[superplussed]

What does it mean to be a $32M company? Based on whose valuation? I don't get why this number is such a prominent feature, and then is never explained. And is $32M a big number? Compared to who? This all seems strange to me.

[kylecazar]

Inc.com lists 2016 revenue as $32.6. Also interested in more information as to where that puts them though.

[adventured]

Hanes Brands does $6.4 billion in sales for example (obviously including all of their business).

$32.6 million in sales is a small company in the underwear business. Men's underwear (boxers, boxer briefs, briefs) in just the US + Canada is a $5.x billion annual business at retail.

There's also this amusement:

https://en.wikipedia.org/wiki/Men%27s_underwear_index

[ksec]

Sometimes some of these industries, not hyped like every tech companies and don't get much media attention from Business magazine, are just mind blogging big. And that is just Man! Which I assume spend comparatively VERY little money as compared to woman underwear.

P.S - From wiki "The premise is that men's underwear are a necessity in normal economic times and sales remain stable. " Am I the only one who don't think of it as necessity? Or is this a US thing?

[willio58]

Hanes has been around since ~1900 in some form or another. Meundies is like 7-8 years old I believe.