Purebred Studios http://purebredstudios.com/ Wed, 03 Aug 2022 10:02:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://purebredstudios.com/wp-content/uploads/2021/09/icon.png Purebred Studios http://purebredstudios.com/ 32 32 Inflation weighs on back-to-school purchases for many families https://purebredstudios.com/inflation-weighs-on-back-to-school-purchases-for-many-families/ Wed, 03 Aug 2022 10:02:02 +0000 https://purebredstudios.com/inflation-weighs-on-back-to-school-purchases-for-many-families/

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NEW YORK – To understand the impact of soaring inflation on back-to-school spending this year, look no further than children’s rain boots with patterns like frogs and ladybugs made by Washington Shoe Co.

Spending has held steady for these evergreen items even after the Kent, Wash.-based company was forced to pass on January’s 15% price increases to its retail customers due to the skyrocketing transport costs. But in May, as gas and food prices also rose, shoppers abruptly shifted away from high-end $35 rain boots to no-frills versions that cost $5 to $10 less, he said. its CEO Karl Moehring.

“We’re seeing consumers go down,” Moehring said, noting dramatic sales swings of 20% in opposite directions for both product types. “Wages are not keeping up with inflation.”

In this back-to-school shopping season, parents — especially in the low-to-middle income bracket — are focusing on the basics while turning to cheaper stores amid soaring inflation, which has hit a new 40-year high in June.

Last week, Walmart noted that higher gas and food prices are forcing shoppers to make fewer purchases of discretionary items, particularly clothing. Best Buy, the nation’s largest consumer electronics chain, said inflation has dampened consumer spending on gadgets. Both companies have cut their earnings forecasts as a result.

Such financial hardship amid the industry‘s second busiest shopping season after the winter break marks a big difference from a year ago, when many low-income shoppers, fueled by the measures government stimulus packages and supported by wage increases, spent freely.

Matt Priest, CEO of the Footwear Distributors & Retailers of America trade group, noted that last year, member retailers of the group saw a noticeable increase in online sales mid-month when shoppers received their monthly credit checks. child tax bills that amounted to a few hundred dollars. . This season, without that bump, he expects shoppers to buy fewer shoes for their kids and rely on private labels.

Inflation has taken a toll on household finances for Jessica Reyes, 34, who took her daughters Jalysa, 7, and Jenesis, 5, to a ‘Back to School Bash’ event last month in north Chicago which offered free backpacks full of student supplies.

“I feel like everything’s going uphill these days,” she said at the event. “We’re a single income household right now… so I think it’s affected us a lot in all areas, in bills and home and school necessities.”

While shopping, her daughters have been drawn to school supplies featuring TV characters and animals they love, but she will focus on simple versions.

“They want the cute, you know, the kitties. And these are always more expensive than the simple ones. And the same with folders, notebooks or pencils,” Reyes said.

Earlier, Manny Colon and his daughters Jubilee, 8, and Audrey, 5, stopped by the back-to-school event to pick out backpacks.

Colon, 38, works at his daughters’ primary school. He said his wife had to take on extra work due to high prices for school supplies, groceries and gas.

“I think it definitely affected us,” he said.

Many forecasts point to a strong back-to-school shopping season.

Mastercard SpendingPulse, which tracks spending on all payment methods including cash, projects back-to-school spending will increase 7.5% from July 14 to September 5 compared to the period last year when sales had increased by 11%. For the 2020 back-to-school period, sales fell 0.8% as the pandemic wreaked havoc on school reopening plans and back-to-school shopping.

Still, higher prices support much of the numbers.

A basket of about a dozen sourcing items posted a nearly 15% price increase on average this back to school compared to a year ago, according to retail analytics firm DataWeave. The price of backpacks has increased by nearly 12% to an average of $70, for example.

Back 2 School America, an Illinois-based nonprofit that distributes back-to-school kits to children from low-income families, has seen “significant increases in supply costs,” including a 10% increase of their supplier with another possible brand-up on the way, said the organization’s CEO Matthew Kurtzman. And the shipping costs have also increased.

With increased support this year, Back 2 School America will be able to cover the new costs and is on track to distribute more kits than ever before – 12,000 so far and over 30,000 by the end of the year. late August, Kurtzman said. But funding is not guaranteed going forward as worries about a recession grow.

Retailers are facing big challenges getting shoppers to spend, especially on apparel.

Walmart said last week it was accepting additional apparel discounts to eliminate inventory. Analysts believe these sales will put more pressure on other rivals to cut further in order to stay competitive. However, Walmart said it was encouraged by early signs of school supply sales.

Meanwhile, Gap’s low-cost Old Navy division is securing a price freeze on its denim from July 29 through the end of September.

As for Washington Shoe, Moehring said it is shifting production from higher priced children’s boots to lower priced products in the coming months. The company still sees annual sales ahead of last year, but it’s cautious.

“I think it’s a muddy prospect,” he said.

