Connect with us

Technology

A record-breaking 2023 and a new era for Marshall

Published

on

STOCKHOLM, Feb. 15, 2024 /PRNewswire/ — Marshall Group delivered yet another year of profitable growth in 2023 with net sales breaking the 4 billion SEK barrier, increasing 29 percent compared to 2022. With growth across product categories, channels and regions, as well as hitting double-digit growth and profitability in all four quarters, 2023 was Marshall’s best year to date. 

2023 saw the creation of the Marshall Group with Marshall Amplification and Zound Industries coming together earlier in the year. Successfully integrating the two companies has been a big focus, and the Marshall brand maintained its growth momentum throughout the year while fuelling its premium position across the world. Total net sales amounted to MSEK 4,006.8 (3,102.0) for the full year and adjusted operating profit increased to MSEK 757.0 (427.1), equivalent to an adjusted operating margin of 18.9 percent (13.8%).

“It has been a historic year for everyone at Marshall. We delivered strong growth and profitability for the third year in a row while successfully integrating into the Marshall Group. We are unlocking the potential of the Marshall brand while staying true to its legacy and investing into the future”, says Jeremy de Maillard, CEO, Marshall Group.

“We have invested heavily into our manufacturing site for premium amps and in our recording studio in Milton Keynes over the past six months, making them world-class facilities to satisfy the needs of guitarists and musicians. We will enter new product categories in the next twelve months, providing the unique Marshall experience to our audience in more aspects of their lives. And we will soon launch an entirely new digital experience, bringing together the entire Marshall world and product offer on marshall.com.”

During the year Marshall launched iconic products across all key categories. The Studio JTM Amplifier in honour of what would have been Jim Marshall’s 100th birthday, an homage to the amp that started it all. The Motif II A.N.C, the latest generation of the well-received noise cancelling true wireless headphone. And the Middleton, the latest addition to the Marshall portable speaker range, with a quad-speaker set-up to ensure the ultimate immersive sound experience.

Pro forma numbers, which include Marshall Amplification and its subsidiaries for the full year, showed 18 percent revenue growth year on year, reaching MSEK 4,097.4 (3,458.3) in revenue and MSEK 789.4 (534.6) in profitability after adjustments for extraordinary items.

Over the last couple of years, the company has successfully reshaped its business model to counteract the historical seasonality of the business and to drive the brand premium positioning. Sales and profits are now more evenly spread across quarters, resulting in what is expected to be less volatile and more consistent growth across quarters going forward.

In the fourth quarter of 2023, net sales increased 13 percent to MSEK to 1,218.2 (1,078.6) and adjusted operating profit amounted to MSEK 211.6 (233.0), equivalent to an adjusted operating margin of 17.4 percent (21.6%).

“Just as in 2022 we have been profitable each quarter of 2023 while continuing to grow the business. The team has done a great job balancing sales and inventory across quarters to maintain our premium positioning in a market that has been heavily characterized by promotions and discounts this year. We have a strong financial position,” says Martin Axhamre, CFO & Deputy CEO, Marshall Group.

Marshall Group’s financial position has enabled the company to focus on integrating the two companies into one, delivering on the product roadmap while also investing in long term growth.

“It’s been incredible seeing the work of the teams over the last nine months, as they are really coming together as one. Marshall Group’s commitment to guitarists, supporting musicians and investing in our UK manufacturing is as strong as ever. I’m really excited about the future for Marshall,” says Terry Marshall, Board member, Marshall Group. 

The Marshall Group 2023 annual report will be published later this spring. 

For more information, please contact:
Frida Calderon, Senior Communications Manager, Marshall Group
press@marshall.com 

About Marshall Group
Marshall Group is the audio, tech and design powerhouse uniting musicians and music lovers through genre-breaking innovation. We are home to Marshall, Natal Drums, Urbanears, and adidas headphones. We gather around 800 highly talented people across 8 global locations and our products are sold in over 90 markets worldwide. Visit group.marshall.com for more information.

