Monthly Archive: October 2023

Birkenstock IPO: Can the Sandal-Maker Be the Next Big Footwear Stock?

When you think of growth stocks, you probably don’t think of footwear makers, but the industry has had a surprising number of big winners in recent history. Nike (NYSE: NKE) is likely the best known of the group, and the Swoosh has delivered monster returns over its history.

But more recently, other footwork stocks have shined. These include Deckers Outdoor, the parent of the Ugg, Hoka, and Teva brands; Crocs; and Skechers USA. All have outperformed both Nike and the S&P 500 by a wide margin over the last decade, as the chart below shows:

CROX Chart

CROX data by YCharts.

Unlike much of the broader apparel industry, footwear companies benefit from strong branding. And demand for casual footwear has been strong over the last decade, driven in part by the remote-work trend kicked off by the COVID-19 pandemic.

Now, Birkenstock Holding (BIRK 1.24%) has become the latest company to enter the fray. The 249-year-old company went public on Wednesday, but the debut was not so well-received; the stock finished the session down 12.6% from its $46 listing price.

However, investors shouldn’t write off Birkenstock on the basis of a weak opening day. Let’s take a closer look at what the footwear stock offers to see if it can repeat the performance of peers like Deckers.

A person walks a dog while dressed in athletic clothes and shoes.

Image source: Getty Images.

A big step forward

Birkenstock has been well-known for its leather sandals for generations, Over the last decade the company has reinvented itself, in part due to the influence of new investors, and its growth has been impressive. Revenue has risen by more than 300% from 2014 to 2022, for a 20% compound annual growth rate, reaching 1.24 billion euros last year.

Its growth took off after the Birkenstock family brought in its first outside

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PA Construction Assoc. donates golf tournament proceeds to KIN Enterprises

(From left to right) Regan Grimwood, Jeremy Lavoie and Dan Yungwirth, all with the Prince Albert Construction Association, and Shawn Elder and Hillary Brahniuk with KIN Enterprises. – Jayda Taylor/Daily Herald

The Prince Albert Construction Association (PACA) has made a donation towards support for people with intellectual disabilities.

On Monday, PACA members gave KIN Enterprises just over $1,500. 

The money came from its annual golf tournament at Cooke Municipal Golf Course. President Dan Yungwirth said the tournament sold out with 144 golfers from across Saskatchewan.

“We’re just happy to support organizations like KIN in the community. It’s one of those organizations that works behind the scenes, but helps make the community work, and we’re happy to support that,” he said.

Yungwirth said the committee chooses a different charity or organization each year to donate proceeds from the tournament. They’ve donated several times to the food bank in the past, he said.

PACA represents the area’s construction industry, including general contractors, subcontractors, and mechanical, electrical and alarm companies. It also works with construction associations on the provincial and national level, along with other trade-based groups.

“We’ll definitely use the money to provide supports and maybe outings in the community, trips for our participants. They’ll be very thankful and appreciative,” said Hillary Brahniuk, KIN’s director of programs and services.

This summer, for example, they went to the Kinsmen Water Park in Prince Albert and Saskatoon’s Forestry Farm Park and Zoo and Western Development Museum.

The organization also helps people with intellectual disabilities find jobs.

“We get so much satisfaction out of our jobs, seeing that enjoyment and love,” she said.

The 40th Street Grill, next to its main building, includes participants in operating the restaurant. According to the KIN Enterprises website, this inclusion teaches people with disabilities practical skills such as cooking,

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Web Developer Reviews and Advice

Many web developers work full time, although work hours can vary greatly. Those who work for a startup may work longer hours or less traditional hours than those who work for an established company. But the work schedule can also vary by individual project, project volume and clients’ schedules.

“My typical (schedule) is a 9-to-5, excepting circumstances like trying to launch a new project when you can’t do it during peak hours of the day because there are people visiting the website you’re about to replace,” Panik says. “So if it’s an existing site, and you’re building a new one to replace it, you’ve got to do it in the middle of the night, when traffic is historically low.”

