BIC Graphic To Discontinue Distribution of Sheaffer Writing Instruments
BIC Graphic’s (UPIC: BIC) distribution agreement for Sheaffer brand writing instruments is coming to an end. The last day the Clearwater, Florida supplier will accept orders for Sheaffer pens is December 11, and it will cease shipping orders of the pens on January 29, 2016. Sheaffer branded bags and accessories will continue to be sold through 2016.
In 2014, the BIC Group announced the signing of a purchase agreement with A.T. Cross Company for the sale of the Sheaffer business, and later that year it announced that BIC Graphic and A.T. Cross had signed a global distribution agreement for the continued sale by BIC Graphic of the Sheaffer line of fine writing instruments and Sheaffer branded accessories in the promotional products and business gift channels of trade around the world.
“The Sheaffer line has long been a prestigious part of the BIC Graphic catalog,” says Edgar Hernandez, vice president/general manager of BIC Graphic Global. “We wish A.T. Cross and the team at Sheaffer all the best and continued success.”
Tim Williams, general manager for Sheaffer, says, “We would like to thank BIC Graphic for their many years of dedication in developing Sheaffer business gift sales across the world.”