Hanesbrands Inc., Winston-Salem, N.C., released its third-quarter financial results, which included net sales growth of 11 percent, record cash flow from operations (reaching $337 million) and double-digit earnings-per-share growth. For the quarter ended Oct. 1, net sales reached $1.76 billion, which the company attributed to organic innerwear growth and acquisition-related international growth. “As forecasted, we…
Read MoreAuthor: Brendan Menapace
Tech Startup Adds Program Allowing Business to Store, Ship Trade Show Materials
Those who frequently attend trade shows know the hassles that can come with sending things, like displays, tablecloths, signage and promotional materials, to the trade show locations. In an effort to ease that pain, DUFL Inc., a Tempe, Arizona-based startup, launched DUFL Business, an app that provides a new service for shipping event materials. “Save…
Read MoreDonald Trump Spent More on Hats than Polling
We knew that Donald Trump’s campaign spent more money on promotional products than televised ads in June, choosing to let his iconic “Make America Great Again” caps do a lot of the advertising for him. We also knew that, at least during the Republican primaries, his campaign allocated 75 percent of its total spending on marketing.…
Read MoreAmerican Apparel Reportedly Ready to File for Bankruptcy Again
Last week, we reported that American Apparel was generating interest from apparel licensors, and that a potential bankruptcy in the future could be a catalyst toward that sale. It seems that the ball is rolling, as Bloomberg reported that the Los Angeles-based apparel company is planning its second bankruptcy filing in two years. Sources close…
Read MoreDelta Airlines Integrates Luggage Tag Tracking Into App
Anyone who has lost their luggage during a trip knows that it’s not fun. There’s that sinking feeling of showing up to the luggage carousel and waiting in vain for a bag that’s hundreds of miles away. Previously, Delta Airlines worked to alleviate this issue by introducing luggage…
Read MoreNew Era Becomes Official Headwear Provider for NBA
As the 2016-17 NBA season begins, the league announced that it has inked a deal with New Era, making the company the official authentic headwear provider of the NBA, WNBA and NBA Development League. According…
Read MoreBooker Promos Inc.’s Shimon Kaminetzky Describes a Soaring Success
Some people have learned the hard way that when it comes to giving a gift—say, to your significant other—you don’t want to get them something without giving it any thought. No way. Similarly, when a client comes to you with a need for promotional products, you wouldn’t throw a dart at your catalog and just…
Read MoreHanjin Shipping to Close European Operations, Potential Asset Buyers Swoop In
Hanjin Shipping announced yesterday that it will close its European operations, a move The Wall Street Journal said points to probable liquidation. “The company’s European route services have completely halted,” the company said in a filing, according to…
Read MoreChicago Cubs Treat Famous Fans with Gift Box
After what many believe to be a few cursed decades, the Chicago Cubs have made it to the World Series. And, to celebrate the fans that have stuck by them, the team sent gift boxes to some well-known Cubs supporters, like Chicago Bears receiver Alshon Jeffery, former Chicago Bulls player Scottie Pippen, WNBA player Elena…
Read MoreApple Is Suing Over Fake Chargers
Apple filed a lawsuit last week against Mobile Star LLC, claiming that it sold knock-off charging cables for Apple devices to Amazon. Apple stated that the fake cables put customers at risk, and requested a permanent injunction against Mobile Star LLC, damages and a trial, according to Motherboard. “These counterfeits have the potential to overheat,…
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