Claire Savage reported from Chicago and is a member of the Associated Press/Report for America Statehouse News Initiative body. Report for America is a nonprofit national service program that places reporters in local newsrooms to report on underreported issues.

Follow Anne D’Innocenzio: http://twitter.com/ADInnocenzio

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]]> Pelosi meeting with TSMC in Taiwan https://purebredstudios.com/pelosi-meeting-with-tsmc-in-taiwan/ Wed, 03 Aug 2022 00:29:00 +0000 https://purebredstudios.com/pelosi-meeting-with-tsmc-in-taiwan/

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House Speaker Nancy Pelosi (D-California) will meet the chairman of Taiwan’s largest semiconductor maker during her visit to the island, a sign of the importance of computer chips to the economy and the national security of the United States.

Pelosi and Taiwan Semiconductor Manufacturing Company (TSMC) President Mark Liu will discuss the implementation of the recently passed Chips and Science Act, which provides $52 billion in federal subsidies for national chip factories, according to people familiar with the matter, who spoke on condition of anonymity to discuss Pelosi’s sensitive schedule.

The meeting, scheduled for Wednesday Taiwan time, comes as TSMC builds a chip factory in Arizona and plans to expand that project to include additional factories at the same site, one of the people said.

Tiny electronic components are the brains that power all modern electronic devices. They have been in short supply around the world for nearly two years due to rising demand and a scarcity of expensive factories needed to manufacture the components, prompting countries around the world to scramble to build more manufacturing sites. .

TSMC is the world’s largest chipmaker and a key supplier to the United States and other Western countries. It is by far the largest of Taiwan’s chipmakers, which together produce more than 90% of the world’s most advanced chips, according to the Semiconductor Industry Association.

Taiwan official calls for approval of US computer chip subsidies

The United States uses chips made by TSMC in military equipment, including F-35 fighter jets and Javelin missiles, and in supercomputers at US national laboratories, according to one of the people familiar with the meeting. Major consumer electronics companies, including Apple, also rely on a variety of semiconductors made by TSMC.

U.S. officials have been alarmed by this reliance in recent years given China’s belligerent rhetoric toward Taiwan, a self-governing democracy that Beijing claims as its territory despite never having ruled it. These concerns have prompted officials and lawmakers to pressure TSMC to build manufacturing facilities in the United States.

In May 2020, TSMC agreed to build a $12 billion factory in Arizona to produce chips with five-nanometer transistors, a type of high-tech semiconductor used in consumer electronics. For comparison, the average human hair is about 60,000 nanometers thick.

This construction is underway and should be completed by the end of next year, on land north of Phoenix that can accommodate several additional factories. TSMC is now considering expanding plans to build additional factories on the site, one of the people familiar with Pelosi’s planned meeting said.

In an interview in June, a Taiwanese cabinet minister and TSMC board member said the pace of the company’s construction at the Phoenix site would depend on the passage of the federal subsidy law, which Congress approved last week. President Biden is expected to sign it shortly.

One hurdle TSMC faces in Arizona: There aren’t enough trained semiconductor engineers in the region to staff the facility, said minister and board member Ming-Hsin Kung . The company has therefore started sending new employees to Taiwan for training, including qualified professionals in other types of engineering, he said.

Around 250 have already made the trip for training, including hands-on work at TSMC’s chip factories.


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]]> Estée Lauder envies the perfume of Tom Ford. Does he want his fashion? https://purebredstudios.com/estee-lauder-envies-the-perfume-of-tom-ford-does-he-want-his-fashion/ Tue, 02 Aug 2022 21:36:29 +0000 https://purebredstudios.com/estee-lauder-envies-the-perfume-of-tom-ford-does-he-want-his-fashion/

Comment

Beauty is in the eye of the beholder. The adage will truly be the case if Estee Lauder Cos. acquires Tom Ford for $3 billion.

While the cosmetics group may covet full control of Tom Ford’s beauty and fragrance arm, dealing with the company’s apparel and accessories would be far more of a stretch.

The eponymous beauty, eyewear and apparel company, founded by the former creative director of Gucci in 2005, is working with Goldman Sachs Group Inc. to explore a potential sale, Bloomberg News reported last month. On Monday, Dow Jones announced that Estee Lauder was in talks to buy the brand.

Estee Lauder already has a long-standing licensing agreement for Tom Ford’s high-end beauty and fragrance lines. The cosmetics giant recently said that Tom Ford and Jo Malone, which it also owns, were each on course to generate $1 billion a year in revenue. This may explain Estee’s supposed interest – the company is not commenting at this time – as it wouldn’t want to risk losing this lucrative licensing deal to a rival.

But the Tom Ford business isn’t just about good looks. It also has an eyewear business, which is produced and distributed by Marcolin SpA. There’s no reason this arrangement can’t continue under Estee Lauder. The trickiest part would be Tom Ford’s clothes and accessories. Estee is not a natural fashion house owner, so she would probably need to find a luxury partner with expertise in clothing.

It probably won’t be one of the bling behemoths like LVMH Moet Hennessy Louis Vuitton SE or Gucci-owner Kering SA. Why would they agree to produce the clothes and accessories without the beauty?

