In this Q&A with Printing Impressions, Cimpress' Mitchell Leiman, VP of strategy and corporate development, discusses organizational changes that Cimpress made to decentralize the company's operations, how the company has caused “Disruptive Innovation” within the printing industry, its mass-customization platform and why the parent to Vistaprint shouldn't be viewed as a competitor to traditional printers.
For the last 20 years, the printing sector has suffered declining revenues. Many players large and small struggle as customers increasingly demand lower prices, more convenience, better quality and faster delivery. Specialization and coopetition can help these players not only survive the future, but thrive in it too.
I had the opportunity to speak on the phone yesterday with Yishai Amir, CEO of Landa Corp. and vice chairman of the Landa Group. We discussed Landa’s $505 million sales success at drupa, including its announcement of major wins with companies like Cimpress, Quad/Graphics and Imagine! Print Solutions.
Vistaprint Ltd. announced financial results for the fourth quarter and fiscal year ended June 30, 2009, including revenue for the quarter of $135.2 million, a 22 percent increase over revenue of $110.4 million reported in the same quarter a year ago.
BAILOUTS OF financial institutions and pleas for assistance from domestic auto manufacturers have put top executive performance and compensation into the headlines. The excesses that fueled public outrage won’t be found among the earnings of principal officers at the largest publicly held printing companies included in Printing Impressions’ 19th annual executive compensation report.
HAMILTON, BERMUDA—Claiming that three of its patents related to browser-based tools have been infringed, VistaPrint Technologies—a wholly owned subsidiary of VistaPrint—has filed a lawsuit against 123Print Inc. and Drawing Board, subsidiaries of North Mankato, MN-based Taylor Corp. In papers filed with the U.S. District Court in Minnesota, VistaPrint alleges that 123Print and Drawing Board have infringed and continue to infringe three patents, titled “computerized prepress authoring for document creation,” “browser-based computerized prepress,” and “computerized prepress.” VistaPrint is seeking an injunction to stop 123Print and Drawing Board from offering the allegedly infringing services to present and future companies, along with payment for damages. “We must take action against