MCM

Global Luxury Fashion Market Outlook 2023-2028 with LVMH, Kering, Burberry, Armani Group, and Prada Group Dominating - ResearchAndMarkets.com

Retrieved on: 
Friday, December 8, 2023

APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.

Key Points: 
  • APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.
  • Moreover, the continuous rising disposable income of the middle-class population supports the region's luxury fashion market.
  • Further, luxury fashion retailers are also taking initiatives to make sustainability more visible in the luxury fashion market.
  • The global luxury fashion market by generation can be segmented as Gen X, millennials & Gen Z, and baby boomers & silent gen.

MCM Energy Partners, LLC appoints Matthew Chitwood to President, Effective November 29, 2023

Retrieved on: 
Wednesday, November 29, 2023

MCM Energy Partners, LLC is pleased to announce the appointment of Matthew Chitwood to President.

Key Points: 
  • MCM Energy Partners, LLC is pleased to announce the appointment of Matthew Chitwood to President.
  • Mr. Chitwood has been with MCM since 2015 serving as Vice President of Land.
  • Matt directs and oversees a team of landmen, reservoir engineers, and geologists that are specialized in building operated acreage positions that result in best-in-class development projects for MCM.
  • “Matt has been instrumental in all of the company’s growth since 2015 and we look forward to the future of MCM with Matt as President,” commented by Miles McPherren, MCM’s Chief Executive Officer.

Health Justice Advocate Honored by the Association of Black Health-System Pharmacists

Retrieved on: 
Wednesday, December 13, 2023

WASHINGTON, Dec. 13, 2023 /PRNewswire/ -- Today, Langco + Partners announced that its Founder & CEO Courtney Lang was honored by the Association of Black Health-System Pharmacists (ABHP) with the President's Award during their Annual Awards Luncheon, in conjunction with the ASHP Midyear Clinical Meeting (MCM) taking place December 3-7 in Anaheim, California.

Key Points: 
  • We owe pharmacists a debt of gratitude for their clinical acumen and purposeful dedication to patients and communities."
  • Lang also presented Advocate Health co-CEO Mr. Eugene "Gene" Woods with the ABHP Health-System Leadership Award.
  • The Association of Black Health-System Pharmacists (ABHP) represents Black and minority health-system pharmacists, and is dedicated to the growth and development of their pharmacy practice in healthcare facilities.
  • Langco + Partners delivers public affairs and strategic communications counsel focused on health equity, justice, and social change.

Semiconductor Fabrication Software Market size to grow by USD 984.91 million growth between 2023 - 2028; Growth Driven by growing complexity of semiconductor device designs - Technavio

Retrieved on: 
Tuesday, December 12, 2023

The potential growth difference for the semiconductor fabrication software market between 2023 and 2028 is USD 984.91 million.

Key Points: 
  • The potential growth difference for the semiconductor fabrication software market between 2023 and 2028 is USD 984.91 million.
  • The growing complexity of semiconductor device designs is driving market growth.
  • Key Companies in the semiconductor fabrication software market:
    The semiconductor market size is estimated to grow at a CAGR of 5.09% between 2022 and 2027.
  • East Asia - Semiconductor Market size is estimated to grow at a CAGR of 6.21% between 2023 and 2028.

Zhang Yu with Tencent Health: AI-Driven Customer Interaction Solution NGES Effectively Supports Pharmaceutical Enterprises' Smart Operations

Retrieved on: 
Wednesday, November 29, 2023

In 2023, Tencent released NGES, a new-gen customer interaction solution catering to Health Care Professionals (HCP), marking another milestone in the digital practice of the pharmaceutical industry.

Key Points: 
  • In 2023, Tencent released NGES, a new-gen customer interaction solution catering to Health Care Professionals (HCP), marking another milestone in the digital practice of the pharmaceutical industry.
  • Zhang Yu, Vice President of Tencent Health and the initiator of the NGES project, has witnessed all these changes.
  • Zhang Yu and his team at Tencent Health have astutely perceived that Tencent has the opportunity to excel in this untapped market space.
  • Zhang Yu stated that Tencent Health has mapped out a well-defined plan for the future development of the NGES customer interaction management platform in three years to come.

Draper Announces BARDA Award Supporting COVID and CBRN Countermeasure Development

Retrieved on: 
Tuesday, November 7, 2023

CAMBRIDGE, Mass., Nov. 7, 2023 /PRNewswire-PRWeb/ -- Draper, a leader in national security and biodefense solutions and technologies, has received an award valued at $26 million from the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) in the U.S. Department of Health and Human Services (HHS), to support the development of tools and technologies to protect people against global infectious disease threats, including COVID-19, and accelerate responses to biothreats in the future.