A smaller luxury group, like Ermenegildo Zegna Holditalia SpA or Diesel, would make more sense. And Zegna already has a business relationship with Tom Ford. Domenico De Sole, former CEO of Gucci and now brand president Tom Ford, also serves on the board of Zegna.

So why doesn’t Zegna buy Tom Ford himself? It would be a useful addition to his portfolio alongside fledgling label Thom Browne, which he acquired four years ago. The sticking point may be the price. Although Zegna has a strong balance sheet after going public in New York through a special purpose acquisition company last year, its enterprise value is around $3 billion, or about the price Estee Lauder plans to pay for Tom Ford.

By posing as a beauty company, Tom Ford is looking to tap into some of the rich multiples paid for cosmetics and skincare brands over the past five years.

Meanwhile, anyone producing Tom Ford’s sleek suits or one-shoulder mini-dresses would have their work cut out for them. They are expected to keep the brand at the top of the luxury hierarchy to entice more consumers to buy its expensive lipsticks and perfumes. And while Tom Ford’s strength is in apparel, it doesn’t have a high-demand line of handbags, the true profit engine of the luxury industry.

It is unclear whether Ford itself would be part of the arrangement. Bloomberg News reported that a deal could include an option to work with the founder after the sale. That could leave a private equity firm, keen to grab the beauty business, as a potential buyer. But with the seizing of the funding markets, the conditions could be more difficult.

Estee Lauder would be as good a Tom Ford owner as anyone else, but there will be some complexities to iron out. The trick will be to show that the beauty of this agreement is more than superficial.

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

More stories like this are available at bloomberg.com/opinion


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]]> Tekmovil behind Bang & Olufsen’s Miami business expansion https://purebredstudios.com/tekmovil-behind-bang-olufsens-miami-business-expansion/ Tue, 02 Aug 2022 13:35:00 +0000 https://purebredstudios.com/tekmovil-behind-bang-olufsens-miami-business-expansion/

Tekmovil is Bang & Olufsen’s premier retail partner in the booming city, naturally aligned by a passion for art and music

MIAMI, August 2, 2022 /PRNewswire/ — Tekmovil, a multinational consumer electronics distribution and services company, is proud to partner with Bang & Olufsen for the opening of a new state-of-the-art showroom in the Miami Design District more late this year.

It will be the first Bang & Olufsen Monobrand Experience Center in Miami to include a retail store and their integrated BeoHome concept under one roof. A space where everyone can experience, touch, hear and feel everything that has made Bang & Olufsen a beloved luxury producer of aesthetically stunning, high-quality audio and video equipment since 1925.

“At Tekmovil, we strive to support our partners at all stages of the value chain and are committed to bringing the best mobile technology to new frontiers. We are delighted to help Bang & Olufsen continue to strategically expand its commercial footprint in United States and especially in such a major shopping district,” Claudia Rodriquez, co-founder and COO of Tekmovil.

“The convergence of art, design, fashion and music in the Miami Design District makes the neighborhood a natural home for Bang & Olufsen,” notes Rick Costanzo, Vice President of Bang & Olufsen, Americas. “We are thrilled to be part of this thriving collaborative community of like-minded brands with such a wonderful partner as Tekmovil.”

In addition to this opening, Tekmovil has partnered with Melo Group to showcase the seamless integration experience of Bang & Olufsen products through a facility in the sales center office of Melo Group’s latest development in South FloridaAria Reserve Miami, the tallest beachfront twin towers in the United States.

Tekmovil is a highly innovative consumer electronics distribution services company committed to helping brands bring the best, life-enhancing products to market in the most effective and efficient way. Tekmovil’s team of highly experienced logistics, marketing, retail and e-commerce professionals work together to take brands to the next level, partner with the right channels and reach their target customers. .

ABOUT BANG & OLUFSEN

Bang & Olufsen is a global luxury lifestyle brand founded in 1925 in Struer, Denmarkby Stone Bang and Svend Olufsen whose dedication and vision remain the foundation of the company. The rich heritage built around the relentless determination to create products that push the boundaries of audio technology continues to place the company at the forefront of audio innovation. Today, every Bang & Olufsen product is still characterized by the unique combination of beautiful sound, timeless design and unparalleled craftsmanship.

The company’s innovative and progressive audio products are sold worldwide through Bang & Olufsen single-brand stores, online and in multi-brand stores. The company employs over 1,000 people and operates in over 70 markets.

Bang & Olufsen shares are listed on NAS DAQ Copenhagen A/S.

ABOUT TEKMOVIL

Tekmovil is a highly innovative mobile technology distribution and services company committed to bringing the best mobile technology to new frontiers. Tekmovil leverages industry-leading expertise to provide manufacturing, network operator and key channel partners a competitive advantage by delivering high-value services. Based at Miami, FloridaTekmovil operates in more than 16 countries in three regions.

