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. (NYSE: PERF) is a transformative player in the beauty and fashion tech industries, dedicated to revolutionizing how consumers, content creators, and brands interact. The company's innovative omni-channel solutions leverage cutting-edge AI and AR technologies to provide highly personalized, interactive experiences, both online and in-store. Their flagship apps, YouCam Makeup and YouCam Perfect, have redefined virtual beauty for millions of users worldwide.
Perfect Corp. operates a global presence, with significant activities in the United States, France, Japan, and other regions. The company's technology is a game-changer across various sectors including luxury beauty, fashion brands, skincare clinics, hair care brands, and even major film studios, driving growth and enhancing customer engagement.
Recent collaborations highlight the company's impact:
- Aveda Hair Color Try-On: Aveda saw a 220% increase in website traffic after introducing an AR virtual hair color try-on tool powered by Perfect Corp.'s technology.
- Valmont Skin Analysis: Partnered with Valmont to launch the V-FIRM series, offering personalized skincare solutions through AI-driven skin analysis.
- TRESemmé Hairstyle Try-On: Enhanced online shopping with an AI-powered virtual try-on tool for various hairstyles, enriching customer experience and supporting diversity and inclusion.
- Paramount Pictures and 'Top Gun: Maverick': Utilized AR for an immersive marketing campaign, significantly contributing to the movie's promotional success.
Perfect Corp. continues to push the boundaries of technology, aiming to create a fluid environment where users can express themselves, stay updated with the latest in fashion and beauty, and gain instant access to their favorite products.
Perfect Corp. (NYSE: PERF) announces its participation at CES 2025 (January 7-9, 2025) in Las Vegas, showcasing its Beautiful AI innovations at the CES Creator Space. The company will demonstrate several B2B Generative AI solutions including Perfect GPT, AI Skin Analysis and Simulation tools, and AI Hair Solutions. For consumers, Perfect Corp. will present the YouCam Online Editor, offering AI-powered photo and video editing capabilities.
The company will showcase at the Central Hall Lobby of the Las Vegas Convention Center, where visitors can receive complimentary access to YouCam Online Editor (valued at $99). Chief Growth Officer Wayne Liu will participate in three speaking sessions discussing AI and AR in beauty and fashion industries.
Perfect Corp (NYSE: PERF) has launched new AI APIs designed to empower developers with advanced AI-powered beauty technology integration. The suite includes Generative AI APIs for virtual hairstyles, wigs, makeup transfer, and aging simulations, alongside Image Processing APIs for text-to-image generation, colorization, enhancement, and background/object removal.
The APIs are scalable for businesses of all sizes, offering seamless integration into websites, e-commerce platforms, and mobile apps. They feature high-traffic optimization and customization options for branding elements. The technology aims to simplify content creation and enhance customer engagement across beauty, e-commerce, and technology industries.
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.
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