The combined company, which will go to market under the Thumbprint name, forecasts that 2025 sales will be about $36 million.
Read MoreScreenBroidery Rebrands, Finalizes Acquisition of Thumbprint
Author: Christopher Ruvo
Trump Orders Study of Reciprocal Tariffs, Promo Reacts
If implemented, the so-called tit-for-tat levies could make importing products from a broad range of nations more expensive and potentially have “ripple effects” that dampen promo spend, some industry executives fear.
Read MoreAmerican Solutions for Business Acquires Contract Decorator Dubow
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 More3M 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.
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