Avery Dennison

Automatic Data Capture (ADC) Market size to grow by USD 36,478.13 million from 2022-2027; Rising demand for better inventory management systems to drive the market growth - Technavio

Retrieved on: 
Thursday, June 1, 2023

The rising demand for better inventory management systems is the key factor driving the growth of the global automatic data capture market.

Key Points: 
  • The rising demand for better inventory management systems is the key factor driving the growth of the global automatic data capture market.
  • Thus, the rising demand for better inventory management systems will drive the market.
  • Hence, rising demand for better inventory management systems is expected to drive the growth of the global ADC market during the forecast period.
  • Hence, rising demand for better inventory management systems is expected to drive the growth of the global ADC market during the forecast period.

Avery Dennison Announces Planned CEO Succession

Retrieved on: 
Wednesday, May 24, 2023

“It has been a privilege to have led Avery Dennison for much of the past decade. I have been fortunate to have worked with such a tremendous team at this wonderful company -- a team that has raised the bar by both delivering superior results, while also positioning us for even greater successes in the future,” said Mitch Butier, chairman and chief executive officer, Avery Dennison. “With the company so well positioned, I am confident it is the right time to transition the role of CEO to Deon.”

Key Points: 
  • Avery Dennison Corporation (NYSE: AVY) announced today that its board of directors, as a result of a planned succession process, has elected the company’s president and chief operating officer, Deon Stander, as president and chief executive officer, effective September 1, 2023.
  • “It has been a privilege to have led Avery Dennison for much of the past decade.
  • He is the right leader to ensure we reach even greater heights, and I look forward to supporting him and the company in my role as executive chairman.”
    “I am honored by the opportunity to serve as Avery Dennison’s next CEO,” said Deon Stander, president and chief operating officer, Avery Dennison.
  • During his tenure, the team has transformed Avery Dennison, simultaneously delivering superior performance while creating even greater future potential.

IDTechEx Asks How Smart Packaging Can Best Add Value

Retrieved on: 
Friday, May 19, 2023

Smart/intelligent packaging continues this trend towards greater functionality, employing sensors, printed electronics, and wireless communication to add value in novel ways.

Key Points: 
  • Smart/intelligent packaging continues this trend towards greater functionality, employing sensors, printed electronics, and wireless communication to add value in novel ways.
  • With applications from logistics labeling to greater consumer engagement IDTechEx's latest report, " Smart Packaging 2023-2033 ", finds that the market for smart packaging electronics will be worth around US$2.6 billion by 2033.
  • But what are the use cases where smart packaging can best create value?
  • Smart packaging has multiple use cases that can provide benefits across the value chain, from improved consumer interaction to facilitating the transition to a circular economy.

IDTechEx Asks How Smart Packaging Can Best Add Value

Retrieved on: 
Friday, May 19, 2023

Smart/intelligent packaging continues this trend towards greater functionality, employing sensors, printed electronics, and wireless communication to add value in novel ways.

Key Points: 
  • Smart/intelligent packaging continues this trend towards greater functionality, employing sensors, printed electronics, and wireless communication to add value in novel ways.
  • With applications from logistics labeling to greater consumer engagement IDTechEx's latest report, " Smart Packaging 2023-2033 ", finds that the market for smart packaging electronics will be worth around US$2.6 billion by 2033.
  • But what are the use cases where smart packaging can best create value?
  • Smart packaging has multiple use cases that can provide benefits across the value chain, from improved consumer interaction to facilitating the transition to a circular economy.

Global $6 Billion Chipless Radio Frequency Identification (RFID) Markets, Size, Segments, Outlook, and Revenue Forecasts, 2017-2021 & 2022-2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 17, 2023

The "Global Chipless Radio Frequency Identification Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Component Type, Frequency, Application, End-user and Region" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Chipless Radio Frequency Identification Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Component Type, Frequency, Application, End-user and Region" report has been added to ResearchAndMarkets.com's offering.
  • Moreover, the low cost of Chipless RFID tags over traditional RFID tags further accelerates the market growth.
  • Information breach is a major challenge faced by the end-users in the Global Chipless Radio Frequency Identification Market.
  • The outburst of the COVID-19 pandemic harmed the Chipless Radio Frequency Identification Market.

