Private Equity Firm TPG Growth to Acquire HALO Branded Solutions

TPG Growth, the middle market and growth equity platform of San Francisco-based investment firm TPG, has acquired HALO Branded Solutions, Sterling, Ill., from Audax Private Equity. “At HALO, we strive to provide our clients with innovative, customized solutions that showcase their brand and values,” Marc Simon, CEO of HALO, said in a press release. “TPG…

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PPAI Kicks Off Promotional Products Work! Week

Promotional Products Association International (PPAI), Irving, Texas, and Promotional Products Association Of The Mid-South (PPAMS), Nashville, kicked off Promotional Products Work! Week on Friday, May 11, 2018 in Shelbyville, Tenn., also known as “The Pencil City.” Billed as the official kickoff for the national awareness event, happening this week, the event is organized by PPAMS, PPAI…

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Corporate Imaging Concepts Acquires eCompanyStore

Corporate Imaging Concepts (CIC), Northbrook, Ill., has acquired eCompanyStore, Alpharetta, Ga., creating what CIC called one of the largest promotional products distributors in the country serving major local brands, according to the Atlanta Business Journal. “Growth through strategic acquisitions is a key pillar of our strategy,” CIC CEO Bob Herzog told the Atlanta Business Journal.…

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Staples Has Laid Off More Than 200 Employees This Year

After Shira Goldman stepped down from her position as CEO of Staples in January, the company has laid off hundreds of employees. The Framingham Source estimated that 200 employees have been laid off from Staples in the 2018 calendar year. The latest round of layoffs came last week, but the exact details are currently unknown.…

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InnerWorkings Inc. Under Investigation for Securities Fraud, Faces Class-Action Lawsuit

InnerWorkings Inc., Chicago, announced in a press release that shareholder rights law firm Bernstein Liebhard LLP is investigating “potential securities fraud claims on behalf of shareholders of InnerWorkings Inc.” Today, Bernstein Liebhard announced that a class-action lawsuit has been filed on behalf of those who purchased or acquired InnerWorkings securities between Aug. 11, 2015 and May 7, 2018…

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What Exactly Is ‘Outletic’ Apparel, and Why Should You Care?

It seems like everything in apparel right now needs to have a made up word that combines a couple of words to convey its usage, like athleisure. OK, “athleisure” might be the only one, really. But now there’s talk about “outletic” apparel, a term coined by GoLite as part of its 2019 relaunch. So, what…

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