Promo Industry M&A Activity Surges
The promotional products industry sizzled with merger and acquisition activity in January, outpacing the same period from last year. Ad specialty executives expect the trend to continue, saying a variety of factors – including a rapidly changing marketplace – are increasing the number of M&A deals. Read Article
Hagan Back As Sweda CEO
As first reported Monday in a Breaking News Alert, Jim Hagan is returning to the position of president and CEO of Top 40 supplier Sweda (asi/90305). He will run the firm’s day-to-day operations effective immediately. Kenneth (KB) Marshall, who had previously replaced Hagan as CEO in 2015, is no longer with the firm. Read Article
How Stand-Out Decoration Increases Apparel Sales
With a flood of garments in the promotional apparel market, you need a hook to set your proposal apart from the competition. Decorating techniques are constantly evolving and creative applications make it possible to present an option that can’t be shopped around. Here are five key ways to help you leverage decoration – and win more bids and boost profits.
The Joe Show: Awesome Promos
In this episode of The Joe Show, Product Editor Joe Haley spotlights several new items, including a fun golf giveaway, a 3-D bottle opener, a great travel piece and a practical gift hospitals can give to new parents.
Proforma Announces Record Number Of Million-Dollar Sellers
A record 171 Proforma (asi/300094) owner-affiliates sold more than $1 million in 2016, the Top 40 distributor announced Monday. As a result, 16 owners will be inducted into Proforma’s Million Dollar Club, while 14 owners will be welcomed into the Multi-Million Dollar Club for the first time.
Ennis Purchases Wisconsin Printer, Folder-Maker
Top 40 supplier Ennis, Inc. (asi/52493) bought Independent Printing Company, Inc. in a stock purchase deal that closed Friday. Financial terms of the transaction between Texas-headquartered Ennis and the Wisconsin-based folder maker/printing company were not released. The buy expands Ennis’ network of folder facilities.
LinkedIn Releases Most Overused Profile Buzzwords
Business-centered networking platform LinkedIn has released its sixth consecutive ranking of the most overused profile buzzwords from users across the globe over the past 12 months. In a blog post published on January 25, the company unveiled the list in order of usage frequency. The list includes words like…
Video: Generate Fresh Ideas
In this edition of The Tip of the Week, Executive Editor Christopher Ruvo dishes four tips for how distributors can generate fresh, creative branding concepts that energize clients' marketing – and keep those customers loyal.
In the News
Cutter & Buck (asi/47965) has been named the official apparel partner for this year’s European Solheim Cup team. Longtime brand ambassador Annika Sorenstam, the European captain, will help design the team’s uniform. The 2017 Solheim Cup will be held August 14-20 at Des Moines Golf and Country Club in Iowa.
People on the Move
Ariel Premium Supply (asi/36730) has appointed Christopher Duffy to serve as director of marketing.
Benchworks (asi/137190) welcomes Jake King as vice president, group creative director.
Bristol ID Technologies (asi/42034) welcomes Jeff Bill as president. Prior to joining Bristol, Jeff worked for the Brady Corporation as general manager for the company’s security group business unit. In that role, Jeff led an organization of over 100 commercial and technical employees, and was responsible for the company’s global manufacturing network. Before his time at Brady, Jeff spent several years working for the Boston Consulting Group, leading consulting projects for Fortune 500 companies focused on growth strategy, M&A and supply chain. He also spent nearly a decade at GE Healthcare in a variety of engineering, marketing and project management roles.
Imagen Brands has named Kelsey Cunningham regional sales manager representing both Crown (asi/47700) and Vitronic (asi/93990) in the Texas territory and Ryan Meulemans district sales manager in the West, Southwest, and Southeast regions.
PWS (asi/75731) welcomes Daniel Pendleton as Southeast regional sales manager.
S&S Activewear (asi/84358) has promoted Regina Tuitasi to its corporate team as national customer service manager.
Click here to see all of this month's industry personnel announcements.
FIND NEW PRODUCTS AND GROW YOUR PROFESSIONAL NETWORK AT ASI SHOW DALLAS
Attending ASI Show® Dallas isn’t just about sourcing new promotional products for your clients, but also expanding your industry network, learning the latest trends and discussing sales goals and client needs face-to-face with colleagues. Register today using promo code promogram!
The three-day schedule, February 1-3, gives you ample opportunity to network with other professionals who are serious about doing business at these events: