PM News

HDS Acquires Stuart & Associates
September 30, 2016 at 2:09 pm

Today, HDS, a Pittsburgh-based promotional merchandise and corporate apparel agency, announced that it has acquired Stuart & Associates, a Cleveland-based printing, promotional products and fulfillment services company. HDS did not release the financial terms of the deal, but the company estimates that the acquisition will drive HDS' annual sales to $32 million in annual revenue.…

EmbroidMe Names Joe Loch as New President
September 29, 2016 at 6:21 pm

Today, the United Franchise Group (UFG) announced it has named Joe Loch as president of EmbroidMe, West Palm Beach, Fla., according to Franchising.com. "Joe's broad-based business skills and experience working with small-business owners are exactly what we need…

Michigan Moves to Ban Plastic Bag Bans
September 29, 2016 at 5:56 pm

With states, and even some countries, taking measures to ban plastic bags, Michigan has gone an entirely different route. Instead of banning plastic bags, the state government is trying to ban actual bag…

American Apparel Hires New CEO Amid Sale Rumors
September 28, 2016 at 5:23 pm

Last week, Los Angeles-based American Apparel CEO Paula Schneider announced her resignation. Now, the Los Angeles Times is reporting that American Apparel has selected its new CEO, Chelsea Grayson. Grayson, a lawyer with a background in mergers and acquisitions, has served as general counsel for American Apparel for two years. Schneider departed the company on Monday,…

Gold Bond Worldwide Closes Production Facility
September 28, 2016 at 6:16 pm

According to the Promotional Products Association International (PPAI), Gold Bond Worldwide, Hixson, Tenn., has announced plans to close its Covington, Tenn., facility. Operations will relocate to the company's Hixson, Tenn., facility by the end of the year. The Hixson location currently produces drinkware, pens, bags, golf balls and other hard goods, while the Covington facility produced mugs,…

Ennis Inc. Reports Financial Results
September 28, 2016 at 6:04 pm

Ennis Inc., Midlothian, Texas, reported financial results for the three and six months ended Aug. 31, 2016, according to a press release. Highlights include: Gross profit margin on continuing operations increased slightly from 29.5 percent to 29.6 percent on a sequential quarter basis. Diluted earnings per share from continuing operations remained constant at $0.26 on…

Bill Murray Launches Line of Golf Apparel
September 28, 2016 at 3:00 pm

Bill Murray does it all—he acts, he plays basketball (any "Space Jam" fans?), he bartends and now, he designs golf apparel. According to Golf.com, Bill Murray has partnered with his brother, Joel, and the Chive for his William…

PPAI Announces New Board Members
September 27, 2016 at 2:15 pm

Today, the Promotional Products Association International (PPAI) announced the results of its election for the 2016 board of directors, according to…

Bankrupt Hanjin Shipping Co. Unloads Stranded Cargo
September 27, 2016 at 5:22 pm

Earlier this month, we reported on South Korean shipping company Hanjin Shipping Co. Ltd.'s stranded cargo ship. Because the company filed for bankruptcy in August, it stranded several ships off the coast of California. Finally,…

ISIS Bans Nike, Adidas Jerseys
September 26, 2016 at 2:51 pm

Yes, you read that correctly: ISIS has banned supporters from wearing certain soccer jerseys, according to Complex. According to a decree, fans caught wearing gear in support of Manchester United, Chelsea, Manchester City, Barcelona or Real…