July 24, 2024
Counselor Top 40 Distributors 2024: No. 34 PromoShop
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
PromoShop
(asi/300446)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 33
2023 Revenue: $61.4
2022 Revenue: $68.2
Year-Over-Year Difference: -10.0%
2021 Revenue: $54.9
Top Company Officer: Memo Kahan, CEO
Year Founded: 1998
Headquarters: Los Angeles, CA
Financials Certified By: Memo Kahan
After seeing revenue soar in 2022, things were different for the Los Angeles firm last year, as the distributor reported a double-digit decline in sales. Still, the sustainability-focused company helmed by industry vet and Power 50 member Memo Kahan is poised for growth this year, naming longtime employee Kate Alavez as company president at the end of 2023 and starting off 2024 by transitioning to a new ERP/CRM system, which Kahan calls PromoShop’s “biggest accomplishment in many years.”