High Costs, Services Disruptions Plague Book Biz Supply Chain (publishersweekly.com)

Midland Specialty Paper & Film, a division of Midland Paper, Packaging + Supplies, is excited to announce the official launch of two (2) new stand-alone Specialty Paper & Film Catalogs – Specialty Paper and Film for HP Indigo and Specialty Substrates for Offset Printing. These new catalogs provide a unique, powerful single source for all of a printer’s Digital and Offset Specialty Substrate needs: • HP Indigo Catalog – A 170 page catalog with the most extensive offering of Indigo-compatible Coated Paper, Uncoated Paper, Text & Cover, Pressure Sensitive Films, Non Pressure Sensitive Films and Pressure Sensitive Paper in the industry. • Offset Specialty Paper and Film Catalog – A 40 Page catalog containing Offset-printable Pressure Sensitive Film, Non Pressure Sensitive Film and Pressure Sensitive Paper Substrates. Click Read More below for additional information.

According to the latest Signifyd E-commerce Pulse data for July 2024, online spending continued the growth trend seen in June, but shifted toward lower-cost items and alternatives as the fastest year-over-year growth (17.7%) was in orders under $100. Meanwhile, purchases above $500 were nearly flat with 1.5% year-over-year growth. Overall online spending was up 10% year-over-year, and the number of e-commerce orders increased 15% but average order value was down 4% compared to July 2023, which Signifyd said signals caution among consumers.

For the Three Months Ended July 3, 2021: Net sales increased 45% to $357.7 million, compared to $246.9 million during the same period last year. *Direct-to-consumer (“DTC”) channel net sales increased 48% to $196.9 million, compared to $133.0 million in the prior year quarter, driven by strong performance in both Drinkware and Coolers & Equipment. The DTC channel grew to 55% of net sales, compared to 54% in the prior year period. *Wholesale channel net sales increased 41% to $160.8 million, compared to $113.9 million in the same period last year, driven by both Drinkware and Coolers & Equipment. In the second quarter of 2020, wholesale channel net sales were adversely impacted by the temporary store closures due to COVID-19. *Drinkware net sales increased 69% to $192.9 million, compared to $114.3 million in the prior year quarter, primarily driven by the continued expansion of our Drinkware product offerings, including the introduction of new colorways and sizes, and strong demand for customization. *Coolers & Equipment net sales increased 23% to $157.8 million, compared to $128.6 million in the same period last year, driven by strong performance in soft coolers, bags, outdoor living products, cargo and hard coolers. Gross profit increased 52% to $209.1 million, or 58.5% of net sales, compared to $137.5 million, or 55.7% of net sales, in the second quarter of 2020.