July 2016 – Fashion Biz is pleased to announce that Alan Paleczny Sales has joined its Canadian team as the new sales agency for Southwestern Ontario.

Alan brings to Fashion Biz experience that comes with a long-standing tenure in the promotional product industry and a demonstrated professional record of service excellence. “After representing corporate products in South Western Ontario for over 15 years, I look forward to joining the Fashion Biz team,” said Paleczny. “The chance to work for a company that is fully in tune with the needs of its customers, as well as having a plan in place to meet those needs, was an opportunity I could not pass up.  I am really excited to add Fashion Biz to my agency and to get in front of my customers to present what Fashion Biz has to offer,” he added.

Alan may be reached at: 427 Woodrow Drive, Waterloo, Ontario, N2T 2V7, Tel: (519)-888-6598; Email: alanpaleczny@rogers.com

July 2016 – Following the sale of its apparel business to Gildan Activewear on May 25 for $110.0 million (all figures USD), Ennis announced net sales for the first fiscal quarter ending May 31 totalled $90.4 million. This is compared to $96.8 million in the same quarter last year, a decrease of 6.6 per cent.

“We are pleased that we were able to close the sale of the apparel business within the first quarter,” said Keith Walters, chairman, CEO and president, in an official statement. “The completion of this transaction will allow us to focus on our core print business, including pursuing acquisitions that fit our corporate strategy,” added Walters.

The quarterly net loss from the sale of the apparel business, net of tax, was $26.0 million, or $1.01 per share, resulting in a net loss of $16.9 million, or $0.65 per diluted share.

In the same quarter in 2015, net earnings were $9.2 million or $0.36 per diluted share. The company generated adjusted EBITDA from continuing operations of $13.8 million compared to $16.9 million in the first quarter of 2015.

It is with heavy hearts that Canada Sportwear has announced the passing of Mrs. Regina Goldfinger, wife of Canada Sportswear founder Mr. Charles Goldfinger and mother of Ralph Goldfinger, Howie Goldfinger and Lorie Goldfinger.

Canada Sportswear will be closed Friday, July 8th between 12 pm and 3 pm to allow the staff to attend funeral services.

For further information, please contact Canada Sportswear at 416-740-8020.