The following files are available for download:

https://mb.cision.com/Main/12217/3928955/2605876.pdf

Marshall Group Year-End – Press release_Final.pdf

https://news.cision.com/marshall-group/i/marshall-middleton,c3267678

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-studio-jtm,c3267673

Marshall Studio JTM

https://news.cision.com/marshall-group/i/marshall-studio-jtm,c3267671

Marshall Studio JTM

https://news.cision.com/marshall-group/i/marshall-middleton,c3267672

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-studio-jtm,c3267674

Marshall Studio JTM

https://news.cision.com/marshall-group/i/marshall-middleton,c3267675

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-middleton,c3267677

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-murals,c3267679

Marshall murals

https://news.cision.com/marshall-group/i/marshall-murals,c3267680

Marshall murals

https://news.cision.com/marshall-group/i/marshall-middleton,c3267683

Marshall Middleton

 

View original content:https://www.prnewswire.co.uk/news-releases/a-record-breaking-2023-and-a-new-era-for-marshall-302062570.html

Continue Reading

Technology

Technology Drives the Future of Travel: JETOUR Continues to Expand Its “Travel+” Ecosystem

Published

on

By

WUHU, China, Oct. 24, 2026 /PRNewswire/ — Expectations for travel are evolving: vehicles are no longer simply a means of reaching a destination, but travel companions that bring people closer to nature, serving as a “mobile third space.”

JETOUR continues to advance its “Travel+” strategy, integrating technological innovation, product development, and ecosystem building into real travel scenarios. From October 20 to 23, the 2026 JETOUR Global Technology Experience Day, themed “Future Travel Starts Now,” takes place across Wuhu, Anhui and Moganshan, Zhejiang, featuring technology experiences, on-road driving, outdoor living, and conservation activities.

Technological Innovation: Expanding the Possibilities of Travel

Backed by the Group’s expertise in AI, intelligent driving, smart cabins, and AiMOGA Robotics, JETOUR turns cutting-edge technology into experiences users can genuinely feel. The XWD Fully Automatic Intelligent 4WD, with 7+X one-touch modes, tackles mountain roads, gravel, and water crossings, while the GAIA All-Terrain Intelligent Architecture adapts to diverse terrain and C-DM hybrid technology balances performance with efficiency. On October 21, models with these technologies take on mountain-road test drives at Moganshan.

A Diverse Product Lineup: Enriching the Travel Experience

The G700 combines premium comfort with hardcore off-road capability, while the T1 and T2 suit both urban driving and light off-road adventures. Roof tents, onboard refrigerators, and other ecosystem equipment turn the vehicle into an all-round companion. JETOUR also hosts a camping market and a Starry Night Forum, bringing product features into real travel settings.

Ecosystem: Extending the Value of Travel

Travel is about understanding cultures and protecting nature as well as exploration. Participants visit Xiazhu Lake in Zhejiang for a crested ibis conservation initiative. Globally, JETOUR supports cheetah conservation in Africa, turtle conservation in Malaysia, harpy eagle conservation in Panama, and protection of Pakistan’s national animal, the markhor.

JETOUR has also partnered with Chile’s Colo-Colo, FIBA, and the Malaysia Marathon, broadening engagement with local culture, sport, and communities — giving “Travel+” an ever richer meaning.

JETOUR now joins travelers worldwide across city, mountain, and wetland, exploring new possibilities through the deeper integration of technology and travel.

ABOUT JETOUR

Launched in 2018, JETOUR follows the “Travel+” strategy and has entered over 100 countries and regions, with 2,000+ sales and after-sales outlets. Its lineup includes the T Series for light off-road and the G Series for the premium luxury off-road market, covering urban commuting, family road trips, outdoor camping, and long-distance journeys.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/technology-drives-the-future-of-travel-jetour-continues-to-expand-its-travel-ecosystem-302918650.html

SOURCE JETOUR

Continue Reading

Technology

Technology Drives the Future of Travel: JETOUR Continues to Expand Its “Travel+” Ecosystem

Published

on

By

WUHU, China, Oct. 24, 2026 /PRNewswire/ — Expectations for travel are evolving: vehicles are no longer simply a means of reaching a destination, but travel companions that bring people closer to nature, serving as a “mobile third space.”

