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Monday 24 February 2014

BEST IN ONLINE SUPPLIER OF PRINTED AND PROMOTIONAL MATERIAL



Vistaprint is an online supplier of printed and promotional material and marketing services to micro businesses and consumers, specializing in print on demand products. In 2007 the company was listed in the annual Graphic Arts Monthly 101 listing, as the 40th largest (by revenue) and the 4th fastest growing printing company in North America. It is also the 6th largest public printing company (by market cap).
For the fiscal year 2012, revenue grew to $1,020.3 million, a 25 percent increase over revenue of $817.0 million in 2011. Excluding impact from currency exchange rate fluctuations and revenue from acquired business, total revenue grew 20 percent for the full year
Vistaprint was founded in Paris, France in 1995 by current President and CEO Robert Keane, immediately following his graduation from INSEAD Business School. The company moved to Massachusetts in 2000, in order to survive the burst of the dot-com bubble, the company’s staff was cut from 70 to 20, but in 2001 the company started turning a profit. Originally starting with business cards as its only product, the company expanded to postcards, letterhead, stamps, and return address labels.
In September 2005, the company went public with an initial public offering. Now publicly traded on the NASDAQ, Vistaprint had growth rates in the 50-60% range in 2007, according to its earnings statements. It opened a European office in Barcelona, Spain in September 2006. In 2009, Vistaprint relocated to Venlo, and the offices of the company president and CEO, Robert Keane, moved to a newly opened ParisFrance office along with Vistaprint's corporate strategy division


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