It looks like Hanesbrands Inc., Winston-Salem, N.C., is all about the acquisitions as of late. Back in October, the company announced it acquired Alternative Apparel for approximately $60 million. Now, we have word that the company just purchased Bras N Things, Sydney, Australia, for $400 million in cash. According to The Winston-Salem Journal, this is…
Read MoreUnder Armour Posts $88M Loss in Fourth Quarter (But It’s Not All Bad News)
In November, Under Armour announced that its sales slump got even worse. Now we have the athletic apparel company’s fourth quarter results, and it was better than predicted. According to The Baltimore Sun, Under Armour’s stock price jumped more than 17 percent yesterday after the company reported stronger sales than it predicted to close out…
Read MoreThe Olympics Are Giving Out Plush Toys Instead of Medals After Events
It’s hard to imagine the feeling of being an Olympic athlete, let alone finding yourself on the podium after a lifetime of dedication to your sport. You know your family and friends are watching, tearing up thinking about how tirelessly you worked to achieve this monumental achievement. Your country’s national anthem plays, you radiate with…
Read MoreBIC Graphic’s New CEO Is An Industry Outsider, Which Makes Him a Smart Choice
BIC Graphic North America, Clearwater, Fla., announced yesterday that it has appointed David A. Klatt Jr. as CEO, effective immediately. Klatt is somewhat of an outsider to the promotional products industry, most recently serving as the CEO of AAMP Global, a Clearwater-based manufacturer of aftermarket automotive parts and original equipment manufacturer technology. Not completely foreign…
Read MoreDetroit Pistons Use Promotional Seat Covers to Make Money Off Empty Arena
Anyone familiar with the National Basketball Association will know that the Detroit Pistons have enjoyed two periods of admirable consistency—the 1986 through 1990 campaigns when they averaged 57 wins and won a pair of league titles and the 2002 through 2008 journeys where they advanced to the conference finals each year and pocketed a third…
Read MoreFlorida Man Says His Apple AirPods Exploded Mid-Workout
Shopping for good headphones can be tough, and often filled with audiophile jargon that the common music listener doesn’t fully understand. Do you want active noise canceling? Does it hit the highs you want? Does the driver provide enough bass? Does it explode in your ears? That last one is especially important, and you’d think…
Read MoreHow a Wooden Whiskey Glass Led to a Lawsuit for a Minnesota Drinkware Company
While many companies, Sipdark included, sell licensed Glencairn glasses, it seems that the Scottish glassmaker has decided that Sipdark’s wooden whiskey glass too-nearly resembles its iconic glass. Likely as it is that Glencairn would have found fault with Sipdark’s offering due to the design alone…
Read MoreOlympic Games Viewers Believed Host Nation South Korea’s Flag Was Pepsi Logo
Though I can identify most of the European nations’ flags (Slovenia, you definitely stumped me), I know that Sheldon Cooper would never invite me to appear on his eponymous “Fun With Flags” podcast. Being a vexillologist suits the “Big Bang Theory” character just fine, but most people would likely struggle to know what threads represent…
Read MoreAvoid Last-Minute Order Panic During Chinese New Year
Yes, it’s that time of year again. You know how it’ll go, oh seasoned sales pro! We know you are still following all of your New Year’s resolutions and refuse to give in to temptations. “In 2018, I resolve to eat less pie, spend at least one hour every morning on follow-ups and make sure…
Read MoreVideo #2: One Simple Strategy to Surge Your Sales by 33 Percent
At Proforma, we’re not calling this year 2018. We’re calling it 2X18. 2X your success, 2X your profits and 2X your fun by subscribing to our 2X18 Video Series. Video #2 reveals one simple strategy to help increase your sales by 33 percent.
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