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March 17, 2009 |
| THIS WEEK'S HEADLINES |
INDUSTRY NEWS |
PPAI NEWS |
AIA/Promotional Programs Becomes TouchStone Promotions "The new name of our company best reflects the nature of our promotional marketing and merchandise business," says Delisa Laterzo, owner and president, in a news release from Steamboat Magazine. "We will remain part of the nationwide Adventures in Touchstone will continue to operate as an independently owned company from its current location in Steamboat Springs. American Apparel To Repay Debt With New Financing Lion Capital will provide $80 million in secured second lien notes, which mature December 31, 2010, and come with detachable warrants. Lion Capital also received detachable warrants for an aggregate amount of 16 million shares of American Apparel common stock with a strike price of $2. American Apparel stock closed last Thursday at $1.49. Lion Capital Partners Neil Richardson and Jacob Capps intend to join the supplier's board of directors. "American Apparel fits well with our focus of investing in strong, differentiated consumer brands and we look forward to a successful and enjoyable collaboration," says Richardson. Former Norwood Employees "We are excited to be once again working with our distributor partners," says Doug Miskimen, Cedar Crest president. "We believe that our attention to detail and prompt, consistent deliveries will help them meet their customers' needs and grow their businesses." HALO/Lee Wayne AdNov's 17-member sales team will join HALO/Lee Wayne, selling under the Lee Wayne brand. "We have always had a keen focus on growing our business through service and innovation. HALO/Lee Wayne has incredible marketing tools and a service platform that will be a substantial upgrade for our customers," says Randy Elliott, AdNov president. Operational responsibilities for AdNov will be transitioned to HALO/Lee Wayne's operational headquarters immediately. "AdNov has successfully served an impressive client base for more than 70 years. Their culture of serving their sales force and clients fit very well with the HALO/Lee Wayne service model," says Marc Simon, HALO/Lee Wayne CEO. Promotional Products Firms Recent news reports revealed that some companies are limiting their contributions to employee 401K plans to conserve cash, while others are forgoing the start of a new plan. When asked about their own retirement options, however, most PPAI members interviewed say they have no plans to cut back on contributions. Visit PPB online to read what they had to say. |
PC Academy Helps You Meet Clients' Needs Featuring one of the industry's most highly-sought speakers, Cliff Quicksell, Jr., MAS, PC Academy will help boost your consulting skills and elevate your business to a higher level. Space is limited, so to make sure you've got a spot for this hot-ticket event, register here. Attend PPAI's Latest CPSIA Webinar Susan DeRagon, associate director, Toys & Premiums for Specialized Technology Resources (STR), will address basic U.S. safety requirements for various types of promotional products and their potential concerns or challenges next Tuesday, March 24, at 1 pm CST. You can register for this webinar here. Space is limited, so sign up today. Now's Your Chance To Be Part Of Principals of member distributor companies who complete the survey by Monday, April 6 will be entered into a drawing for a chance to win two round-trip airline tickets to anywhere in the continental United States. This independent study is directed by Dr. Richard Alan Nelson, professor of advertising at Louisiana State University, and Richard Ebel, a veteran of promotional products industry research; it comprises the official distributor sales estimate for the industry. As in previous years, the information you report is completely confidential. It will be seen only by the researchers at Louisiana State University who will integrate it into an industry-wide estimate of sales. For more information, contact Nelson at 225-578-6686. Stay On Top Of Trends With The New Product Pavilion Sequel This premier directory is full of head-turning products that you won't want to miss out on. It's landing in member mailboxes soon, so keep an eye out for your copy of April PPB and the New Product Pavilion Sequel. Promotional Consultant Magazine: New Look, Same Great Content Check out Promotional Consultant and see what you can do with a bigger, better promotional consulting resource from PPAI. Click here to subscribe. To acdvertise, all Mike McClintic at 469-645-2441. ppai law
Voice Your Opinion On The Employee Free Choice Act Under current law, individuals interested in organizing a union must file a petition with the National Labor Relations Board (NLRB) that demonstrates that 30 percent of potential union members want to have a union organizing election. Generally, potential union members sign an authorization card indicating their desire to join a union. Within 45 days of receiving the petition, the NLRB then will conduct a secret ballot election to let employees decide whether they want to join the union. Instead of using a petition to force an election, under this bill if an organizing campaign can collect signed authorization cards or a petition from more than 50 percent of the employees (this is often referred to as the "50 plus one" rule), the employer would be required to recognize the union without a secret ballot election. PPAI opposes the Employee Free Choice Act. If this proposal is of concern to you, contact your representatives and senators to vote against these bills. PPAI has provided a form letter on the PPAI LAW website that can be used for this action. |
