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Yoshitsu’s London Warehouse To Assist In Fulfilling Increasing Demand In Europe

Benzinga

Yoshitsu Co. Ltd. (NASDAQ: TKLF), the Japanese retailer and wholesaler of beauty and health products, home goods and food, leased its first 2,362-square-foot warehouse in London. Leasing the warehouse is a significant move for the company, which has been enhancing its warehouse operations and solidifying its customer services to support global expansion in Europe. The warehouse, at Unit 5, Hanover West Industrial Estate, 161 Acton Lane, London, NW10 7NB, started operating on Oct. 25. It can keep up to 100 categories of products and store up to 50,000 items every one to 1½ months. The London warehouse comes a few weeks after the company leased its first warehouse of about 4,150 square feet in Texas, U.S. The new warehouse will improve access to inventory and augment customer services in the European region, Yoshitsu Co. Ltd Principal Executive Officer Mei Kanayama said of the recent development. "With the warehouse operation in London, we expect to effectively fulfill the increasing demand in the European markets for our products, boost our revenue in the region and improve our operating efficiency," Kanayama said. Europe's Beauty And Health Products Market In Europe, 72% of consumers use beauty and personal care products because they believe they are the key to maintaining a healthy and hygienic lifestyle, making the continent one of the world's largest markets for beauty and personal care products. Revenue for the market is expected to reach $119.7 billion in 2022, with a growth projection of $145.8 billion for 2023. By adding a new warehouse in Europe, Yoshitsu may optimize its fulfillment process and serve more customers quickly by shortening the delivery time, which could result in the company becoming a major player in the region. It also could reduce Yoshitsu's transportation costs, lower operating costs and increase the company's gross profit margins. About Yoshitsu Tokyo-based Yoshitsu has been in business for 15 years domestically and abroad. The firm has an extensive business network, including over 200 wholesale clients, numerous online stores in China, Korea and Japan, many company-operated stores in Japan and franchise stores in the United States, Canada, China (Hong Kong) and the United Kingdom. In addition to putting products in its retail and wholesale outlets worldwide, Yoshitsu says it also has its products stocked in many online stores across Japan, China (Hong Kong) and Korea. The company’s online stores, franchised stores and wholesale operations account for up to 95% of its revenue, which hit $221.51 million in 2021, up from $139.57 million in 2020. In the next five years, the firm plans to grow its sales by opening an additional 50 stores — 10 of these in Japan and another 10 spread across franchised locations in the U.S., Canada, Australia, China (Hong Kong) and the U.K. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 16, 2022 08:15 AM Eastern Standard Time

