With a classic-yet-fashionable design, the Port Authority R-Tek Fleece Full-Zip Jacket from SanMar is sure to keep clients warm and happy. The jacket is made from 13 oz. anti-pill fleece, includes elasticized cuffs and waistband, and is available in black, brown, gray heather, midnight heather and navy.
Read MoreOn June 14, Los Angeles-based clothing manufacturer American Apparel issued a statement in response to allegations by Gawker.com that it hires retail employees based on their physical attractiveness. American Apparel’s response is directly reproduced below:
“A Statement about Hiring from American Apparel
In light of recent erroneous online coverage of American Apparel’s hiring and retention policies we are issuing this brief statement to clarify:
American Apparel does not hire or retain applicants based on ‘beauty.’ Our main priority is finding people with a strong sense of style who can inspire customers as they make selections from our extensive line.
Read MoreMidlothian, Texas-based Ennis Inc. has reported financial results for the first quarter ended May 31, 2010.
For the quarter, consolidated net sales increased by $9.9 million, or 7.6 percent, from $130.8 million for the quarter ended May 31, 2009 to $140.7 million for the quarter ended May 31, 2010. Print sales for the quarter were $67.8 million, compared to $71.7 million for the same quarter last year, or a decrease of 5.4 percent. Apparel sales for the quarter were $73 million, compared to $59.1 million for the same quarter last year, or an increase of 23.5 percent. Overall gross profit margins (“margins”) increased from 23.7 percent to 30 percent for the quarters ended May 31, 2009 and May 31, 2010, respectively. Print margins increased from 26.4 percent to 30.3 percent, and Apparel margins increased from 20.4 percent to 29.7 percent, for the quarters ended May 31, 2009 and May 31, 2010, respectively. Net earnings for the quarter increased from $6.6 million, or 5.1 percent of sales, for the quarter ended May 31, 2009 to $13 million, or 9.3 percent of sales, for the quarter ended May 31, 2010. Diluted EPS increased from $0.26 per share to $0.50 per share for the quarters ended May 31, 2009 and May 31, 2010, respectively. The company, during the quarter, generated $23.7 million in EBITDA (earnings before interest, taxes, depreciation and amortization) compared to $14.3 million for the comparable quarter last year.
Read MoreAs part of the strategic integration of Norwood Promotional Products and BIC Graphic operations, BIC Advertising & Promotional Products (APP) began an evaluation of business opportunities related to the Auburn, Indiana-based Messenger operation in the Fall of 2009. Several options were evaluated, including the sale of the business.
Read MoreBridgeport, Connecticut-based Prime Line’s president and CEO Rick Brenner teamed with Arnold & Porter attorney Jennifer Karmonick to present a seminar on product safety and the impact of the Consumer Product Safety Improvement Act (CPSIA) on our industry at PROMOTIONS EAST two weeks ago in Atlantic City, NJ. The purpose of the seminar was to educate suppliers and distributors about how they can protect themselves and their customers through a better understanding of state and federal product safety legislation.
Read MoreAs part of its second annual Case Study Challenge, which kicked off on June 21, City of Industry, California-based Sweda Company has officially begun the search for the most innovative distributor project story–and if it’s yours, it could be worth up to $5,000 cash plus an added bonus of a $2,500 credit memo for applicable distributor employers.
Read MoreMiami-based World Emblem International’s European partner, J&A International Inc., has recently purchased French distributor Imatel and selected Martin Kemp to be the new company president.
Read MoreThe Federal Deposit Insurance Corporation’s (FDIC’s) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Thursday, June 24, to discuss the results of the FDIC’s small-dollar loan pilot program (the pilot).
Read MoreCity of Industry, California-based Sweda Company announced the hiring of Judy Warren as a new independent regional sales representative for North Carolina, South Carolina and Virginia.
Read MoreAfter 17 years of service, Samantha Bridgers, national accounts manager, has resigned her position at Tulsa, Oklahoma-based S&S Time. Bridgers is excited to join her husband Butch in another industry working closely with him in the service sector.
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