August/September 2010

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NEWSLETTER

2010

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Affirmation Circles are Available

The Lastest Thing has a wide variety of Affirmation Circles.

he Latest Thing has Affirmation Circle jewelry available to local retail stores across the country.

The jewelry, circles with inspirational words, can be strung as a necklace, bracelet or anklet.

The circles can also be carried in a pocket, put on a zipper pull or key ring or added to shoelaces. The only limit is the customer’s imagination. The circles have been featured in many major publications and have gained additional exposure from celebrities. Favorites are “Love,” “Dream” and “Believe.”

Sonoma Offers Quick-Turnaround Silicone Bracelets

Sonoma can get you silicone bracelets quickly.

ew from Sonoma, not just pins, are SPEEDYBOSSED™ SILICONE BRACELETS, which are seven-day wonders. Sonoma, the leading producer of awareness and promotional products is creating and delivering silicone bracelets in just seven working days, according to a press statement from the company.

SPEEDYBOSSED™ Silicone Bracelets, with your customized message, are great for fundraisers, awareness events, charities and sports. Choose from 14 solid colors or mix and match up to three colors, the statement said.

Popular Fairy Inspiration Deck Now in Spanish, French

A fairy inspiration card deck is available from Eden River Arts.

rtist Sasha St John has announced the releaseof the Spanish and French versions of her fairy inspiration deck,“Gentle Wisdom of the Faerie Realms.”

This 60-card deck is published in Switzerland by AG Müller and is also available in English and German. The deck is based on St. John’s watercolor paintings and includes a 72-page color booklet and top of the line packaging. The deck has appealed to a wide range of fairy lovers, according to a press statement from Eden River Arts. The California-based company also offers prints, magnets, greeting and gift cards featuring St John’s fairies, mermaids and angels.

Silvestri Finds New Buyer

he Silvestri division of Syratech, currently being reorganized under Chapter 11 bankruptcy proceedings, has been sold to Gift Acquisition LLC, a division of investment and technology development firm The D.E. Shaw Group, New York. Shaw also owns toy retailer FAO Schwarz, mytwin.com, and etoys.com. Silvestri will become a wholly owned subsidiary of etoys.com.

According to Edie Lufkin, Silvestri’s general manager and president, who has been leading the search for an appropriate buyer, “the synergies [between Silvestri and etoys.com] in distribution and systems are remarkable,” enabling an almost seamless transition for Silvestri. The company will move from the East Boston, Mass., Syratech headquarters to a new location in Beverly, Mass., by June 1, and will distribute from the etoys facility in Blairs, Va., providing a cost advantage over Silvestri’s current California distribution point. All Silvestri employees and artist licenses will remain with the company, and it will maintain all of its current showrooms and overseas offices. Stripping Silvestri entirely from the Syratech structure, rather than selling it off in parts, was one of Lufkin’s goals. Syratech acquired Silvestri from Fitz and Floyd in 1996.

National Candle Association (NCA) Has Filed A Petition Requesting that Antidumping Duties Be Assessed On Palm And Other Vegetable Based Wax Candles From China

he National Candle Association (NCA) hasfiled a petition with the International Trade Administration of the Commerce Department alleging that imports of palm and other vegetable based candles from China are circumventing the antidumping order on petroleum wax candles from China. The petition requests that the Commerce Department investigate the importation of allegedly “later developed” palm and other vegetable wax candles from China, and assess antidumping duties on these imports, which it claims are undercutting the effectiveness of the current antidumping order on petroleum wax candles from China.

For the past 17 years, petroleum wax candles from China have been subject to general antidumping duties of 54.21 percent, an amount that was increased in April 2004 to 108.3 percent, as a result of an administrative review. The original antidumping Order encompasses candles from China containing at least 50 percent petroleum wax. In contrast, candles that are more than 50 percent beeswax, palm oil wax, etc., have not been subject to the assessment of additional duties, because they were outside the scope of the Order. If the NCA is successful in its petition, however, these vegetable-based wax candles will no longer be exempt from the payment of antidumping duties. This determination could have a significant impact on those TIA members that import candles with their festive articles or novelty items.