Daily Archives: April 2, 2024

ACCESSWIRE, Asean, English, Press Releases

4me(R) Acquires StatusCast, Adding Incident Management Capabilities to Its Leading SaaS-Based ITSM Platform

The Acquisition Broadens the Reach of 4me® and Expands Its Capabilities by Integrating Real-Time Technology Service Status Updates for IT Teams, Service Providers and Customers

SANTA BARBARA, CA / ACCESSWIRE / April 2, 2024 / 4me®, the SaaS-based Service Management software platform for the modern enterprise, has completed the acquisition of StatusCast™. StatusCast is a cloud-based provider of incident management products. The acquisition strengthens 4me's position in the ITSM market and represents another advancement in its efforts to assist companies in transforming their businesses with the most advanced and complete service management platform in the industry.

"Our mission is to make IT teams more productive while we directly help our partners and customers deliver great customer experiences. Our transformation of traditional service management is built on an advanced technology platform," said Kevin McGibben, CEO of 4me. "Integrating StatusCast's leading capabilities for incident management and status updates with 4me's core IT Service Management capabilities strengthens the IT operational power of our platform."

"We are incredibly excited to join the fantastic team at 4me," said Eric Warth, VP of Operations at StatusCast. "4me's cutting-edge ITSM solution, with its emphasis on a comprehensive, service-centric, multi-tenant architecture, perfectly complements our mission to unify and automate status and incident communications. This acquisition is in line with our vision of transparently communicating with stakeholders relevant information efficiently so that teams can focus more on the incident than managing communications."

Companies like 8x8 use StatusCast's features to ensure seamless productivity and enhanced communication with their customers. These features include public and private status pages, configurable notifications, and subscriptions for the public, partners or customers. They can provide information about service availability, current incidents or scheduled downtime.

4me will now be able to deliver the following benefits with the addition of StatusCast:

  • Real-time service status notifications. Status page updates and notifications will enable IT organizations to provide public status pages, internal and customer status pages reflecting availability and status, including degradation and downtimes of critical services, technologies, and applications.
  • Visuals of the status of the IT service catalog, which will integrate with 4me incident management, automatically allowing for faster mean time to resolution (MTTR) in outages and service degradations.
  • MSPs, Network Operations Centers, support and service desk teams can use StatusCast incident management to add a layer of automation and end-to-end capability for incident management and service level agreement (SLAs) management for their clients.

To learn more, visit https://www.4me.com/it-service-management.

About 4me

4me is transforming service management for the modern enterprise. 4me's AI-forward, service-oriented, multi-tenant SaaS platform seamlessly connects teams to optimize IT service management. 4me's ability to automate cross-functional workflows makes frictionless service delivery possible, significantly improving business outcomes. The 4me platform's ease of use and deployment makes it the most advanced ITSM platform available today. Hundreds of organizations around the world look to 4me to elevate their Enterprise Service Management. To learn more, visit www.4me.com.

About StatusCast

Founded in 2013, StatusCast's mission is to help IT departments and SaaS companies keep their employees and customers better informed when applications or IT infrastructure goes down. StatusCast is a communication platform for the enhanced and timely distribution of critical information related to outages and maintenance, enabling organizations to be as effective as possible when problems occur. StatusCast's solutions are used by many of the world's leading Fortune 500 companies and SaaS brands.

Contact Information

Carlyn Manly
Marketing
carlyn.manly@4me.com

SOURCE: 4me

.

View the original press release on newswire.com.

English, GLOBE-NEWSWIRE, MENA, Pakistan, Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors to Secure Counsel Before Important Deadline in Securities Class Action – KIND, KVSB

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II (NYSE: KIND) (NASDAQ: KVSB) between July 6, 2021 and November 8, 2022, both dates inclusive (the “Class Period”), of the important April 29, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Nextdoor Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Nextdoor class action, go to https://rosenlegal.com/submit-form/?case_id=22886 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Nextdoor’s financial results prior to the merger had been temporarily inflated by the ephemeral effects of the COVID-19 pandemic, which had pulled forward demand for Nextdoor’s platform and cannibalized future advertising revenue growth; (2) rather than being sustained, such growth trends had already begun reversing at the start of the Class Period; (3) Nextdoor’s total addressable market was materially smaller than the 312 million households represented to investors; and (4) by the start of the Class Period, Nextdoor’s most important market – the U.S. market – was already substantially saturated, impairing Nextdoor’s ability to monetize users and increase its average revenue per weekly active user (“ARPU”) or U.S. weekly active users (“WAUs”). When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Nextdoor class action, go to https://rosenlegal.com/submit-form/?case_id=22886 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082712

