Distributor News
Proforma, Cleveland, says it can no longer be billed as "he $500 million technology and business success leader" after it broke its own record with $600 million in sales for 2022.
Ask the Accountant… Question: I have been a distributor for over 25 years, and would like my daughter to take over my business in the next five years. She is concerned that being a distributor is not a long-term business. What do you think? Answer: Being an ad specialty distributor is definitely a long-term, lifetime…
The promotional products industry has another billion-dollar distributor. This morning, 4imprint, Oshkosh, WI, announced that it expects $1.14 billion in 2022 revenue, an increase of 45% from the year prior.
Last week, it was announced that private equity firm Champlain Capital acquired iPROMOTEu from its original private equity owners, Align Capital Partners. Calling the transaction "a simple financial recapitalization," iPROMOTEu president and CEO Ross Silverstein said it will be "business as usual going forward."
PromoStandards, Bethlehem, PA, introduced its new Service Provider Committee responsible for enhancing PromoStandards service provider members' experience, from the onboarding process to contributions to standards and best practices for service provider members.
HALO, Sterling, Ill., announced that the company surpassed $1 billion in 2022 sales. The company made the announcement last night at its Sales Achievement Gala in Las Vegas during the PPAI Expo. This is the first time HALO has reached $1 billion in annual sales. "This milestone is the result of a singular focus by…
Proforma, Cleveland, recently celebrated the launch of its 7,500th e-commerce store, made possible by the company’s built-in-house, user-friendly, and customizable e-commerce solution, ProStores. Proforma reached this landmark figure due in part to the success of the e-commerce Certification Program. This program has allowed for Proforma distributors to educate themselves on best practices and how to…
Stran, Quincy, Mass, announced that promotional product industry veteran Nicole Brown has joined the management team in the role of vice president of operations, reporting to COO Sheila Johnshoy. Brown began working as a full-time contractor at Stran in August of 2022 to help project-manage the implementation of NetSuite at Stran. In her new role…
I have heard lots of excuses for people not to making sales calls or recruiting calls. One of the most common excuses I hear is that people are afraid they may be asked a question for which they don’t have an answer. They are afraid that not having all the answers will make them look…
Fully Promoted, West Palm Beach, FL, announced the appointment of Andrew Titus as its new brand president. Titus, who also serves as executive vice president of development for United Franchise Group (UFG), will leverage his extensive franchise sales and development experience to accelerate the growth of Fully Promoted, both…