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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.…
Today, the Promotional Products Association International (PPAI) announced the results of its election for the 2016 board of directors, according to…
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…
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…
Express-A-Button, Dakota, Minn., announced today that it has acquired Nashville, Tennessee-based Sanders Manufacturing Co. (SAMCO).
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…
Today, Largo, Florida-based Hit Promotional Products announced the company has hired Marc Held as vice president. "Marc comes to us with over 20 years of industry experience," said CJ Schmidt, president of Hit Promotional Products. "We have seen great growth and success since the launch of our apparel offering and are excited to have him on…
Deluxe Corp., Shoreview, Minn., parent company of Dallas-based Safeguard, recently acquired InkHead.com, a Winder, Georgia-based online technology company focused exclusively on the advertising specialty market. Deluxe Corp. hopes that adding InkHead.com to its portfolio will strengthen Deluxe Corp.'s presence in the online market, a growing medium with digital online sales having surpassed 20 percent of the…
Gildan Activewear, Montreal, Quebec, announced yesterday that it signed an agreement to acquire 100 percent of equity interest of Peds Legwear Inc. (Peds), a Montreal-based supplier of foot apparel and leg wear products, in a $55 million cash deal. The two companies expect the acquisition to close before the end of August...
Taylor Corp., North Mankato, Minn., has completed its acquisition of Framingham, Massachusetts-based Staples Print Solutions after announcing its intent to acquire the subsidiary of Staples Inc. in April 2016. "The successful close further strengthens our foundation for future growth," Deb Taylor, CEO of Taylor Corp., said in a press release. "We are pleased to add…