Proforma Concludes First Ever Planning Retreats

Proforma, Cleveland, recently concluded its Planning Retreats, formerly known as Proforma’s Regional Meetings. This seven-city event provided Proforma owners with the opportunity to connect with suppliers, learn innovative selling techniques for 2016 and network with industry experts. Proforma’s annual meetings featured a new format to facilitate more group sharing and collaboration, and to include motivational…

Read More

The Image Group Acquires Bag Warehouse, Thirsty Promo

The Image Group, Holland, Ohio, announced yesterday that it has acquired Santa Ana, California-based companies Bag Warehouse and Thirsty Promo from Mark-it Smart. According to a press release, the deal includes Mark-it Smart’s Web-based sales platform. Bag Warehouse and Thirsty Promo sell branded items directly to businesses, rather than through distributors. Jon Levine, president of The…

Read More

Federal Authorities Subpoena Town for Insider Deals with Distributor

The U.S. attorney’s office in Chicago has issued a subpoena for the town of Cicero, Ill., requesting records for transactions with two politically connected companies, including one promotional products company. According to the Chicago Sun-Times, federal authorities requested invoices and payment records relating to You & Me Inc., a Woodridge, Illinois-based distributor, dating back to…

Read More

Samsonite LLC Acquires TUMI

Samsonite LLC, Hong Kong, announced that it has acquired TUMI, South Plainfield, N.J., in a cash transaction worth $1.8 billion. This is Samsonite LLC’s largest acquisition since its initial public offering in 2011, according to CNBC. Samsonite LLC will pay $26.75 per share in the transaction, representing a 33 percent premium of TUMI’s closing price. With…

Read More

New Container Shipping Rule Could Cause Port Congestion

A collection of global shipping logistics companies sent a letter to the International Maritime Organization (IMO) to clarify details on a new container-weighing requirement that could make big changes in the global shipping industry. According to The Wall Street Journal, the Global Consolidators Working…

Read More

New Scribble Pen Replicates Any Color with Scanner

For those of you who answer the question, “What’s your favorite color?” with “rainbow,” there may finally be the perfect pen for you. The Scribble Pen uses a special ink cartridge and scanner to replicate any color with both a ballpoint pen tip and stylus tip for tablets. According to Mashable, the Scribble Pen allows…

Read More