Arnold Palmer, known for being the first person to mix lemonade and iced tea (and also his legendary golf career), has formed a licensing agreement with Sport Casuals Inc., Boca Raton, Fla., for licensed apparel. According to Golf Digest, Palmer entered into a multi-year agreement with the apparel…
Read MoreAuthor: Brendan Menapace
Last Chance to Vote! PM Video Battle: PWS Versus IDProductSource
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: It’s National Donut Day! And yet we still had to come to work today. No fair.) Last week, PWS won its third battle in a row, and now will face…
Read MoreStaples CEO to Step Down
Staples, Framingham, Mass., announced on Tuesday that the board of directors and CEO Ron Sargent mutually have agreed that Sargent will step down from his position after the company’s Annual Meeting of Shareholders on June 14. Shira Goodman, president of North American Operations, will become interim CEO. This news comes shortly after a federal judge…
Read MoreAdidas Agrees to Sell Mitchell & Ness
Adidas announced that it has agreed to sell Philadelphia-based sportswear company Mitchell & Ness in order to create budget space for a different strategy. Reuters reported that the buyer is a newly formed company primarily owned by Juggernaut Capital Partners, a U.S. private equity firm. We spoke with Peter Capolino, who took over the original Mitchell…
Read MoreNHL Officials Say to Look Out for Counterfeit Stanley Cup Merchandise
As the Stanley Cup Finals continue, NHL officials have advised fans to stay on the lookout for counterfeit Pittsburgh Penguins and San Jose Sharks Stanley Cup merchandise. According to WPXI, the first thing…
Read MoreRadiohead Takes Band Merchandise to New, Weird Level
Most bands sell T-shirts (sometimes featuring spelling mistakes). Others sell hats, tote bags and other merchandise items. For the most part, we never have seen items too far out of the ordinary (unless anyone wants to take any of our ideas). That was until Radiohead, which made the oath years ago never to do anything…
Read MoreThe SEC Is Investigating Alibaba
The U.S. Securities and Exchange Commission (SEC) is investigating Chinese e-commerce giant Alibaba in relation to its huge sales on China’s Singles’ Day shopping event and revenue reporting practices. According to a release from Alibaba, the SEC is investigating its report of operating data from Singles’ Day, a day in China to celebrate single people…
Read MoreMayborn USA Recalls Cups Due to Risk of Mold Exposure
The Consumer Product Safety Commission (CPSC) announced that Mayborn USA, Norwood, Mass., is recalling 3.1 million Tommee Tippee Sippee spill-proof cups due to a risk of mold exposure. According to CPSC, mold…
Read MoreWWE Pulls Shirt After Pabst Blue Ribbon Threatens Legal Action
To commemorate Memorial Day, World Wrestling Entertainment (WWE) announced a new shirt depicting wrestling superstar John Cena with a patriotic-themed backdrop. With the red, white and blue backdrop and themes of loyalty and respect, it looked like a perfect way to celebrate Memorial Day. However, beer drinkers might be able to spot its similarity to…
Read MoreFederal Grand Jury Indicts Distributor on Fraud Charges
A federal grand jury has indicted a promotional products distributor on three counts of fraud for attempting to pass off Chinese-made caps and backpacks as U.S. made. U.S. attorney Joyce White Vance, along with John F. Khin, defense criminal investigative service special agent in charge, and James T. WallisU.S. Army criminal investigation command special agent…
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