Every year, we look forward to combing through the Inc. 5000 list to see which of our friends in the promotional products industry made it among the esteemed ranks. This year, more than 60 companies related to promotional products made the list...
Brendan Menapace
It's been a few weeks without news regarding the ongoing trade talks between the U.S. and China. In a series of tweets yesterday, however, President Donald Trump reported that U.S. trade representatives returned from China talks with disappointing results, and that he would add a "small additional tariff of 10 percent" on $300 billion in Chinese imports, effective Sept. 1...
The Tokyo Olympics in 2020 are noteworthy for their addition of sports like skateboarding, but that’…
If you're not aware by now, there's a meme that's spread across the world about storming Area 51 to finally free the aliens that the U.S. government has supposedly been hiding from us for decades. It's a plan that's destined to fail, and if anyone tries...
Gennex Media LLC (aka Brandnex.com and PMGOA) pleaded guilty to price fixing in the promotional products industry. The company's president, Akil Kurji, was sentenced to eight months in custody, a $20,000 fine and three years of supervised...
Almost exactly one year ago, Amazon expanded its Merch by Amazon print-on-demand service with new items, like PopSockets, to go with the standard assortment of apparel offerings already available. Now, the company is quietly expanding its...
Acquisitions are finicky. When you’re on the buyer side, it’s almost like playing a game of poker, or like buying a used car. You don’t want to show all of your cards to the other players. You don’t want to let on exactly what you’re doing or hint at your next move...
Heritage Sportswear, Hebron, Ohio, announced in a recent email that it will close its doors after 37 years in business. The wholesale apparel supplier will undergo a complete inventory liquidation, and announced that it will drop prices in every category as part of the liquidation. Heritage Sportswear will offer T-shirts, fleece...
Days after the U.S. raised existing tariffs on $200 billion in Chinese goods from 10 percent to 25 percent, President Trump announced that an additional $300 billion in imports from China would soon be subject to 25 percent tariffs. That $500 billion total would represent virtually all...
President Trump announced yesterday that the U.S. will increase tariffs to 25 percent on $200 billion in Chinese imports, effective Friday. The tariff rate was originally 10 percent, but during trade talks at the end of 2018, Trump promised that the number could increase if the sides couldn't reach a deal by March 1. That deadline was extended once, but with the sides still unable to come to terms, it appears the long-threatened 25 percent rate will now go into effect...
News reports confirmed this weekend that the woman killed in the shooting at Chabad of Poway, a synagogue based in Poway, Calif., was Lori Gilbert-Kaye, 60, a promotional products industry professional for Pro Specialties Group Inc...
Bloomberg reported that Sycamore Partners, the private equity firm that bought Staples Inc. in 2017, is now looking to withdraw most of its cash investment through a recapitalization effort, leaving Staples with about $1 billion in additional debt and $600 million in equity...
The Department of Labor's Bureau of Labor Statistics announced this month that "printer," "screen printer" and "support activities for printing" are no longer official jobs as far as far as its concerned. Each year, the DOL lists industries and jobs that become too small or concentrated to be tracked in its...
In a world governed by convenience and instant gratification, spearheaded by big-name companies like Vistaprint and Amazon, how do the traditional print distributors stay afloat and keep their business as profitable as possible?...
A federal grand jury in Texas has indicted Taiwanese company G Nova Corp and its CEO over price fixing schemes relating to promotional products. A second company, NetBrands Media Corp. and two of its executives, have already agreed to plead guilty to similar, but unrelated, charges, per Reuters...
