Samsonite LLC, Hong Kong, announced that it has acquired TUMI, South Plainfield, N.J., in a cash transaction worth $1.8 billion. This is Samsonite LLC’s largest acquisition since its initial public offering in 2011, according to CNBC. Samsonite LLC will pay $26.75 per share in the transaction, representing a 33 percent premium of TUMI’s closing price. With…
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Super Tuesday was two days ago, but another race to the finish was happening behind the scenes in Massachusetts. According to The Boston Globe, hundreds of thousands of ballots for today’s presidential primary had to be reprinted due to a printing error. Because the ballots were printed digitally, they were more susceptible to moisture or smudging,…
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Last year, we reported that the Oklahoma state government was looking into spending less money on promotional products. Now, critics say that the Texas state government is spending too much taxpayer money on promotional items,…
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Impact Dimensions LLC., a Philadelphia-based promotional products distributor, has been chosen as the merchandise provider and manager for the 2016 Host Committee for the Democratic National Convention in Philadelphia. Although no official numbers have been confirmed, a spokeswoman said there was a lot of interest from local companies and firms across the country to be…
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SanMar, Issaquah, Wash., announced its launch of PromoStandards integration, an industry organization composed of distributors and suppliers focused on helping to improve technology’s consistency for more efficient relationships. SanMar customers, including AIA Corporation, Geiger, HALO Branded Solutions, commonsku and Facilis Group, currently are working with SanMar to take advantage of its PromoStandards Inventory Integration. “Our goal is…
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Rip Curl, an Australian surfwear company, is under scrutiny for selling millions of dollars worth of clothing using “slave labor,” The Sydney Morning Herald reported. Workers at the North Korean Taedonggang Clothing Factory were hired to make clothing for Rip Curl’s 2015 winter collection. It was then branded with a “made in China” logo and shipped…
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Maybe just 10 years ago you wouldn’t be caught dead wearing your sweaty yoga pants from spin class to Sunday brunch, but that definitely is not the case anymore. People want comfort—and saving time not having to make a wardrobe change doesn’t hurt either. We spoke with two industry experts to learn how to make the most out of athletic and performance apparel promotions…
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Here on the East Coast, it’s been a different season each day. Yesterday, we didn’t need a jacket. Today, we need to be bundled up. And, Thursday into Friday they’re calling for a little snow. Mother Nature is a fickle woman—and it definitely can make it difficult to figure out what to wear. Admittedly, we’ve…
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Clients and prospects still are buying. Your customers still need you and still want to buy from you. What your customers want to buy is a more efficient, more profitable, more exciting company. They want to buy a better brand. They want to buy the ability to be the first choice among shoppers looking for the services…
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T-shirts get a virtual (reality) upgrade, Adidas unveils March Madness postseason uniforms, the Minneapolis SWAT changes the color of its uniforms, parents sue school over dress code that prevents girls from wearing pants, Russell Wilson launches new clothing line, and a Malaysia deems a T-shirt a national security threat: Here’s what’s happening this week in the apparel world…
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