Press Releases

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors to Secure Counsel Before Important Deadline in Securities Class Action – KIND, KVSB

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II (NYSE: KIND) (NASDAQ: KVSB) between July 6, 2021 and November 8, 2022, both dates inclusive (the “Class Period”), of the important April 29, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Nextdoor Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Nextdoor class action, go to https://rosenlegal.com/submit-form/?case_id=22886 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Nextdoor’s financial results prior to the merger had been temporarily inflated by the ephemeral effects of the COVID-19 pandemic, which had pulled forward demand for Nextdoor’s platform and cannibalized future advertising revenue growth; (2) rather than being sustained, such growth trends had already begun reversing at the start of the Class Period; (3) Nextdoor’s total addressable market was materially smaller than the 312 million households represented to investors; and (4) by the start of the Class Period, Nextdoor’s most important market – the U.S. market – was already substantially saturated, impairing Nextdoor’s ability to monetize users and increase its average revenue per weekly active user (“ARPU”) or U.S. weekly active users (“WAUs”). When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Nextdoor class action, go to https://rosenlegal.com/submit-form/?case_id=22886 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9082712

ACCESSWIRE, Asean, English, Press Releases

Formerra Unveils Evonik Alliance for High-Performance Solutions

Partnership expands reach with Evonik's high-performance polyamides, including sustainable solutions.

ROMEOVILLE, IL / ACCESSWIRE / April 2, 2024 / Formerra today announced its new strategic partnership with Evonik, the global leader in PA12 and high-performance polyamides. This alliance enables Formerra to distribute Evonik's polyamides and sustainable materials in the U.S., Canada, and Puerto Rico. Additionally, these materials are accessible in Mexico courtesy of Formerra's recent acquisition of Suministro de Especialidades.

Formerra has added PA12 and polyamides from Evonik to its lineup of high-performance material options for automotive, aerospace, and industrial applications.

Specifically, Formerra will distribute the following materials:

  • VESTAMID® L POLYAMIDE 12
  • VESTAMID® E POLYAMIDE 12 ELASTOMER
  • VESTAMID® D POLYAMIDE 612
  • TROGAMID® CX (transparent and microcrystalline polyamides)
  • Sustainable grades:
    • VESTAMID® eCO (PA12)
    • VESTAMID® RFP (PA12)
    • VESTAMID® Terra (PA610 and PA1010)

Doug Zupan, Vice President of Operations at Formerra, expressed enthusiasm about the addition of this new supplier. "Joining forces with Evonik empowers us to supply top-tier materials for critical applications in automotive, aerospace, and industrial sectors. Evonik's reputation in high-performance polyamide production and their commitment to sustainable solutions resonate with our vision of offering customers the best cutting-edge material options."

Craig Schmidter, Americas Director of Granules and Compounds at Evonik, added, "With Formerra's vast network and deep technical support for performance-driven applications, they are the ideal choice for our polyamide products distribution. In short, Formerra is a great match because they offer the technical material selection and engineering support that customers and applications need to incorporate our high-performance materials."

Evonik products enable Formerra to enter new markets such as aerospace and oil & gas; Evonik will play a key role in helping Formerra to accomplish this growth. In addition, Formerra will be able to support current and future customers with logistics, warehousing, technical service, and speed to market.

The Formerra-Evonik collaboration will focus on providing substantial benefits to fuel customer innovation in multiple markets.

Formerra will exhibit next month at NPE2024: The Plastics Show in booth S39025 at the Orange County Convention Center in Orlando, Florida.

About Formerra

Formerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.

About Evonik

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15.3 billion in 2023. Evonik goes far beyond chemistry to create innovative, profitable, and sustainable solutions for customers. More than 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.

Contact Information:

Jackie Morris
Marketing Communications Manager, Formerra
jackie.morris@formerra.com
+1 630-972-3144

SOURCE: Formerra

.

View the original press release on newswire.com.

ACCESSWIRE, Asean, English, Press Releases

Formerra Unveils Evonik Alliance for High-Performance Solutions

Partnership expands reach with Evonik's high-performance polyamides, including sustainable solutions.

ROMEOVILLE, IL / ACCESSWIRE / April 2, 2024 / Formerra today announced its new strategic partnership with Evonik, the global leader in PA12 and high-performance polyamides. This alliance enables Formerra to distribute Evonik's polyamides and sustainable materials in the U.S., Canada, and Puerto Rico. Additionally, these materials are accessible in Mexico courtesy of Formerra's recent acquisition of Suministro de Especialidades.

Formerra has added PA12 and polyamides from Evonik to its lineup of high-performance material options for automotive, aerospace, and industrial applications.