Tekmovil’s value proposition is to disrupt the traditional distributor model with technology services that seamlessly maximize brand and customer performance while delivering innovative, customer-focused, technology-supported services that translate through increased sales, customer satisfaction and value for customers and their customers. As a full-service distributor of consumer electronics, we support our partners at all stages of the value chain.

To learn more about Tekmovil, visit https://www.tekmovil.com/

For press inquiries, please contact:
B&O:
Kerry Lynch, Public Relations Manager, Americas
[email protected]

Tekmovil:
Contact: [email protected]

SOURCETekmovil

]]> Smart Gloves Market Size is Expected to be Worth USD 4,983 https://purebredstudios.com/smart-gloves-market-size-is-expected-to-be-worth-usd-4983/ Tue, 02 Aug 2022 00:01:44 +0000 https://purebredstudios.com/smart-gloves-market-size-is-expected-to-be-worth-usd-4983/

BEIJING, Aug. 01, 2022 (GLOBE NEWSWIRE) — The Global smart gloves market The size was valued at USD 2,289 million in 2021 and is expected to be worth USD 4,983 million by 2030, growing at a CAGR of 9.3% from 2022 to 2030.

The Smart Glove is an enhanced advanced wearable device that allows users to interact with digital products in a more seamless and factual way. The major factors driving the growth of global smart gloves include improvements in technology and research as well as the introduction of potential companies in the global smart gloves market. Additionally, the global smart gloves market is driven by the increased use of wearable electronics. The rapid growth of healthcare sectors, along with the increasing flexibility of wearable technology, presents significant prospects for the global smart gloves market.

Smart gloves are wearable electronic devices with built-in systems that are designed to be worn as aids while performing specified tasks. These capabilities include reliable monitoring systems, fitness tracking, communication aids for the visually or hearing impaired, and other industrial uses. Smart gloves often come with built-in motion sensors, such as bend readers and Hall impact sensors, to track hand and finger alignment and improve performance, accuracy, and task efficiency. Moreover, it is an advanced wearable gadget that allows consumers to interact with virtual objects more intuitively and efficiently. Additionally, smart wearables claim to provide delicate inputs that consumers’ hands can feel, namely tactile and kinesthetic stimulation that mimics manipulation and touching of objects. Similarly, new technologies can be used as wearable technology, specialized health monitoring devices, multimedia devices, or to connect to other electronic devices.

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https://www.acumenresearchandconsulting.com/request-sample/3060

Report cover:

Market smart gloves market
Market size 2021 $2,289 million
Market Forecast 2030 $4,983 million
CAGR from 2022 to 2030 9.3%
Analysis period 2018 – 2030
Year of reference 2021
Forecast data 2022 – 2030
Segments Covered By Use, Industry Vertical, and Geography
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Profiled Key Companies Apple Inc., HaptX, Neofect, Workaround GmbH (ProGlove), Shenzhen Seekas Technology Co. Ltd., Dexta Robotics, Blue Infusion Technologies, Vandrico Solutions Inc. (Oxstren), Samsung Electronics Co. Ltd., saebo, inc., and Flint rehabilitation.
Report cover Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulatory Analysis
Scope of customization 10 a.m. free customization and expert advice

Global Smart Gloves Market Dynamics

Rapid improvement in technology and increasing comfort and interoperability of wearable devices are the major factors driving the smart glove market. The widespread use of accelerometer sensors, Bluetooth chips, flexible sensors, and microcontrollers is fueling the expansion of the market. Moreover, the healthcare industry’s authorization of smart gloves to monitor body hydration, convert hand movements into conversations, and monitor heart rate in real time has accelerated the market expansion. The market is expected to gain momentum over the forecast period owing to an increasing preference for proper physical fitness.

Additionally, the rising popularity of smart gloves among the hard of hearing, visually impaired, and hard of hearing globally due to their ability to recognize gestures is supporting the expansion of the market. Motion tracking technologies are used in these smart gloves to turn sign language into voice. The converted data can then be transmitted wirelessly across multiple platforms. Widespread adoption of these technologies in industry verticals such as automation and virtual environments is also driving the market expansion. Smart glove technology enhances control over simulated, autonomous hands through a feedback mechanism that provides physical stimulation to the consumer. This contributes to the growing use of smart gloves in entertainment sectors such as augmented and virtual reality.

However, high prices of smart gloves, technological errors and lack of awareness about the benefits of these technologies are limiting the growth of the industry. Moreover, within the expected time frame, their innovation capabilities are expected to yield profitable growth opportunities.

View the report’s detailed table of contents @

https://www.acumenresearchandconsulting.com/table-of-content/smart-glove-market

Rapid advancements in consumer electronics drive market growth

Improvements in consumer electronics along with a variety of technological improvements in the electronics industry are a major driving factor for the smart gloves market. The introduction of digitization and the most recent advancements in sensor technology designed to improve system performance are further boosting the industry. Additionally, due to adverse technological innovations that use a fusion of sensing and feedback functionality to identify better systems, the market for smart gloves is growing.

