A Return to Normalcy? We recently held a virtual non-deal road show with ACCO CEO Boris Elisman (Which can be viewed here). CEO Boris Elisman noted an ongoing return to "normalcy" in two key end markets: back-to-school and office. On a pro forma basis, these two markets now account for 45% of overall sales. Back-to-School. Deloitte is projecting K-12 back-to-school spending to jump 16% over 2020 to $32.5 billion, even above the pre-pandemic 2019 level. Specific to ACCO, spending on school supplies are expected to rise 10%, to $5.5 billion, while spending on computers and electronic gadgets is projected to jump... Read More >>