Specifically, Formerra will distribute the following materials:

  • VESTAMID® L POLYAMIDE 12
  • VESTAMID® E POLYAMIDE 12 ELASTOMER
  • VESTAMID® D POLYAMIDE 612
  • TROGAMID® CX (transparent and microcrystalline polyamides)
  • Sustainable grades:
    • VESTAMID® eCO (PA12)
    • VESTAMID® RFP (PA12)
    • VESTAMID® Terra (PA610 and PA1010)

Doug Zupan, Vice President of Operations at Formerra, expressed enthusiasm about the addition of this new supplier. "Joining forces with Evonik empowers us to supply top-tier materials for critical applications in automotive, aerospace, and industrial sectors. Evonik's reputation in high-performance polyamide production and their commitment to sustainable solutions resonate with our vision of offering customers the best cutting-edge material options."

Craig Schmidter, Americas Director of Granules and Compounds at Evonik, added, "With Formerra's vast network and deep technical support for performance-driven applications, they are the ideal choice for our polyamide products distribution. In short, Formerra is a great match because they offer the technical material selection and engineering support that customers and applications need to incorporate our high-performance materials."

Evonik products enable Formerra to enter new markets such as aerospace and oil & gas; Evonik will play a key role in helping Formerra to accomplish this growth. In addition, Formerra will be able to support current and future customers with logistics, warehousing, technical service, and speed to market.

The Formerra-Evonik collaboration will focus on providing substantial benefits to fuel customer innovation in multiple markets.

Formerra will exhibit next month at NPE2024: The Plastics Show in booth S39025 at the Orange County Convention Center in Orlando, Florida.

About Formerra

Formerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.

About Evonik

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15.3 billion in 2023. Evonik goes far beyond chemistry to create innovative, profitable, and sustainable solutions for customers. More than 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.

Contact Information:

Jackie Morris
Marketing Communications Manager, Formerra
jackie.morris@formerra.com
+1 630-972-3144

SOURCE: Formerra

.

View the original press release on newswire.com.

Africa, English, GLOBE-NEWSWIRE, MENA, Pakistan, Press Releases, South Africa

KFSH&RC Welcomes Dr. Björn Zoéga as New Deputy CEO

KFSH&RC Welcomes Dr. Björn Zoéga as New Deputy CEO
King Faisal Specialist Hospital and Research Centre (KFSH&RC) is proud to announce the appointment of Dr. Björn Zoéga as Deputy Chief Executive Officer (CEO), effective 01 April 2024. This strategic move is set to accelerate KFSH&RC’s aspiration of becoming a leading healthcare institution on the global stage, leveraging Dr. Zoéga’s notable career and proven track record of leadership in top-tier medical institutions.

RIYADH, Saudi Arabia, April 02, 2024 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital and Research Centre (KFSH&RC) is proud to announce the appointment of Dr. Björn Zoéga as Deputy Chief Executive Officer (CEO), effective 01 April 2024. This strategic move is set to accelerate KFSH&RC’s aspiration of becoming a leading healthcare institution on the global stage, leveraging Dr. Zoéga’s notable career and proven track record of leadership in top-tier medical institutions.

As the former CEO of the internationally renowned Karolinska University Hospital in Sweden, Dr. Zoéga played a pivotal role in upholding the institution’s high standards and global recognition as the second highest rated among European hospitals and seventh best worldwide according to Newsweek’s ranking of the World’s Best Hospitals 2024. His administration at Karolinska was marked by innovative strategies and excellence in healthcare delivery—all which he is posed to enrich within KFSH&RC.

Dr. Zoégabrings decades of healthcare management and clinical expertise to KFSH&RC, having spearheaded operations as CEO of the National University Hospital of Iceland and the Stockholm Spine Center. His experience and faculties in research and education are also invaluable, given his former roles as President and Board Chairman of the EU-Cervical Spine Research Society and Chairman of the Scientific Advisory Board of Alvotech.

As Deputy CEO, Dr. Zoéga will serve as chief lead of KFSH&RC’s healthcare delivery and research and innovation groups, following on the hospital’s commitment to integrating global best practices in healthcare and pursuing cutting-edge medical research and technology.

KFSH&RC extends its invitation to the community, partners, and stakeholders to welcome Dr. Björn Zoéga, as the institution embarks on a promising new chapter in healthcare, committed to fostering a brighter and healthier future for all.

For more information, please contact:

Mr. Essam Al-Zahrani, Media Affairs Acting Head, 0555254429

Mr. Abdullah Al-Awn, Senior Media Editor, 0556294232

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a2fb3b5-9219-4e72-82fd-8f093f22996e

GlobeNewswire Distribution ID 9083029

ACCESSWIRE, Asean, English, Press Releases

Global Sports Brand U.S. Polo Assn. Delivers Record $2.4 Billion in Retail Sales for 2023, Targets $3 Billion and 1,500 U.S. Polo Assn. Stores

WEST PALM BEACH, FL / ACCESSWIRE / April 2, 2024 / USPA Global has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has delivered a record $2.4 billion in global retail sales in 2023.

