By now, you’ve probably heard the news that Montreal-based Gildan Activewear has purchased the intellectual property rights for American Apparel for about $66 million. The sale is not a surprise—American Apparel went into administration, which seemed to suggest they were looking to sell. What is a surprise, however, is Gildan Activewear’s participation. While Gildan Activewear has not delved…
Read MoreAs President-elect Donald Trump starts unveiling his plans for the next four years in the Oval Office, we’ve seen him discuss the potential tariffs on Chinese and Mexican goods and…
Read More
Dov Charney may not be doing a victory dance (at least not in public), but there certainly is an “I told you so” vibe in the air, following American Apparel—the company he founded…
Read More
After an arduous journey through bankruptcy, stranded cargo and port backups, the story of Hanjin Shipping finally is coming to a close, now that Korea Line Corp. won a contest for some assets of the…
Read More
Australasian Promotional Products Association (APPA), Surrey Hills, Australia; and Promotional Products Association International (PPAI), Irving, Texas, have announced an agreement to effectively utilize core elements of PPAI’s Promotional Products Work! and Get In Touch programs across Australia and New Zealand. The Get In Touch campaign, which the two organizations will launch in Australia and New…
Read More
After months of speculation and lead-up, Los Angeles-based American Apparel announced this morning that it has filed for Chapter 11 bankruptcy for the second time in 13 months. The speculation that another company may use that opportunity to purchase it has also come true—Montreal-based Gildan Activewear has purchased the intellectual property rights for American Apparel and some of…
Read More
After Delivery Agent Inc., a company that specialized in selling licensed merchandise for entertainment companies, filed for bankruptcy in September, some of those companies—like HBO, Discovery and CBS—have come out saying that Delivery Agent Inc. owes them money. Discovery’s deal with Delivery Agent Inc. included a 14 percent royalty on all sales at the Discovery…
Read More
We frequently hear about promotional products distributors and suppliers working to do good in the world. We hear about companies donating money, food or clothing to people in need. We hear about people raising awareness for important…
Read More
Bag Makers, Union, Ill., has hired Jane Ryan as a regional business development manager. Ryan will head the company’s sales efforts in Delaware, Georgia, Maryland, New Jersey and Pennsylvania. Ryan, a 40-year veteran of the promotional products industry, has worked in the customer service, inside sales and outside sales fields. Most recently, she served as…
Read More
Raining Rose Inc., Cedar Rapids, Iowa, announced that it has acquired Fort Collins, Colorado-based Solar Advertising Inc. Raining Rose will incorporate Solar Advertising Inc.’s promotional lip balm products, including Natural LipFusion and Natural SugarBalm, into its existing product line. All employees also will join Raining Rose as part of the transition. “Raining Rose and Solar…
Read More
