Point of sale

St Ives has put out its second positive trading update in as many months, resulting in an upturn in the group’s share price.

St Ives has sold the Cornish factory occupied by Wyndeham Roche to a property company for £4.2m, while the group’s share price has descended to a new all-time low.

Uncertainty over a number of major contracts at St Ives could put a crimp in the group's plans to sell off its print operations.

EFI has reported strong interest in its giant Nozomi C18000 corrugated printing line from display graphics printers – with McGowans in Ireland set to become the first to install one in that market. ...

St Ives has effectively hoisted a ‘for sale’ sign over its £220m-plus turnover print operations, with the group’s management pledging to take “decisive action” to restore its fortunes.

Web-to-print giant Cimpress is set to take “up to” 20 Landa Nanography presses, and Landa has also announced the identity of its first three beta customers.

St Ives aims to diversify the client base at point-of-sale wing SP Group “as a priority” in order to reduce the operation’s dependency on the under-pressure grocery sector.

Magenta Print & Display, the in-house printing operation of retailer Debenhams, has invested £1.1m in two new Durst systems.

Sales at St Ives’ Strategic Marketing operation have topped £100m as the group reported year-end results under its new structure.

Printable cardboard furniture specialist Brand-it has showcased a new “sound and light” concept product at Fespa.

St Ives has described its print operations as “performing well” in its latest trading update.

Marketing services is now a near-£100m business for St Ives, while like-for-like print sales have nudged up after the group’s exit from commodity print markets.