The global sports brand’s record growth is the result of expanding its existing sizeable footprint across all regions around the world. U.S. Polo Assn. has seen a balanced growth strategy with significantly increased market share in more mature markets, such as North America and Western Europe, while delivering exponential growth in emerging markets such as Asia, Latin America, the Middle East, and India. In fact, the brand is targeting to become a billion-dollar business in India alone, as U.S. Polo Assn. is an international power brand and the top-selling casual menswear brand in the country.

The brand’s footprint is a fast-growing presence across 190 countries, with over 1,100 U.S. Polo Assn. retail stores and thousands of wholesale locations spanning department stores, sporting goods channels, and independent retailers, as well as e-commerce. U.S. Polo Assn. continues to climb the retail ranks as one of the largest global licensed sports brands in the world, ranking in the top five alongside the NFL, MLB, and NBA, according to License Global.

U.S. Polo Assn.’s strong execution has relied on a global focus regarding the brand’s worldwide store expansion. The brand has grown its global fleet to more than 1,100 U.S. Polo Assn. stores, targeting over 1,500 in the next several years. For 2023, new stores and existing strategic stores around the world have been enhanced with a more elevated brand and sports concept, providing consumers with an authentic experience when engaging with the brand.

U.S. Polo Assn. also built on its successful digital strategies to generate record growth in e-commerce with some 50 brand sites in 20 languages in 2023. U.S. Polo Assn. continues to grow its digital presence and global momentum on social media, with some 8 million followers worldwide.

“Our global team and strategic partners around the world delivered another record financial performance in 2023 while also achieving many major milestones across our product lines and global expansion efforts,” noted J. Michael Prince, President & CEO of USPA Global. “We continue to execute our aggressive product, store, digital, and international growth strategies to further expand our global footprint in key cities and markets worldwide, while also increasing the overall interest in the sport of polo.”

Prince added, “Despite the many challenges over the past several years facing global retail, U.S. Polo Assn. was able to exceed our goal of $2 billion three years early and has set a target to hit $3 billion and 1,500 U.S. Polo Assn. stores in the near future.”

True to the heritage of the brand, U.S. Polo Assn. maintains a strong connection to the sport of polo. By signing a recent landmark multi-year global deal with ESPN, the thrilling sport now has exposure to a massive global audience, extending to many parts of the world with reach to millions of households and multiple digital channels. The sport’s iconic U.S. Open Polo Championship®, which is broadcast by ESPN, now sits alongside the elite company of The Masters and Kentucky Derby as one of the country’s most prestigious spring sporting events.

In addition, the USPA now owns the USPA National Polo Center (NPC), the sport’s premier destination in North America. The 2024 American High-Goal Polo Season has brought record crowds and sellout Sundays, with the best polo in the world from January-April. Nestled in beautiful Palm Beach County, Florida, this outstanding venue spans 160 acres, encompassing multiple grass polo fields, fine dining, tennis courts, stadium seating, a swimming pool, and the NPC Retail Shop. Exciting updates to the world-class facility are slated for 2025.

“We continue to seek avenues and partnerships to expand into new global markets, as well as new and innovative areas of business. The combination of these factors, alongside our authentic connection to the sport of polo and outstanding global brand marketing, is the key to our global success,” Prince adds. “I am optimistic about the U.S. Polo Assn. global business maintaining its leadership position among its industry peers while gaining market share and our ability to reach over $3 billion in worldwide sales and 1,500 U.S. Polo Assn. retail stores in the coming years.”

“Today, I am proud to say that our U.S. Polo Assn. global ecosystem is comprehensive of both the brand and the sport, with our $2.4 billion global sport-inspired brand, a global sports content platform with ESPN, and ownership of NPC, one of the sport’s most beautiful and prestigious venues,” concludes Prince.

About U.S. Polo Assn. and USPA Global

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.

For more information, visit uspoloassnglobal.com and follow @uspoloassn.

USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sport and lifestyle content. For more sports content, visit globalpolo.com.

Contact Information

Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Kaela Drake
PR & Communications Specialist
kdrake@uspagl.com
+001.561.461.8596

SOURCE: USPA Global Licensing Inc.

