Cimpress

Last updated
Cimpress plc
Formerly
  • Bonne Impression
  • (1995–1999)
  • Vistaprint
  • (1999–2014)
Company type Public
Nasdaq:  CMPR
Russell 2000 Component
Industry Mass customization
Founded1995;29 years ago (1995)
Headquarters Dundalk, Ireland
Key people
BrandsVistaprint, National Pen, Pixart Printing, WmD, ExaPrint
Revenue
  • Increase2.svg US$ 2.14 billion
  • (FY JUN 30 2017)
  • Decrease2.svg US$ -45.70 million
  • (FY JUN 30 2017)
  • Decrease2.svg US$ -72.20 million
  • (FY JUN 30 2017)
Total assets
  • Increase2.svg US$ 1.68 billion
  • (FY JUN 30 2017)
Total equity
  • Decrease2.svg US$ 75.21 million
  • (FY JUN 30 2017)
Number of employees
  • ~10,700 (full-time)
  • ~900 (temporary)
  • (FY JUN 30 2017)
Website cimpress.com
Footnotes /references
[1]

Cimpress plc is an American Irish-domiciled [2] company that invests in and operates a wide variety of businesses that use mass customization to configure and produce small quantities of individually customized goods. Those products are sold to small businesses, graphic designers and consumers [3] through a number of customer-facing brands that Cimpress operates.

Contents

Business operations

Cimpress is a conglomerate that specializes in mass customization, based in Dundalk, Ireland employing more than 10,000 people globally across manufacturing, marketing, technology, software development, sales and support functions. [4] It has offices and manufacturing facilities throughout Europe, North and South America, India, Australia, Philippines, China and Japan. [3] [5]

Cimpress aggregates, via the Internet, large volumes of small, individually customized orders for a broad spectrum of print, signage, apparel and similar products. [3]

History

The company was founded under the name Bonne Impression in 1995 in Paris, France by current President and CEO Robert Keane. [6] It was a direct marketer of desktop publishing software and pre-printed laser-printer-compatible specialty papers for printing brochures, stationery and business cards from the desktops – focused on small business customers. In 1999, the company moved its business to the internet and changed its name to Vistaprint. [6]

This was followed by its initial public offering in 2005 when it began trading on the Nasdaq under VPRT. [7]

In November 2014, the company changed its name from Vistaprint N.V. to Cimpress N.V. to clarify the distinction between the corporate entity and the company's portfolio of customer-facing brands. [3]

Acquisitions

Cimpress has acquired several companies that specialize in online printing and mass customization.

In November 2011, Cimpress acquired Albumprinter which it later divested in 2017, a company based in Amsterdam, the Netherlands that produces photobooks and Webs, a company based in Silver Spring, Maryland, that enables users to create free websites. [8] [9]

At the start of 2014, Cimpress announced it had acquired People & Print Group (renamed Printdeal as of January 1, 2015), an online printing company based in Deventer, Netherlands. [10] In the same year, it acquired Pixartprinting, an online printing company based in Quarto d'Altino, Italy. [11] Later that year in October 2014, Vistaprint acquired acquired a $25 million minority position in Brazilian web-printing startup Printi. [12] In 2020, the company acquired a majority stake.[ citation needed ]

In December 2016, Cimpress acquired National Pen, a marketer and manufacturer of custom writing instruments. [13]

Four years later, in 2018, Cimpress acquired BuildASign, an online printing company based in Austin, Texas for $280 million. BuildASign will keep its company name as well as its website. [14] That same year, the company also purchased a majority stake in VIDA & Co., a San Francisco-based company that provides on-demand apparel, accessories, and home decor products. [15]

In October 2020 the company acquired online marketplace 99designs based in Melbourne. [16]

Manufacturing

Cimpress businesses have manufacturing facilities in North America, South America, Asia, Europe and Australia. [3] In 2016, the company opened its first US manufacturing plant in Reno, Nevada. [17]

Related Research Articles

<span class="mw-page-title-main">CafePress</span> Online retailer of stock and user-customized on-demand products

CafePress, Inc. is an American online retailer of stock and user-customized on-demand products. The company was founded in San Mateo, California, but is now headquartered in Louisville, Kentucky, where its production facility is also located. In 2001, CafePress.com won the People's Voice Webby Award in the Commerce category.

Gildan Activewear Inc. (/ˈɡɪldən/) is a Canadian manufacturer of branded clothing, including undecorated blank activewear such as t-shirts, sport shirts and fleeces, which are subsequently decorated by screen printing companies with designs and logos. The company also supplies branded and private label athletic, casual, and dress socks to retail companies in the United States including Gold Toe Brands, PowerSox, SilverToe, Auro, All Pro, and the Gildan brand. The company also manufactures and distributes Under Armour and New Balance brand socks. The company has approximately 44,000 employees worldwide, and owns and operates manufacturing facilities in Rio Nance, Honduras and the Caribbean.

