Vistaprint stock market

Vistaprint stock market

Author: msong Date of post: 25.06.2017

Vistaprint is a global, e-commerce brand that produces physical and digital marketing products for small and micro businesses. It was one of the first businesses to offer its customers the capabilities of desktop publishing through the internet when it first launched in Vistaprint is wholly owned by Cimpress N. The company is based in Venlo , Netherlands and employs over 5, employees globally in its offices and printing facilities.

In the company was listed in the annual Graphic Arts Monthly listing, as the 40th largest by revenue and the 4th fastest growing printing company in North America.

Cimpress NV: NASDAQ:CMPR quotes & news - Google Finance

Through the use of its own patented technology, Cimpress aggregates large numbers of customized orders from each of its brands and print them in automated production facilities in North America and Europe. It has been staffed by company employees since it was opened in November Vistaprint founder Robert Keane founded a company in Paris, France in called Bonne Impression, a direct marketer of desktop publishing software and pre-printed laser-printer-compatible specialty papers that helped small businesses produce printing brochures, stationery and business cards.

In , the company adopted an internet-based business model and changed its name to Vistaprint. In September , the company filed its initial public offering and began trading on the Nasdaq.

Vistaprint Shares Plunged: What You Need to Know -- The Motley Fool

As a result of the change, the company's ticker symbol was change from VPRT to CMPR. Orders are processed online and jobs gang printed using a formula based on type of job, paper stock type, print run quantity, finishing if any and ship-by dates, among other factors. Within each category, only specific sizes, paper stocks and ink colors are supported.

This results in higher numbers of similar jobs which can be ganged together. Changeover time is reduced because there's less need to change paper or inks between jobs. Self-service design, proofing and ordering are handled at the front-end through the web, with controlled printing, cutting, packing and dispatching handled at the back-end through printing plants.

Computer-integrated manufacturing techniques help minimize human intervention and labor costs. Jobs are routed for printing without intervention.

The printing is done in a single pass on automated, high-volume, large format professional quality presses. Once printed, the products are cut down to size using a computerized robotic cutter, assembled, packaged and addressed using proprietary software driven processes, and shipped to the customer. In a form of mass customization using as little as 60 seconds of production labor per order versus an hour or more for traditional printers, orders are printed faster and at lower costs than traditional printers.

Vistaprint - Wikipedia

One of the company's early hires was an in-house patent attorney. In , the company filed a patent infringement suit against Print24 GmbH and UnitedPrint. A German court ruled in favor of Vistaprint in July Separately, in May , the company filed a patent infringement suit against two Taylor Corporation subsidiaries Print and DrawingBoard.

In , a strategic partnership was announced with OfficeMax to provide an in-store station in up to OfficeMax stores in the US and Mexico. In , Vistaprint announced a strategic partnership with Intuit , a supplier of accounting software , tying their service into Intuit's QuickBooks software using an Intuit-branded web site.

Business Cards | GotPrint

Robert Keane founded Vistaprint to help small businesses market themselves professionally and affordably. Keane's vision for the company emerged from his experience with the development of a retail kiosk design and printing system and from his in-depth knowledge of the small business desktop publishing software market.

He developed the idea further and wrote the business plan while pursuing his MBA at INSEAD.

vistaprint stock market

In the US, Vistaprint has been accused of enrolling customers into Vertrue 's paid-membership reward plan without the customer's agreement. Credit card details are passed on to Vertrue formerly Memberworks Incorporated by Vistaprint, and charges are then made on those credit cards by Vertrue without the owner's consent.

Numerous complaints have been received by ConsumerAffairs. Vistaprint's partnerships in the United Kingdom have attracted criticism. Additionally, it is up to the customers to detect the fact that they have been enrolled as members and to cancel unwanted membership. In August , four class-action lawsuits were filed against Vistaprint. The four complaints alleged that the defendants were in violation of the Electronic Funds Transfer Act which protects from unauthorized charges and the federal Electronic Communications and Privacy Act which prohibits the unlawful access of financial information for charging relatively small amounts from customers accounts "hoping that consumers just won't notice.

On November 30, , the company announced that it had terminated its contract with an affiliate of Vertrue Inc. In , following complaints from UK customers, the Advertising Standards Authority ASA investigated pricing irregularities on Vistaprint's UK website and leaflet distributions.

vistaprint stock market

From Wikipedia, the free encyclopedia. Retrieved May 8, Archived from the original on December 7, Retrieved 10 January Archived from the original on Paul Tasker Archived May 13, , at the Wayback Machine.

vistaprint stock market

Retrieved March 14, Archived from the original on May 7, German Court finds that print24 and unitedprint. The New York Times. Retrieved May 27, VistaPrint CEO Robert Keane Part 1 ".

One Million By One Million.

Build Your Brand Using Vistaprint Marketing Materials

Federation of Small Businesses. Business data for Cimpress: Hoover's Reuters SEC filings. Retrieved from " https: Companies formerly listed on NASDAQ Companies of Bermuda Printing companies of the Netherlands Self-publishing online stores Companies established in Organisations based in Limburg Netherlands Buildings and structures in Venlo. Webarchive template wayback links All articles with dead external links Articles with dead external links from September Articles needing POV-check from February Navigation menu Personal tools Not logged in Talk Contributions Create account Log in.

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