Market segmentation

According to Acumen Research and Consulting, the global smart gloves market is segmented by usage and verticals. In terms of usage, the market has been divided into specific health monitoring gadgets, fitness trackers, multimedia and connected devices, etc. In terms of industry vertical, the section is categorized into healthcare, fitness, industrial, and others.

Regional Outlook of the Smart Gloves Market

The smart gloves market is divided into five geographical segments: Europe, Asia-Pacific, North America, Latin America, and Middle East & Africa. During the projected period, Asia-Pacific is expected to grow at the fastest rate in the global smart gloves market. The Asia-Pacific region is expected to grow at a rapid pace over the projection period due to rapidly changing technology and increasing disposable incomes. Rising spending, advances in technological research and development, and growing use of the internet as well as smartphones in Asia-Pacific countries, including China, India, and Japan, are expected to boost the growth of the smart gloves industry on schedule.

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Smart Gloves Market Players

Some of the leading companies in the smart gloves market are Apple Inc., HaptX, Neofect, Workaround GmbH (ProGlove), Shenzhen Seekas Technology Co. Ltd., Blue Infusion Technologies, Flint Rehab, Vandrico Solutions Inc. (Oxstren), Samsung Electronics Co .ltd., saebo, inc. and Dexta Robotics.

Browse more consumer goods industry research topics:

The Global Hard seltzer market size taken into account $8,567 million in 2021 and is expected to reach the market value of $41,669 million by 2030 more and more to one CAGR of 19.7% during the forecast period from 2022 to 2030.

The Global camping equipment market The size was estimated at $15,267 million in 2021 and should be worth $27,318 million by 2030, with a 6.9% CAGR from 2022 to 2030.

The Global Contract cleaning services market size was estimated at $326 billion in 2021 and is expected to reach $563 billion by 2030, with a 6.3% CAGR from 2022 to 2030.

About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of information and consulting services in the information technology, investment, telecommunications, manufacturing and consumer technology markets. ARC helps investment communities, IT professionals, and business executives make fact-based decisions about technology purchases and develop business growth strategies to compete in the marketplace . With a team of over 100 analysts and a collective industry experience of over 200 years, Acumen Research and Consulting ensures to provide a combination of industry knowledge with global and national level expertise.

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Taiwan leverages US-China standoff: Semiconductors https://purebredstudios.com/taiwan-leverages-us-china-standoff-semiconductors/ Mon, 01 Aug 2022 23:07:51 +0000 https://purebredstudios.com/taiwan-leverages-us-china-standoff-semiconductors/

House Speaker Nancy Pelosi reportedly plans to travel to Taiwan on Tuesday, although her office has not confirmed. China isn’t too happy with Pelosi’s planned visit – remember that the Chinese Communist Party has basically viewed Taiwan as a missing piece of the People’s Republic since the island broke away in 1949. Chinese President Xi Jinping threatens retaliation if the speaker makes it to Taipei.

It would be a mistake to think that Taiwan is just a pawn in a growing US-China rivalry. This is because Taiwan has serious leverage. One word: semiconductors.

In the 1960s and 1970s, Taiwan’s economy looked a lot like China’s today. It made consumer goods like shoes and toys for export, said Shelley Rigger, a professor of East Asian politics at Davidson College.

“Then in the 1980s, this traditional manufacturing started to cross the Taiwan Strait” to China, which had cheaper labor.

Taiwan has therefore bet on technology, injecting resources into engineering schools and science parks.

A result ? Taiwan Semiconductor Manufacturing Co., or TSMC for short.

“Today, TSMC is just generations ahead of any other manufacturer in terms of being able to make something you need for higher-end computing,” Rigger said.

TSMC produces more than 90% of the world’s advanced semiconductors.

If you need a tiny computer chip to power your missile defense system, quantum computer, or artificial intelligence research, you’ll get it from Taiwan, even if you’re in China or the United States.

“The metaphor people use is the ‘silicon shield,'” said Mary Lovely of the Peterson Institute for International Economics. “You know, Taiwan has made itself indispensable on both sides.”

But recently, China has been developing smaller, more sophisticated semiconductors, and Congress just approved $52 billion to subsidize domestic chipmaking.

Still, David Sacks of the Council on Foreign Relations said Taiwan had an advantage.

“Much of the knowledge about this incredibly complex and delicate process belongs to the engineers themselves who live in Taiwan,” said Sacks – engineers the government is working to keep on the island.

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Electronics repair company opens new store in Dauphin County https://purebredstudios.com/electronics-repair-company-opens-new-store-in-dauphin-county/ Mon, 01 Aug 2022 18:57:00 +0000 https://purebredstudios.com/electronics-repair-company-opens-new-store-in-dauphin-county/

A new electronics repair shop has opened at Paxton Square Shopping Center in Lower Paxton Township.

Asurion Tech Repair & Solutions opened last month at 6013 Allentown Blvd., suite E122.

The store offers repairs for most consumer electronics, from smartphones, tablets and computers to game consoles, smart speakers and drones, among others.

