Welcome to our dedicated page for Perfect news (Ticker: PERF), a resource for investors and traders seeking the latest updates and insights on Perfect stock.
Perfect Corp (PERF) pioneers augmented reality beauty solutions that bridge digital innovation with consumer experiences. This news hub provides investors and industry observers with essential updates on the company's strategic initiatives and market position.
Access real-time announcements including earnings reports, product launches, and partnership developments. Our curated collection serves as your primary source for understanding PERF's role in shaping beauty tech through AR innovations and omni-channel strategies.
Key updates cover financial disclosures, technology patents, and global expansion efforts across major markets. Bookmark this page for streamlined tracking of corporate milestones that influence the beauty tech sector's evolution.
Perfect Corp. (NYSE: PERF), a leader in AI and AR beauty and fashion tech, has released key insights from its 2024 holiday retail survey. Conducted within the YouCam Apps user community, the survey highlights evolving consumer trends such as budget-conscious spending, omnichannel shopping preferences, and the growing importance of AI technology.
Key findings include:
- 66% of consumers plan to spend less this holiday season, emphasizing value and savings.
- 60% prefer a mix of in-store and online shopping for convenience.
- Top online shopping pain points are the inability to try products (34%), complicated returns (22%), and an overwhelming number of choices (15%).
- 23% seek virtual try-on tools, while 26% value AI-powered virtual assistants.
- 52% are using or planning to use AI in their shopping experiences.
Perfect Corp.'s AI and AR technologies, such as virtual try-ons and AI skin diagnostics, are transforming retail by enabling personalized and efficient customer experiences. These tools are important for brands to engage consumers and drive sales growth this holiday season and beyond.
Perfect Corp. (NYSE: PERF), the creator of YouCam apps with over 1.1 billion downloads worldwide, has launched new holiday-themed features across its suite of applications. The update includes AI-powered capabilities such as festive fashion looks, holiday scene transformations, and themed avatars.
The new features include AI Fashion for festive outfits, AI Studio for holiday scene creation, festive AI Avatars, generative AI for personalized holiday cards, new AI-powered holiday makeup looks, customizable templates, and interactive selfie experiences. These tools are designed to enhance users' holiday content creation and social media presence through advanced AI and AR technology.
Perfect Corp. (NYSE: PERF) has partnered with French skincare brand Holidermie to implement its AI-powered Skincare Pro solution in Parisian retail locations. The technology will be available through iPads at Holidermie's flagship store and Le Bon Marché Rive Gauche. The AI platform analyzes six key skin health indicators including hydration, wrinkles, dark circles, acne, radiance, and firmness to provide personalized skincare recommendations. The system will be deployed with one iPad at Holidermie's new flagship store on rue de Turenne and three iPads at Le Bon Marché, offering customers data-driven skincare consultations.
Perfect Corp. (NYSE: PERF) has partnered with the Tohoku Rakuten Golden Eagles baseball team to introduce AI-generated retro-style player images at their stadium. Using the YouCam Perfect app's AI Studio feature, the collaboration transformed current players' photos into vintage portraits inspired by Japan's Showa and Heisei eras, which were displayed on stadium screens. The initiative showcases Perfect Corp.'s AI photo-editing technology, offering fans an innovative way to experience nostalgic baseball imagery. The YouCam Perfect app features over 110 unique styles for users to create and customize their own retro-themed photos.
Perfect Corp. (NYSE: PERF) reported Q3 2024 financial results with total revenue of $16.1 million, up 10.8% year-over-year. The company's gross profit increased 9.6% to $13.0 million, while net income was $2.5 million. YouCam mobile app subscribers grew 17% to over 977,000. The company maintained 151 Key Customers and expanded its brand client base to 708 with over 806,000 digital SKUs. For the first nine months of 2024, revenue reached $44.3 million, up 12.5% year-over-year. The company projects 12-14% revenue growth for full-year 2024.