In 2020, 18% of web developers and digital designers in the U.S. were self-employed, according to the BLS. Fifteen percent worked for computer systems design and related services, while 9% worked for publishing industries (other than the internet); 5% worked in management, scientific, and technical consulting services; and 4% in advertising, public relations and related services.

Advancement opportunities depend on an organization’s structure and the career path a developer wants to take. Web developers can work their way up from entry-level positions to roles like technical lead, director or senior engineer. Those who advance usually exhibit effective communication skills in addition to technical skills and a commitment to lifelong learning in an ever-changing environment.

“That’s what gets you put in front of clients. It’s what gets you put in front of nontechnical folks,” Panik says. “If you couple good technical skill with good knowledge of what’s out there and also be personable and able to communicate your ideas, I think you have huge potential for advancement.”

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West Midlands Gigafactory in “advanced discussions” with Asian battery makers | News

The West Midlands Gigafactory (WMG) has confirmed it is in “advanced discussions” with multiple prominent Asian battery manufacturers regarding prospective investments at the EV-critical site. WMG; a public-private joint venture between Coventry Airport and Coventry City Council is perfectly placed to have a significant impact on the electrification drive in the UK, with this latest announcement bringing it one step closer to full-scale ramp up.

Situated at the epicentre of UK automotive production and the nation’s skills capital in Coventry, WMG stands as the only UK site with the necessary planning permissions for a large-scale battery production facility.

The West Midlands Gigafactory will be one of the key players in the UK's electrification drive

The site has a potential annual capacity of up to 60GWh, equating to the energy required to power 600,000 EVs. WMG represents a truly significant milestone for UK battery manufacturing and the drive towards electrification, offering an integrated solution encompassing battery research, industrialisation, manufacturing, testing, recycling and electrified logistics, all of which are aimed at fostering the nation’s burgeoning battery ecosystem.

Addressing the audience at the Labour Party Conference on Monday, Cllr Jim O’Boyle, Cabinet Member for Jobs, Regeneration, and Climate Change at Coventry City Council, said: “The West Midlands Gigafactory site in Coventry emerges as an ideal location, providing prospective investors with a comprehensive solution for battery manufacturing, research, industrialization, and recycling.

“Furthermore, we are strategically positioned to be designated as an Investment Zone, which will bring forth substantial tax incentives and benefits for potential investors. We are delighted to announce that we are currently engaged in advanced discussions with prominent Asian battery manufacturers keen to establish their presence in the UK.

WMG will be one of the most significant transformations in UK industrial skills in a generation

“With the backing of the UK Government, we aim to secure an investor and further solidify our region’s leadership role in the transition towards electrification.

WMG will foster one of the most significant transformations in UK industrial skills

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Construction pros, hobbyists up for skills acquirement with Bostik Academy


August 28, 2023 | 12:00am

Whether you’re a professional builder or just want to gain DIY skills, here’s the ultimate expert training you need. 

Level up your team’s construction skills or become the ultimate household handyman at the Bostik Academy, a one-stop resource hub that offers training in various areas of construction to guide you as you build from the ground up.

Run by seasoned experts from global adhesives specialist Bostik, the academy offers seminars both online and on-site, with programs tailor-made for your needs. 

“Bostik Academy provides a unique learning opportunity to anyone interested in construction, from hobbyists and DIYers to professional builders and construction companies hoping to upskill their crew. Our courses give our trainees knowledge on the latest methods, innovations and technologies in construction that will help them work smarter and build better,” said Fides Kasman, Bostik PH Market Development Director.

At Bostik Academy, highly trained construction professionals facilitate courses that run the gamut of the construction process, from wall preparation and water-proofing, to tiling, flooring and the use of sealants, epoxies and adhesives. 