ACCESSWIRE, Asean, English, Press Releases

Global Sports Brand U.S. Polo Assn. Delivers Record $2.4 Billion in Retail Sales for 2023, Targets $3 Billion and 1,500 U.S. Polo Assn. Stores

WEST PALM BEACH, FL / ACCESSWIRE / April 2, 2024 / USPA Global has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has delivered a record $2.4 billion in global retail sales in 2023.

The global sports brand’s record growth is the result of expanding its existing sizeable footprint across all regions around the world. U.S. Polo Assn. has seen a balanced growth strategy with significantly increased market share in more mature markets, such as North America and Western Europe, while delivering exponential growth in emerging markets such as Asia, Latin America, the Middle East, and India. In fact, the brand is targeting to become a billion-dollar business in India alone, as U.S. Polo Assn. is an international power brand and the top-selling casual menswear brand in the country.

The brand’s footprint is a fast-growing presence across 190 countries, with over 1,100 U.S. Polo Assn. retail stores and thousands of wholesale locations spanning department stores, sporting goods channels, and independent retailers, as well as e-commerce. U.S. Polo Assn. continues to climb the retail ranks as one of the largest global licensed sports brands in the world, ranking in the top five alongside the NFL, MLB, and NBA, according to License Global.

U.S. Polo Assn.’s strong execution has relied on a global focus regarding the brand’s worldwide store expansion. The brand has grown its global fleet to more than 1,100 U.S. Polo Assn. stores, targeting over 1,500 in the next several years. For 2023, new stores and existing strategic stores around the world have been enhanced with a more elevated brand and sports concept, providing consumers with an authentic experience when engaging with the brand.

U.S. Polo Assn. also built on its successful digital strategies to generate record growth in e-commerce with some 50 brand sites in 20 languages in 2023. U.S. Polo Assn. continues to grow its digital presence and global momentum on social media, with some 8 million followers worldwide.

“Our global team and strategic partners around the world delivered another record financial performance in 2023 while also achieving many major milestones across our product lines and global expansion efforts,” noted J. Michael Prince, President & CEO of USPA Global. “We continue to execute our aggressive product, store, digital, and international growth strategies to further expand our global footprint in key cities and markets worldwide, while also increasing the overall interest in the sport of polo.”

Prince added, “Despite the many challenges over the past several years facing global retail, U.S. Polo Assn. was able to exceed our goal of $2 billion three years early and has set a target to hit $3 billion and 1,500 U.S. Polo Assn. stores in the near future.”

True to the heritage of the brand, U.S. Polo Assn. maintains a strong connection to the sport of polo. By signing a recent landmark multi-year global deal with ESPN, the thrilling sport now has exposure to a massive global audience, extending to many parts of the world with reach to millions of households and multiple digital channels. The sport’s iconic U.S. Open Polo Championship®, which is broadcast by ESPN, now sits alongside the elite company of The Masters and Kentucky Derby as one of the country’s most prestigious spring sporting events.

In addition, the USPA now owns the USPA National Polo Center (NPC), the sport’s premier destination in North America. The 2024 American High-Goal Polo Season has brought record crowds and sellout Sundays, with the best polo in the world from January-April. Nestled in beautiful Palm Beach County, Florida, this outstanding venue spans 160 acres, encompassing multiple grass polo fields, fine dining, tennis courts, stadium seating, a swimming pool, and the NPC Retail Shop. Exciting updates to the world-class facility are slated for 2025.

“We continue to seek avenues and partnerships to expand into new global markets, as well as new and innovative areas of business. The combination of these factors, alongside our authentic connection to the sport of polo and outstanding global brand marketing, is the key to our global success,” Prince adds. “I am optimistic about the U.S. Polo Assn. global business maintaining its leadership position among its industry peers while gaining market share and our ability to reach over $3 billion in worldwide sales and 1,500 U.S. Polo Assn. retail stores in the coming years.”

“Today, I am proud to say that our U.S. Polo Assn. global ecosystem is comprehensive of both the brand and the sport, with our $2.4 billion global sport-inspired brand, a global sports content platform with ESPN, and ownership of NPC, one of the sport’s most beautiful and prestigious venues,” concludes Prince.

About U.S. Polo Assn. and USPA Global

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.

For more information, visit uspoloassnglobal.com and follow @uspoloassn.

USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sport and lifestyle content. For more sports content, visit globalpolo.com.

Contact Information

Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Kaela Drake
PR & Communications Specialist
kdrake@uspagl.com
+001.561.461.8596

SOURCE: USPA Global Licensing Inc.

ACCESSWIRE, Asean, English, Press Releases

Global Sports Brand U.S. Polo Assn. Delivers Record $2.4 Billion in Retail Sales for 2023, Targets $3 Billion and 1,500 U.S. Polo Assn. Stores

WEST PALM BEACH, FL / ACCESSWIRE / April 2, 2024 / USPA Global has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has delivered a record $2.4 billion in global retail sales in 2023.