JETOUR continues to advance its “Travel+” strategy, integrating technological innovation, product development, and ecosystem building into real travel scenarios. From October 20 to 23, the 2026 JETOUR Global Technology Experience Day, themed “Future Travel Starts Now,” takes place across Wuhu, Anhui and Moganshan, Zhejiang, featuring technology experiences, on-road driving, outdoor living, and conservation activities.

Technological Innovation: Expanding the Possibilities of Travel

Backed by the Group’s expertise in AI, intelligent driving, smart cabins, and AiMOGA Robotics, JETOUR turns cutting-edge technology into experiences users can genuinely feel. The XWD Fully Automatic Intelligent 4WD, with 7+X one-touch modes, tackles mountain roads, gravel, and water crossings, while the GAIA All-Terrain Intelligent Architecture adapts to diverse terrain and C-DM hybrid technology balances performance with efficiency. On October 21, models with these technologies take on mountain-road test drives at Moganshan.

A Diverse Product Lineup: Enriching the Travel Experience

The G700 combines premium comfort with hardcore off-road capability, while the T1 and T2 suit both urban driving and light off-road adventures. Roof tents, onboard refrigerators, and other ecosystem equipment turn the vehicle into an all-round companion. JETOUR also hosts a camping market and a Starry Night Forum, bringing product features into real travel settings.

Ecosystem: Extending the Value of Travel

Travel is about understanding cultures and protecting nature as well as exploration. Participants visit Xiazhu Lake in Zhejiang for a crested ibis conservation initiative. Globally, JETOUR supports cheetah conservation in Africa, turtle conservation in Malaysia, harpy eagle conservation in Panama, and protection of Pakistan’s national animal, the markhor.

JETOUR has also partnered with Chile’s Colo-Colo, FIBA, and the Malaysia Marathon, broadening engagement with local culture, sport, and communities — giving “Travel+” an ever richer meaning.

JETOUR now joins travelers worldwide across city, mountain, and wetland, exploring new possibilities through the deeper integration of technology and travel.

ABOUT JETOUR

Launched in 2018, JETOUR follows the “Travel+” strategy and has entered over 100 countries and regions, with 2,000+ sales and after-sales outlets. Its lineup includes the T Series for light off-road and the G Series for the premium luxury off-road market, covering urban commuting, family road trips, outdoor camping, and long-distance journeys.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/technology-drives-the-future-of-travel-jetour-continues-to-expand-its-travel-ecosystem-302918650.html

SOURCE JETOUR

Continue Reading

Technology

Best AI Tools for Marketing Content (2026): CapCut Recognized for Faster AI-Powered Video and Image Creation by Better Business Advice

Published

on

By

NEW YORK, Oct. 24, 2026 /PRNewswire/ — Better Business Advice has recognized CapCut in its 2026 coverage of the best AI tools for marketing content, highlighting its collection of AI-powered features for creating and editing videos, images, audio, and other campaign assets. The recognition reflects growing interest in tools that help transform creative concepts into usable marketing materials while reducing the manual work involved in production.

Best AI Marketing Tools

Seedance 2.0 – an AI video generation model that creates videos from text prompts or imagesSeedream – an AI image generation model that creates high-quality visuals from text prompts

AI-powered content creation is changing how businesses develop digital marketing campaigns. From promotional videos and product imagery to social media graphics and branded audio, organizations face growing demand for creative assets across multiple digital channels. Tools that simplify production and support faster experimentation are becoming an increasingly important part of modern marketing workflows.

CapCut offers a range of AI-assisted capabilities covering several stages of content creation. These include text-based video generation, AI image generation, background removal, image expansion, music generation, and photo animation. Together, the tools provide options for producing marketing assets for social media, digital advertising, product promotions, and other online campaigns.

AI Video Generation Supports Promotional Campaigns

Video is an important format for communicating product information, presenting services, and building audience engagement. However, producing video content regularly can require significant planning, editing, and creative resources.

CapCut’s Seedance 2.0 AI video generator supports prompt-based video creation. Users can describe a creative concept and generate video content that serves as a starting point for further development.

