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Month: June 2023

Kering Beauté Acquires Creed, the High-end Luxury Heritage Fragrance House

Communiqué – Acquisition de Creed – 26 06 23 FRPRESS RELEASEJune 26, 2023KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE HOUSE  Iconic heritage fragrance House with strong legacy recognized for crafting unique scents, harnessing exquisite natural ingredients Largest global independent player in the fast-growing high-end luxury fragrance segment A major step for Kering Beauté, creating a sizeable platform for future growth, in a category that Kering sees as strategic Kering Beauté announces that it has signed an agreement to acquire 100% of Creed from funds controlled by BlackRock Long Term Private Capital Europe and current Chairman Javier Ferrán. Established in 1760 by James Henry Creed, the House of Creed is the largest global independent player in the high-end fragrance market. Creed possesses...

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Jacki Kelley Returns to Interpublic as Chief Client Officer and Chief Business Officer

New York, NY, June 26, 2023 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) announced today the appointment of Jacki Kelley as the holding company’s EVP, Chief Client Officer and Chief Business Officer. In this newly-created role, Kelley will leverage her extensive expertise across the agency and media space, as well as her dedication to client success, to drive innovation, collaboration, and value for IPG’s global portfolio of clients. Working closely with the company’s agencies and leadership teams and reporting to IPG’s CEO, she will focus on delivering exceptional client results, fostering strategic partnerships, and enhancing IPG’s position as an industry leader. Kelley re-joins IPG from dentsu, where she most recently served as its Chief Executive Officer, Americas, and Chief Client Officer. Prior to joining...

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Blockchain Meets IoT: Blockchain IoT Market Set to Soar Past USD 10678.4 Million by 2030

The global Blockchain IoT market size is expected to reach USD 10678.4 million by 2030 and exhibit a CAGR of 45% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increased need for data security and privacy, growing demand for transparent and traceable supply chains, rising adoption of IoT devices and applications, and expansion of blockchain infrastructure and service providers are fueling the market’s growth. Westford, USA, June 26, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global blockchain IoT market research, increased adoption of hybrid blockchain solutions, integration of blockchain with edge computing and AI technologies, the emergence of interoperability protocols for blockchain IoT systems, focus on scalability and transaction throughput, growth of...

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TCM Group A/S: TCM Group A/S Launches Offering of up to 1,221,419 New Shares in a Directed Issue

  COMPANY ANNOUNCEMENT                                                                                                                     No. 170/2023 Tvis, 26 June 2023 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA, HONG KONG OR AUSTRALIA, EXCEPT AS PERMITTED BY APPLICABLE LAW, OR IN ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFUL. TCM Group A/S Launches Offering of up to 1,221,419 New Shares in a Directed Issue TCM Group A/S (“TCM” or the “Company”) has resolved to launch an offering (the “Offering”) of new shares (the “New Shares”). The Offering will begin immediately and will be completed through an accelerated bookbuilding process consisting of up to 1,221,419 New Shares of DKK 0.1 each, representing up to 13.4% of the...

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Fidelity D & D Bancorp, Inc. rejoins Russell 3000® Index

DUNMORE, Pa., June 26, 2023 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, is pleased to announce that effective June 26, 2023, the company has been added to the broad-market Russell 3000® Index, as part of the 2023 Russell US Indexes annual reconstitution. “We are honored and delighted to once again be part of the Russell indexes, which are internationally recognized markers of growth. We believe Fidelity Bank’s inclusion in the prestigious Russell 3000® Index demonstrates our commitment and position to delivering long-term growth and maximizing shareholder value,” said Daniel J. Santaniello, President and Chief Executive Officer. Annual Russell 3000® Index reconstitution captures the 3,000 largest US stocks as of April 28, 2023, ranking them by total...

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GDEV announces results for the fourth quarter and full year 2022

Limassol, Cyprus, June 26, 2023 (GLOBE NEWSWIRE) — GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its audited financial and operational results for the fourth quarter and full year ended December 31, 2022. Financial Highlights: Full Year 2022:Record high annual revenues of $480 million, growing 11% year-over-year. Total comprehensive income for 2022 of $11 million vs. total comprehensive loss of $117 million in 2021. Adjusted EBITDA of $98 million for 2022 compared to the $8 million in 2021. Сash flow generated from operating activities of $116 million for 2022 growing 10% year-over-year.Fourth Quarter 2022:Quarterly revenues of $99 million, declining 19% year-over-year. Total comprehensive loss for the fourth quarter of 2022 of $76 million vs. total comprehensive...

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Commercial Drone Market to Surpass 62.54 Billion by 2030 Drives Due to Increase in Adoption of Unmanned Aerial Vehicles

SkyQuest projects that the commercial drone market will attain a USD 62.54 billion value by 2030, with a CAGR of 28.58% over the forecast period (2023-2030). Significant technological advancements in electronics, including processors, microcontrollers, mobile hardware, modern computing, and cameras, have led to a remarkable transformation in the product line of commercial drones. These advancements have resulted in the development of more sophisticated drones with enhanced features and capabilities. Westford USA, June 26, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the commercial applications of small uncrewed aerial vehicles (UAVs) are witnessing a significant increase in adoption, driving the commercial drone market’s growth. These versatile UAVs are being utilized in various industries for various applications. One...

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Solid-State Battery Market to Surpass 551.27 Million by 2030 Drives Due to Expanding Usage of Electronic Gadgets

SkyQuest projects that the solid-state battery market will attain a USD 551.27 million value by 2030, with a CAGR of 32.5% over the forecast period (2023-2030). The solid-state battery market is experiencing significant growth due to several key factors. Firstly, the expanding usage of electronic gadgets across various industries, including consumer electronics, medical devices, and wearables, drives the demand for reliable and efficient energy storage solutions. Westford, USA, June 26, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the solid-state battery market is experiencing significant growth, driven by several key factors. The rising demand for solid-state batteries in electric vehicles (EVs) is an important driver. Solid-state batteries offer higher energy density, faster charging capabilities, and improved safety compared...

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ApartmentLove to Acquire Canadian FinTech Pioneer Processing Over $750 Million in Annual Transaction Volume

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers from around the world is pleased to announce the signing of a non-binding Letter of Intent (the “LOI”) to acquire a pioneer in the Canadian Financial Technology (“FinTec”) sector (the “Proposed Transaction”). A leading architect of the “pay your rent online” movement, the target company counts approximately 50,000 renters as monthly recurring payees, digitally distributing rental payments to property managers and apartment building owners and operators across North America. Further underscoring management’s resolve to consolidate the internet listing industry, successfully...

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Application Container Market to Surpass 36.46 Billion by 2030 Drives Due to Increasing Popularity of Application Container Technology

SkyQuest projects that the application container market will attain a USD 36.46 billion value by 2030, with a CAGR of 33% over the forecast period (2023-2030). Consumer expectations and the growing awareness of the need for a “Digital-first Experience” have pressured organizations to make their core applications more flexible and drive competitive differentiation. Westford, USA, June 26, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the application container market is experiencing significant growth driven by the increasing popularity of application container technology over traditional virtual machines. Organizations recognize containerization’s benefits, including improved resource utilization, scalability, and faster application deployment. Moreover, the widespread adoption of cloud-based computing systems...

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