Industry News

HanesBrands Financial Results Show Strong Sales For 2016

HanesBrands has announced its fourth-quarter and full-year 2016 financial results, and its initial financial guidance for 2017. For this year, the Winston-Salem, North Carolina-based company is forecasting high-single-digit growth expectations for net sales, record cash flow from operations and growth for its operating profit and earnings. HanesBrands participates in the promotional products industry as supplier Hanes/Champion (PPAI 191138). Read More »

Super Bowl 51 Generates Big Money, Conversation

The New England Patriots weren’t the only winners on Sunday night. Super Bowl 51 generated $432.4 million in national advertising sales and more than $500 million in total day national television advertising for Fox, reports to iSpot.tv, and those numbers beat expectations. Read More »

Early 2017 Job Growth Expected To Be Strong

Employment picked up in January, after easing slightly in December. The Conference Board’s Employment Trends Index increased last month to 130.04, up from 129.73 in December. January’s figure represents a 2.4-percent gain in the index compared to a year ago. Read More »

PPAI’s Barnett Joins PPAS For Young Professionals Discussion

On Tuesday, PPAI Diversity Development and Engagement Manager Seth Barnett joined the Promotional Products Association Southwest (PPAS) to facilitate a young professional panel discussion. The event also included a tabletop show and luncheon. Read More »

PPAI’s Upcoming Webinars Tackle Industry Issues, Best Practices

PPAI’s webinar series in February and March explores a range of issues important to promotional products industry professionals, including apparel trends, financing best practices, and more. Read More »

PPAI Lends Its Support To Fair Port Practices Petition

PPAI has reached out to the Federal Maritime Commission regarding its support of a petition for rulemaking from the Coalition for Fair Port Practices. On December 28, the commission published a notice in the Federal Register concerning the petition, which would help bring about more reasonable demurrage and detention practices for cargo moving through U.S. seaports. In its letter to the commission, PPAI urges it to begin a formal rulemaking on the matter as soon as possible. Read More »

Facilisgroup Names Leed’s Its 2016 Supplier Of the Year

Leed’s (PPAI 112361) was named 2016 Supplier of the Year by Facilisgroup (PPAI 493664), a management consulting and technology services group for promotional products distributors. The award was presented when Facilisgroup partners and suppliers met in Las Vegas during The PPAI Expo for their 2017 Wint Read More »

alphabroder Pledges $120,000 To PPEF Tomorrow Fund

Industry supplier alphabroder (PPAI 156993) has stepped up to affirm its commitment to the professional development and success of the promotional products industry through higher education with a Platinum-Level pledge of $120,000 to the Promotional Products Education Foundation (PPEF) Tomorrow Fund. The news was first announced in a Breaking News alert on Monday. Read More »

A Brand Company Announces Executive Chairman’s Departure

A Brand Company, Inc. (PPAI 188929) announced Monday that Executive Chairman Marc Roy is no longer with the Charlotte, North Carolina, distributor and that he intends to pursue other professional and personal interests. The move was effective January 30. An immediate replacement for Roy has not been named, though the company plans to internally support the role in the interim. Read More »

Delta Apparel Releases Fiscal 2017 First Quarter Results

Delta Apparel, Inc. (PPAI 188431) released its fiscal 2017 first quarter results on Monday, reporting net sales of $85.3 million for the quarter ending December 31, 2016, down $4.8 million, or 5.4 percent, from $90.2 million for the 2016 first quarter. The Greenville, South Carolina-based supplier reports that Art Gun and e-commerce showed strong revenue growth but overall sales for the quarter were hindered by the impact of Hurricane Matthew, the closure of a large sports retailer, lower sales in Junkfood’s specialty channel due to the difficult retail environment, and inventory destocking at major retail licensing accounts in the Delta catalog business. Read More »

  • Categories

  • Tags