Pricing Announcement

January 8th, 2021

To Our Apparel Partners,

Happy New Year! As we forge into 2021, we have continued to experience ongoing challenges within our supply chain that we wanted to share with our customers.

Every step of our supply chain has faced new & unique disruptions in the wake of Covid-19. It is of utmost importance that our manufacturers continue to produce products so that we may all continue to have apparel to sell. At every juncture in the manufacturing & distribution process, our brands are being faced with:

- Half factory capacity due to specific ‘stay at home’ orders by each country

- Increase in cost of raw materials such as cotton

- Shortages in raw materials such as poly filament

- Delays in fabric production

- Delays in fabric delivery

- Production stops and re-starts due to Covid related shut downs

This does not include the delays in the logistics industry that we have all experienced since Q2 20’ and continued into this year. As our manufacturers work tirelessly to address each new challenge as it arises; the goal is, as always, to produce a well-manufactured product with ample inventory in full-size runs while still maintaining the integrity of the garment at an economical price point. We are happy to provide additional information as it becomes available while we all work through the new challenges of the Imprinted Sportswear Industry. We thank you for your continued support and perseverance - just keep going and we will have a great 2021 together!

Respectfully,

Ryan Egan