Loop Commerce Study Finds 54% of Companies will Increase Investment in Corporate Gift Giving Over the Next 24 Months

New Research from Loop Commerce, a Synchrony Solution, Finds Companies are Spending $50-$150 per Gift but Still Missing the Mark with Employees

PR Newswire

SAN FRANCISCO, Nov. 12, 2020 /PRNewswire/ — Loop Commerce, a leading provider of Gift Experience Management (GXM) solutions, today released new research on corporate gift giving. The research found that 54% of companies plan to increase their investment in corporate gift giving over the next two years amid a transformation in workplace dynamics. Companies are committed to more gift giving and value ease-of-use and quality gifting but continue to resort to less imaginative gifts that can leave recipients cold.

The research, commissioned by Loop Commerce, found several other challenges to traditional corporate gifting by departments such as human resources, marketing, event management, sales and customer service. Corporate gifters are finding it difficult to make gifts more meaningful than things like gift cards. Also, at times, many recipients, including employees, customers and clients, may be unenthusiastic about the experience of receiving a gift via email is unenthusiastic for many recipients, including employees, customers and clients.

Knowing the difficulties with receiving a personalized gift from employers, nearly 70% of employees say they prefer gift cards while 55% seek a gift of travel or experiences over merchandise. If employees are unable to receive a personalized gift aligned to their interests, they desire the freedom to choose how they want to utilize a gift and its associated cash value.

“The reality is both companies and employees want the same things – quality, personalized gifting that is easy to use. Companies want to spend more and select useful gifts aligned to employee interests, but when needing to do it at scale, they’re opting for the most convenient option that employees still want – gift cards,” said Jennifer Muller, Chief Marketing Officer, Loop Commerce, a Synchrony solution. “If companies are already spending $50$150 per gift and intend to increase their investment in gift giving, gift experience management technology can more easily eliminate the guesswork and provide quality, personalized gift experiences regardless of quantity.”

According to the research, three out of four companies are currently curating corporate gifts and offering multiple gift options for employees without any assistance from solution providers. This approach has not produced ideal outcomes. One out of every five corporate gift givers (21%) have received complaints from employees about their gifts. During the holidays, over half of employees (53%) receiving gifts have found it has been a hit or miss every year.

Shipping continues to be a significant factor influencing companies’ gifting decision making, and forty-four percent of companies who seek a quick fix for large gift giving are turning to online retailers. Most of these e-commerce sites are not designed for gifting at scale, forcing the corporate gifter to deal with cumbersome and repetitive processes.

Additionally, the increase in online shopping is already stressing shipping companies as orders pile up due to the pandemic. And, consumers accustomed to free next-day receipt of their purchases, are now finding that “next day” may mean “next week” as shipments are delayed. As the holidays approach this is likely to get worse. Corporate gift givers can use a gift experience management solution to digitally purchase and send personalized gifts via personalized email or texts in minutes and provide the recipient the flexibility to choose their preferred size, color and shipping address before the gift ships. 

Research Methodology: Synchrony and Loop Commerce partnered with market research and strategy firm Chadwick Martin Bailey who surveyed approximately 300 B2B decision makers in roles such as Customer Service, Human Resources, Marketing, Procurement, and Sales. The company also surveyed 300 consumers across industries. Each cohort represents a mix of industries and company sizes. Both surveys were conducted between August 20 and September 8, 2020.

About Loop Commerce
GiftNow, from Loop Commerce, a Synchrony solution, is a holistic Gift Experience Management (GXM) solution that takes the friction out of gifting. With GiftNow’s purpose-built GXM platform, gifters can send personalized digital gifts and gift cards in seconds and recipients can exchange or modify their items before they ship, benefiting gift givers, recipients, corporate gifting programs, and retailers. GiftNow is used by premium specialty and department retailers across the United States.

For more information, please visit: www.giftnow.com.

About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, and healthcare providers.

Synchrony is changing what’s possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.

For more information, visit synchrony.com and Twitter: @synchrony.

Media Contact:
Kevin Payne
[email protected]

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SOURCE Synchrony

Boqii’s 2020 Single Day Global Shopping Festival GMV Reached RMB244 Million

PR Newswire

SHANGHAI, Nov. 12, 2020 /PRNewswire/ — Boqii Holding Limited (“Boqii” or the “Company”) (NYSE: BQ), a leading pet-focused platform in China, today announced that the Company generated RMB244.5 million ( ~ US37.0 million) in gross merchandise volume (GMV) [1]during 11-day sales campaign from November 1 to 11.

