Most people I know, including me from time to time, do not like failure. There can be lots of financial and psychological costs to failure. However, most successes in business and life are preceded by failure. Most times, lots of failure. Additionally, sometimes winning ideas come from losing. Here’s a great example: In 1985, Proforma…
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Sales Growth From Vistaprint, National Pen Helps Drive Cimpress’ Revenue Gain
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.
Distributors 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.
Court 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.
Tervis’ ‘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.
Podcast: 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.
Gildan’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…
Federal 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.
Logomark 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…
Dave 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).