IMPRINT CANADA
Supplier News
THE MARKETING AND INFORMATION SOURCE 28, FOR IMPRINTABLE PRODUCTS May/June 2021 - Volume Issue 3
Fashion Biz Welcomes Greg Lonsdale to its GTA Team Fashion Biz would like to welcome and introduce Greg Lonsdale as the latest addition to its team, joining Fashion Biz’s expanding GTA sales team as a Senior Account Manager. Greg has 14 years of industry experience and has most recently been working for Polyconcept / Trimark Sportswear. The company is looking forward to boosting its presence and service in the GTA through his first-rate sales and client management skills.
“I am excited to have this opportunity to reengage with my GTA clients and lay out the many benefits of dealing with Fashion Biz. I believe in their products, growth strategy and am excited to contribute to their Canadian growth plans.” Greg will be managing GTA clients and is contactable via email: gregl@fashionbiz.ca or cellphone 647-267-8055. He will be operating out of the company’s GTA office at 15 Sims Crescent, Richmond Hill, ON.
GLOBAL RETAIL NEWS Canadian fashion firm Aritzia acquires menswear brand Reigning Champ Aritzia is accelerating its product expansion strategy for menswear through a definitive agreement to acquire athletic wear manufacturer Reigning Champ, a leading designer and manufacturer of premium athleticwear. Aritzia will acquire 75 per cent of Reigning Champ based on a total enterprise value of approximately $63 million, with the remaining 25 per cent equity interest purchased through 2026.
Canadian uniform provider Unisync Corp posts Q2 FY21 sales of $21 mn
Walmart invests in drone delivery provider Walmart announced its investment in DroneUp, a US-based drone services provider, to develop a scalable last-mile delivery solution. Last year,Walmart had partnered with DroneUp to launch trial deliveries of at-home COVID-19 self-collection kits.The trial demonstrated that Walmart could offer deliveries in minutes versus hours. DroneUp operates an on-demand drone delivery network that matches its database of more than 10,000 Federal Aviation Administration (FAA) certified pilots to missions nationwide. “Walmart already has a significant part of the infrastructure in place – 4,700 stores stocked with more than 100,000 of the most-purchased items, located within 10 miles of 90 per cent of the US population.This makes us uniquely positioned to execute drone deliveries, which is why our investment in DroneUp won’t just apply to the skies but also the ground. In the coming months we’ll be beginning our first operation at a store in Bentonville, Arkansas,” the release said. Earlier this year, Walmart had announced a similar investment in Cruise, an all-electric autonomous vehicle company.
Unisync Corp reported a 24 per cent sales decline to $21.1 million (all figures Canadian dollars) in its second quarter (Q2) FY21 ended on March 31, 2021, compared to sales of $27.7 million in same period of previous fiscal. The company incurred a net loss of $0.78 million. In its outlook, the company stated that the Covid vaccination across the US and a rise in domestic travel will cause a strong increase in uniform sales to its airline accounts as well Emblemtek_Imprint_May-June-2021-1.pdf 1 04-16-2021 as other accounts in the transportation and hospitality sectors.
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IMPRINT CANADA | June 2021
Source: Fibre2Fashion.com
3:18 PM
ONLINE EDITION
www.imprintcanada.com/magazine
NEWS 1
TRANSITIONG FROM PPE TO CORE PROMO PRODUCTS CONTʼD PG 10
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5 NECESSITIES TO NAVIGATE THROUGH THE FOG CONTʼD PG 6
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SUPPLIER NEWS / GLOBAL RETAIL NEWS
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HOW TO ACT WHEN YOUʼRE THE TOP DOG
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KICKSTART YOUR DIGITAL TRANSFORMATION
NEW PRODUCT SPOTLIGHTS 18 22 28
WEARABLES SHOWCASE ADVERTISING SPECIALTY SHOWCASE SUPPLIES & EQUIPMENT SHOWCASE
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