  • READ MORE: Here’s what happens to the old Old Country Buffet

Company officials said that while the most common repairs include cracked screens, battery issues and water damage, company employees can help resolve most technical issues and many repairs. base can be completed in less than two hours.

Customers can book a repair appointment online or drop by the store for walk-in service. The store offers free, no-obligation diagnostics on all gadgets, as well as a one-year limited warranty on all repairs. It even offers a price match guarantee on the price regularly published by any local competitor for the same repair.

The company has more than 750 locations across the country. Formerly known as uBreakiFix, all US locations will be rebranded as Asurion Tech Repair & Solutions throughout 2022. UBreakiFix was acquired by Asurion in 2019.

Franchise owner James McNeil also owns Asurion stores in Hampden Township and East Lampeter Township, Lancaster County.

The new store in Lower Paxton Township is about 20 minutes from Harrisburg,

business buzz


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Consumer Electronics Extended Warranty Market Value is Expected to Reach USD 112.03 Billion by 2028, Growing at a CAGR of 14.7% – Credence Research https://purebredstudios.com/consumer-electronics-extended-warranty-market-value-is-expected-to-reach-usd-112-03-billion-by-2028-growing-at-a-cagr-of-14-7-credence-research/ Mon, 01 Aug 2022 17:57:52 +0000 https://purebredstudios.com/consumer-electronics-extended-warranty-market-value-is-expected-to-reach-usd-112-03-billion-by-2028-growing-at-a-cagr-of-14-7-credence-research/

Major players in the global consumer electronics warranty extension market by value and volume include Amazon.com Inc., Assurant Inc., AmTrust Financial, AXA, Asurion, Go Warranty & Services LLPOnPoint Guarantee, SquareTrade Inc.Security and OneAssist Consumer Solutions Pvt. ltd.

Global consumer electronics warranty extension market: a study of changing market dynamics, growth, future prospects and analysis, 2016-2028

The latest market report published by Credence Research, Inc. is “Global Consumer Electronics Extended Warranty Market: Growth, Future Outlook, and Competitive Analysis, 2016-2028″. The The global consumer electronics warranty extension market generated revenue of approximately $49.2 billion in 2021 and is expected to grow at a CAGR of over 14.7% over the forecast period from 2022 to 2028 to reach approximately $112.03 billion in 2028. At the same time, the cumulative growth opportunity presented by the global consumer electronics extended warranty market is around $62.83 billion from 2022 to 2028.

The industry is growing due to increased awareness of extended warranties for brown goods including computers, smartphones, home appliances and tablets. Consumers are often concerned about the safety of their electronic products after the seller’s warranty expires, due to the high price of many products. Hence, offering extended warranty helps to retain consumers, and increased awareness of extended warranty drives the market growth. Moreover, rising sales of consumer electronics, home appliances, and wearables in emerging countries are expected to create lucrative opportunities during the forecast period.

Click here for short and long term impact of COVID-19 on this market: https://www.credenceresearch.com/report/extended-warranty-market-for-consumer-electronics

The global consumer electronics extended warranty market is divided into product type, distribution channel, coverage type, and geography. Based on product type, the market is categorized into Laptops & PCs, Mobiles & Tablets, Home Entertainment Devices, Heating & Cooling Equipments, Kitchen Equipments, and Others. On the basis of distribution channel, the global market is segmented into manufacturers, retailers and others. Based on the type of coverage, the market is divided into standard protection plans and accidental protection plans. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin Americaand the Middle East and Africa.

Scope of the global consumer electronics extended warranty market

Report attribute

Details

Market value in 2021

$49.2 billion

Market value in 2028

$112.03 billion

CAGR

14.7%

Year of reference

2021

Past data

2016 – 2021

Forecast period

2022 – 2028

Browse Full Report with Full TOC: https://www.credenceresearch.com/report/extended-warranty-market-for-consumer-electronics

Global Consumer Electronics Extended Warranty Market Segmentation –

Global Consumer Electronics Extended Warranty Market – By Product Types

  • Laptops and PCs
  • Mobiles & Tablets
  • home entertainment devices
  • Heating and cooling equipment
  • kitchen equipment
  • Others

Global consumer electronics extended warranty market – by distribution channel

  • Manufacturers
  • Retailers
  • Others

Global Consumer Electronics Extended Warranty Market – By Coverage Types

  • Standard protection plan
  • Accident Protection Plan

Why buy this report-

  • The report provides qualitative and quantitative analysis of the global consumer electronics extended warranty market by segments, current trends, drivers, restraints, opportunities, challenges and market dynamics with the previous period from 2016 to 2020, base year to 2021, and forecast period 2022-2028.
  • The report contains information relating to the competitive landscape such as how the major market players operate at the global, regional and country levels.
  • In-depth analysis of global market segmentation on the basis of product type, distribution channel and coverage type.
  • The report includes complete and authentic data for all the factors such as supply and demand, CAGR, consumer buying trends and several others.
  • The Global Consumer Electronics Extended Warranty Market report also includes the market analysis at global, regional and country levels along with key market trends, analysis of key players, growth strategies of the market and the main fields of application.

