Online crafts marketplace Etsy filed paperwork with the SEC today indicating that it intends to become a public company via an IPO worth at least $100 million. The IPO has been expected for months by financial industry analysts. Continue Reading →
There’s been lots of great announcements and good news this past week…let’s check out all of the updates!
Elsie Larson and Emma Chapman of A Beautiful Mess have announced a new monthly papercrafting subscription kit called the Messy Box. The kit, which is being produced in conjunction with Studio Calico, will retail for between $19.99 to $24.99 each month depending on subscription length. The Messy Box contents for March 2015 will include 9×12 paper, washi tape, a transparency, journal cards, and various embellishments. This is the second subscription product from the sister team at A Beautiful Mess, joining their Happy Mail stationery offering. Continue Reading →
Jo-Ann Fabric & Crafts has announced that Jill Soltau will be taking over as CEO effective March 2nd. Jim Kerr, the company’s CFO, had been serving as interim CEO since the sudden departure of CEO Travis Smith last August for undisclosed reasons. Jo-Ann’s is owned by private equity company Leonard Green & Partners, L.P.
Soltau is the former CEO of Shopko, having also spent time at Sears, Kohl’s and Carson Pirie Scott during her 25 year career in retail. She had been with Shopko since 2007.
“We are excited to partner with Jill as we continue to build upon Jo-Ann’s leading position in the fabric and craft industry. Jill’s passion, strategic vision and proven success make her an excellent leader for the company going forward,” said Todd Purdy, Partner, Leonard Green & Partners, L.P.
“For over 70 years, Jo-Ann has been inspiring the creativity in others and I am thrilled to join the team to help drive the brand’s future success,” said Ms. Soltau. “Jo-Ann is an industry leader that has exciting opportunities to achieve even greater long-term potential. I look forward to working with the talented management team and dedicated associates to bolster Jo-Ann’s market position and create further enthusiasm for the Jo-Ann brand.”
In NASCAR they call it “silly season” – that time of year where everyone plays musical chairs to new teams and new jobs. The scrapbook industry has its own version of silly season – that relatively quiet time after the big annual shows when companies line up their design talent for the next year.
Many new teams have been posted in the past week or so but some calls are still open. Here’s a round-up!
The Scrapbook Update Hot Picks bring you the buzz from CHA shows, but sometimes my personal taste varies from what is “hot” or there isn’t room to include all of the things that I think are exciting.
So in honor of Valentine’s Day, let’s do “Nancy’s Picks”, my personal list of what I fell in love with at the CHA Mega Show 2015.
First up is one of my favorite Instagrams from the show! I’ve always loved the concept of Faber-Castell’s Gelatos, but the color palette of brights and primaries left me really cold. Now though, they’ve released a palette of pastel colors for the line that I believe will increase the product lines usability for me (and a lot of other people). Plus it makes for very pretty rainbow pictures!
So, earlier this week, this happened:
A few of my readers may remember the Cricut party at CHA Summer 2010, where performance artist David Garibaldi created this painting of the Cricut bug live in front of the crowd of guests. It now hangs in the lobby of Provo Craft’s headquarters in South Jordan, Utah.
So what was I doing visiting the painting – and Provo Craft headquarters – this week? It’s time to share the details of my newest project with all of you!
During 2015, in addition to working on Scrapbook Update & Craft Critique like usual, I will be working with Provo Craft to run their Cricut Creativity Centers at their booths at select Scrapbook Expos around the U.S.:
- Grapevine, TX
- Pleasanton, CA
- Orlando, FL
- Anaheim, CA
- Chantilly, VA
- Duluth, GA
- Schaumburg, IL
- Denver, CO
At the Scrapbook Expos listed above, you can come visit the Cricut Creativity Center and have the chance to get hands-on with the latest Cricut technology. Cricut has just announced the release of the Cricut Explore Air machine, Design Space 2.0 software, and their long-awaited Design Space iPad app, so there will be a lot to check out. Come out and play with us! We’re going to be having fun!