Posts Tagged ‘custom promotional t-shirt’

Promotional Products News

Wednesday, April 10th, 2013

APR 9, 2013 – BY COUNSELOR

As part of an effort to build greater financial strength, American Apparel (asi/35297) announced Friday that it successfully completed refinancing of its secured debt. The Counselor Top 40 supplier recently closed a private offering of the $206 million principal amount of its 13% senior secured notes due in 2020. It also entered into a new $35 million five-year asset-backed revolving credit deal with Capital One Bank. American Apparel used the net proceeds from the offering of notes, together with borrowings from the new credit line, to repay and terminate its prior credit facilities with Lion Capital LLC and Crystal Financial LLC.

Under the five-year agreement with Capital One, first lien borrowing costs will be significantly reduced – one of a number of financial advantages for the Los Angeles-based manufacturer of fashion basics. “Our new debt arrangements, coupled with improved financial performance, will provide added flexibility in delivering upon our operating plan for 2013 and beyond,” said Dov Charney, American Apparel’s chairman and CEO. “This financing effort will allow us to further focus our efforts in driving profitability for the benefit of all our stakeholders.”

After talk of bankruptcy circulated around the supplier in 2011 following an $86 million loss in 2010, American Apparel has orchestrated a steady rebound in its operations. While the company’s overall revenues have also grown, its performance specifically in the North American ad specialty market showed marked improvement: revenue increased 7.3% to nearly $97 million. That gain followed a 2011 in which sales rose 1.8% to $90.2 million.

“We look forward to building our relationship with American Apparel to help position the company for continued market leadership, growth and success,” said Michael Burns, senior vice president and asset-based lending regional manager at Capital One Bank.

Promotional Products and Promotional Items

Custom Promotional Apparel for Your Business

Wednesday, July 25th, 2012

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Have you ever wished you could advertise in a large format manner, but simply could not find 1,500-30,000 in your monthly budget? Superior Promos has the perfect solution for your business. Promotional Apparel customized with your brand or logo turns your customers and employees into walking advertisements (no cruelty involved) for a fraction of the cost while providing numerous other benefits including:

- Strengthening and reinforcing your brand

- Economical form of advertising

- Increased employee morale when worn as a workplace uniform.

- A more welcoming work atmosphere

Many fortune 500 companies utilize Promotional Apparel whether it is for casual friday or for an outside event. If your company is interested in following in their footsteps then allow us to be of assistance. Shop our wide selection of Promotional Apparel including: Custom T-Shirts, Promotional Polos, Promotional Caps, Visors and Bandanas, Performance Apparel, Fleece, Jackets and Outerwear, Dress Shirts, Kitchen Wear, Sandals and Belt Buckles! 12

A Quick Overview of the Value of Promotional T-shirts

Thursday, April 23rd, 2009

 A travel agency, specializing in commercial clients, sent every department head in each company for which it provided services a case filled with custom t-shirts as advertising promotional products to kick off the summer season. The tee shirts were adorned with the travel agency’s imprinted logo of a palm tree against the selected color of Natural for the shirt. Weighing only 5.6 ounces, this custom promotional t-shirt  provided a lightweight summer casual wear for the clients and their employees in addition to being a personalized product that served as an ideal advertising and promotional item for the travel agency. For more information regarding custom t-shirts please, visit www.superiorpromos.com