Garment distributor Absolute Apparel has been identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain 2019 for the second year running.
The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses (SMEs) with a turnover of between £6 million and £250 million. Companies represent over 40 sectors and spanning every country and region across the UK.
To be selected for the list, businesses had to demonstrate not only positive revenue growth over the last three years but also outperform their sector peers. The result is a unique and varied list of the UK’s most dynamic companies.
Absolute Apparel was founded in 2005 and is today a leading wholesaler of clothing and promotional products for the imprint market. With well-known brands such as Fruit of the Loom, Gildan, Regatta and Stedman as well as having its own Absolute Apparel label, the company has firmly established itself in an increasingly competitive market. Already appearing in the Black Country Growth Barometer of top 50 companies this national recognition is further confirmation of the rapid growth they have enjoyed in recent years.
Frank Jheinga, CEO, Absolute Apparel, said: “We are really proud to have won this award for the past two years running, it is a great endorsement of the hard work of all our team and I am extremely grateful to them and all our customers and suppliers for their ongoing support. When we began Absolute Apparel we had no idea we could reach the size we have in such a short time, and we are still growing. It is a great time for everyone involved with Absolute Apparel and we look forward to even greater success in the future.”
David Schwimmer, CEO, London Stock Exchange Group, added: “Congratulations to all the companies selected for inclusion in the sixth edition of London Stock Exchange Group’s 1000 Companies to Inspire Britain report, which identifies the UK’s most dynamic SMEs. SMEs drive growth, innovation and job creation and are the lifeblood of the British economy. We believe that supporting the growth of these businesses is critical to the UK economy and the creation of a society that works for everyone.”