Hoonartek Expands its Presence into US

Hoonartek

Hoonartek a global data, lending and analytics service provider today announced its expansion in the US market with the opening of its first US center located in New Jersey. The launch comes along with the setting up of a new dedicated Ab Initio Centre of Excellence (COE) for the US, focused on innovation and solutions for existing and new clients in the region. This reinforces Hoonartek’s positioning as a preferred Ab Initio solution partner providing a full spectrum of offerings, including architecture & planning, program management, turnkey implementation, devops, and assurance, along with innovative managed services. The COE has been launched as part of Hoonartek’s larger strategy of extending their leadership capabilities in Ab Initio delivery and forging strategic collaborations in the US market focused on metadata automation, self-service, governance, cloud deployment, legacy transformation capabilities, and turnkey solutions. Speaking on the US expansion, Peeyoosh Pandey, CEO, Hoonartek, said, “The US is the centerpiece of the growth plan we have charted for ourselves. With a dedicated and skilled talent pool, robust infrastructure, and an estimated integration software market value of US$ 19.5bn by 2032, the US epitomizes the world’s most promising market for our services. We remain committed to contributing to this vast market by expanding our presence in the region. We offer innovative US businesses (and their offshore subsidiaries) excellence in delivering end-to-end solutions leveraging Ab Initio technology. With this launch, we are building on out over decade-long special relationship with Ab Initio in making our mutual US customers successful and replicating our success from the UK, Asia, Europe, and South Africa.” The Ab Initio Delivery COE will help Hoonartek drive actionable banking and digital-specific solutions and insights to help enterprises fully realize the potential of their data infrastructure. An 800+ consultants-strong boutique organization, Hoonartek is actively augmenting its talent in the US to scale its operations and drive technology solutions through the COE. Congratulating Hoonartek on the launch of the Ab Initio Delivery COE and US expansion, Ab Initio Head of International Operations, Alan Parker said, “For over a decade, Hoonartek has been a trusted Ab Initio partner and has deployed transformative Ab Initio centric solutions for many customers. We believe their focus on innovation, delivery and quality will continue to make our mutual customers successful. With exciting new releases coming from Ab Initio in cloud, data fabric, and active metadata our customers will have more opportunities than ever to benefit from Hoonartek’s expertise and add value to their operations.” The new center will leverage Hoonartek’s innovative accelerators and frameworks for Ab Initio to drive automation, self-service, governance, cloud deployment, and legacy transformation. The suite of accelerators will help customers and their business stakeholders rapidly deploy modern data fabric-centric architectures. “We are constantly looking to help our customers be successful. We aim to do this by helping our customers make more out of their existing investments in Ab Initio and complementing our background in lending, cloud, and building data/metadata products,” Pandey further added. Hiren Thakkar, CTO, Hoonartek said, “High-performance data platforms are increasingly becoming necessary for the growth of complex organizations. These platforms are critical for business agility, automation and self-service and should have the potential to adapt to new realities in the ever-evolving world of business computing. Our capabilities in true transformative data engineering and our skilled devops teams put us in a strong position to help clients understand huge amounts of changing data, enabling them to make insightful decisions and automate solutions leveraging the power of Ab Initio. The launch of Hoonartek US Ab Initio Delivery COE will position us closer to our customer teams onsite and help us leverage our market expertise with them in their journey of excellence.” Contact Details Consocia Advisory Som Sengupta +91 88618 22111 ssengupta@consociaadvisory.com Company Website http://www.hoonartek.com/

November 16, 2022 08:00 AM Eastern Standard Time

IBM and Algorithmiq join forces to pave the way toward useful quantum advantage for quantum chemistry

Algorithmiq

Algorithmiq, a Helsinki-based quantum computing startup, has entered into an engagement with IBM to progress in its exploration of quantum algorithms that attempt to solve complex issues in life sciences. This collaboration brings together IBM's world-leading hardware, software and quantum applications expertise with Algorithmiq's cutting-edge algorithm developers, to explore ways to dramatically cut the time and cost of drug discovery and development. The work will also contribute any work produced to Qiskit, an open-source SDK for quantum computers, with the aim of promoting and developing this nascent ecosystem. As part of the engagement, Algorithmiq will become part of the IBM Quantum Network. IBM’s researchers are collaborating with Algorithmiq to address how to overcome the main bottlenecks in today’s noisy quantum hardware, such as limited speed, accuracy, and scale, for large quantum chemistry simulations. Algorithmiq’s novel measurement techniques have shown to greatly reduce runtime in hybrid quantum-classical algorithms. In addition, Algorithmiq’s post-processing strategies for error mitigation have shown to significantly improve the accuracy of quantum chemistry simulations. Therefore, this collaboration looks to yield promising results to boost the performance of quantum algorithms on near-term quantum technology. Founded by a team of world-leading academics in the field, Algorithmiq is focused on leveraging the power of quantum computing so that new drugs can be explored and eventually brought to market, and cost-effectively, leading to precise medical treatments. On average, it currently takes around a decade and $1 billion for a new drug to get to market. Algorithmiq's advances are estimated to reduce the time-to-market of new, more efficient and less harmful drugs, significantly. Algorithmiq's mission is to prevent and cure diseases by exploiting the power of quantum computing combined with a complex systems approach to drug discovery and development. Sabrina Maniscalco, CEO and co-founder of Algorithmiq: “We are delighted to collaborate with IBM as we look to combine our world-leading quantum algorithms with IBM’s best-in-class hardware and quantum chemistry expertise toward realising the full potential of the technology for quantum chemistry simulations. Quantum computing holds the key to revolutionising the process of drug discovery and development. We couldn’t be more thrilled to be collaborating with a giant of the technology industry in our pursuit of this mission, placing ourselves at the forefront of innovation and the race to prove useful quantum advantage in the space.” Guillermo Garcia Perez, CSO and co-founder of Algorithmiq: “ Whilst unleashing the full power of quantum simulations will likely require fault-tolerant quantum computers, near-term devices like those developed by IBM, combined with our novel algorithms based on informationally complete data, are today already showing progress toward the demonstration of a quantum advantage for chemistry. This is a steppingstone for any application of quantum computers to Life Sciences.” Ivano Tavernelli, Global Leader for Advanced Algorithms for Quantum Simulations, IBM Research: “IBM believes the demonstration of quantum advantage in areas such as quantum chemistry is possible this decade. So, we are excited to collaborate with Algorithmiq in our efforts to push the industry forward, and we are glad to see the promising results they have achieved to date in improving the performance of near-term quantum algorithms. We are glad to support Algorithmiq’s ambition through the IBM Quantum Network, and believe that the company’s work could be pivotal in carving a path towards demonstrating quantum advantage with near-term quantum algorithms.” About Algorithmiq Algorithmiq develops software and quantum algorithms to solve complex issues in life sciences, with the mission to significantly reduce the time and cost it takes for pharma companies to bring new drugs for diseases to market. Based in Helsinki, the company is led by a team of ambitious, world-leading academics in quantum computing and is one of the only software companies specifically focused on optimising algorithms for NISQ to impact the drug discovery pipeline. In February 2022, the startup announced a $4m seed round backed by investment from Tiger Global, K5 Global and numerous angel investors. Alongside Co-Founder and CEO Professor Sabrina Maniscalco on Algorithmiq’s Board are:- Co-Founder and DeepMind advisor Dr Jussi Westergren; Jorma Ollila, former CEO and Chairman of Nokia; and Haakon Overli, founding General Partner at Dawn Capital, who sit on the board. About IBM For more information, visit https://www.ibm.com/quantum Contact Details Algorithmiq Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://algorithmiq.fi/

