1 SPOT: Paragon Group buys two businesses 6,093 clicks
Paragon Group has acquired the OfficeTeam and ZenOffice businesses after parent group Spicers Office Team (SPOT) went into administration.
2 Helloprint: 'most suppliers supporting survival plan' 5,499 clicks
Helloprint has asked its print suppliers to accept deferred or reduced payments as the fast-growing print platform battles to stay afloat and secure fresh investment after a massive drop in sales of up to 80%.
3 Spicers Office Team heads towards administration 5,276 clicks
Spicers Office Team (SPOT) appears increasingly likely to pre-pack in some form after the business confirmed it had filed a notice of intention to appoint administrators.
4 Blow for Drupa as two large exhibitors cancel 4,477 clicks
Two large exhibitors have cancelled their plans to exhibit at next year’s Drupa show, as manufacturers reassess sales strategies while the world continues to wrangle with the on-going effects of the Covid-19 pandemic.
5 Account manager jailed for fraud at Glasgow printers 3,189 clicks
A woman has been sentenced to 22 months in prison after being found guilty of embezzling almost a quarter of a million pounds from a Scottish print firm.
6 Printers act as demand for masks takes off 2,575 clicks
Printers are mobilising to supply non-surgical ‘face coverings’ following a spike in demand after the latest government guidance – web-to-print giant Vistaprint has added colourful masks to its range but has also experienced something of a social media backlash about its pricing.
7 Adare SEC boosts management team with sales hire 2,374 clicks
Adare SEC has beefed up its leadership team with a new hire from a rival firm.
8 Admin for two more Kouakou firms 2,210 clicks
The final two businesses in Landry Kouakou’s short-lived print empire are now in administration, with the business and assets of one operation sold to a retail marketing specialist.
9 Go Inspire post strong results, preps for M&A 2,056 clicks
Go Inspire Group has recorded 15% jump in profits in the year to 31 March 2020 and is poised to play a role in the inevitable post-lockdown consolidation of the UK print industry.
10 Cimpress takes action after virus causes sales slump 1,878 clicks
Orders at web-to-print giant Cimpress crashed by 65% at the end of March as the effects of the Covid-19 pandemic hit the group’s small business customers around the world.
