Promotional products executives noted that the increases could affect product costs, sourcing practices and shipping prices, but emphasized the industry would adapt.
Read MoreAuthor: Christopher Ruvo
Recall Issued on Branded Pinwheels
A retailer and the Consumer Product Safety Commission (CPSC) are recalling thousands of pinwheels after learning that fastener caps on the toys can loosen and become a choking hazard for children.
Read MoreScammers Posing As The Sourcing Group, Trying To Swindle Job Seekers
Fraudsters are posing as distributor The Sourcing Group, extending fake employment offers that aim to steal victims’ money and personal information
Read MoreFree-Falling Champion Sales Contribute to HanesBrands’ Weak Q1
Hanesbrands reported that sales declined nearly 17% year over year in the first quarter of 2024 to about $1.156 billion. A 26% annual basis drop in sales of Hanes’ Champion brand contributed to the overall revenue retreat.
Read MoreFederal Judge Stays U.S. Chamber of Commerce Lawsuit Over Noncompete Ban
The Federal Trade Commission is now facing one less lawsuit over its controversial ban on noncompete agreements – at least temporarily.
Read MoreBurnside/Sierra Pacific Apparel Announces Promotion & Hires to Sales Leadership Team
Burnside/Sierra Pacific Apparel has formalized its sales leadership team – a move involving a promotion and hires that the company says will be a boon for customers.
Read MoreBAMKO Reports Sales Rise in Q1 2024
BAMKO (asi/131431) reported a 6% year-over-year increase in sales and a 32% rise in before-tax earnings in the first quarter of 2024, according to a financial report released on Tuesday, May 7. The Los Angeles-headquartered promotional products distributor’s sales rose to nearly $87.1 million in Q1, up from about $81.8…
Read MoreWidespread Tornado Outbreak Impacts Promo & Print Firms
A rash of early-week severe weather spawned reported tornados in Michigan, Missouri, Oklahoma, Ohio and other states, devastating some areas and creating challenges for companies in the print and promotional products industries.
Read MoreSanMar Recognized as a 2024 U.S. Best Managed Company
SanMar, Issaquah, Washington, has been selected as a 2024 U.S. Best Managed Company by Deloitte Private and the Wall Street Journal.
Read MoreDeborah Gaspar Named Director of Sales & Marketing at Zagwear
Orangeburg, New York distributor Zagwear has tapped promo industry veteran Deborah Gaspar to elevate sales to the next level
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