November 16, 2022 06:00 AM Eastern Standard Time

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Holiday Kickoff with Tech Life Expert Stephanie Humphrey

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

November 16, 2022 06:00 AM Eastern Standard Time

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Stagwell (STGW) Agency Assembly joins The Attention Council

Assembly

Omnichannel media agency Assembly, part of Stagwell (NASDAQ: STGW), has joined The Attention Council as an agency member, further bolstering its commitment to meet the mixed media demands of its burgeoning global client cohort. The Attention Council is a coalition of advertising technology companies committed to promoting attention as a primary metric for understanding advertising and increasing advocacy for the wider adoption of cross-platform attention metrics in the planning, buying, and selling of media. Andy Brown, CEO of TAC, commented, “I am delighted to welcome Assembly to The Attention Council. They join at a time of major growth for use of attention metrics in the media and marketing industry. I look forward to them playing an important role in the evolution in the coming years”. Joel Coppersmith, Global Head of Measurement & Effectiveness at Assembly, added, "The media landscape has evolved and so have the ways in which consumers and media interact. There is a lot still to learn as we seek ways to improve the effectiveness of media and advertising at driving business outcomes.” “The value and use of attention and attention-based metrics is a fascinating, and hotly debated, topic that may shed light on how we can deliver better advertising, and Assembly is delighted to be part of driving that conversation forward". ABOUT ASSEMBLY: Assembly is the modern global omnichannel media agency, bringing data, talent, and technology together to find the change that fuels growth for the best brands on the planet. Our approach connects big, bold brand stories with integrated, global media capabilities that deliver performance and drive large-scale business growth. Our work is powered by our proprietary, in-house technology solution, STAGE, and led by our global talent base of over 1,600 people around the world. We’re purpose-driven at our core and pioneers in social and environmental impact in the agency world. Assembly is a proud member of Stagwell, the challenger network built to transform marketing. Visit www.assemblyglobal.com Contact Details Assembly Gunilla Huddleston, VP of Marketing, EMEA gunilla.huddleston@assemblyglobal.com Company Website https://www.assemblyglobal.com/