Mr. Hao Liang, Boqii’s Founder, Chairman and Chief Executive Officer commented: “The strong results in this year’s shopping festival demonstrate the growing demand and increasing brand awareness for Boqii itself. As China’s leading pet-focused platform, Boqii has been dedicating itself to improving life quality for pets and pet owners, by providing premium, safe and reliable products. We are committed to continuously optimizing our platform and bringing more high-quality pet products to better serve our users and brand owners.” 

2020 Singles Day Global Shopping Festival Highlights (From November 1 to November 11)[2]

  • Total GMV of RMB244.5 million (~US$37.0 million), representing an increase of 39.97% compared to the same period in 2019.
  • Over 336 brands participating in the festival.
  • Added 101 new popular brands compared to last year, including Natural Balance, Nutrience and Halo.
  • 104 brands surpassed sales from last year’s festival, with 62 brands doubling their sales compared to sales recorded from last year’s festival, including Nutram Number, Wanpy, GO!, IRIS and Bayer Advocate.

[1] Please refer to the Boqii’s Prospectus dated September 29, 2020 for the definition of GMV. GMV is subject to future adjustments (such as refunds) and represents only one measure of the Company’s performance and should not be relied on as an indicator of our financial results, which depend on a variety of factors. Our financial results will be released when we announce Q3 earnings. 

[2] The period from 0:00, November 1, 2020 to 24:00, November 11, 2020.

About Boqii Holding Limited

Boqii Holding Limited (NYSE: BQ) is China’s leading pet-focused platform. We are the leading destination for pet products and supplies in China with our broad selection of high-quality products including global leading brands, local emerging brands, and our own private labels, offered at competitive prices. Our online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Our Boqii Community also provides an informative and interactive content platform for users to share their knowledge and love for pets.

Exchange Rate

This press release contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.6070 to US$1.00, the central parity rate announced by the People’s Bank of China on November 11, 2019.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding such risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: [email protected]

The Blueshirt Group
Ms. Susie Wang
Email: [email protected]

In the United States:

The Blueshirt Group
Ms. Julia Qian
Email: [email protected]

 

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SOURCE Boqii Holding Limited

Thinking about buying stock in Moderna, ACCO Brands, Top Ships, JD.Com, or Xpeng?

PR Newswire

NEW YORK, Nov. 12, 2020 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for MRNA, ACCO, TOPS, JD, and XPEV.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

 

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SOURCE InvestorsObserver

BioMarin to Participate in Three Upcoming Virtual Investor Conferences

– Barclays Gene Editing & Gene Therapy Summit on November 16 at 1:00pm ET

– Stifel 2020 Virtual Healthcare Conference on November 17 at 2:00pm ET

– Jefferies Virtual London Healthcare Conference on November 17 at 1:10pm ET/6:10pm GMT

PR Newswire

SAN RAFAEL, Calif., Nov. 12, 2020 /PRNewswire/ — BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced that management will participate in three upcoming virtual conferences.  An audio webcast of the presentations will be available live. You can access the webcast at: https://investors.biomarin.com/. An archived version of the remarks will also be available through the Company’s website for a limited time following the conference.

About BioMarin

BioMarin is a global biotechnology company that develops and commercializes innovative therapies for people with serious and life-threatening rare disorders. The company’s portfolio consists of six commercialized products and multiple clinical and pre-clinical product candidates. 

For additional information, please visit www.biomarin.com. Information on BioMarin’s website is not incorporated by reference into this press release.

Contacts:

Investors

Media


Traci McCarty

Debra Charlesworth


BioMarin Pharmaceutical Inc.

BioMarin Pharmaceutical Inc.


(415) 455-7558

(415) 455-7451

 

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SOURCE BioMarin Pharmaceutical Inc.

VistaGen Reports Positive Preclinical Data Differentiating Mechanism of Action of PH94B from Risk-Ridden Benzodiazepines

New electrophysiological data demonstrate that PH94B does not directly modulate GABA (gamma aminobutyric acid) receptors

PR Newswire

SOUTH SAN FRANCISCO, Calif., Nov. 12, 2020 /PRNewswire/ — VistaGen Therapeutics (NASDAQ: VTGN), a biopharmaceutical company developing new generation medicines for anxiety, depression and other central nervous system (CNS) disorders, today announced new in vitro electrophysiology data demonstrating that the mechanism of action of PH94B, the intranasal neuroactive steroid the Company is preparing for Phase 3 development as a potential acute rapid-onset treatment of anxiety in adults with social anxiety disorder, does not involve direct activation of GABA-A receptors, in distinct contrast to the mechanism of action of benzodiazepines (“benzos”), which act as direct positive modulators of GABA-A receptors.

