Carhartt Recalls Flame-Resistant Sweatshirts Dearborn, MI-based workwear brand Carhartt notified customers on Wednesday, August 17, that nine styles of its flame-resistant sweatshirts showed inconsistencies in testing and may not meet performance standards for industrial garments. Though the company has received no reports of injuries or product failures, it has asked for all affected garments to be returned for a refund. Read Article
Cintas Acquires G&K Services Top 40 distributor Cintas (asi/162167) announced Tuesday, August 16, that it will acquire uniform rental company G&K Services (asi/199845) for $2.2 billion. Upon completion of the merger, G&K Services will be a wholly owned subsidiary of Cintas, and will initially operate under the G&K brand name. Read Article
ASB Reports Significant Growth Top 40 distributor American Solutions for Business (ASB, asi/120075) announces that it has achieved more than 15% growth for its fiscal year ending June 30. Over the past four years, ASB has seen a compound annual growth rate of more than 10%. READ ARTICLE
The Joe Show: Make a Note of These New Products
In this episode of The Joe Show, Product Editor Joe Haley has a few unique new products for the fall season. Check out the Backlit LED badge, an infinity scarf with built-in pocket, a hockey puck-shaped cellphone stand and more.
alphabroder to Close Two Warehouses
Public records reveal that Top 40 supplier alphabroder (asi/34063) will close two warehouses in the next two months, resulting in the potential layoffs of 233 employees. The warehouses, based in Philadelphia and Niles, MI, originally belonged to Bodek and Rhodes (asi/40788) before the supplier merged with alphabroder in December.
Notices were posted online on the state government websites of Pennsylvania and Michigan as part of the Workforce Adjustment Retraining and Notification Act (WARN) – federal legislation that requires at least 60 days’ notice for certain business closings and mass layoffs. A notice filed for Pennsylvania revealed that alphabroder will close its Philadelphia warehouse on October 10, with 143 employees being affected.
Report: American Apparel Hires Investment Bank, Explores Sale
Sources say that Top 40 supplier American Apparel (asi/35297) has hired investment bank Houlihan Lokey to explore a sale, as reported by Reuters. The news comes six months after the apparel company came out of Chapter 11 bankruptcy, and almost two years after the ouster of controversial founder and CEO Dov Charney.
“As we have regularly communicated to employees, vendors and customers, we continuously evaluate strategic alternatives,” said American Apparel, which is now owned by its former creditors, in a statement. Houlihan Lokey refused to comment.
Delta Apparel Reports Earnings Decline
Supplier firm Delta Apparel (asi/49172) announced that net sales were $111.6 million in its fiscal third quarter of 2016, which ended July 2, down from $120.5 million in the prior year’s third quarter, a decline of about 7.4%.
For the first nine months of fiscal 2016, net sales were $310.9 million compared with $328.9 million in the prior year period, which included $13 million in sales attributed to the since-divested The Game business and the discontinued Kentucky Derby license. Despite continued weakness in the retail environment, the company reported continued strong gross margins resulted in a year-over-year margin expansion of 150 basis points.
The Market Share of Every Promotional Product
What are the most popular product categories in the industry? ASI’s exclusive data reveals the results for 24 different categories. Plus, our infographic crunches the numbers and shows how much the tech category has grown in the last few years.
Call for Nominations: Supplier Sales Rep/Supplier CSR of the Year
Supplier Global Resource, the industry's only magazine dedicated to ad specialty suppliers, is holding its 7th annual Supplier Sales Rep of the Year contest to recognize outstanding performance, exemplary service and top-notch professionalism. In addition, the magazine will recognize the best supplier customer service rep – a person who continually goes over and above for his or her distributor clients.
Distributors, do you work with a supplier customer service rep who makes your job infinitely easier, faster and more streamlined? Do you have a supplier sales partner who always puts you and your customers’ needs first and has a “do whatever it takes” attitude to make you shine? If you know the perfect contenders for both awards, email the nominees’ names and details regarding what makes her or him award-worthy to Michele Bell (firstname.lastname@example.org), editor of Supplier Global Resource, by Friday, September 9.
In the News
BIC Graphic (asi/40480) received several Supplier Awards at the annual Proforma Convention held July 24-27 in Las Vegas. In the Printing Services category, BIC Graphic Calendars was awarded bronze and in the Promotional Products category, silver.
Pop! Promos (asi/45657) has been ranked #135 on Inc. Magazine’s 2016 list of the 5,000 fastest-growing, private companies in America.
Proforma (asi/300094) has announced that 14 of its Member Owners have been named to Inc. Magazine’s 2016 list of the 5,000 fastest-growing, private companies in America:
Proforma Albrecht & Co. ranked #4678
Proforma 3rd Degree Marketing ranked #1794
Proforma Signature Solutions ranked #2406
Proforma Destiny Promotions ranked #4901
Proforma Graphic Services ranked #4794
Proforma Key Solutions ranked #3557
Proforma Irvine Group ranked #960
Proforma ASAP ranked #4304
Proforma Promotionally Yours ranked #4083
Proforma Dynamic Resources ranked #2854
Mack Packaging, Powered by Proforma ranked #4328
inMotion Brand Strategies, Powered by Proforma ranked #4242
ABC Printing Company, Powered by Proforma ranked #4838
Retap (asi/80263), a European water bottle company, has expanded its global reach by opening Retap, North America. Jennifer Libby Fay serves as president of the North American operation.
S&S Activewear (asi/84358) has announced the latest additions to their market segment catalogs, Fashion Source and Outerwear Source, complementing the earlier released Teamwear and Corporate Source collections.
ESP® CRM And Orders Rolling Out
Latest features help distributors save time, create faster and more accurate orders and organize customer info, all in ESP. Find out more.
Distributors Get Instant Access
The Magnet Group and Hit Promotional Products are now fully integrated with ESP®, giving distributors instant access to product inventory and the most updated pricing from the integrated suppliers. Find out more.
KEYNOTE SPEAKERS ANNOUNCED FOR THE 2017 ASI SHOWS
The ASI Show delivers an experience you won’t find anywhere else! We value our members and make attending the ASI Show affordable and easy. Plus, we bring high-profile keynoters who offer valuable advice to inspire and help you grow your business. Register today and see:
As an ASI member, you get FREE general admission to the keynote, plus you’re able to purchase an early-admission ticket so you get the best seat in the house! Or purchase a meet-and-greet ticket (which includes early admission seating) to get one-on-one exposure and a photo with these presenters. But, act now – availability is limited!
Register early using promo code PROMOGRAM to take advantage of special offers. For more information on the 2017 ASI Shows, visit www.asishow.com.