Viktor Nogin

Nogin Survey Reveals Key Online Shopping Trends in Advance of the 2023 Holiday Shopping Season

Retrieved on: 
Thursday, October 12, 2023
Online, Social media, Ageing, Commerce, Behavior, The Harris Poll, BNPL, Content as a service, D2C, Woman, Online shopping, Retail, Viktor Nogin

TUSTIN, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN), a pioneer in Commerce-as-a-Service ("CaaS"), today announced the results of its survey examining online shopping trends and preferences.

Key Points: 
  • TUSTIN, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN), a pioneer in Commerce-as-a-Service ("CaaS"), today announced the results of its survey examining online shopping trends and preferences.
  • The survey, conducted online by The Harris Poll on behalf of Nogin, polled over 2,000 U.S. adults aged 18 and older.
  • With the holiday season approaching, adapting strategies to align with diverse consumer needs could be pivotal for direct-to-consumer (D2C) retailers.
  • Free shipping (81%) and discounts (68%) top the list of things online shoppers say would inspire them to purchase online.

Nogin Announces Exit from Product Sales Business

Retrieved on: 
Tuesday, October 10, 2023
Huberman, Software as a service, D2C, Content as a service, Growth, Commerce, Online shopping, Management, Viktor Nogin

TUSTIN, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW), a leading provider of innovative Commerce-as-a-Service (“CaaS”) technology and services, delivering advanced SaaS solutions that drive growth and simplify the D2C ecommerce experience, announced final agreements with various parties that complete the transition of Nogin exiting its product business. After this quarter, there will be no product sales reported from these businesses, which Nogin had previously indicated were targeted for transition. In addition, each of these relationships is now converted into a CaaS structure whereby Nogin contributes its ecommerce expertise while the partners we’ve allied ourselves with contribute their considerable product sourcing, design and inventory management expertise. These transactions will drive favorable impacts to our income statement and balance sheet and enable these customer relationships and businesses to grow substantially in the near term.

Key Points: 
  • After this quarter, there will be no product sales reported from these businesses, which Nogin had previously indicated were targeted for transition.
  • In addition, each of these relationships is now converted into a CaaS structure whereby Nogin contributes its ecommerce expertise while the partners we’ve allied ourselves with contribute their considerable product sourcing, design and inventory management expertise.
  • Jonathan Huberman, Nogin’s President, Chief Executive Officer and Chairman, said: “As we have consistently communicated, our product related business was not generating the financial results consistent with our profitability targets nor our business strategy.
  • “With the business now structured properly, we can accelerate our growth and profitability strategy with a business model that is consistent with our corporate objectives,” concluded Huberman.

Nogin Named a Finalist for The SaaS Awards 2023

Retrieved on: 
Thursday, September 7, 2023
Software as a service, D2C, Best, The, Automation, Risk, Growth, Commerce, Online shopping, Software, Viktor Nogin

TUSTIN, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW) has been named a finalist in the 2023 SaaS Awards program in the Best SaaS Product for E-Commerce / E-Shops category.

Key Points: 
  • TUSTIN, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW) has been named a finalist in the 2023 SaaS Awards program in the Best SaaS Product for E-Commerce / E-Shops category.
  • Now in its 8th year, The SaaS Awards continues to celebrate the ultimate SaaS innovations across the globe.
  • Jonathan Huberman, President, Chief Executive Officer and Chairman at Nogin, said: “We are thrilled to have been recognized as a finalist at The SaaS Awards 2023.
  • We are honored to be named alongside many leading SaaS organizations.”
    SaaS Awards winners will be named in the fall later this year.

Rumpl Partners with Nogin To Supercharge D2C Growth

Retrieved on: 
Tuesday, August 29, 2023
Content as a service, D2C, Adventure, Marketing, Rumple Minze, CFO, Growth, Digital, Digital marketing, Commerce, Sales, Online shopping, Viktor Nogin, E-commerce

Nogin’s enterprise-class technology and deep ecommerce expertise will drive accelerated growth for Rumpl as it continues to redefine the category of blankets and technical comfort products.

Key Points: 
  • Nogin’s enterprise-class technology and deep ecommerce expertise will drive accelerated growth for Rumpl as it continues to redefine the category of blankets and technical comfort products.
  • Founded on a surf and ski trip through California, Rumpl specializes in producing sustainable, high-performance outdoor blankets using innovative materials and designs.
  • Through this agreement with Nogin, Rumpl will leverage Nogin’s end-to-end CaaS growth solution to supercharge its ecommerce efforts, driving D2C growth with AI-powered customer segmentation and algorithmic merchandising.
  • “At Rumpl, our commitment to innovative design and sustainable practices drives us to constantly enhance outdoor comfort,” said AshLee Anderson, Director of Ecommerce and Digital Marketing at Rumpl.

Denovo Brands Selects Nogin’s Commerce-as-a-Service Solution to Accelerate D2C Growth for Kijaro

Retrieved on: 
Tuesday, August 22, 2023
Customer data platform, NFL, D2C, Content as a service, Commerce, Retail, Viktor Nogin

With offices in the United States and China, Denovo Brands partners with its customers to create exceptional branded products globally.

Key Points: 
  • With offices in the United States and China, Denovo Brands partners with its customers to create exceptional branded products globally.
  • As one of the Denovo Brands companies, Kijaro is known for its quality, innovative outdoor gear with premium designs, including branded NFL deluxe pro chairs.
  • Through this agreement with Nogin, Denovo will leverage Nogin’s end-to-end CaaS growth solution to advance Kijaro’s ecommerce efforts.
  • “Denovo Brands is an established, global player in the branded products industry, and we are thrilled to work together with their Kijaro brand to accelerate the company’s D2C business,” said Jon Huberman, President and CEO at Nogin.