The global sports brand’s record growth is the result of expanding its existing sizeable footprint across all regions around the world. U.S. Polo Assn. has seen a balanced growth strategy with significantly increased market share in more mature markets, such as North America and Western Europe, while delivering exponential growth in emerging markets such as Asia, Latin America, the Middle East, and India. In fact, the brand is targeting to become a billion-dollar business in India alone, as U.S. Polo Assn. is an international power brand and the top-selling casual menswear brand in the country.

The brand’s footprint is a fast-growing presence across 190 countries, with over 1,100 U.S. Polo Assn. retail stores and thousands of wholesale locations spanning department stores, sporting goods channels, and independent retailers, as well as e-commerce. U.S. Polo Assn. continues to climb the retail ranks as one of the largest global licensed sports brands in the world, ranking in the top five alongside the NFL, MLB, and NBA, according to License Global.

U.S. Polo Assn.’s strong execution has relied on a global focus regarding the brand’s worldwide store expansion. The brand has grown its global fleet to more than 1,100 U.S. Polo Assn. stores, targeting over 1,500 in the next several years. For 2023, new stores and existing strategic stores around the world have been enhanced with a more elevated brand and sports concept, providing consumers with an authentic experience when engaging with the brand.

U.S. Polo Assn. also built on its successful digital strategies to generate record growth in e-commerce with some 50 brand sites in 20 languages in 2023. U.S. Polo Assn. continues to grow its digital presence and global momentum on social media, with some 8 million followers worldwide.

“Our global team and strategic partners around the world delivered another record financial performance in 2023 while also achieving many major milestones across our product lines and global expansion efforts,” noted J. Michael Prince, President & CEO of USPA Global. “We continue to execute our aggressive product, store, digital, and international growth strategies to further expand our global footprint in key cities and markets worldwide, while also increasing the overall interest in the sport of polo.”

Prince added, “Despite the many challenges over the past several years facing global retail, U.S. Polo Assn. was able to exceed our goal of $2 billion three years early and has set a target to hit $3 billion and 1,500 U.S. Polo Assn. stores in the near future.”

True to the heritage of the brand, U.S. Polo Assn. maintains a strong connection to the sport of polo. By signing a recent landmark multi-year global deal with ESPN, the thrilling sport now has exposure to a massive global audience, extending to many parts of the world with reach to millions of households and multiple digital channels. The sport’s iconic U.S. Open Polo Championship®, which is broadcast by ESPN, now sits alongside the elite company of The Masters and Kentucky Derby as one of the country’s most prestigious spring sporting events.

In addition, the USPA now owns the USPA National Polo Center (NPC), the sport’s premier destination in North America. The 2024 American High-Goal Polo Season has brought record crowds and sellout Sundays, with the best polo in the world from January-April. Nestled in beautiful Palm Beach County, Florida, this outstanding venue spans 160 acres, encompassing multiple grass polo fields, fine dining, tennis courts, stadium seating, a swimming pool, and the NPC Retail Shop. Exciting updates to the world-class facility are slated for 2025.

“We continue to seek avenues and partnerships to expand into new global markets, as well as new and innovative areas of business. The combination of these factors, alongside our authentic connection to the sport of polo and outstanding global brand marketing, is the key to our global success,” Prince adds. “I am optimistic about the U.S. Polo Assn. global business maintaining its leadership position among its industry peers while gaining market share and our ability to reach over $3 billion in worldwide sales and 1,500 U.S. Polo Assn. retail stores in the coming years.”

“Today, I am proud to say that our U.S. Polo Assn. global ecosystem is comprehensive of both the brand and the sport, with our $2.4 billion global sport-inspired brand, a global sports content platform with ESPN, and ownership of NPC, one of the sport’s most beautiful and prestigious venues,” concludes Prince.

About U.S. Polo Assn. and USPA Global

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.

For more information, visit uspoloassnglobal.com and follow @uspoloassn.

USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sport and lifestyle content. For more sports content, visit globalpolo.com.

Contact Information

Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Kaela Drake
PR & Communications Specialist
kdrake@uspagl.com
+001.561.461.8596

SOURCE: USPA Global Licensing Inc.

Arabic, English, Media-OutReach, MENA, Press Releases

‫مؤسسة توني إلوميلو تعلن عن المجموعة العاشرة من برنامج ريادة الأعمال – تمويل 20,000 رائد أعمال في جميع أنحاء أفريقيا

تم الإعلان عن المجموعة العاشرة من برنامج ريادة الأعمال التابع لمؤسسة توني إلوميلو؛ تم تمثيل أكثر من 50 قطاع أعمال من مختلف قطاعات أعمال الزراعة إلى التكنولوجيا؛ تم تمويل 20,000 رائد أعمال من 54 دولة في جميع أنحاء أفريقيا خلال 10 سنوات – وهو ضعف الهدف الأصلي.