Perfect Corp. (NYSE: PERF), a leader in AI and AR beauty technology, has launched The Beautiful AI Podcast. This new series explores how AI is shaping the beauty industry and beyond, featuring interviews with industry pioneers and innovators. The podcast offers insights into AI's impact on consumer experiences and digital transformation across various sectors.
Perfect Corp. CEO Alice Chang expressed excitement about sharing perspectives from influential voices in beauty, fashion, and other industries. The podcast aims to inspire listeners with creative AI applications that enhance beauty and solve consumer issues. It targets executives seeking digital innovation and AI enthusiasts interested in real-world applications.
The Beautiful AI Podcast is available at https://share.transistor.fm/s/31f3e051 or https://www.perfectcorp.com/business/videos. Listeners can stay connected with Perfect Corp. on LinkedIn for updates.
Perfect Corp. (NYSE: PERF), the leading AI and AR-powered beauty and fashion tech solutions provider, has announced the 2024 release of expanded Halloween-themed AI-powered features for its YouCam suite of apps. With over 1.1 billion downloads worldwide, the update introduces:
- New AI Avatar characters
- AI Fashion costume styles
- AI Selfie transformations
- AI Art (Text-to-Image) capabilities
- Halloween-themed content across AI Studio, AI Scene, and AI Room
These features allow users to transform images into Halloween-inspired art, design custom environments, and generate social media-ready visuals. The update also includes Halloween-themed makeup looks, frames, and stickers. Available on YouCam Makeup, YouCam Perfect, YouCam Video, and YouCam AI Pro for iOS and Android platforms, these AI-powered tools aim to enhance users' Halloween experiences and creative self-expression.
Perfect Corp. (NYSE: PERF) has partnered with Starboard Group to expand the SkInsight AI skin analysis experience across 30 more ships this month. This AI-powered tool, developed by Perfect Corp., provides personalized skincare recommendations to guests in seconds. The expansion follows a successful debut on Carnival Jubilee in December 2023 and will now be available on ships across Royal Caribbean International, Carnival Cruise Line, Virgin Voyages, and TUI Mein Schiff fleets.
SkInsight is part of Starboard's 'Beauty for All' campaign and retailtainment concept, aiming to enhance the onboard shopping experience. The tool has shown impressive results, increasing sales volume and guest spending by 20% and expanding the average transaction amount by 10%. Perfect Corp. developed a tailored offline solution for Starboard, ensuring seamless performance in maritime environments without relying on internet connectivity.
Perfect Corp., a leading AI and AR beauty technology provider, has launched its new 'AI Skincare Product Recommendation' tool. This innovative feature is integrated into the backend console system and uses AI to automatically match brand products with specific skincare concerns. The tool significantly simplifies and accelerates the setup process for skincare brands using Perfect Corp.'s AI Skin Analysis technology.
Previously, brands had to manually define recommendation conditions for each product, which was time-consuming. The new AI tool automates this process by analyzing product names, descriptions, images, and categories. It allows retailers and brands to generate product category appointments in bulk, assigning skin concerns to multiple products simultaneously. Users can utilize the AI for up to 40 batches per week.
The tool offers benefits such as easier setup, quicker time-to-market, and resource optimization. It enables any console user, regardless of product knowledge, to generate accurate skincare product recommendations efficiently.
Perfect Corp. (NYSE: PERF) has partnered with TIMEZ, a watch aggregation platform, to introduce AR virtual try-on technology for luxury watches. The collaboration integrates advanced 3D modeling, rendering, and AR technologies into TIMEZ's mobile app, offering users an enhanced digital shopping experience. Key features include:
- 360° 3D model viewing
- Virtual try-on with AgileHand™️ hand-tracking technology
- High-precision 3D rendering for accurate color and texture display
- AI-powered watch recognition identifying over 53,000 models in 0.8 seconds
This partnership aims to redefine the digital experience in the watch sector, supporting TIMEZ's omnichannel growth and providing comprehensive digital services for watch enthusiasts.
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