Contents

1. Preface

1.1. Description of the report

1.1.1. Purpose of the report

1.1.2. Target audience

1.1.3. USPs and key offers

1.2. Search scope

1.3. Research Methodology

1.3.1. Phase I – Secondary research

1.3.2. Stage II – Primary research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach adopted

1.3.4.1. Top-down approach

1.3.4.2. An in-depth approach

1.3.5. Hypotheses

1.4. Market segmentation

2. Executive Summary

2.1. Market Snapshot: Global consumer electronics extended warranty market

3. Analysis of market dynamics and factors

3.1. Introduction

3.1.1. Global Consumer Electronics Extended Warranty Market Value, 2016-2028, (USD Billion)

3.2. Market dynamics

3.2.1. Key Growth Trends

3.2.2. Key Industry Challenges

3.2.3. Main pockets of growth

3.3. Attractive investment proposition, 2021

3.3.1. Types of coverage

3.3.2. Distribution channels

3.3.3. Types of products

3.4. Porter’s Five Forces Analysis

3.4.1. The threat of new entrants

3.4.2. Bargaining power of buyers/consumers

3.4.3. Bargaining power of suppliers

3.4.4. Threat of surrogate types

3.4.5. Intensity of competitive rivalry

3.5. Value chain analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of major players, 2021

4.2. The 6 best players

4.3. The 3 best players

4.4. Main strategies adopted by key players

5. COVID 19 Impact Analysis

5.1. Global consumer electronics extended warranty market before and after COVID 19, 2019-2028

5.2. Impact on import and export

5.3. Impact on demand and supply

6. North America

6.1. North America consumer electronics extended warranty market, by country, 2016-2028 (USD Billion)

6.1.1. WE

6.1.2. Canada

6.1.3. Mexico

6.2. North America consumer electronics extended warranty market, by coverage type, 2016-2028 (USD Billion)

6.2.1. Insight

6.2.2. Standard protection plan

6.2.3. Accident Protection Plan

6.2.4. Others

6.3. North America consumer electronics extended warranty market, by distribution channels, 2016-2028 (USD Billion)

6.3.1. Insight

6.3.2. Manufacturers

6.3.3. Retailers

6.3.4. Others

6.4. North America consumer electronics extended warranty market, by product type, 2016-2028 (USD Billion)

6.4.1. Insight

6.4.2. Laptops and PCs

6.4.3. Mobiles & Tablets

6.4.4. home entertainment devices

6.4.5. Heating and cooling equipment

6.4.6. kitchen equipment

6.4.7. Other

seven. Europe

……….

8. Asia Pacific

………..

9. Latin America

……..

ten. Middle East

…………

11. Africa

………

12. World

………..

13. Business Profiles

13.1. Amazon.com Inc.

13.2. Assurant Inc.

13.3. AmTrust Financial

13.4. AXA

13.5. Asurion

13.6. Go Warranty and Services LLP

13.7. OnPoint Guarantee

13.8. SquareTrade Inc.

13.9. Security

13.10. OneAssist Consumer Solutions Pvt. ltd.

13.11. Others

Browse Full Report with TOC, List of Figures and List of Tables: https://www.credenceresearch.com/report/extended-warranty-market-for-consumer-electronics

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Military Electronics Contract Manufacturing Market Forecast by 2031 – Shanghaiist https://purebredstudios.com/military-electronics-contract-manufacturing-market-forecast-by-2031-shanghaiist/ Mon, 01 Aug 2022 09:55:26 +0000 https://purebredstudios.com/military-electronics-contract-manufacturing-market-forecast-by-2031-shanghaiist/

published by Marketreports.info

We have recently released a new report, titled Global Military Electronic Contract manufacturing Market Research Report 2022. The report has been crafted using primary as well as secondary research methodologies, which offer accurate and precise understanding of the Contract Manufacturing market military electronics. Analysts have used a top-down and bottom-up approach to assess the segments and provide a fair assessment of their impact on the global Military Electronics Contract Manufacturing market. The report offers a market overview, which briefly describes the market status and major segments. It also mentions the major players present in the global military electronics contract manufacturing market.

The research report on the global Military Electronics Contract Manufacturing market includes SWOT analysis and Porter’s Five Forces analysis which help deliver the precise trajectory of the market. These market measurement tools help to identify the Military Electronic Contract Manufacturing market drivers, restraints, weaknesses, opportunities and threats. The research report offers figures on the global market as well as figures on the regional markets and their segments.

Get Sample Full PDF Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)

marketreports.info/sample/81936/Military-Electronic-Contract-manufacturing

The Military Electronic Contract Manufacturing research report opens with an executive summary that provides a brief overview of the market. It mentions the leading segments and players expected to shape the market in the coming years. The executive summary provides an unbiased view of the market. In the following chapters, the research report on Global Military Electronic Contract Manufacturing Market focuses on drivers. It explains the shifting demographics that are expected to impact the demand and supply in the military electronics contract manufacturing market. It looks at regulatory reforms that are expected to change the outlook. Moreover, the researchers discussed the very source of the request to analyze its nature.