Key Points: 
  • BARDA awarded Draper $26 million to advance technologies such as Draper's PREDICT96 to support development of vaccines and therapies for COVID and emerging biothreats.
  • "Draper's collaboration with BARDA marks an important milestone in the development of the company's end-to-end MCM evaluation and screening platform," Roger Odegard, senior program manager, National Security/Biosecurity Programs at Draper.
  • Commenting on this partnership, Roger Odegard, senior program manager, National Security/Biosecurity Programs at Draper, said, "Draper's collaboration with BARDA marks an important milestone in the development of the company's end-to-end MCM evaluation and screening platform."
  • Funding for this award comes from BARDA's Chemical, Biological, Radiological and Nuclear (CBRN) Countermeasures and Project NextGen programs.

Applied Systems Engineering Inc. joins Persistent Systems Wave Relay® Ecosystem

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Persistent Systems, LLC ("Persistent"), a leader in mobile ad hoc networking (MANET), announced today that Applied Systems Engineering Inc. ("ASEI"), specialists in navigation systems for loitering munitions, has joined Persistent's Wave Relay® Ecosystem.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Persistent Systems, LLC ("Persistent"), a leader in mobile ad hoc networking (MANET), announced today that Applied Systems Engineering Inc. ("ASEI"), specialists in navigation systems for loitering munitions, has joined Persistent's Wave Relay® Ecosystem.
  • ASEI advances this concept, through the development of small, loitering, precision guided, munitions, that operate effectively in contested environments.
  • The Wave Relay MANET enables the munitions to network together and operate as a swarm, while receiving target tasking from UAS platforms and dismounted warfighters.
  • "We are excited to have ASEI join our growing Wave Relay® Ecosystem," said Cody Larson, director of Business Development at Persistent Systems.

Encore Capital Group Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

Portfolio supply growth and pricing improvement continues in U.S. market

Key Points: 
  • Portfolio supply growth and pricing improvement continues in U.S. market
    SAN DIEGO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the third quarter ended September 30, 2023.
  • “The continued growth in U.S. portfolio supply, driven by credit card lending growth and rising charge off rates, has led to improved portfolio pricing and returns.
  • We also remain committed to the critical role we play in the consumer credit ecosystem and to helping consumers restore their financial health," said Masih.
  • Financial Highlights for the Third Quarter of 2023:
    Three Months Ended September 30,

eBay Opens Authentic Streetwear Store on Canal Street in NYC

Retrieved on: 
Thursday, November 2, 2023

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Today, eBay announces the launch of "Canal Street Wear," a retail shop in NYC with an unrivaled selection of authentic streetwear and sneakers from top eBay sellers. Shoppers will have access to authentic items from the most popular and coveted brands, verified by eBay Authenticity Guarantee – the marketplace's authentication service that recently expanded to streetwear.

Key Points: 
  • Shoppers will have access to authentic items from the most popular and coveted brands, verified by eBay Authenticity Guarantee – the marketplace's authentication service that recently expanded to streetwear.
  • Canal Street Wear brings eBay's incredible selection of authentic streetwear into the hands of shoppers on Manhattan's infamous Canal Street – a longtime hub for bootleg, counterfeit and gray-market goods.
  • Canal Street Wear's merchandise was curated from top rated eBay sellers NYMilan , RIF and Soled Out Jersey City .
  • Shoppers can visit Canal Street Wear (331 Canal Street) on November 3 and 4, from 12 pm - 7 pm ET.

Encore Capital Group Completes Offering of Senior Secured Floating Rate Notes

Retrieved on: 
Monday, October 16, 2023

SAN DIEGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed its offering of €100.0 million aggregate principal amount of its senior secured floating rate notes due 2028 with a coupon of three-month EURIBOR (subject to a 0% floor) plus 4.250% at an issue price of 99.01%.

Key Points: 
  • SAN DIEGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed its offering of €100.0 million aggregate principal amount of its senior secured floating rate notes due 2028 with a coupon of three-month EURIBOR (subject to a 0% floor) plus 4.250% at an issue price of 99.01%.
  • Encore will use the proceeds from this offering to repay drawings under its revolving credit facility, and to pay certain transaction fees and expenses incurred in connection with the offering of the notes.
  • “The completion of our senior secured floating rate note offering today, as an addition to our December 2020 offering, demonstrates that our global funding structure continues to provide us with one of the best balance sheets in the global credit management services industry,” said Jonathan Clark, Executive Vice President and Chief Financial Officer.
  • “With growing supply and improving pricing in the U.S. debt buying market, we expect 2023 will be a record year of capital deployment for our MCM business with strong returns.