Industry News


Roland DG releases annual State of Digital Printing Europe report


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oland DG has released its annual State of Digital Printing in Europe report, which has revealed that the sector is bullish on 2022 revenues after a testing 2021. The study reveals that in 2021, against the backdrop of stop-start national lockdowns and a decrease in COVID-related fi nancial assistance, more than half of European print shops were fl at or down on revenue in the 12 months from January 1 to December 31, 2021. Only a third (3%) reported turnover increases in the period.


However, despite the economic and geopolitical turbulence in the region, in a sign of growing confi dence, nearly half of those surveyed were projecting a modest or signifi cant increase in revenue in 2022. Less than a quarter (24%) expect trading to be fl at, and just 14% are expecting a decline.


Stephen Davis, marketing director at Roland DG EMEA, said: “Although the industry is still navigating a tough,


complex trading environment, the steady return of key industries such as travel, tourism and hospitality after COVID is clearly having a positive impact on confi dence levels.”


When asked about their key business objective in the next three years, a third (30%) of those polled are setting their sights on increasing production capability and a quarter (27%) are exploring some sort of expansion opportunity. Another group of print shops are focused on seizing the opportunities created by advances in fabric printing such as DTF and DTG (11%), UV printing (11%) as well as entering new markets with existing devices (10%). The study also quizzed print shops about the long-term impact of COVID-19, revealing sharp differences of opinion across the sector. A third (37%) believe that printing will return to pre-pandemic levels by the end of 2022, a third (30%) think it will be three years and a quarter (24%) are reserving judgement.


New CFO at Coloreel as company enters expansion phase


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aman Khalilian has been appointed the new CFO of Coloreel as the company looks to grow its international distribution arm. Mr Khalilian has extensive experience


in fi nance and business development from tech and growth companies, and most recently came from the role of CFO for the Ambea Group’s healthcare company Klara.


He has a degree in electronics engineering from KTH and a bachelor’s degree in economics. He will have an important role in the management team and will actively support the company by creating favourable conditions for the company’s expansion phase. He said: “Coloreel is an exciting company with fantastic potential to take market share with its pioneering embroidery technology. With a strong patent as a foundation, combined with a great team, I am convinced that we will be able to drive growth with a sound cash fl ow and positive result.”


| 14 | November 2022 Saman Khalilian


Torbjörn Bäck, CEO of Coloreel, added: “The company is now entering an exciting stage as it is on its way to international expansion. Saman’s experience with growth companies and his ability to see the company in a broader context, both in the short and long term, will be valuable in Coloreel’s continued exciting journey.” In addition, Coloreel has also appointed a UK sales director. Stephen Mckenzie is responsible for growing business in the UK.


Mr Davis continued: “Time and again, the printing industry has shown its remarkable ability to innovate and hustle its way out of a crisis. We are confi dent that this fearless approach will keep the sector vibrant for decades to come.” The study measures the business performance and confi dence of 1,300+ print shop owners across the UK, France, Germany, Italy and Spain.


Charles Kirk to launch online ordering system


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chool uniform manufacturer Charles Kirk will launch a new online ordering system. Due to go live soon, the platform will enable customers to easily place orders online via their phone, tablet, home offi ce or workplace. They can also check live stock availability and view order history and invoices. Elsewhere for 2022/23, Charles Kirk has introduced the new Tailored range. Made from high-grade recycled polyester with stain protection technology, the range offers a selection of blazers and trousers available from stock and as bespoke made to order garments.


The company has also increased its offering to include the Charles Kirk Activewear range. Highlights include bespoke hoodies, sports tops, polos and skorts to match schools’ team colours.


www.printwearandpromotion.co.uk


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