July 22, 2020
Top 40 Suppliers 2020: No. 40 Charles River Apparel
Counselor’s exclusive ranking of the suppliers with the most revenue in the promo products market.
Charles River Apparel (asi/44620)
The company’s 4.3% sales decline in 2019 wasn’t a surprise, owing to an anticipated wane of a style that had been a strong seller in recent years. Due to COVID-19 impacts, Charles River was estimating that revenue will dip 20% to 30% in 2020 but is optimistic that 2021 will be a recovery year.
Previous rank: 37
2019 Revenue: $45.0 C
Headquarters: Sharon, MA
Year founded: 1983
Ownership: Private
Top officer: Barry Lipsett