The capability can support promotional videos, product showcases, educational content, and social media campaigns. It also gives creators a way to explore different visual approaches during the planning stage before refining the selected direction.

For businesses producing content across multiple channels, AI-assisted video generation can help reduce the effort required to develop initial concepts. Generated material can then be reviewed and edited to align with campaign objectives, brand guidelines, and platform requirements.

Image Generation Helps Develop Marketing Concepts

Visual assets influence how products, services, and campaigns are presented to audiences. Developing suitable imagery often involves several rounds of brainstorming and creative testing before a final direction is selected.

CapCut’s Seedream AI image generator enables users to create images from text prompts. The tool can support concept drafts, campaign planning, and experimentation with different visual styles.

For example, a seasonal marketing campaign may require several approaches to backgrounds, compositions, and visual themes. AI-generated drafts can help illustrate those options before resources are committed to final production.

CapCut’s GPT Image 2 provides another option for generating images from natural language instructions. The feature can support the development of promotional graphics, campaign imagery, and other visual assets.

These tools help shorten the early stages of creative development by making it easier to turn written ideas into visual references. Human review remains important to ensure the resulting assets accurately represent the product and meet the campaign’s requirements.

Image Editing Simplifies Asset Preparation

AI image generation is only one part of preparing content for publication. Existing photographs and graphics often need adjustments before they can be used across marketing channels.

CapCut’s AI background removal tool helps separate subjects from their original backgrounds. This can be useful when preparing product images, promotional graphics, and other assets that require a different visual setting.

The AI Image Extender addresses the challenge of adapting images to different layouts. By generating content beyond an image’s original boundaries, the tool can help users adjust compositions for different formats without relying entirely on cropping or stretching.

These capabilities can support the preparation of visuals for social media posts, website banners, digital advertisements, and product promotions. They also provide options for repurposing existing creative assets instead of producing entirely new images for every placement.

AI Audio and Photo Animation Expand Creative Options

Marketing content often combines visuals, movement, and sound to communicate a message. Producing these elements separately can add complexity to the creative process.

CapCut’s SeedMusic AI audio generator supports AI-assisted music creation based on creative prompts. Generated music can be used as a starting point for videos, promotional campaigns, and other multimedia projects, subject to appropriate review and usage requirements.

The platform’s Photo-to-3D tool offers another way to adapt still images into more dynamic visual content. This capability can help transform existing photography into animated presentations for product showcases, social media, and digital promotions.

By supporting audio creation and image animation alongside video and image tools, CapCut provides additional options for developing varied marketing materials.

A Connected Workflow for Marketing Content

CapCut’s collection of AI-powered features supports several stages of campaign production within one creative environment. A project could begin with concept images generated through Seedream, followed by visual development with GPT Image 2. Background removal and image expansion can then help prepare assets for different placements.

Selected visuals can be incorporated into video projects using Seedance 2.0, while SeedMusic offers an option for developing accompanying audio. Photo-to-3D can provide another format for repurposing existing images.

Not every campaign requires all these capabilities. Their practical value depends on the content format, production requirements, and intended audience. Reviewing generated assets for accuracy, visual consistency, and suitability remains essential before publication.

Better Business Advice’s recognition of CapCut reflects the growing role of AI-assisted production in digital marketing. As businesses continue to develop content for multiple channels, tools that support video creation, image generation, editing, and multimedia production can help simplify creative workflows while leaving room for human direction and quality control.

The full article can be read at the Better Business Advice website.

About CapCut

CapCut is an AI-powered photo and video editing platform designed to make high-quality video creation accessible across devices. The platform supports creators, businesses, and everyday users with tools for video editing, AI video generation, captions, templates, audio, and visual editing. CapCut is available across mobile, web, desktop, and iPad experiences, helping users create, edit, and prepare video content for social media, marketing, education, and personal projects.

About Better Business Advice: Better Business Advice covers the news and strategies driving modern business success. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided.

View original content:https://www.prnewswire.com/news-releases/best-ai-tools-for-marketing-content-2026-capcut-recognized-for-faster-ai-powered-video-and-image-creation-by-better-business-advice-302918030.html

SOURCE BetterBusinessAdvice.com

Continue Reading

Trending