Gift industry financial news & reports
First Data (NYSE: FDC), a commerce-enabling technology company, announced that it was sending thousands of its Clover® Go mobile credit and debit card readers to the Houston area to distribute free to business owners who were impacted by Hurricane Harvey. More
U.K.-based Clarion Events, parent company of Urban Expositions, has been acquired by private equity firm Blackstone. Earlier this month, Blackstone said it would buy International Market Centers (IMC), a deal set to be finalized in the third quarter of this year. More
Fashion Snoops, a global creative agency that helps brands and companies harness future trends, announces a new partnership with High Point Market Authority, organizer of the world’s largest home furnishings trade show. More
Sullivan, Inc., designer and distributor of everyday, seasonal and branded home decor products, headquartered in Sioux Falls, SD has announced a partnership with Winward International through a new stem line, Winward Select Exclusively for Sullivans, to be introduced at the 2017 Summer shows. More
Amazon's $13.7 billion acquisition of Whole Foods Market is a bombshell with potentially massive reverberations for both food brands and the world of brick-and-mortar retailing, said branding and retail consultants at CBX. More
HONG KONG, June 2, 2017 -- Fortune Fountain Capital (FFC), a Chinese investment group, has agreed to buy controlling stake in French crystal maker Baccarat. More
LOS ANGELES, CA – Just in time for the summer show season, Fine Lines and Jenny Hammons Co. will enter their third, and final, phase of business integration: the culmination of a partnership forged in June 2015. As of June 1, 2017, the two companies and their collective resources will be known simply as Fine Lines, a West Coast agency powerhouse representing 80 lines across a territory stretching from Las Vegas to Los Angeles to Seattle. More
C&F Enterprises, a gift and home accessories company with over 40 years of global sourcing and manufacturing experience, announces the purchase of Beachcombers Coastal Life. This marks the second wholesale acquisition for C&F Enterprises in the last 12 months, expanding on their market leadership in seasonal, gift and home décor. More
Nicole Braden Gifts / Divinity Boutique LLC has acquired Oak Patch Gifts, a leading supplier of distinctive women’s fashion accessories and unique gift products. Oak Patch Gifts product lines encompass a broad range of product categories including jewelry and accessories. More
April 25, 2017 -- The Conference Board Consumer Confidence Index®, which had increased in March, declined in April. The Index now stands at 120.3 (1985=100), down from 124.9 in March. The Present Situation Index decreased from 143.9 to 140.6 and the Expectations Index declined from 112.3 last month to 106.7. More
News From The Web
AmericasMart ICON Honorees
Excellence and superior achievement in the home and gift industry were recognized in July at AmericasMart's eighth annual ICON Honors. Enjoy these video stories celebrating the 2017 award recipients: Spicher and Company, Bloomingville, Wolf Gourmet, Her Majesty's English Tea Room, Kurt S. Adler, Inc., and Chris Rosse, Rosse and Associates.
Grab a blanket—this week’s Editor’s Picks feature autumn-themed prints, colors and fragrances, just in time for fall.