Still, suppliers are working to determine how exactly the levies will affect promo. They’re also monitoring the president’s plan for “reciprocal tariffs.”
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The deal involves two distributors that specialize in both print and promotional product solutions.
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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.
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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.
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The New York-headquartered print and promo franchising firm announced the growth as it enters its 50th year in business.
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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.
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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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Charlie Jinan Chen was seeking a new trial in a civil enforcement case, but a judge found the ruling against the restaurateur should stand, though he halved the financial penalty.
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The EPP team is joining Overture, which reportedly generated $130 million in 2024 revenue. Former EPP owner Michelle Sheldon is stepping down but will help ensure a smooth transition.
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There’s also concern the new levies will saddle end-buyers with heavier cost burdens that prevent or limit their ability to invest in branded merchandise.
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