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to handle all the fulfillment for Golf Digest magazine’s Golf Digest Pro Shop catalog and online orders. Golf equipment cataloger/retailer Golfsmith on April 13 entered into a partnership with The Golf Digest Cos. “It aligns well with Brady’s core business and strengthens our position in several key areas, including government, transportation, traffic control, and grounds identification.” GOLFSMITH, GOLF DIGEST INK FULFILLMENT, ADVERTISING DEAL “EMED is a well-established brand with a proven track record of high, sustainable profitability,” Brady president/CEO Frank M. Brady is paying private equity firm Summit Partners $190 million for the $55 million EMED. Milwaukee-based Brady Corp., the $555 million parent company of business safety and signage cataloger Seton, is buying one of Seton’s rivals: Buffalo, NY-based EMED Co.
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The Delray Beach, FL-based mailer, which in September 2003 opened a boutique within retailer Marshall Field’s State Street department store in Chicago, will also unveil a shop in the flagship Marshall Field’s store on North Michigan Avenue, also in Chicago, this September. Reading accessories cataloger Levenger is opening a Boston store in The Shops at Prudential Center this month. Blair president/CEO John Zawacki said in the statement that the actions “will enable us to get closer to the markets we serve best, maintain the customer intimacy that has been the hallmark of our business, and further establish the Blair brand for a new generation of customers.” LEVENGER TO OPEN BOSTON STORE Blair brought in strategy consulting firm McKinsey & Co. According to a statement, the decision was made following an extensive consumer and brand strategy survey the Warren, PA-based company undertook to enhance profitability and shareholder value. announced May 3 that it will drop its four-year-old women’s fashion catalog Crossing Pointe early next year to focus on its core brands. BLAIR TO DROP CROSSING POINTEĪpparel and home goods cataloger Blair Corp. Hanover has had its noncore assets - plus-size women’s apparel catalog Silhouettes, upscale home decor cataloger/retailer Gump’s, and men’s apparel book International Male - on the selling block since November it also owns bedding and home decor catalogs Domestications, The Company Store, Company Kids, and Scandia Down. And from 1983 to 1996, Garten had held various financial positions at Hanover and its predecessor, Horn and Hardart Co. Garten was previously president of Edison, NJ-based toiletries marketer Caswell-Massey, a post he’d held only since January his resume also includes executive stints at Micro Warehouse and Popular Club Plan. Wachtel, a managing partner of New York-based law firm Wachtel & Masyr, and Garten have both served as members of the Hanover’s board of directors since late 2003, each as a designee of Chelsey Direct, the holder of the company’s preferred stock. Wachtel as chairman of the board and Wayne P. Shull as chairman of the board/president/CEO.
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HANOVER DIRECT SHAKEUP: SHULL OUT, GARTEN BACKĮdgewater, NJ-based multititle cataloger Hanover Direct on May 6 announced the resignation of Thomas C.