The report also sheds light on the restraints present in the global military electronics contract manufacturing market. The analysts have discussed the details highlighting the factors which are expected to hinder the growth of the market in the coming years. The changing lifestyles, tax policies and purchasing power of various economies have been examined in detail. The report presents fair points on how these constraints can be turned into opportunities if properly assessed.

Military Electronic Contract Manufacturing Market Competitive Landscape

The last chapter of the research report on the global Military Electronic Contract Manufacturing market focuses on the major players and the competitive landscape present in the market. The report includes a list of strategic initiatives taken by the companies over the past few years as well as those expected to occur in the foreseeable future. The researchers took note of the companies’ financial prospects, their research and development activities, and their plans for expansion in the near future. The research report on the global Military Electronic Contract Manufacturing Market is a sincere attempt to give the readers a comprehensive view of the market for the interested readers.

Key Players of Military Electronics Contract Manufacturing Market

Sechan, Asteelflash, Altron, Distron, Hi-Tech Electronics, Sanmina, VIRTEX, Emerald EMS, TRICOR Systems Inc, HiTEM, Spectrum Advanced Manufacturing Technologies Inc, A and M Electronics Inc, Electri-Cord, SemiPack Services, TJM Electronics, Mercury Electronics , Sparqtron

Military Electronic Contract Manufacturing Market Segmentation

Through the following chapters, the research report reveals the development of the Military Electronic Contract Manufacturing market segments. Analysts have segmented the market based on product, application, end users, and geography. Each segment of the global military electronics contract manufacturing market has been studied with in-depth knowledge. Analysts have assessed the changing nature of market segments, increasing investment in manufacturing activities and product innovation that may affect them. In terms of geography, the report studies the changing political environment, social uplift and other government initiatives that are expected to contribute to regional markets.

Segmentation covered in this report:
By TypePCB Assembly ManufacturersSystem Assembly ManufacturersDesign & Build ManufacturersBy ApplicationElectronic ComponentsConsumer ElectronicsIndustrial ElectronicsComputers & PeripheralsOther

Answers to questions in the report

Who are the top five players in the global military electronics contract manufacturing market?
How will the global military electronics contract manufacturing market develop over the next five years?
Which products and applications will occupy the lion’s share of the global military electronics contract manufacturing market?
What are the drivers and restraints of the Global Military Electronic Contract Manufacturing Market?
Which regional market will show the strongest growth?
What will be the CAGR and size of the global military electronics contract manufacturing market throughout the forecast period?

Inquire for a discount @ marketreports.info/discount/81936/Military-Electronic-Contract-manufacturing

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Itc shares ahead of earnings, Street sees higher earnings but margin may shrink https://purebredstudios.com/itc-shares-ahead-of-earnings-street-sees-higher-earnings-but-margin-may-shrink/ Mon, 01 Aug 2022 04:30:00 +0000 https://purebredstudios.com/itc-shares-ahead-of-earnings-street-sees-higher-earnings-but-margin-may-shrink/
After falling for two straight days, ITC shares rose 1% on Monday ahead of its quarterly results, due later in the day.

At IST, shares of the hotel cigarette conglomerate were trading percent higher at Rs on BSE. The stock is 0.39% off its 52-week high of Rs 305.9 on BSE.

Here’s how the company’s stock fared against the sector gauge:

Read also |

Here’s what to expect from the results:

The Kolkata-based Fast Moving Consumer Goods (FMCG) player’s cigarette volume growth will be closely watched. The CNBC-TV18 poll estimated volume growth at 25-28%.

According to the survey, the FMCG player’s margin could be affected due to rising input costs, which could cause the operating margin to decline by 20 to 30 basis points.

Meanwhile, the hotel industry is expected to experience a strong recovery, and any comments on the hotel split will be closely watched by the street.

“We will move it forward in line with the recovery momentum of the industry. Everything now indicates that the industry is on a positive trajectory. So that’s where it is, that’s very much on the table. “, President Sanjiv Puri had said at the conference. recent annual general meeting and a CNBC-TV18 interview.

ITC’s earnings could nearly triple in two years, said Gautam Duggad, head of institutional equity research at Motilal Oswal Financial Services, on July 14. The national brokerage turned positive on the ITC a month ago. Abnessh Roy of Edelweiss Securities also gave ITC a 30% weighting in the firm’s model portfolio and raised the target to 340-345 rupees.

ITC has 12 companies spanning FMCG, Food, Paperboard & Packaging, ITC Hotels and ITC Infotech.

ITC has more than 25 brands in food, personal care, commodity, education and stationery, agarbattis and matches, including Aashirvaad, Yipee!, Bingo!, Savlon+, Sunfeast, Classmate , Magaldeep, Fiama, B Natural, Nimyle, among others.

First post: STI


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