ASB CEO Larry Zavadil was a close friend of the late Rob Dubow and pledged to keep the latter’s business going following Dubow’s tragic passing from cancer.
Read MoreAuthor: Christopher Ruvo
3M CEO Named New Chairman of the Board
The multinational conglomerate is the parent company of Counselor Top 40 supplier 3M/Promotional Markets.
Read MorePresident Trump Reinstates ‘De Minimis’ Exemption for China Imports
Even so, the president says he’s still aiming to ultimately eliminate the tariff loophole – a move that stands to impact importers in industries that range from retail e-commerce to promo.
Read MoreNew Steel, Aluminum Tariffs Prompt Price Increase Fears for Drinkware, Other Promo Products
Still, suppliers are working to determine how exactly the levies will affect promo. They’re also monitoring the president’s plan for “reciprocal tariffs.”
Read MorePrisma Acquires Vivid Ink Graphics
The deal involves two distributors that specialize in both print and promotional product solutions.
Read More‘De Minimis What?’ What the Suspension of this Import Loophole Could Mean for Promo
Retailers, particularly e-commerce purveyors that ship directly from factories abroad to U.S. consumers, stand to be the most impacted, but the merch market could hit some sourcing bumps, too.
Read MoreSourcing City Report Says U.K. Promo Market Achieved Record Sales in 2024
Distributors in the United Kingdom and Republic of Ireland collectively increased total annual revenue to £1.232 billion – above $1.5 billion at today’s conversion rates.
Read MoreMinuteman Press Hits $630M in Annual Sales, Tops 1,000 Franchise Locations
The New York-headquartered print and promo franchising firm announced the growth as it enters its 50th year in business.
Read MoreConsumer Sues Igloo, Alleging False ‘Eco’ & ‘Made-in-USA’ Claims
Promo suppliers sell at least some of the cooler products named in the proposed class action complaint, but no industry firms are named in the suit or accused of wrongdoing.
Read MoreTrump Suspends Mexico & Canada Tariffs, But China Levies Take Effect
If the China tariffs stay in place over time, promo suppliers say price increases are likely. Meanwhile, distributors are wrestling with how, at this stage, to communicate with clients about the levies.
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