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Yuan Dips To Three-Month Low

The offshore price for China’s yuan fell to its lowest levels in three months against the dollar this week, a decline that in the short-term could pave the way for increases of Chinese exports.

Fell As Low As 6.2123 Per Dollar »


Standard Register Sues Former Employees

Top 40 distributor Standard Register (asi/333647) has filed a lawsuit against two longtime, former employees, alleging the pair used trade secrets and customer contacts to start a similar company, according to documents filed in federal bankruptcy court.

Seeking Action Against Craig Stockmal And Lynn Smith »


Digital Will Drive Ad Growth

A new report shows that online, mobile and digital advertising will spur global ad growth through the remainder of 2015 and into 2016.

To Overtake TV At End Of Decade »


American Apparel Announces Strategic Changes

Top 40 supplier American Apparel (asi/35297) has hired a new president of wholesale – the division that encompasses its promotional products sales.

Will Also Redesign Clothing Line In Fall »


Court Rules Passwords Are Property

A Texas judge’s ruling that social media passwords can be considered business property has set off a new debate about privacy and legal precedent that could affect future bankruptcy cases.

Serves As Warning To Businesses »


Proforma Introduces Guarantee For New Members

Top 40 distributor Proforma (asi/300094) announced yesterday that it is introducing a 100% guarantee for new distributor owners who join its member network.

“We Are Putting Our Money Behind Our Promise" »


Halo Finalizes Newton Acquisition

Following the announcement early last month that Top 40 distributor HALO Branded Solutions had agreed to acquire nearly all of the assets of Newton Manufacturing Company, the two companies said this week that they have completed the transaction.

Financial Terms Were Not Revealed »


Consumer Confidence Rises Sharply

Belief among consumers in the U.S. economy is surging, a just-released survey shows.

Consumer Confidence Index Rose In June To 101.4 »

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