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Business

This 39-year-old quit 80-hour consulting weeks to make underwear for his struggling family business. He credits ‘sweaty feet’ for record profits

Fortune ·
This 39-year-old quit 80-hour consulting weeks to make underwear for his struggling family business. He credits ‘sweaty feet’ for record profits

When Lawson Glidden gets back from a hike in the woods around Ashland, N.H., he doesn’t always head home.

Sometimes he heads to the sock department.

“If my sock doesn’t fit just right, then when I get back from my hike, I go to the sock department, and I check in on our QC boards and make sure that the foot is fitting correctly,” he told Fortune .

Glidden, 39, is president of Minus33, a maker of merino-wool base layers, underwear and socks, and the latest incarnation of a textile business his family has run in Ashland since 1916.

He wears what he sells, more or less head to toe.

“We make this polo, we make the underwear I’m wearing,” he said on a video call.

“… We don’t make the pants or the shoes.

That’s all we don’t make right now.” He also has opinions about what he sells.

“They are the best socks on the planet,” Glidden said.

“I say that because not only am I incentivized to say it and I believe it, but also because it’s true.” The numbers he cites aren’t modest either.

Since he joined the company in 2018, Glidden said, profits have roughly quadrupled, and revenue is up about 2.5 to three times.

The company’s PR pitch to Fortune billed this year as one of its highest-profit years.

Minus33 is privately held, and Fortune could not independently verify the figures.

That’s a long way from where the family stood two decades ago.

Read the full article on Fortune ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on fortune.com — the content belongs to Fortune.

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