لاغوس، نيجيريا-   2 أبريل 2024 – أعلنت مؤسسة توني إلوميلو، المؤسسة الخيرية الرائدة التي تعمل على تمكين رواد الأعمال الأفارقة الشباب من جميع البلدان الأفريقية الأربعة وخمسون، عن رواد الأعمال الناجحين في اختيارها العاشر لبرنامج ريادة الأعمال التابع لمؤسسة توني إلوميلو.
وترفع هذه المجموعة الجديدة عدد رواد الأعمال الأفارقة الشباب الذين تلقوا التمويل والتوجيه ودعم بناء القدرات من المؤسسة إلى 20,000، وهو ضعف الالتزام الأولي. قامت مؤسسة توني إلوميلو بصرف مبلغ 100,000,000 دولار أمريكي مباشرة لرواد الأعمال الأفارقة الشباب، الذين خلقوا أكثر من 400,000 فرصة عمل مباشرة وغير مباشرة، مما ساهم بشكل كبير في النمو الاقتصادي والتنمية في أفريقيا. 45% من هؤلاء المستفيدين هم من النساء، مما يؤكد التزام المؤسسة بإدماج الجنسين وتحقيق المساواة بينهما.
من بين رواد الأعمال السابقين الذين تم اختيارهم في جميع أنحاء أفريقيا:

  • ستيلا سيجانا (Stella Sigana)، وهي مؤسِسة تقنيات النفايات البديلة من كينيا، تنتج قوالب الوقود عن طريق تحويل النفايات العضوية والفحم من الأحياء الفقيرة، وتخصص جزءًا من الإيرادات لتوفير التعليم والتدريب على المهارات والتوظيف للفتيات المراهقات والشابات اللاتي تتراوح أعمارهن بين 18-24 عامًا. منذ اختيارها، أنشأت ستيلا 12 فرصة عمل، وحققت إيرادات تزيد عن 79,000 دولار، وأعادت تدوير أكثر من 500 طن من النفايات محولة إياها إلى قوالب وقود للطهي. كما عمل نموذج أعمالها على تمكين المئات من رائدات الأعمال في الأحياء الفقيرة في كينيا، وسمح لهن بتأسيس أعمال تجارية من خلال بيع منتجاتها مباشرة إلى مجتمعاتهن، وبالتالي زيادة دخل الأسرة ورفاهتها بشكل كبير.
  • فيتال سونوفو (Vital Sounouvou) من بنين، هو مؤسِس اكسبورتيونتي (Exportunity)، وهي منصة للتجارة الإلكترونية تعمل على تعزيز فرص التصدير للأفارقة من خلال ربط المنتجين بالتجار. ومن خلال شركة اكسبورتيونتي، أشرك سونوفو أكثر من 750 عميلًا، وأنشأ قاعدة بيانات تضم 85,000 شركة تتاجر مع إفريقيا. وقد وظف 32 شخصًا.
  • نورا شينان (Nora Chaynane)، رائدة أعمال مغربية، ومؤسِسة شاين سبيس (Shine Space)، وهي مبادِرة اجتماعية تعليمية تهدف إلى سد الفجوة المعرفية وتوجيه الطلاب نحو المسار الوظيفي الصحيح، تساعد الشباب المغاربة على تطوير المهارات التقنية ومهارات التعامل مع الآخرين بما يتجاوز متطلبات المناهج المدرسية. قامت نورا من خلال شاين سبيس بصقل مهارات أكثر من 2,500 شاب مغربي وتأهيلهم.

