Management

Inventory Versus Non-inventory Parts
December 2, 2016 at 2:06 pm

Question: In QuickBooks, do I set up my items as “non-inventory part” or “inventory part?” Answer: Most always, ad specialty transactions are of the “non-inventory part” variety. The items ordered are customized to our clients' specifications—drop shipped directly to them, and we, the distributor, do not take physical possession. And in QuickBooks, these transactions are…

iPROMOTEu Appoints Director of Vendor Relations
December 2, 2016 at 1:35 pm

iPROMOTEu, Wayland, Mass., appointed Catherine (Pilgrim) Kruse to the position of director of vendor relations. In this role, Kruse will work closely and cooperatively with industry vendors as she leads iPROMOTEu's vendor relations department. In addition to guiding the strategic direction of…

Fruit of the Loom Names New CEO
December 2, 2016 at 12:46 pm

Fruit of the Loom, Bowling Green, Ky., has appointed Melissa Burgess-Taylor as the new chairman and CEO following former CEO Rick Medlin's death this week. Burgess-Taylor currently is the senior vice president of brand management and…

A Look Into Costs Related to U.S. Manufacturing
December 1, 2016 at 2:38 pm

Manufacturing has been a hot topic of debate during the 2016 presidential campaign, and that surely won't slow down in the coming months, as President-elect Donald Trump has made domestic manufacturing…

Woolrich Inc., Woolrich Europe Merge
November 29, 2016 at 12:00 pm

Woolrich Inc., Woolrich, Pa.; and Woolrich Europe, Bologna, Italy, jointly announced today the completion of an agreement to merge into Woolrich International, a new holding company responsible for leading and accelerating the future growth and development of the Woolrich brand, both in the North American market and worldwide. The agreement includes all of the entity's…

Fruit of the Loom CEO Dies
November 28, 2016 at 3:09 pm

Rick Medlin, CEO of Bowling Green, Kentucky-based Fruit of the Loom, passed away yesterday at the age of 68, according to ABC News. The company said in a statement that Medlin died in his home in South Carolina of natural causes. Fruit of the Loom also said it will name an interim CEO soon. We…

What Happens If Trump Labels China Currency Manipulator?
November 28, 2016 at 1:58 pm

From the very first stages of President-elect Donald Trump's plan for his presidency, he planned on labeling China a "currency manipulator" and imposing a 45 percent tariff on Chinese goods. President-elect Trump…

How Cyber Monday Affects the Promotional Product Industry
November 28, 2016 at 12:53 pm

The dust from the Black Friday stampedes seem to have settled, but a more intangible stampede is happening online today. Today is Cyber Monday—a day similar to Black Friday but without the need to camp out in front of a storefront for weeks on end in the hopes of a sweet deal. While most of…

What Is Generational Selling?
November 23, 2016 at 2:12 pm

The right fit goes a long way. Just think about it in terms of something we, in the promotional products industry, are all familiar with: T-shirts. Imagine you’re giving away 100 T-shirts. If all 100 are the same size, how many people are really going to wear them (and wear them again)? People want what…

Federal Court Blocks Overtime Rule Set to Take Effect Next Week
November 23, 2016 at 8:25 am

Yesterday, a federal judge blocked President Obama's rule to amend overtime rule regulations, which was set to take effect next Thursday, Dec. 1. U.S. District Judge Amos Mazzant agreed with the 21 states and a group of businesses, including the U.S. Chamber of Commerce, that the rule is unlawful, Reuters reported. The rule would have…