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PPAI And MANAfest Provide Value, Services
To Multi-Line Reps Manufacturers today are working with reps who invest in professional development. A rep who is better informed, better prepared and better trained is the rep who wins. At MANAfest, reps will learn from the experts how to diversify business and rebuild corporate culture, as well as what challenges are facing the industry. PPAI members will receive a $200 discount on registration for the conference. For more information on MANAfest 2009, click here. regional news SAAGNY Offers Compliance Testing At PROMOTIONS EAST Bridgeport, Connecticut-based supplier Prime Resources Corp. (UPIC: PRIME) is providing its trained technicians and XRF handheld scanning devices at the request of SAAGNY, says Rick Brenner, president and CEO. Prime has been testing products in-house since 2007. Self-testing allows suppliers to issue General Conformity Certificates (GCCs) for products that meet the standard. Beginning February 10, 2010, third-party testing will be required. Brenner explains that products made with the same material throughout as well as those made with more than one type of material can be tested. If both types of products are tested and show to have no lead in them, there's no need for further testing, he says. "Compliance with CPSIA will be a challenge for all suppliers and distributors, and we hope that the QAC will not only offer an important service but will also provide an educational opportunity for all attendees," says Jonathan Riegel, CAS, SAAGNY president. |
Massachusetts Policymakers Company officials also may only provide meals to healthcare practitioners as part of training or educational events; meals for spouses and guests are prohibited. Additionally, payments of $50 or more will be disclosed publicly, posted on a public website overseen by the Department of Public Health. These companies also must pay $2,000 to file disclosures to subsidize the website and must submit the information by July 2010.
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DIGISPEC® Promotes Burka, Mize Mize, who was previously a customer service representative, now oversees marketing opportunities for major accounts and coordinates daily marketing opportunities. Dunbrooke Promotes Buckner Geiger Promotes Dobransky She began her career at Geiger in 1981 providing order processing and later fulfilled pre-sales support functions before becoming the marketing coordinator for the marketing team, assisting with the development and implementation of numerous marketing initiatives. Proforma Adds Nine Affiliates Vantage Apparel Hires Baidas Larry is responsible for sales in Southern California and Nevada and Marvin handles day-to-day operations. Additionally, Laura Brewer will handle Northern California, Northern Nevada, Oregon and Washington. Visstun Promotes Crumpler, Piano
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FedEx Named To Fortune List The accompanying article, published in the March 16 edition, says the companies that ranked on the corporate reputation list earned admiration for several reasons, among them a strong, stable strategy, which "confers important benefits in unstable times." Pioneer Line Honors Reps Awards for one year of service went to Jules Scheck, Karen Marden and Jason Bickoff of Wayne, New Jersey-based Jules Scheck Associates LLC (UPIC: JULE8456). Five-year service awards went to Bob Ferguson and Rachel Webb of Vancouver, Washington-based Reps West Coast and to Jon Henrickson of El Dorado Hills, California-based Henrickson and Associates (UPIC: PROMOREP). The 10-year service award was given to Joy Jacobs of Multiline Marketing Group. Original Tube T-Shirt Company Named An Emerging Business "It's truly an honor and a privilege to receive this award," says Ellen Cohen, president. "It encourages me to continue to move my company in the direction of diversity in business, and it affirms our commitment to this sector and our customers." TRG Grants Horizon's Award milestones Fifty-Year-Old Company Initiates Ford has assisted in gathering items for the permanent collection housed at PPAI headquarters in Irving, Texas, and also contributed to the collection that was once housed at the now-defunct National Advertising Museum in Portland, Oregon. Ford says borrowed items will be returned in the same condition as they were received. For more information or to offer a product for display, contact her at 760-772-0002 or mcf6@verizon.net, or contact current MARCO President Nancy Gudekunst, MAS, at 800-335-1829. |
Check out automotive gear and water-resistant apparel, and hear more industry news on this week's Industry Show. |
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Entrepreneurialism On the Edge It's All Fun And Games Clothes For Kiddos Diamonds In The Economic Rough |
Close Up: Peter Hirsch Managing With EaZe Picture Perfect
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A distributor asks: How do you use samples during a sales presentation? Do you bring exactly what the client asked for and nothing else? Or do you bring several different options and include multiple price points for each? What's your answer? E-mail answers along with your name, title and company name to Question@ppai.org by March 27 for possible inclusion in the June 2009 issue of PPB magazine. |
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