A federal filing indicated shareholders in the publicly traded apparel supplier could experience “a complete or significant loss on their investment.”
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Direct-to-Embroidery Dye Company Coloreel Declares Bankruptcy
Coloreel Group AB, a Swedish company that specializes in thread-dyeing technology for embroidery, has filed for bankruptcy this week citing “an inability to develop its business volume quickly enough and, related to this, secure the necessary financing.” Serving customers in more than 20 countries, Coloreel seeks to make the embroidery process more efficient while reducing…
Read MoreGeiger Acquires Germany-Based Promo Distributor
Geiger already had an office in Düsseldorf, but this is its first acquisition in Germany, Europe’s largest national market for promo sales.
Read MoreFully Promoted Unveils New Website, Brand Video
Fully Promoted has just launched a refreshed website and new brand video. The overhauled website has a streamlined aesthetic and new features, including a location search tool for end-buyers to find nearby Fully Promoted showrooms, as well as synchronization with Fully Promoted Connect, a platform that provides digital marketing resources, financial reporting capabilities, social media…
Read MoreHanesBrands Moving to New Headquarters, Selling Current Corporate Offices
The apparel maker is remaining in Winston-Salem, NC, and plans to transition to the new space in early 2025.
Read MoreHurricane Beryl Barrels Into Texas Impacting Promo Firms
Promotional products companies in Texas were working to get operations back to normal Tuesday, July 9, after Hurricane Beryl slammed into the Lone Star State, knocking out power to millions and killing a reported eight people. Some of the worst effects of the storm, which weakened into a still-dangerous tropical depression as it spread fierce…
Read MoreVantage Apparel Partners With Redwood Classics Apparel
Two industry suppliers that focus on premium clothing styles have finalized an exclusive partnership. Vantage Apparel is now the exclusive supplier of the Toronto-based company’s premium garments to U.S. distributors.
Read MoreFTC’s Ban on Noncompete Agreements in Doubt After Texas Court Ruling
A judge has issued a preliminary injunction partially preventing enforcement of a rule that outlaws the contract clauses.
Read MoreNYPD Finds Illegal Cannabis Shop Printing Labels and Packaging In-House
One of New York City’s unlicensed cannabis stores had its own in-house printing operation for labels and packaging.
Read MoreDecoration Roundup: Roland DGA Announces North American Availability of New UV-LED Printers
Roland DGA announced North American availability of its new VersaOBJECT CO-i series printers, and NameBadges International now offers Prestige Name Badges.
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