After months of speculation and lead-up, Los Angeles-based American Apparel announced this morning that it has filed for Chapter 11 bankruptcy for the second time in 13 months. The speculation that another company may use that opportunity to purchase it has also come true—Montreal-based Gildan Activewear has purchased the intellectual property rights for American Apparel and some of…
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After Delivery Agent Inc., a company that specialized in selling licensed merchandise for entertainment companies, filed for bankruptcy in September, some of those companies—like HBO, Discovery and CBS—have come out saying that Delivery Agent Inc. owes them money. Discovery’s deal with Delivery Agent Inc. included a 14 percent royalty on all sales at the Discovery…
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Raining Rose Inc., Cedar Rapids, Iowa, announced that it has acquired Fort Collins, Colorado-based Solar Advertising Inc. Raining Rose will incorporate Solar Advertising Inc.’s promotional lip balm products, including Natural LipFusion and Natural SugarBalm, into its existing product line. All employees also will join Raining Rose as part of the transition. “Raining Rose and Solar…
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For those who want to be really, really sure they’re cold drinks stay cold and their hot drinks stay hot, Crio might have just invented the perfect water bottle. The Australian company just debuted a new water bottle design, which features a layer of cryogel, on Kickstarter. The Crio water bottle…
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After the Chicago Cubs’ come-from-behind victory over the Cleveland Indians in the World Series, we looked at the (unfortunate) fate of the merchandise that falsely crowned the Indians champions. Following this year’s election (which…
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Promo Marketing’s Video Battle pits two industry videos against each other for the chance at the ultimate bragging right: Being declared our readership’s absolute favorite. (Next up: I’m getting excited to watch the U.S. vs. Mexico soccer game tonight.) Last week, Maple Ridge Farms won, and now will face off against ITC.4. The winner will be decided by…
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After looking into the effects of promotional products on the election as a whole, and speaking to two members of the industry about how Donald Trump’s victory could impact the promotional products…
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Last night (well, this morning), Donald Trump shocked the world and won the 2016 presidential election over Democrat Hillary Clinton. The changing of the presidential guard means a potential shift in the country’s economic landscape. So, to get a good look into what this election means for promotional products professionals, we spoke to Paul Bellantone,…
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There’s been a lot of news surrounding lithium-ion batteries lately: between Samsung’s Galaxy Note 7 debacle and the CPSC’s ruling that all hoverboards were unsafe due to the battery’s volatile nature, we heard a lot of scary stuff. But now, we have some good news (or at least intriguing news) surrounding lithium-ion batteries: Panasonic came…
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Yesterday, Californians got the opportunity to decide whether or not they wanted to validate the state’s previously approved ban of single-use plastic bags—known as Proposition 67. The proposition bans grocery stores and other selected retail outlets from handing…
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