“We are very pleased with the results of these studies that suggest PH94B’s mechanism of action may not have benzodiazepine-like side effects, such as sedation and cognitive impairment, or abuse liability,” stated Shawn K. Singh, Chief Executive Officer of VistaGen. “While benzodiazepines provide relief for many Americans struggling with anxiety, their extremely risky safety profile does not lend itself to long term use. The mechanism of action contributes to the safety profile. As we have seen in Phase 2 clinical studies, while PH94B is able to produce rapid-onset benzo-like, anti-anxiety effects, this study demonstrates that PH94B does not have a benzo-like mechanism of action. As we approach Phase 3 development of PH94B, especially given the FDA’s recent public announcement about safety concerns associated with benzo use, these new data make us even more excited about PH94B’s potential to change lives without the risky side effects and safety concerns of benzos.”

Recently, the U.S. Food and Drug Administration (FDA) released a Drug Safety Communication (DSC) detailing the risks associated with use of benzodiazepines, a class of drugs commonly prescribed for treatment of anxiety disorders and other conditions. According to the FDA communication, 92 million benzodiazepine prescriptions were filled in 2019. The FDA’s DSC detailed safety concerns regarding the serious risks of abuse, addiction, physical dependence, and withdrawal reactions linked to long-term use of benzodiazepines, and the FDA announced that it is requiring an updated Boxed Warning, the FDA’s most prominent type of safety warning, for all benzodiazepine medications.

“We thought it was important to conduct a study to help differentiate the mechanism of action of PH94B from that of benzodiazepines, therefore, we contracted with EuroFins Discovery to determine whether PH94B has positive modulatory effects on GABA receptors using in vitro patch clamp electrophysiology,” noted Mark A. Smith, M.D., Ph.D., Chief Medical Officer of VistaGen. “Benzodiazepines such as alprazolam and diazepam mediate their anti-anxiety effects by acting as positive modulators at GABA receptors to make them more responsive to GABA and thereby increase inhibitory neuronal activity in the brain. PH94B had no agonist or antagonist effects on GABA receptors. While PH94B may regulate endogenous GABA circuits in the brain, it does not appear to directly bind to or modulate GABA receptors at concentrations <10mM, which differentiates its mechanism of action from benzodiazepines.”

These studies are significant because they indicate that PH94B has no relevant benzodiazepine-like activity. With widespread anxiety-provoking stressors related to the COVID-19 pandemic, civil unrest, election results, the economy, and distance learning during 2020, the number of individuals facing anxiety disorders is rising and a safer treatment alternative to benzodiazepines is imperative. PH94B may have the potential to displace benzodiazepines and become the safer alternative in the drug treatment paradigm for anxiety disorders.

About PH94B
PH94B is an innovative odorless synthetic neuroactive steroid nasal spray with therapeutic potential in a wide range of mental health disorders involving anxiety or phobia. Self-administered in microgram-level doses, PH94B produces rapid onset (within approximately 15 minutes) anti-anxiety effects and does not require systemic uptake and distribution to generate these effects.

VistaGen is currently preparing PH94B for pivotal Phase 3 development as a potential acute treatment of anxiety in adults with Social Anxiety Disorder (SAD).  The FDA has granted Fast Track designation for development of PH94B for this indication, believed to be the first such designation by the FDA for a drug candidate for SAD.

With its rapid-onset pharmacology, lack of systemic exposure and sedation, and its excellent safety profile in all studies to date, we believe PH94B has potential to provide a safe alternative to benzodiazepines and other pharmacological alternatives in the drug treatment paradigm for anxiety disorders. View more background information on SAD and a video on PH94B’s mechanism of action.

About VistaGen
VistaGen Therapeutics is a clinical-stage biopharmaceutical company developing and commercializing differentiated new generation medicines that go beyond the current standard of care for anxiety, depression and other CNS disorders. Each of VistaGen’s three drug candidates has a differentiated mechanism of action, an exceptional safety profile in all studies to date, and therapeutic potential in multiple CNS markets. For more information, please visit www.vistagen.com and connect with VistaGen on Twitter, LinkedIn and Facebook.

