Awards July 24, 2024
Counselor Top 40 Suppliers 2024: No. 12 Gemline
Counselor’s exclusive ranking of the suppliers with the most revenue in the promotional products industry.
Gemline
(asi/56070)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 12
2023 Revenue: $134.5
2022 Revenue: $151.0
Year-Over-Year Difference: -10.9%
2021 Revenue: $128.8
Top Company Officer: Jonathan Isaacson, Executive Chair
Year Founded: 1958
Headquarters: Lawrence, MA
Financials Certified By: Frank Carpenito, President/CEO
Despite an 10.9% revenue drop in 2023, Gemline holds steady on this year’s list. The supplier – which was named a 2024 Counselor Best Place to Work – attributed its decline to softness in the technology and finance markets, plus a drinkware downturn due to competition from the trendy Stanley brand. The company is doubling down on sustainability, reincorporating as a Public Benefit Company in May, adding carbon footprint data to bestselling items and featuring Aware traceability technology in several bag lines. Gemline is also beefing up retail brand partnerships, adding products from Igloo, for instance.