منذ إنشائها في عام 2010، كانت مؤسسة توني إلوميلو رائدة في اتباع نهج مبتكر لغرس وتمكين وتعزيز التواصل بين رواد الأعمال الشباب في جميع أنحاء أفريقيا. بالاعتماد مباشرة على رحلة المؤسس توني إلوميلو في ريادة الأعمال، تعمل المؤسسة على جعل الحظ مقسمًا بديموقراطية، ونشر الفرص، من خلال نهج محايد في القطاعات، وقد طورت بنية أساسية مخصصة تصل إلى كل بلد في أفريقيا. تنطلق المؤسسة من فلسفة مؤسسنا المتمثلة في الرأسمالية الأفريقية، والتي تدعو إلى ضرورة قيام القطاع الخاص، وخاصة رواد الأعمال، بدور محوري في تنمية أفريقيا.
إن القدرة القوية للمؤسسة على الوصول إلى رواد الأعمال عبر المناطق الجغرافية والقطاعات مكنتها من إجراء شراكات مبتكرة مع الاتحاد الأوروبي (EU)، وبرنامج الأمم المتحدة الإنمائي (UNDP)، ​​واللجنة الدولية للصليب الأحمر (ICRC)، وحكومة الولايات المتحدة عبر مؤسسة التنمية الأفريقية الأمريكية (USADF)، ومنظمة دول أفريقيا والكاريبي والمحيط الهادئ (OACPS)، والوكالة الفرنسية للتنمية (AFD)، ومؤسسة تمويل التنمية الألمانية (DEG)، والوكالة الألمانية للتعاون الدولي (GIZ)، وبنك التنمية الأفريقي (AfDB)، ووكالة تنمية مدينة سيمي، وجوجل، مع برامج مخصصة بما في ذلك استهداف تمكين المرأة والنمو في الدول غير القوية. بناءً على شراكتها الحالية مع وكالة تنمية مدينة سيمي، ستقوم مؤسسة توني إلوميلو بتمويل 100 رائد أعمال شاب إضافي من جمهورية بنين في عام 2024.
أفاد توني أو. إيلوميلو قائلاً: “في الوقت الذي نحتفل خلاله بعقد من التأثير، أشعر أنني فخور للغاية بالرحلة المذهلة التي شرعنا فيها. يمثل رواد الأعمال لدينا القوة الدافعة وراء التحول الاقتصادي في أفريقيا، ولا تزال مرونتهم وعزمهم وابتكارهم مصدر إلهام لنا جميعًا. أصبح مستقبل قارتنا أكثر إشراقا بسبب جهودهم”.
كجزء من التزام مؤسسة توني إلوميلو بدعم الشباب الأفارقة، فإن الفرص المستمرة التالية مفتوحة حاليًا للطلبات المقدمة من رواد الأعمال الشباب من جميع أنحاء أفريقيا على موقع TEFConnect رابط (https://TEFConnect.com/):

  • مبادرة ريادة الأعمال النسائية من أجل أفريقيا (WE4A)، شراكة بين الاتحاد الأوروبي، والوكالة الألمانية للتعاون الدولي ومؤسسة توني إلوميلو
  • برنامج أجوكا لريادة الأعمال، وهو عبارة عن شراكة بين برنامج الأمم المتحدة الإنمائي ومؤسسة توني إلوميلو في رواندا

يلقى رواد الأعمال الأفارقة تشجيعًا على التقدم لهذه المبادرات لتلقي التدريب، والتوجيه، والوصول إلى الشبكات، والحصول على التمويل.
لمعرفة المزيد عن برنامج ريادة الأعمال التابع لمؤسسة توني إلوميلو “عِقد من التأثير” يرجى الاطلاع من هنا (https://apo-opa.co/3IULYeS). يمكن العثور على قصص نجاح هؤلاء المستفيدين من هنا (https://apo-opa.co/3VzIx4X)، ويمكن الاطلاع على التفاصيل الكاملة للمستفيدين من المؤسسة في جميع أنحاء أفريقيا من هنا (https://apo-opa.co/3TOQCkS). لمزيد من الأفكار حول مبادراتنا المؤثرة، ومراحلنا الأساسية، والقصص التحويلية لرواد الأعمال في جميع أنحاء أفريقيا، تعمق في تقاريرنا السنوية من هنا (https://apo-opa.co/43xk2r6).

تحميل الصورة: https://apo-opa.co/4awNH5N (مؤسسة توني إلوميلو تلعن عن المجموعة العاشرة من برنامج ريادة الأعمال – تمويل 20,000 رائد أعمال في جميع أنحاء أفريقيا)

حول مؤسسة توني إلوميلو

مؤسسة توني إلوميلو هي المؤسسة الخيرية الرائدة التي تعمل على تمكين جيل جديد من رواد الأعمال الأفارقة، والقضاء على الفقر، وتحفيز خلق فرص العمل في جميع البلدان الأفريقية الأربعة وخمسون، وزيادة التمكين الاقتصادي للمرأة. منذ إطلاق برنامج مؤسسة توني إلوميلو لريادة الأعمال في عام 2015، أتاحت المؤسسة إمكانية الوصول إلى أكثر من 1,5 مليون شاب أفريقي في مركزها الرقمي، TEFConnect، وصرفت أكثر من 100 مليون دولار أمريكي تمويلًا مباشرًا لـعدد 20,000 شاب وشابة أفريقية، الذين أنشأوا بشكل جماعي أكثر من 400 ألف فرصة عمل مباشرة وغير مباشرة.