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DesignPac

1-800-Flowers.com buys gourmet food and basket business

The Carle Place-based 1-800-Flowers.com is expanding its reach into the gourmet food gift basket business by acquiring wholesaler DesignPac Gifts at a sum of $36 million.Jim McCann, chief executive of 1-800-Flowers, said in a statement: “The acquisition can help...
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Budget 2024: Jewellery sector welcomes custom duty reduction on precious metals

The reduction in duties will bring down input costs, increase value addition, promote export competitiveness and boost domestic manufacturing New...
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