Other than on-ground training, Bostik Academy also provides online resources through a technical video center that offers a rich menu of instructional videos. Here, you can easily access expert-approved step-by-step tutorials, hacks and tips that will help you at any point of your build journey. 

If you’re searching for a how-to on glazing or insulation or want to learn how to properly use grabs and adhesives, you can access Bostik Academy videos anytime, anywhere, on any mobile device. You may also access a list of technical support contacts if you need further help. 

Whether in person or online, the Bostik Academy also offers a comprehensive view of Bostik’s product catalogue, with an array of top-quality construction materials. Trainees will have access to

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Web development tools, frameworks evolve quickly

Changes in technology have led to changes in how web applications are created. And that has caused some consternation among web developers.

A decade ago, the development choice was to use .NET or Java, which meant WPF or ASP.NET for Microsoft developers. Java has been a bread-and-butter language for a long time, so that’s a safe bet. And Microsoft was known for 10-plus years of support for technologies, and even when they changed, the company always made sure everything was backward-compatible. So that was also seen as a safe bet.

Today, according to Jason Beres of Infragistics, “Now we go to this new modern web, there’s a dozen frameworks I could choose from – in fact, there could be a dozen frameworks coming out every day.” With more language options, platforms and libraries to choose from, developers often find themselves asking, ‘Which is the right one for my project? How can I keep track of what all of these have to offer?’ People want the right answer, but as in most things in development tools and languages, there is no one right answer.

Beres said that in a recent talk by Gartner analyst Mark Driver that he attended, “He basically said the issue with the enterprise today is because there are so many choices, and the web is moving so fast, that anything you decide to use today you’re going to throw out in five years, you’re going to throw out in three years.”

If you know that going into it, Beres said, it frees up all this stress and anxiety over choosing a platform – you can only future-proof based on what you know today, based on available frameworks and their respective features. “The hard part,” he said, “is overcoming the fact that, ‘If you wrote a

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Celebrations as Chesterfield based marketing agency picks up a major industry award

CNS Media went up against the likes of Saatchi & Saatchi, one of the most influential creative companies in the UK, to win the well-recognised <a href=industry accolade. (Photo: submit)” bad-src=”https://s.yimg.com/ny/api/res/1.2/q75bo9ChFi8q56k3LiUXOg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMA–/https://media.zenfs.com/en/derbyshire_times_954/6c6b83c8f0f11b5c674e2026aeffe551″ src=”https://s.yimg.com/ny/api/res/1.2/q75bo9ChFi8q56k3LiUXOg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMA–/https://media.zenfs.com/en/derbyshire_times_954/6c6b83c8f0f11b5c674e2026aeffe551″/

CNS Media went up against the likes of Saatchi & Saatchi, one of the most influential creative companies in the UK, to win the well-recognised industry accolade. (Photo: submit)

CNS Media won the prestigious marketing award for Best Media Buying Agency from the UK Agency Awards in London.

CNS Media is incredibly proud to have been recognised for its media buying capabilities and continued success as an industry expert in this field.

A prominent partner of Sky and numerous other media outlets, including ITV and Channel 4, CNS Media have always boasted incredible buying power alongside their numerous other marketing outputs.

The company was initially founded in Chesterfield by marketing experts Andy and Nicola Hattersely and Ev Mascarenhas, who, before starting CNS Media, worked for many years with great success in the digital, media and radio industries.

Joint CEO Andy Hattersley commented: “We’ve been one of the leading agencies in the media industry for a long time, and it’s great to see that we have received recognition for our team‘s hard work and expertise in this area.”

Going from strength to strength, the company started from a small team and now has 30 highly skilled and experienced staff members, offering all areas of marketing from TV and outdoor to social media and digital.

As well as growing their teams, they have also taken on numerous high-profile clients from all industries, including Trade Centre UK, VK Drinks, Grape Tree and KFC just to name a few.