November 16, 2022 04:00 AM Eastern Standard Time

CO2oons! NEW WEB3 CLIMATE CHANGE ENTERTAINMENT COMPANY LAUNCHES at COP27: The UNITED NATIONS CLIMATE CHANGE CONFERENCE

CO2oons

November 15, 2022 - Co-Founder & CEO, David Villaseñor, and Co-Founder Matteo Petrelli, today announced the launch of CO2oons, a new company born with the goal of changing the way people think about, and engage, with the climate change conversation. CO2oons will partner and collaborate with the world’s top brands to create consumer products, educational initiatives, films, serial content and events all centered around the company’s original IP: a population of creatures living in Earth’s near future, that have evolved out of the effects of climate change and are now the only living things on the planet. David Villaseñor, Co-Founder & CEO said: “The core of our idea is this: we will use entertainment to build a mainstream, recognized global brand in the climate arena that will inspire and connect with audiences in a way that only beloved characters and stories are able to do. We must find new and innovative ways to attract people to become involved in the fight to save our planet, and we believe that making the conversation entertaining could be an important part of the solution.” CO2oons’ leadership team includes: Co-founder & CEO David Villaseñor, also serving as Director of Operations of Earth Uprising International, a global youth-led climate justice organization founded by his daughter, internationally recognized teenage climate activist Alexandria Villaseñor; Pete Johnson, Co-founder & Chief Creative and Marketing Officer, most recently Global Head of Creative at The LEGO Agency; Ahmet Can, Co-founder & COO, 20-year veteran of the start-up world having scaled several global organizations with three successful exits; and Matteo Petrelli, Co-founder and CEO of Exeest, a leading B2B platform for licensing/purchasing of film and TV rights. The announcement was made from the stage during the CO2oons hosted panel, “ Blockchain, Climate, Corporations and Regulations” at The Earth Day Pavillion during the COP27 conference. CO2oons brought together panelists Rev. Lennox Yearwood Jr, CEO of Hip Hop Caucus and Senior Advisor of Bloomberg Philanthropies; AY Young, climate activist, producer, singer and entrepreneur; and Miles Austin, CEO of Hyphen Global AG, Managing Director of CPG Capital to discuss the intersections, the misconceptions, the upcoming regulations and the potential possibilities Web3 can bring to climate change. Panelists shared perspectives on the role of Fortune 500 companies and what they could be doing to help fight the climate crisis, the real impacts that Blockchains have and will have in the environmental space, and the role that entertainment and a more engaging way of communicating can have. CO2oons is hosting a second panel on November 17th at 11am GMT+2 at the Earth Day Pavillion: “CO2oons! Bringing the Youth Climate Movement to Web3”, featuring Steve Wallace, Official Institutions & Advocacy, Global Lead at Polygon Technology; Alexandria Villasenōr, Co-founder of U.S. Climate Strikes and Earth Uprising International; Seb Lindner, co-founder of Web3daily; and Matteo Petrelli, co-founder of Co2oons. Both panels can be viewed here. The idea behind CO2oons is to create an imaginary world that can attract and entertain global audiences, using many forms of storytelling, and help raise awareness about the status of our climate (in a fun and engaging way!) With CO2oons, we’ve created an IP that will first launch as an NFT collection and then evolve to become much more. We will partner and collaborate with the world’s top brands to create consumer products, educational initiatives, films, serial content, events and much more. We want our creatures everywhere, raising awareness and inspiring action not just from NGOs, activists and a small group of corporations, but from the largest audience possible. We believe that by making the conversation fun we will be able to reach a broader audience and to capture the interest of more people, in a more personal and active way. Contact Details CO2oons Lauren Hurvitz laurenhurvitz@gmail.com Company Website https://co2oons.com/

November 15, 2022 03:26 PM Eastern Standard Time

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Accesso Technology Group sees "phenomenal" post-covid growth in leisure spending

Accesso Technology Group PLC

Contact Details Proactive Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

November 15, 2022 10:26 AM Eastern Standard Time

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Effectiv and Vouched Partner to Fight Fraud, Stay Compliant and Secure Consumer Identities for Fintechs, Credit Unions and Banks