Forward Looking Statements

Various statements in this release are “forward-looking statements” concerning VistaGen’s future expectations, plans and prospects, including the potential for successful Phase 3 development of PH94B. These forward-looking statements are neither promises nor guarantees of future performance, and are subject to a variety of risks and uncertainties which could cause actual results to differ materially from those contemplated in these forward-looking statements, including the risks that: development and approval of PH94B may not be achieved in any market; the FDA may decide that the results of the Company’s PH94B Phase 3 clinical program are not sufficient for regulatory approval for acute treatment of anxiety in adult patients with SAD or any other anxiety-related disorder; development of PH94B may not be successful in any indication; success in nonclinical studies or in earlier-stage clinical trials may not be repeated or observed in future studies which may not support further development or be sufficient to gain regulatory approval to market PH94B; adverse events may be encountered at any stage of development that negatively impact further development. Other risks and uncertainties include, but are not limited to, issues related to: adverse healthcare reforms and changes of laws and regulations; general industry and market conditions; manufacturing and marketing risks, which may include, but are not limited to, unavailability of or delays in delivery of raw materials for manufacture of PH94B; inadequate and/or untimely supply of PH94B to meet demand; entry of competitive products; and other technical and unexpected hurdles in the development, manufacture and commercialization of PH94B, as well as those risks more fully discussed in the section entitled “Risk Factors” in VistaGen’s most recent Annual Report on Form 10-K for the year ended March 31, 2020, as well as discussions of potential risks, uncertainties, and other important factors in either company’s other filings with the Securities and Exchange Commission. In addition, any forward-looking statements represent the Company’s views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.

 

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SOURCE VistaGen Therapeutics

KeyCorp Fourth Quarter 2020 Earnings Release Date And Conference Call

PR Newswire

CLEVELAND, Nov. 12, 2020 /PRNewswire/ — KeyCorp (NYSE: KEY) will announce fourth quarter 2020 earnings on Thursday, January 21, 2021, before the market opens. A conference call will be held at 10:00 a.m. ET to review financial results, strategy and outlook.

The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir.  If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Quarterly Earnings Results.

KeyCorp’s roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $170.5 billion at September 30, 2020. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of over 1,000 branches and approximately 1,400 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com. KeyBank is Member FDIC.

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SOURCE KeyCorp

Vonage and Evolutio Announce Strategic Partnership, Offer Vonage Contact Center to Companies Throughout Spain

PR Newswire

HOLMDEL, N.J., Nov. 12, 2020 /PRNewswire/ — Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has announced a strategic reseller partnership of Vonage Contact Center with Evolutio, a leading provider of cloud-based services across Spain. 

This agreement reinforces Evolutio’s position as a leading independent cloud-based service provider in the region. Partnering with Vonage enables Evolutio to seamlessly sell, deploy, and implement contact centers that meet today’s critical need for organisations of all sizes to ensure business continuity across functions, and to seamlessly enable agents to work from anywhere – in an office, at home, or even mobile.

“Evolutio is pleased to announce this partnership with Vonage,” said Jacinto Cavestany, CEO at Evolutio. “Adding the award-winning Vonage Contact Center into our portfolio will help our customers to accelerate their digital transformation by providing enormous flexibility and ensuring business continuity. We are sure our knowledge, reach and assets throughout Spain and the surrounding markets are the perfect match for making it all possible.”

The partnership with Vonage will allow Evolutio to continue selling, implementing and servicing all of its current and future customers by offering them the Vonage Contact Center deeply integrated into Salesforce CRM and ServiceNow CSM solutions. This provides businesses with the ability to innovate the way they engage with their customers in real time, anywhere in the world, through their preferred channels.

“It is critical for organizations of all sizes to ensure business continuity, seamlessly enable remote delivery of services, and provide differentiated customer experiences,” said Rodolpho Cardenuto, President, Vonage Applications Group. “The ability to enable this kind of connection and innovation is the value Vonage brings, and we’re excited to partner with Evolutio to offer the Vonage Contact Center to businesses throughout Spain and make it easy for businesses to build the personalised, integrated, immediate and intuitive communication experiences that today’s customers expect.”

Vonage Contact Center integrates all communications channels without expensive, disruptive hardware changes and plugs straight into a business’s CRM platform, allowing agents to benefit from immediate access to a caller’s history of interactions, minimize wait times and improve the caller experience. As a flexible, scalable cloud solution, agents can log into the Vonage Contact Center wherever they are, effectively boosting the organization’s response to any increase in demand, while Vonage’s real-time dashboards provide a wealth of real-time and historical data.

To find out more about Vonage, visit www.vonage.com. To find out more about Evolutio, visit www.evolutio.com.

