Supply Chain Research

Lakeland Industries, a manufacturer of medical and safety garments, reported FQ3’21 (to Oct. 31) revenue growth of 50.9% year over year, beating analysts’ forecasts by 20.9 percentage points on demand that was elevated by the pandemic. Panjiva’s data shows U.S. seaborne imports linked to the firm increased by 6.9% tear over year in the three months to Oct. 31 and have surged a further 125.9% higher in November. The firm’s CEO, Charles Robertson, has noted the company’s “ability to flex our global manufacturing capacity”, with shipment data indicating a marked shift in supplies for the U....