Cimpress, the parent company of Vistaprint and former Top 40 distributor National Pen, increased sales nearly 7.5% to about $2.5 billion during the first nine months of its fiscal year, which ended with March.
Read MoreDistributors Optimistic Even as Industry Sales Decline in Q1
Promo industry sales dropped nearly 1%, but it’s hoped that an increase in business late in the quarter will carry throughout the rest of 2024.
Read MoreCourt Denies Motion To Dismiss Lead-Related Lawsuits Against Stanley’s Parent Company
A federal judge has ruled that three lawsuits related to the presence of lead in Stanley tumblers can be consolidated into one case, and denied a motion from the drinkware maker’s parent company to dismiss two of the complaints.
Read MoreTervis’ ‘Star Wars’ Drinkware Uses Unique Decoration (Including Patches Inside Double-Wall Insulation)
Tervis Tumbler Company, North Venice, Florida, just released a special line of its tumblers and drinkware products with cool decoration techniques.
Read MorePodcast: Executive Insights on the ASI, PRINTING United Alliance Deal
ASI President/CEO Tim Andrews and PRINTING United Alliance President Dave Leskusky deliver an in-depth perspective on how ASI’s acquisition of a promo-focused events and media portfolio from PRINTING United, along with a new partnership between the organizations, will benefit print and promo purveyors.
Read MoreGildan’s Sales & Earnings Decline in Q1 as Proxy Fight Continues
As a battle with activist investors and co-founder/former CEO Glenn Chamandy continues, Top 40 supplier Gildan (asi/56842) reported Wednesday, May 1, that its sales dropped 1% and its net earnings were down about 20% year over year in the first quarter of 2024. The financial report comes as the publicly traded apparel manufacturer is reportedly…
Read MoreFederal Cannabis Rescheduling Could Lead to Opportunity for Promo
The U.S. Drug Enforcement Agency (DEA) is taking steps to reclassify marijuana as a less dangerous substance – a move that could be a boon to the nascent legal cannabis industry and potentially a sales-sparker for promotional products companies.
Read MoreLogomark Names New Chief Operating Officer
This article originally appeared on ASI. To read more, click here. Executive John Lear has joined the promo market – and he’s doing it with Top 40 supplier Logomark (asi/67866). The Tustin, CA-based firm announced May 1 that Lear has come aboard as chief operating officer. Clive Goldberg had…
Read MoreDave Saracino Named to SVP Role at iPROMOTEu
Industry veteran Dave Saracino has been named senior vice president of affiliate sales and support at Top 40 distributor iPROMOTEu (asi/232119).
Read MoreWise Business Forms Acquires Phoenix Data Inc.
Wise Business Forms, Alpharetta, Georgia, announced yesterday that it has acquired Phoenix Data Forms, a print supplier based in Montgomery, Pennsylvania, that specializes in business forms and similar print products. The deal was affective as of April 30, 2024. In a statement issued by Wise, the company said that the acquisition will provide former Phoenix…
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