About Evolutio
Evolutio is an expert enabler of cloud services. The company works for some of the most relevant global and local organisations of the Spanish market. Its goal is to foster the agility, flexibility and innovation capacity of its customers, helping them to optimise their business value and making their digital transformation possible. The company is headquartered in Madrid, Spain, and its assets include: more than 5,600 km of deployed networks, 3 data centers and more than 6,200 virtual machines, 270 security certifications, 1,000 highly qualified experts and over 30 years of experience in the field. For more information, visit evolutio.com


About Vonage



Vonage
, (Nasdaq:VG) a global cloud communications leader, helps businesses accelerate their digital transformation. Vonage’s Communications Platform is fully programmable and allows for the integration of Video, Voice, Chat, Messaging and Verification into existing products, workflows and systems. Vonage’s fully programmable unified communications and contact center applications are built from the Vonage platform and enable companies to transform how they communicate and operate from the office or anywhere, providing enormous flexibility and ensuring business continuity.

Vonage Holdings Corp. is headquartered in New Jersey, with offices throughout the United States, Europe, Israel, Australia and Asia. To follow Vonage on Twitter, please visit www.twitter.com/vonage. To become a fan on Facebook, go to facebook.com/vonage. To subscribe on YouTube, visit youtube.com/vonage.

 

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SOURCE Vonage

Lovesac Announces New Online Launch With BestBuy.com

Lovesac Will Reach a New Consumer and Allow them to Experience Total Comfort through BestBuy.Com

PR Newswire

NEW YORK, Nov. 12, 2020 /PRNewswire/ — Lovesac (Nasdaq: LOVE), the home furnishing brand, best known for its Sactionals – The World’s Most Adaptable Couch™ – today announced its online launch with global retailer Best Buy. The Lovesac online shopping experience on BestBuy.com kicked off on November 2, 2020 and is available at www.BestBuy.com/Lovesac.

The online launch of Lovesac on BestBuy.com expands beyond shop-in-shops within Best Buy stores that opened last year, providing additional reach for Lovesac with a demonstrated leader in innovation in the online retail space. Lovesac has had strong success and a proven track record as demonstrated by its category leading sales productivity in its small footprint showrooms and successful online retail presence. In addition, the company operates pop-up shops outside of its owned channels that have delivered strong performance. This expanded online launch with Best Buy will continue to allow Lovesac to extend its digital presence and brand reach in an agile and capital efficient manner.

“We are very excited to announce the launch of Lovesac sales online with Best Buy just in time for the holiday shopping season,” commented Shawn Nelson, founder and CEO of Lovesac. “Showcasing our products through established and innovative online retailers like Best Buy expands our brand awareness serving as another digital touchpoint during the Sactionals shopping journey, and through this partnership we will be able to reach a broader audience and accelerate adoption of the Sactionals Platform. We believe the Best Buy brand and their customer profile is a great fit with the Lovesac brand and future product innovations. We look forward to a successful and growing relationship together.”


About The Lovesac Company

Based in Stamford, Connecticut, The Lovesac Company is a technology driven company that designs, manufactures and sells unique, high quality furniture derived through its proprietary “Designed for Life” approach which results in products that are built to last a lifetime and designed to evolve as our customers’ lives do. Our current product offering is comprised of modular couches called Sactionals, premium foam beanbag chairs called Sacs, and their associated home decor accessories. Innovation is at the center of our design philosophy with all of our core products protected by a robust portfolio of utility patents. We market and sell our products primarily online directly at www.lovesac.com, supported by direct-to-consumer touch-feel points in the form of our own showrooms as well as through shop-in-shops and pop-up-shops with third party retailers.

Contact: 

Nate Zubal, PR & Project Specialist


[email protected]

 

 

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SOURCE Lovesac

Columbus® Craft Meats Releases Premium Charcuterie Boxes Ahead of the Holiday Season

PR Newswire

HAYWARD, Calif., Nov. 12, 2020 /PRNewswire/ — The makers of Columbus® Craft Meats, one of the fastest growing deli brands in the United States, announced the launch of three new items designed as premium charcuterie gift options: Charcuterie 101 Collection, Charcuterie Entertaining Collection and Felino Gold. Each is convenient to give and tempting to purchase for oneself. Charcuterie boxes make excellent corporate holiday gifts for employees and clients and will be shipped directly to recipients. The boxes have limited availability due to the select nature of craft salumi and are not available in stores. Online orders are open via www.columbuscraftmeats.com and boxes are shipping now.

