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Gildan Activewear Acquires American Apparel Following Bankruptcy Filing
November 14, 2016 at 3:12 pm

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…

Raining Rose Inc. Acquires Solar Advertising Inc.
November 14, 2016 at 1:34 pm

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…

American Solutions for Business Acquires Peter Kleine Company
October 25, 2016 at 6:33 pm

American Solutions for Business (ASB), Glennwood, Minn., announced the acquisition of Peter Kleine Company, Litiz, Pa. Financial details of the acquisition were not released. The Peter Kleine Company team is made up of approximately 12 employees, and will continue to do business from its 36,000 square foot headquarters, while maintaining its identity as Peter Kleine…

HALO Branded Solutions Purchases Clean Fun Promotional Marketing
October 18, 2016 at 12:15 pm

HALO Branded Solutions, Sterling, Ill., announced that it has acquired the assets of Costa Mesa, California-based Clean Fun Promotional Marketing in an auction. HALO Branded Solutions purchased the company's assets from Delivery Agent as part of the latter's restructuring. "The Clean Fun team will make an immediate and positive impact for HALO and, in return, HALO…

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.…

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…

Industry Leader Jack Nadel Passes Away at 92
September 26, 2016 at 3:12 pm

Jack Nadel, businessman and industry leader, passed away at his home in Santa Barbara, Calif., on Sept. 24 at the age of 92, according to PPB Newslink. Nadel started distributor Jack Nadel International with his late…

American Apparel CEO to Step Down
September 23, 2016 at 12:28 pm

Los Angeles-based American Apparel CEO Paula Schneider plans to resign from her position, effective Oct. 3. Women's Wear Daily reported that Chelsea Grayson, American Apparel's general counsel and chief administrative officer, is in the process of transitioning into the role of CEO. This comes after a rocky period for the apparel company, including a rebranding effort, a legal…

Boston Red Sox Cancel 'Racially Insensitive' Bobblehead Giveaway 5 Hours Before Game
August 10, 2016 at 12:32 pm

Last night, just five hours before game time, the Boston Red Sox decided to postpone a David Ortiz bobblehead giveaway because they found it inaccurate and racially offensive. Red Sox president Sam Kennedy saw the bobblehead, which commemorates Ortiz's speech following the 2013 Boston Marathon, and decided it wasn't a good representation of the star…