InnerWorkings Expands Multi-year Print Management Agreement With Fortune 100 Grocery Retailer

InnerWorkings Inc., a leading Chicago-based global marketing supply chain company, recently announced it has expanded its multi-year enterprise print management relationship with a major U.S. grocery retailer.

Under the new agreement, InnerWorkings will add direct mail and in-store point of sale to the existing outsourced print procurement partnership. These new categories are in addition to InnerWorkings’ current management of inserts, paper and other sourcing, which is expected to grow the relationship by approximately 40 percent.

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HanesBrands has “Substantially Completed” Discontinuation of its Outer Banks and Private-label Operations

As part of its recent third-quarter results press release, HandsBrands Inc. announced that it has “substantially completed” the discontinuation of its private-label and Outer Banks domestic operations. From the press release:

“On May 30, Hanes sold its European imagewear business, and the company has substantially completed the discontinuation of its private-label and Outer Banks domestic imagewear operations serving wholesalers that sell to the screen-print industry. In accordance with GAAP requirements, the company reported results for the second and third quarters on a continuing-operations basis and revised prior-period results to reflect continuing operations. The company’s branded printwear operations will continue to operate and serve the branded domestic screen-print market.”

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BIC Group Releases 9-Month 2012 Sales Figures

BIC Group today reported its nine-month sales results for 2012. For the period ended in October, the company posted a 4 percent net sales increase on a comparative basis. Net income was up 15.8 percent at 213.0 million euros ($276.3 million).

For the third quarter of 2012, BIC’s net sales were up 4.4 percent at 488.8 million euros, compared to 468.2 million euros in 2011. While net sales were down slightly at constant currencies, the company indicated net sales were up 0.5 percent on a comparative basis.

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Newton Manufacturing and Salesforce.com Announce Strategic Partnership, Unveil Oasis

Newton, Iowa-based distributor Newton Manufacturing Company and enterprise cloud-computing company Salesforce.com have announced a strategic partnership to bring leading cloud-computing technologies to the promotional products industry. As part of their announcement, the companies introduced Oasis, an exclusive business technology suite designed to proactively meet the needs of promotional product distributors.

“As technology’s role in business has evolved from a management function into a strategic driver of business, Newton is committed to investing in technology to give our representatives a competitive advantage,” explains Jay Donlin, Newton’s executive vice president of sales and marketing. “Oasis is the next step in that evolution in the promotional products industry.”

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Pro Towels forms Business Development Team

Pro Towels, headquartered in Pittsburgh, has announced the launch of its new business development team. This team will be an extension of the marketing and sales departments and has been created to take distributor relationships with Pro Towels to the next level.

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