News Archives - Page 74 of 190 - Print & Promo Marketing

USTR Again Delays Final Determination on Proposed Tariff Hikes

The Office of the United States Trade Representative has again put on hold a planned initiative from President Joe Biden’s administration that calls for increasing import tariffs on about $18 billion worth of products imported from China, including materials like steel that can potentially impact the promotional products industry. Announced this spring, the tariffs were…

Assets from the firm’s Salt Life, Soffe and DTG2Go brands were among those bid on at an Aug. 27 auction.

Counselor Top 40 distributor Overture Promotions (asi/288473) has acquired Brandon, a promotional products distributor headquartered in Gothenburg, Sweden, that also has an office in Shanghai. Financial terms of the deal were not released, but executives noted that through the move the companies have formed Overture Marketing Group, an international promo business that has plans for more acquisitions…

The acquisition is the first for IMAGEN in its 15-year history and brings together two Southern California-based distributors.

An affiliate of Mill Point Capital LLC has invested in the Counselor Top 40 supplier, which has relocated from New York to the Sunshine State.

A white dyeable polyester filament yarn and insulation material ThermaLoop represent a step forward in scalable textile-to-textile recycling, according to Unifi, parent company of Repreve.

The sportswear company released a line of co-branded MoMA socks, with the promise of more through a multi-year deal with LEGO.

The product providers to the $26.1 billion North American merch market believe that, despite the considerable disruption that could come with a strike, their stock levels will stay strong through year’s end.

The annual list ranks the fastest-growing private companies in the U.S.

Tom Arens has experience developing and managing IT teams at Fortune 100 companies and startups. Now, he’s joining Counselor Top 40 supplier Outdoor Cap Company (asi/75420) as head of technology. Arens’ charge is to foster collaboration and innovation to drive successful projects and improve the hat-making company’s…