Visit the website to learn more about their services and how they can help you with your next marketing campaign.

Or get in touch on 01246 866275, and one of the CNS Media team members will happily assist you.

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Nearly $5,000 in signs have been stolen from construction sites in Idaho Falls since April, company says

IDAHO FALLS – Construction sites are dealing with a substantial increase in theft of signs and dangerous driving this year, putting workers safety in jeopardy and plans behind schedule.

According to Idaho Traffic Safety, at least $4,719 in construction signage equipment has been reported stolen in Idaho Falls since April 17.

“I know that many people see the name of our company, Idaho Traffic Safety, and they assume that we are a government-funded company. However, we are a privately owned company. We are currently a woman-owned business,” says Dustin Smith, a bid estimator and project manager for Idaho Traffic Safety. “When signs are stolen from a project, there are more costs than just a lost sign.”

Smith says when a sign is stolen, not only do they lose the money it took to make that sign, but if they don’t have a replacement in stock, they have to make a new one to replace it and pay a contractor to go out to the construction site and set up the new equipment.

This process can happen multiple times a day.

“When there are a lot of signs that have been stolen from a project, the contractor and the traffic control company start to take a loss,” says Smith. “That can affect the future of the project as well as any future projects in the area.”

Local construction workers are also seeing increased dangers on the job. According to HK contractors, their employees are seeing a drastic jump in people driving through active work sites and moving road closed signs in order to get through a closed work area.

“I know there’s a lot of frustration about the construction in town just because there are so many projects going on with all of the different companies, but our main concern is

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Sustainable Development Goals .:. Sustainable Development Knowledge Platform

Sustainable Development Goals

sustainable <a href=development goals” /

End poverty in all its forms everywhere

End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Ensure healthy lives and promote well-being for all at all ages

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Achieve gender equality and empower all women and girls

Ensure availability and sustainable management of water and sanitation for all

Ensure access to affordable, reliable, sustainable and modern energy for all

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Reduce inequality within and among countries

Make cities and human settlements inclusive, safe, resilient and sustainable

Ensure sustainable consumption and production patterns

Take urgent action to combat climate change and its impacts*

Conserve and sustainably use the oceans, seas and marine resources for sustainable development

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Strengthen the means of implementation and revitalize the global partnership for sustainable development

The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the
future. At its heart are the 17 Sustainable
Development Goals (SDGs), which are an urgent call for action

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Study: What are the biggest shifts hitting the B2B marketing industries?

Marketing plays an increasingly important role in driving growth and innovation for businesses – and currently 62% of chief marketing officers have said that the customer experience has shifted from being sales-owned to marketing-owned.

These were the results from a global study from GroupM’s media agency EssenceMediacom which also revealed that 50% of CMOs plan to expand their marketing teams, and 29% see the most growth in data and technology teams. In fact, 70% of CMOs reported an increased marketing budget in the last three years that has been primarily allocated to data and technology. 

The report attributes marketing as a key area of growth as business-to-business customers expect experiences that are tailored to their needs, with 80% of respondents stressing the growing importance of customer centricity. Respondents have also highly ranked changes in buyer profiles as a reason why the B2B marketing approach has changed as buyers today prefer self-directed research over traditional sales pitches.

Don’t miss: B2B marketers eye influencer marketing, but fail at human-centricity

B2B marketers have also shared that there is an increase in customer data and the number of tools and technology to manage this data. Yet, the number one challenge for APAC marketers is understanding buyer needs as only half of respondents state that organisations prioritise sharing audience data.


Audience data continues to be under-utilised by companies as less than a quarter use AI to understand, segment and target buyers.

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As marketers need to adapt to a more customer-centric B2B buyer, many feel that they are given limited control over their organisation’s tech infrastructure and perceive that their tech stacks are not fully mature. 

The survey results reveal content development and distribution as a core marketing responsibility, second only to measurement highlighting the need for captivating content across the

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