A promotional products distributor is seeking $300 million from Paris Business Products Inc., Westampton, N.J., for allegedly cheating it out of commission from a new jump-starter for cars. According to…
Read MoreAuthor: Brendan Menapace
Investment Firm Explores Purchase of Polyconcept
Investcorp Bank, a Bahrain-based investment firm, currently is exploring a sale of Polyconcept, Roelofarendsveen, Holland, potentially worth more than $1.3 billion. Reuters reported that Investcorp Bank is working with two other investment banks, William Blair & Co. LLC and Barclays PLC, in the auction for Polyconcept. The auction currently is in its second round of…
Read MoreFlorida Town Sponsors Pittsburgh Penguins Promo, Upsets Tampa Bay Lightning Fans
Sports fans can be brutal. Have you ever showed up to a game wearing the away team’s colors? You’re likely to be on the receiving end of some glares (or worse).…
Read MoreTed Cruz Merchandise Sells Big at Texas Convention
Though his run for the presidency is over, Sen. Ted Cruz’s campaign merchandise was a hot commodity at the Texas GOP convention. According to The Dallas Morning News, merchandisers had a large surplus of…
Read MoreRapper Sells Fully Customizable Merchandise
Hip-hop artist Chance the Rapper just released his new mixtape, “Coloring Book,” and to commemorate the release, he put new merchandise items on his Web store. What’s interesting, however, is that all of the items are fully customizable. Chance…
Read MoreIs This the Most Merchandise-heavy Election Year Ever?
Previously, we reported on the amounts each presidential candidate was spending on promotional products. Now, we can take a look at how much supporters are buying, and which candidates are selling the most products. According to The Fiscal Times, Donald Trump and Sen. Bernie Sanders are leading the pack in terms of merchandise. Trump and…
Read MoreLast Chance to Vote! PM Video Battle: PWS Versus Sonic Promos
Promo Marketing’s Video Battle pits two industry videos against each other for the chance at the ultimate bragging right: Being declared our readership’s absolute favorite. (Next up: Happy Friday the 13th! Try not to walk under any ladders/cross paths with any black cats today. Or do both if you like to live dangerously.) Last week, Staples…
Read MoreStaples-Office Depot Merger Blocked by Federal Judge
After a lengthy battle in court, a federal judge blocked the merger of Staples and Office Depot on Tuesday, forcing the two companies to abandon their merger, Bloomberg reported. U.S. District Judge Emmet Sullivan sided with U.S. antitrust officials, agreeing that the combination of the two companies would affect competition in the marketplace. In January,…
Read MoreDelta Apparel to Close NC Facility, Shift Operations to Honduras
Delta Apparel, Duluth, Ga., announced that it will close its textile manufacturing facility in Maiden, N.C., and will cut 160 jobs in order to reduce costs. According to a press release, the company plans to invest $7 million to expand its overseas operations, and will transition production from the Maiden facility to its facility in…
Read MoreNew ‘PRINCE Act’ May Stop Merchandise
Following the death of Prince, many Minnesota residents took the opportunity to create commemorative merchandise, thanks to the state’s lack of legislation that protects deceased celebrities’ images on merchandise. However, that purple gravy train may be coming to a halt, as Minnesota lawmakers are rushing to enact a…
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