<span class="mw-page-title-main">NV Energy</span> Public utility in the United States

NV Energy is a public utility which generates, transmits and distributes electric service in northern and southern Nevada, including the Las Vegas Valley, and provides natural gas service in the Reno–Sparks metropolitan area of northern Nevada. Based in Las Vegas, Nevada, it serves about 1.3 million customers and over 40 million tourists annually.

<span class="mw-page-title-main">HP Indigo Division</span> Graphical printing division of HP Inc

HP Indigo Division is a division of HP Inc.'s Graphic Solutions Business. It was founded in 1977 in Israel and acquired by Hewlett-Packard in 2001. HP Indigo develops, manufactures and markets digital printing solutions, including printing presses, proprietary consumables/supplies and workflow solutions. HP Indigo has offices around the world, with headquarters in Ness Ziona, Israel.

Shutterfly, LLC. is an American photography, photography products, and image sharing company, headquartered in Redwood City, California. The company is mainly known for custom photo printing services, including books featuring user-provided images, framed pictures, and other objects with custom image prints, including blankets or mobile phone cases. The company has a variety of subsidiaries including Tiny Prints, This Life, Treat, BorrowLenses, and Lifetouch.

Vistaprint is a global e-commerce company that produces physical and digital marketing products for small businesses. Vistaprint was one of the first businesses to offer its customers the capabilities of desktop publishing through the internet when it was launched in 1999. Vistaprint is wholly owned by Cimpress plc, a publicly traded company based in Ireland.

Checkpoint Systems is an American company that specializes in loss prevention and merchandise visibility for retail companies. It makes products that allow retailers to check inventory, quicken the replenishment cycle, prevent out-of-stocks and reduce theft. Checkpoint offers Electronic Article Surveillance (EAS) radio frequency solutions for retail, high-theft and loss-prevention solutions, RFID hardware, software, and labeling capabilities.

<span class="mw-page-title-main">Wix.com</span> Israeli software company

Wix.com Ltd. is an Israeli software company, publicly listed in the US, that provides cloud-based web development services. It offers tools for creating HTML5 websites and mobile sites using online drag-and-drop editing. Along with its headquarters and other offices in Israel, Wix also has offices in Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore.

Vimeo Livestream is a video live streaming platform based in New York City that allows customers to broadcast live video content using a camera and a computer through the Internet, and viewers to play the content via the web, iOS, Android, Roku, and the Apple TV. Livestream requires a paid subscription for content providers to use; it formerly offered a free ad-supported service but no longer does so as of 2016.

<span class="mw-page-title-main">MakerBot</span> American desktop 3D printer manufacturer company

MakerBot Industries, LLC was an American desktop 3D printer manufacturer company headquartered in New York City. It was founded in January 2009 by Bre Pettis, Adam Mayer, and Zach "Hoeken" Smith to build on the early progress of the RepRap Project. It was acquired by Stratasys in June 2013. As of April 2016, MakerBot had sold over 100,000 desktop 3D printers worldwide. Between 2009 and 2019, the company released 7 generations of 3D printers, ending with the METHOD and METHOD X. It was at one point the leader of the desktop market with an important presence in the media, but its market share declined over the late 2010s. MakerBot also founded and operated Thingiverse, the largest online 3D printing community and file repository. In August 2022, the company completed a merger with its long-time competitor Ultimaker. The combined company is known as UltiMaker, but retains the MakerBot name for its Sketch line of education-focused 3D printers.

<span class="mw-page-title-main">Custom Ink</span> American online retail company

Custom Ink is an American online retail company headquartered in Fairfax, Virginia, that makes custom clothing and other items such as T-shirts, sweatshirts, bags, and tech accessories.

Golfsmith International Holdings Inc. was an American golf specialty retailer based in Austin, Texas. Each store, along with golfsmith.com, housed a wide selection of golf clubs, shoes, apparel, gadgets and gear from all the major brands as well as proprietary offerings. They also offered custom club fitting, lessons and services for golfers.

Trivago N.V., marketed with lowercase styling as trivago, is a German technology company specializing in internet-related services and products in the hotel, lodging and metasearch fields. The company is headquartered in Düsseldorf. The American online travel company Expedia Group owns a majority of the company's stock.

Protolabs is a company that provides rapid manufacturing of low-volume 3D printed, CNC-machined, sheet metal, and injection-molded custom parts for prototyping and short-run production. Markets like medical devices, electronics, appliances, automotive and consumer products use these parts. Protolabs' headquarters and manufacturing facilities are located in Maple Plain, Minnesota. The company also has manufacturing facilities in England, Germany, and Japan.