Global Smart Shelves Market Report 2023: Increasing Customer Personalization and Customization Drives Growth

Retrieved on: 
Tuesday, May 9, 2023

The smart shelves market research report is one of a series of new reports that provides Smart shelves market statistics, including smart shelves industry global market size, regional shares, competitors with smart shelves market share, detailed Smart shelves market segments, market trends, and opportunities, and any further data you may need to thrive in the smart shelves industry.

Key Points: 
  • The smart shelves market research report is one of a series of new reports that provides Smart shelves market statistics, including smart shelves industry global market size, regional shares, competitors with smart shelves market share, detailed Smart shelves market segments, market trends, and opportunities, and any further data you may need to thrive in the smart shelves industry.
  • Increasing customer personalization and customization is expected to propel the growth of the smart shelf market going forward.
  • Smart shelves help increase customer personalization and customization through the benefits of smart shelves, such as retailer profit maximization and the provision of a tailored shopping experience, which are anticipated to favorably impact the global market for smart shelves.
  • Therefore, increasing customer personalization and customization is expected to drive the growth of the smart shelf market.

Texas Capital Bank Names John Clendening as Head of Marketing and Communications

Retrieved on: 
Tuesday, May 2, 2023

DALLAS, May 02, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that John Clendening has joined the firm as Executive Director and Head of Marketing and Communications, effective immediately.

Key Points: 
  • DALLAS, May 02, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that John Clendening has joined the firm as Executive Director and Head of Marketing and Communications, effective immediately.
  • As Head of Marketing and Communications, he is responsible for the internal and external marketing and communications strategy and execution for Texas Capital Bank across all channels, including brand management, messaging, content development, digital marketing, media relations and social media.
  • Mr. Clendening reports to John Cummings, Texas Capital Bank’s Chief Administrative Officer.
  • “We are pleased to welcome John to the Texas Capital Bank team as he assumes this critical role for the firm,” said Mr. Cummings.

Avery Dennison Increases Quarterly Dividend

Retrieved on: 
Thursday, April 27, 2023

Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company’s quarterly dividend.

Key Points: 
  • Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company’s quarterly dividend.
  • The board declared a quarterly dividend of $0.81 per share, representing an increase of approximately 8% over the previous dividend rate.
  • The dividend for the second quarter is payable on June 21, 2023 to shareholders of record as of June 7, 2023.

Avery Dennison Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, April 26, 2023

Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended April 1, 2023.

Key Points: 
  • Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended April 1, 2023.
  • We have revised our guidance range for 2023 earnings per share to reflect a softer outlook for the second quarter.
  • The company’s 2023 adjusted tax rate is expected to be in the mid-twenty percent range based on current tax regulations.
  • In its supplemental presentation materials, “Financial Review and Analysis First Quarter 2023,” the company provides a list of factors that it believes will contribute to its 2023 financial results.

GS1 Connect 2023 Agenda Offers Supply Chain Visibility Best Practices From More Than 275 Companies Across Retail, Grocery, Foodservice and Healthcare

Retrieved on: 
Wednesday, April 19, 2023

EWING, N.J., April 19, 2023 /PRNewswire/ -- GS1 Connect 2023, the conference and exhibition hosted by GS1 US, will feature more than 275 leading companies that will share strategies for leveraging GS1 Standards to enable end-to-end supply chain visibility. A sampling of companies represented include: Bumble Bee Foods, Chick-fil-A, The Coca-Cola Corporation, DICK'S Sporting Goods, Dillard's, Georgia-Pacific, Hershey, Johnson & Johnson, Kellogg, L'Oréal, Macy's, McDonald's Corporation, PepsiCo., Procter & Gamble, Target and more. The event will be held June 5-7, 2023, at the Gaylord Rockies Resort & Convention Center in Denver, Colorado. To view the agenda, visit www.gs1us.org/gs1connect.

Key Points: 
  • The event will be held June 5-7, 2023, at the Gaylord Rockies Resort & Convention Center in Denver, Colorado.
  • The annual event will help attendees address a variety of business challenges and best practices for using standards-based business processes to drive supply chain efficiencies and enhance customer experiences.
  • Supply chain innovation has never been more important," said Bob Carpenter, president and CEO of GS1 US.
  • "GS1 Connect offers that ultimate forum to discuss how industry is continuing to rise above today's challenges to deliver optimized supply chains and customer experiences."