Nogin Reports Second Quarter 2023 Financial and Operational Results

Retrieved on: 
Monday, August 14, 2023
Operating cost, Partnership, Food, Content as a service, B2B, Electronics, A.I, Viktor Nogin, EBITDA, RSM, Artificial intelligence, Commerce, Marketing, Pharmaceutical industry, Adjustment

TUSTIN, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nogin, Inc. (Nasdaq: NOGN, NOGNW) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”), today reported its financial and operational results for the second quarter ended June 30, 2023.

Key Points: 
  • TUSTIN, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nogin , Inc. (Nasdaq: NOGN, NOGNW) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”), today reported its financial and operational results for the second quarter ended June 30, 2023.
  • “Our second quarter 2023 results reflect actions taken by our executive management team to build a stronger and more profitable business,” stated Nogin President and CEO Jonathan Huberman.
  • Net revenue decreased 37.4% to $12.7 million in the second quarter of 2023 compared to $20.4 million in the second quarter of 2022.
  • Operating loss increased to $10.4 million in the second quarter of 2023 compared to an operating loss of $5.8 million in the second quarter of 2022.

Nogin to Report Second Quarter 2023 Financial Results on Monday, August 14, 2023 at 5:00 p.m. ET

Retrieved on: 
Tuesday, August 8, 2023
Webcast, Financial result, Content as a service, Commerce, Viktor Nogin

TUSTIN, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (CaaS), will hold a conference call today, on Monday, August 14, 2023 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • TUSTIN, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (CaaS), will hold a conference call today, on Monday, August 14, 2023 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2023.
  • Financial results will be issued in a press release prior to the call after the close of the market.
  • Nogin management will host the presentation, followed by a question-and-answer period.
  • If you have any difficulty with registration or connecting to the conference call.

Nogin to Develop Clean Work Supply, a Vertical Marketplace in the Janitorial Sanitation, Safety and Industrial Products Industry

Retrieved on: 
Wednesday, June 28, 2023
Content as a service, Industrial production in Shōwa Japan, Acquisition, Industrial, Commerce, Retail, Ernest Jansan, Safety, Viktor Nogin

TUSTIN, Calif., June 28, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW), a pioneer in Commerce-as-a-Service ("CaaS"), has revealed plans to create a groundbreaking vertical marketplace catering to the Janitorial Sanitation (JanSan), Safety, and Industrial Products industries.

Key Points: 
  • TUSTIN, Calif., June 28, 2023 (GLOBE NEWSWIRE) -- Nogin (Nasdaq: NOGN, NOGNW), a pioneer in Commerce-as-a-Service ("CaaS"), has revealed plans to create a groundbreaking vertical marketplace catering to the Janitorial Sanitation (JanSan), Safety, and Industrial Products industries.
  • Nogin’s creation of this marketplace will leverage all the differentiating features of the Intelligent Commerce platform.
  • With its market-leading technology, Nogin is no stranger to creating successful vertical marketplaces.
  • "Nogin is uniquely positioned to harness the potential of vertical marketplaces and propel businesses forward in their online journey," said Shahriyar Rahmati, COO at Nogin.

Nogin Appoints Arthur Stark and Shahriyar Rahmati to Board of Directors

Retrieved on: 
Tuesday, June 20, 2023
Hellman & Friedman, Malcolm Hoenlein, Bed Bath & Beyond, The Gores Group, TPG Inc., Jefferies Group, Bed, Rahmati, Viktor Nogin, Conference of Presidents of Major American Jewish Organizations, Stark, Form, Growth, VC, Conference, Commerce, Organization, Management

TUSTIN, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- Nogin, Inc. (Nasdaq: NOGN, NOGNW) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”), today announced that it has appointed Arthur Stark and Shahriyar Rahmati as new members of its Board of Directors (the “Board”), effective immediately.

Key Points: 
  • TUSTIN, Calif., June 20, 2023 (GLOBE NEWSWIRE) -- Nogin, Inc. (Nasdaq: NOGN, NOGNW) (“Nogin” or the “Company”), a leading provider of innovative Commerce-as-a-Service (“CaaS”), today announced that it has appointed Arthur Stark and Shahriyar Rahmati as new members of its Board of Directors (the “Board”), effective immediately.
  • Arthur Stark and Shahriyar Rahmati are accomplished executives with over 60 years of combined experience leading technology- and brand-focused public companies.
  • Stark concluded a 45-year career as President of Bed Bath & Beyond in 2018, upon being unanimously elected as Chairman of the Conference of Presidents of Major American Jewish Organizations.
  • “It is my pleasure to welcome Arthur and Shahriyar to our Board of Directors,” said Company Chairman, President, and Chief Executive Officer Jonathan Huberman.

RSM US LLP and Nogin to Deliver Enhanced Ecommerce Experience to the Middle Market

Retrieved on: 
Monday, May 22, 2023
LLP, Content as a service, Equity, RSM, RSM US, CFO, Growth, Principal, ROI, Commerce, Accounting, Viktor Nogin

RSM focuses on bringing middle market clients the power of being understood by being trusted advisors with unique industry perspectives.

Key Points: 
  • RSM focuses on bringing middle market clients the power of being understood by being trusted advisors with unique industry perspectives.
  • Through this strategic alliance, Nogin will help enable RSM to execute e-commerce initiatives with enhanced agility while simultaneously delivering enterprise grade solutions that scale.
  • “I could not be more excited about working with RSM,” said Shahriyar Rahmati, COO and CFO of Nogin.
  • Nogin fits squarely within our M&A 360™ framework and helps us deliver for our clients in multiple ways.”
    For more information about Nogin, please visit www.nogin.com .