Fanatics Secures $1B Investment

Fanatics has proven itself a major player in the sports merchandising game, inking deals with the NFL and NBA for licensed merchandise. Because of its growing presence in the big leagues as the go-to stop for licensed merchandise, SoftBank just invested $1 billion to the e-commerce company. With that capital, Fanatics grows its value to…

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Gucci Has a Strong Case Against Forever 21’s Stripe Trademark Attempt

When will Forever 21 just get the hint? Seriously, we’re getting sick of having to report every time the retailer is on the receiving end of a lawsuit. This time, fashion heavy-hitter Gucci is suing Forever 21 for trademark infringement, after the latter started selling items with similar stripe patterns. This comes after Forever 21…

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Three Hub Pen Company Employees’ Children Receive PPEF Scholarships

Hub Pen Company, Braintree, Mass., announced that three employees’ children have been awarded Promotional Products Education Foundation (PPEF) scholarships. PPEF is the industry nonprofit founded to recognize and encourage scholastic excellence and academic performance among promotional products industry employees and their college-aged children. Funded by Promotional Products Association International (PPAI) and generous donations from companies…

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Supplier Launches New E-Commerce Site for Easier Ordering

The Lipco Group, Branson, Mo., a supplier of promotional products, launched a new e-commerce site that circumvents the traditional supplier-distributor method. The new site features a stock of more than 11,000 products, and allows customers, like gift shops, to purchase directly from online. The company said in a press release that its new website, www.lipco.biz,…

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Promotional Products Company Pleads Guilty to Price Fixing

Last month, we reported that Totally Promotional, Coldwater, Ohio, was being investigated by the FBI for possible price fixing in the promotional products space. Yesterday, the U.S. Department of Justice announced that Azim Makanojiya, president of an unrelated promo company, Zaapaaz Inc. (WB Promotions Inc., Wrist-Band.com and Customlanyard.net), pleaded guilty to conspiring to fix prices…

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New York’s Iconic ‘I Love NY’ Logo Almost Didn’t Exist

Everyone who’s been to New York City (and, honestly, probably a lot of people who haven’t) are familiar with the iconic “I Love New York” logo. It’s pretty much the most omnipresent tourist souvenir from the Big Apple, adorning T-shirts, mugs, sweatshirts, keychains, you name it. And it almost didn’t exist. To celebrate the logo’s…

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