Effectiv

The importance of preventing fraud through quick and accurate identification verification has never been higher. Combining that with taking away the headaches around KYC and AML compliance means that financial institutions and fintechs can focus more on growing their business and serving their customers. Vouched, a leading provider of AI for KYC, IDV, and end-to-end fraud detection, and Effectiv, a fraud and compliance automation platform, announce a new partnership that enables customers to verify and onboard users within an omnichannel environment in real-time. “ Our partnership with Vouched strengthens the fight against identity theft, fraud, and KYC/AML compliance which aligns perfectly with Effectiv's solution that enables financial service providers and fintechs to protect consumer identities and accelerate onboarding,” said Ravi Sandepudi, CEO, Effectiv. “ We’re thrilled to partner with Vouched to help customers manage risk and financial crime.” “ We're excited to be working with Effectiv to address the challenges that consumer identity verification, fighting fraud and KYC compliance pose for financial organizations," said John Baird, CEO, Vouched. " Effectiv's real-time online fraud risk management and compliance solutions help empower businesses to seamlessly leverage our AI-empowered identity verification onboarding solutions." About Effectiv Effectiv provides a fraud and compliance automation platform for fintechs, mid-sized banks, and credit unions. Its mission is to automate compliance needs while helping customers manage fraud with a best-in-class solution combining human and artificial intelligence interaction. Built by a team who enabled enterprises like U.S. Bank, Chime, Google, PayPal, and Walmart to manage fraud and risk at scale, Effectiv’s solutions utilize hundreds of industry-leading data sources helping financial institutions utilize expert-built solutions that come pre-integrated with best-in-class data intelligence. About Vouched Vouched is award-winning artificial intelligence and computer vision that powers end-to-end visual identity verification, KYC, and fraud detection online in real-time globally. An expert in government-issued identity documents worldwide, Vouched helps banks, fintechs, healthcare providers, automotive dealers and companies in various other industries verify and onboard users to provide access to life’s most critical services instantly. Media Contacts: Effectiv: hello@effectiv.ai Vouched: press@vouched.id Contact Details Effectiv Media contact hello@effectiv.ai Company Website http://effectiv.ai/

November 15, 2022 10:00 AM Eastern Standard Time

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World Champion Fantasy Signs First-Ever Strategic Esports Data and Streaming Partnership with Edgio

World Champion Fantasy

World Champion Fantasy (WCF), the world’s first online fantasy esports platform, announced a strategic esports partnership with Edgio to power the upcoming release of PlayerX. The exclusive partnership will leverage Edgio’s industry-leading Uplynk platform that enables World Champion Fantasy to go to market quickly with PlayerX and scale operations with a fraction of the resources. For the first time, streaming video will be synced with player data (e.g., kills, headshots) from esports tournaments. Player and team statistics will automatically be tagged, cataloged, and uploaded as searchable video clips -- allowing fans on World Champion Fantasy’s upcoming platform, PlayerX, to stream, promote, and share esports highlights as they happen. World Champion Fantasy’s PlayerX is an innovative platform combining elements of traditional fantasy sports with esports. PlayerX allows fans to assemble a dream team of esport athletes and then live stream games that simultaneously display insights and stats. PlayerX elevates the traditional fantasy sports experience by enabling fans to customize interactive avatars and theme music, providing expansive chat capabilities, and more. Another appealing feature is that PlayerX subscribers no longer have to search multiple platforms for the most up-to-date information and highlights of their favorite streamers and athletes. These features are available on one non-gambling platform suitable for all ages. “This is a big deal for the future of fantasy sports -- and Edgio understood this vision. This partnership puts the fantasy sports user experience front and center, utilizing data, engagement insights, and streaming capabilities to deliver dynamic and engaging fan experiences,” said Mike Vela, CEO of World Champion Fantasy. “The fantasy experience is one-dimensional, with users simply interacting with text and numbers. By incorporating real-time stats and video into our PlayerX platform, users can flex and troll their opponents, search and watch the best clips and share highlights with their friends and followers.” “Working with World Champion Fantasy, Edgio will provide our industry-leading technology and streaming solutions to one of the fastest growing and influential market segments - esports. This collaboration will help us better understand the needs and behaviors of our esports streaming customers and use those insights to improve our products and services,” said Bob Lyons, Edgio CEO. WCF’s PlayerX will officially launch fantasy games for Valorant and CSGO in Q1 2023, and later in 2023 will incorporate League of Legends and Call of Duty. For more information, please visit WorldChampionFantasy.com. About World Champion Fantasy World Champion Fantasy is the next generation of fantasy sports as the first platform of its kind pairing best-in-class technology and UX with the most exclusive content in esports. We are at the future of fantasy and at the forefront of the evolving esports industry creating an immersive real-time interactive competitive experience, live data and video feeds all on one platform. For more information on World Champion Fantasy, please visit: https://worldchampionfantasy.com Contact Details HPL Digital Sport for WCF Sterling Randle +1 801-319-6153 srandle@hotpaperlantern.com Company Website https://worldchampionfantasy.com/

November 15, 2022 09:00 AM Eastern Standard Time

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