“Columbus’s charcuterie boxes make the ideal holiday gift because they’re a fresh take on the classic food basket,” said Evan Inada, charcuterie/partnerships director at Columbus Craft Meats. “There is a consistent desire for gift baskets every year and this one has a distinct ‘wow’ factor upon arrival and unboxing. Especially now, due to COVID-19 and social distancing, gatherings during the holiday season may look different. This is a perfect answer.”

Research shows many gift box purchasers opt to keep them for themselves or share them with friends. Approximately 52 million people bought a gift basket in the United States last year and 16% of the population bought a gift basket online as a holiday gift. Christmas is the dominant holiday for online gift basket purchases, in terms of penetration and spend.

All gift components were selected after careful review and product testing, and Columbus® chose California local accompaniments for its charcuterie when possible. In order to experience the world of charcuterie, Charcuterie 101 Collection has flavor combinations highlighting sweet and bold pairings that complement its slow aged, artisan salami flavor. A wooden charcuterie board in cherry and a cheese knife complete the starter kit. The Entertaining Collection satisfies a grazing table get-together or multiple family charcuterie nights. The collection of bold, spicy, rustic and sweet pairings of artisan salami, cheese, crackers and more make it possible to explore or entertain with charcuterie.

Included in the box is a “how to” guide, which offers practical tips for future use to help recipients assemble the perfect board. The guide takes the recipient through step-by-step instructions to create their board, breaking down the perfect bites, particularly the meat and cheese pairings.

“Everyone loves charcuterie—even people who haven’t had it yet,” said Inada. “That ‘wow’ factor you get after you make a board is special. We can make anybody a charcuterie pro. They just need to know which items to put next to each other and once they have the directions, they can go from there. One of the benefits of giving this as a gift is saving that person the time and effort it takes to select everything on their own.”

In addition to the collections, Felino Gold is a premium option, in a class of its own. Lauded as the “King of Salami,” the Columbus® Felino follows the famous recipe originating from its namesake in western Parma, Italy. Crafted using the best ingredients, including pork made with no antibiotics ever, fresh garlic and sherry wine, this artisan salami is slow-aged for a minimum of 30 days in a natural casing to develop its traditional, rustic flavor. The 2.5-pound Felino Gold arrives beautifully presented in a wooden box, perfect for gift giving.

“This is the most exclusive of the salami world right here,” Inada said. “We put it in a box of its own because it is special enough to be presented like you would a single, high-end bottle of wine. This is what makes salumi exciting—very rarely do you see a food trend where quality is driving it.”

Charcuterie 101 Collection retails for $109.99 Entertaining Collection retails for $159.99 and Felino Gold is $89.99.

Great care is taken in shipping the boxes, with the perishable items kept cold during delivery and each accompaniment wrapped distinctly in order to maintain its freshness and optimum temperature.

ABOUT COLUMBUS CRAFT MEATS
Founded in 1917, Columbus Craft Meats produces award-winning Italian salami and deli meats sold under the Columbus® brand. Its products are available at food retailers nationwide. Columbus Craft Meats is a subsidiary of Hormel Foods (NYSE: HRL). More information can be found at www.columbuscraftmeats.com

ABOUT HORMEL FOODS – INSPIRED PEOPLE. INSPIRED FOOD.™

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, Wholly® Guacamole, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the 11th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future – Inspired People. Inspired Food.™ – focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.

Contact:

Media Relations

507-434-6352


[email protected]  

 

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SOURCE Columbus Craft Meats

Discovery Chief Financial Officer Gunnar Wiedenfels To Present At The Morgan Stanley Virtual European Technology, Media & Telecom Conference

PR Newswire

SILVER SPRING, Md., Nov. 12, 2020 /PRNewswire/ — Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that Chief Financial Officer Gunnar Wiedenfels will present at the 2020 Morgan Stanley European TMT Conference on Wednesday, November 18, 2020 at 4:25 p.m. GMT (11:25 a.m. ET).

A link to the live webcast of the virtual presentation will be available in the “Investor Relations” section of Discovery’s website at https://corporate.discovery.com/. An on-demand replay of the webcast will be available on the Company’s Investor Relations website shortly after the conclusion of the presentation.


About Discovery:

Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. Available in 220 countries and territories and in nearly 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streaming services such as Eurosport Player, Food Network Kitchen and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmark natural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf. Discovery’s portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of locally relevant, premium sports and Home of the Olympic Games across Europe. For more information, please visit corporate.discovery.com and follow @DiscoveryIncTV across social platforms.

 

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SOURCE Discovery, Inc.