Coco; clean energy drink Runa; sustainable enhanced water, Ever & Ever; and protein-infused water, PWR LIFT.

Apple Bağdat Caddesi opens Friday, October 22, in Istanbul

Thursday, October 21, 2021 - 5:00am

Located in the heart of Istanbul, Apple Badat Caddesi will serve as Apples third retail location in Turkey.

Key Points: 
  • Located in the heart of Istanbul, Apple Badat Caddesi will serve as Apples third retail location in Turkey.
  • To celebrate the opening, Apple will debut Perspektif Istanbul , a six-week Today at Apple program that pays homage to the city and its creatives.
  • Apple Badat Caddesi brings forward familiar design elements from Apple Store locations around the world and Apple Park in Cupertino, California, while integrating locally sourced Aksaray Yaylak granite and Turkish travertine.
  • Apple, the Apple logo, Today at Apple, iPad Pro, iPhone 13 Pro, and Apple Store are trademarks of Apple.

Mobile Biometrics Market Size, Share, Trends, Industry Analysis, and Opportunities |17000+ Technavio Reports

Thursday, October 21, 2021 - 4:00am

Download a free sample now to uncover highlights of mobile biometrics marketcompanies.

Key Points: 
  • Download a free sample now to uncover highlights of mobile biometrics marketcompanies.
  • Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
  • With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries.
  • This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Online Travel Booking Platform Market Size, Share, Trends, Industry Analysis, and Opportunities |Insights on Key Performing Segments and Market Forecast | 17000+ Technavio Reports

Thursday, October 21, 2021 - 3:45am

Download a free samplenow to uncover more highlights of online travel booking platform marketcompanies.

Key Points: 
  • Download a free samplenow to uncover more highlights of online travel booking platform marketcompanies.
  • Technavio is a leading global technology research and advisory company.
  • Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
  • With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries.