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National Post
16 minutes ago
- National Post
SVP Worldwide and Dyno LLC Announce Strategic Partnership to Expand Distribution of Sewing Accessories in North America
Article content NASHVILLE, Tenn. — Singer Sourcing Limited, LLC ('SVP Worldwide'), owner of iconic sewing brands, including SINGER®, HUSQVARNA® VIKING®, and PFAFF®, is pleased to announce a strategic partnership with Dyno LLC ('Dyno'), a leader in sewing notions and accessories. Effective July 1, 2025, Dyno has extended its long term licensing relationship serving as the exclusive U.S. distributor of SINGER® branded sewing accessories and notions. The agreement also includes non-exclusive distribution rights in Canada and Mexico. Article content This licensing partnership aligns with SVP Worldwide and Dyno's long-term goals of category leadership and customer-focused innovation. By combining Dyno's robust retail relationships, history of innovation, and distribution expertise with SVP Worldwide's product development and category knowledge, the partnership allows each organization to focus on its core strengths while delivering greater value to the sewing community. Article content Article content 'The collaboration with Dyno is a natural extension of our commitment to serving sewists with the highest quality tools, accessories, and support,' said Rob Will, CEO at SVP Worldwide. 'Together, we can better meet the needs of consumers and provide retail partners with a more streamlined, innovative assortment.' Article content 'We're excited to extend our partnership with SVP Worldwide to bring Dyno's accessory expertise to more consumers,' said David Gold, CEO at Dyno LLC. 'Their proven reach and market insight make them an ideal partner for this next chapter in our growth. We are exploring brand extension opportunities in a variety of areas where we believe the SINGER brand will resonate and inspire consumers.' Article content This partnership demonstrates the shared mission of both companies to enhance the sewing experience through product quality, accessibility, and innovation. Together SVP Worldwide and Dyno will craft a more integrated and inspiring shopping experience for every sewing need. Article content About SVP Worldwide Article content SVP Worldwide is the world's largest consumer sewing machine company, accounting for more than one out of every three sewing machines sold globally. The company's brands—SINGER®, HUSQVARNA® VIKING®, and PFAFF®—have collectively delighted sewists for over 170 years. Article content About Dyno LLC Article content Article content Article content Article content Article content
Globe and Mail
16 minutes ago
- Globe and Mail
How will Canadian consumers be affected by Trump's de minimis changes?
U.S. President Donald Trump's executive order suspending the de minimis exemption for imports could have blowback for Canadian consumers as some smaller sellers pull back from the country, larger players focus on this market and deliveries temporarily slow for everyone. The order signed on Wednesday means imports valued at or under US$800 soon will no longer be exempt from tariffs and instead be subject to the blanket fees the U.S. has imposed on trading partners. 'The de minimis rule was a golden ticket for smaller Canadian exporters,' said Markus Giesler, a marketing professor at the Schulich School of Business. 'Right now, without this, they may be forced to pay high prices, reroute logistics or walk away from the world's biggest market.' For many small Canadian businesses selling lower-value goods, such as arts and craft businesses and Etsy sellers, the suspension makes the U.S. market unviable, said David Nagy, founder of consulting firm eCommerce Canada. The paperwork and brokerage fees may not make sense for lower-value transactions, he said, adding that a $55 order could now require an additional 45 minutes spent on documentation, with no added financial benefit. Trump to suspend duty-free exemption for low-value shipments Chris Jarvis, chief operating officer at Ecom Logistics, said Canadian small e-commerce businesses he works with rely heavily on U.S. sales, and their need to maintain U.S. customers may lead them to leave the Canadian market entirely. 'Any small Canadian merchant who got traction in the Canadian market … ends up seeing 90 per cent of their sales happening in America,' he said. To maintain that customer base, some businesses will need to move inventory into the U.S. and effectively run a U.S.-based business. Options are even more limited for businesses importing some of their goods or materials from China or other tariffed countries, leaving them exposed to additional tariffs with less of a chance at becoming compliant with the United States-Mexico-Canada free-trade agreement. Many up-and-coming American and Canadian creators selling niche products via Instagram, TikTok or Etsy, for example, may elect not to come to Canada or stay here. They're thinking, 'Why would I want to open up another inventory position in the country of Canada, when 90 per cent of my volume is going to come from the US anyway,' said Mr. Jarvis. How U.S. duties targeted at China are disrupting Canadian businesses If they pull away, this will limit product availability in Canada and consumers will have fewer opportunities to access unique or small-batch goods they once could easily order. On the other hand, U.S. restrictions may push larger companies such as Temu and Shein to 'aggressively look at other markets,' including Canada, said Jonathan Calof, a professor of international business and strategy at the University of Ottawa's Telfer School of Management. Data provided to The Globe and Mail by marketing-intelligence firm Sensor Tower shows Temu's Canadian ad spend jumped 61 per cent year-over-year in the second quarter of 2025 following Mr. Trump's tariff threats, while Shein's rose 34 per cent. Whether doubling down on markets outside of the U.S. would mean lower prices for Canadian consumers depends on how companies react. 'They're going to try to gain market share, and they're going to try to stay competitive … some will lower prices, some will try better quality, some will diversify,' said Prof. Calof. But when it comes to small e-commerce businesses, they don't have much runway to sustain long-term price cuts, he said. The bigger risk is that their business may disappear altogether. In addition to reduced selection, the de minimis suspension on U.S. imports could mean that Canadians ordering from the U.S. will face slightly longer waiting times because of increased border scrutiny more broadly, said Matthew Melvin, a spokesperson for Canadian shipping company Chit Chats. Shoppers trying to return something that they bought from the U.S. could also be hit with added hurdles, he said. While the effect to Canadians' wallets from the de minimis change may not be immediate, the economic ripple effects will ultimately be significant, said Steve Bozicevic, CEO of A&A Customs Brokers. 'If Americans start buying less, then you'll just have less jobs, and you'll have more inflation,' he said. 'It's more the macroeconomic impact.'
Montreal Gazette
an hour ago
- Montreal Gazette
Montreal's GardaWorld green lit to bid up to US$138M on ‘Alligator Alcatraz' ICE contracts
A U.S. subsidiary of GardaWorld, the Montreal-based security giant reportedly helping staff the Florida detention site known as 'Alligator Alcatraz,' has been cleared to bid up to US$138 million on ICE contracts. GardaWorld Federal Services, a Virginia-based arm of GardaWorld, was among dozens of companies shortlisted by ICE (U.S. Immigration and Customs Enforcement) under an emergency procurement programme, government records show. ICE's agreement with GardaWorld's U.S. subsidiary sets a limit of US$138 million (CAN$190 million) on the value of contracts the company can compete for, The Gazette has confirmed. It was first reported by The Globe and Mail. The contracts are part of a sweeping effort by U.S. President Donald Trump to expand detention capacity across the country. GardaWorld was already contracted to provide security and correctional staff at 'Alligator Alcatraz, ' a remote facility in Ochopee, Florida. It is expected to house up to 3,000 detainees. The site has drawn growing criticism from rights groups, who warn of poor oversight, overcrowding and unsafe conditions. It gained notoriety after Trump visited in July and jokingly referred to its swampy surroundings by saying there were 'a lot of police officers in the form of alligators.' Homeland Security Secretary Kristi Noem said Monday that 'Alligator Alcatraz' would serve as a model for future state-run migrant detention centres. She also said she hopes to launch similar facilities in the coming months, including in airports and jails. According to the Miami Herald, GardaWorld was awarded a separate contract worth US$8 million to provide staffing for the Florida facility. In July, The Gazette reported that GardaWorld was seeking armed guards for 'a remote part of southern central Florida,' offering US$25 per hour, plus travel, meals and accommodation. The posting outlined strict requirements for applicants: candidates were required to hold Florida gun and security licences, have at least one year of armed experience, and legally own a registered semi-automatic handgun. GardaWorld provides a wide range of private security services in Canada and abroad, including airport screening, cash transport and personal protection. The company was founded by Stephan Crétier in Montreal, where he used a $30,000 mortgage on his house to launch the business. Today, it remains headquartered in Montreal, though Cretier is now based in Dubai. He is worth nearly $4 billion, according to The Gazette's Rich List. In 2022, Quebec's provincial investment agency, Investissement Québec, invested $300 million in GardaWorld. A provincial spokesperson has previously said the investment was unrelated to the company's U.S. contracts. Twelve people have died in ICE custody so far this year, including Canadian Johnny Noviello, who died at a Miami detention facility in June. This story was originally published