Teespring is an American company that operates Spring, a social commerce platform that allows people to create and sell custom products. The company was founded in 2011 by Walker Williams and Evan Stites-Clayton in Providence, Rhode Island. By 2014, the company had raised $55 million in venture capital from Khosla Ventures and Andreessen Horowitz. In 2018 Spring launched its merchandise shelf integration in partnership with YouTube, enabling creators to sell their products directly below video content, and expanded this business model with similar integrations for Twitch, Instagram, TikTok, etc. in the years following. Over the past few years, Teespring has had to make significant reforms to its safety operations in response to criticism over apparel that promoted violence and racist messaging. In 2019 Chris Lamontagne became CEO of Spring. In 2021, Teespring was rebranded as Spring.

<span class="mw-page-title-main">Local Motors</span> American motor vehicle manufacturing company

Local Motors was an American motor vehicle manufacturing company focused on low-volume manufacturing of open-source motor vehicle designs using multiple microfactories. It was founded in 2007 by John B. Rogers Jr and had headquarters in Phoenix, Arizona. The company's lineup before its closure included the Rally Fighter and their 3D-printed Strati and Swim vehicles. The company developed vehicles using 3D Printing and utilized vehicle designs provided by the online community. In 2016, the company introduced an autonomous electric-powered shuttle named Olli.

<span class="mw-page-title-main">Astronics</span> American Aerospace Company

Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.

<span class="mw-page-title-main">RushOrderTees</span> American technology and apparel company

RushOrderTees is an American technology and custom apparel company based in Philadelphia, Pennsylvania. Eighty percent of its two hundred and fifty employees are millennials.

<span class="mw-page-title-main">VistaCreate</span> Online graphic design platform

VistaCreate is an online graphic design platform for non-designers, launched in 2016. As of 2022, it has more than 10 million users in 192 countries.

<span class="mw-page-title-main">Pixartprinting</span> Italian online printing company

Pixartprinting is an Italian company operating in the online printing services sector. It is headquartered in Quarto d'Altino, Italy and is part of the Cimpress group.

References

  1. ↑ "US SEC: Form 10-K Cimpress N.V." U.S. Securities and Exchange Commission.
  2. ↑ "Tracking Tax Runaways". Bloomberg.com.
  3. 1 2 3 4 5 "Form 10-K". Cimpress Investor Relations. Retrieved 15 August 2015.
  4. ↑ "Q3 2016 Financial and Operating Metrics". ir.cimpress.com. Cimpress. Retrieved 28 April 2016.
  5. ↑ "Cimpress Total Employees (Annual) (CMPR)". ycharts.com. Retrieved 2018-07-02.
  6. 1 2 "From Startup To 500 Million Dollars: VistaPrint CEO Robert Keane". One Million to One Million. 24 June 2009. Retrieved 15 September 2015.
  7. ↑ "Initial Public Offering Filing". NASDAQ. Cimpress Investor Relations. Retrieved 30 September 2005.
  8. ↑ Brown, Rodney (9 December 2011). "Vistaprint to acquire Webs.com for $118 million". American City Business Journals.
  9. ↑ Symington, Steve. "Cimpress N.V. Finishes an "Important" Year". The Motley Fool. Retrieved 2018-07-02.
  10. ↑ "Vistaprint to Acquire Dutch Firm - Analyst Blog". 19 February 2014. Retrieved 19 February 2014.
  11. ↑ Nias, Simon. "Vistaprint acquires Pixartprinting in €127m deal". Archived from the original on 1 July 2017. Retrieved 3 April 2014.
  12. ↑ Mac, Ryan. "American Investors Find Brazilian Comfort In Exit From Printing Startup Printi". Forbes. Retrieved 2024-06-25.
  13. ↑ "Cimpress to Acquire National Pen". Ink World. Retrieved 2024-06-25.
  14. ↑ Cronin, Mike. "Vistaprint owner acquires BuildASign for $280M". www.bizjournals.com. Retrieved 2019-02-22.
  15. ↑ Central, A. S. I. (2018-08-29). "Cimpress Makes Majority Equity Investment in VIDA & Co". www.asicentral.ca. Retrieved 2024-06-25.
  16. ↑ "Printing giant Vistaprint acquires 99designs". techcrunch.com. 2020-10-05. Retrieved 2020-10-05.
  17. ↑ Sally, Roberts (7 November 2016). "Cimpress, mass-customization printing company, is coming to Reno". Northern Nevada Business Weekly. Archived from the original on 25 September 2020. Retrieved 10 January 2017.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.