Cimpress, the parent company of Vistaprint and former Top 40 distributor National Pen, increased sales nearly 7.5% to about $2.5 billion during the first nine months of its fiscal year, which ended with March.
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Promo industry sales dropped nearly 1%, but it’s hoped that an increase in business late in the quarter will carry throughout the rest of 2024.
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A federal judge has ruled that three lawsuits related to the presence of lead in Stanley tumblers can be consolidated into one case, and denied a motion from the drinkware maker’s parent company to dismiss two of the complaints.
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The U.S. Drug Enforcement Agency (DEA) is taking steps to reclassify marijuana as a less dangerous substance – a move that could be a boon to the nascent legal cannabis industry and potentially a sales-sparker for promotional products companies.
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This article originally appeared on ASI. To read more, click here. Executive John Lear has joined the promo market – and he’s doing it with Top 40 supplier Logomark (asi/67866). The Tustin, CA-based firm announced May 1 that Lear has come aboard as chief operating officer. Clive Goldberg had…
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Industry veteran Dave Saracino has been named senior vice president of affiliate sales and support at Top 40 distributor iPROMOTEu (asi/232119).
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