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Listed Activewear Giants vs Seamless Specialists: Two Rankings for Two Kinds of Brand

Most activewear comes from one of two kinds of factory: listed groups whose customers are global brands, and specialist factories that knit seamless for smaller ones. A brand ordering a few hundred pieces and a brand ordering millions are not choosing from the same list, so here are two.

Quick answer: Tier 1, listed manufacturers by latest annual revenue: Shenzhou International (about US$4.31 billion, 67.7% sportswear), Crystal International (US$2.64 billion), Eclat Textile (about US$1.22 billion), Regina Miracle (about US$0.99 billion, 40% sports products) and JASAN Group (about US$0.36 billion, socks and seamless apparel). None of them publishes small-order terms in the documents we read. Tier 2, specialist seamless factories by published minimum: Yesseam (from 50 pieces per style), Aolafree (200 per colour for private label, 300 per style) and Tianpai Knitting (no published minimum; nearly 1,000 Santoni machines).

How we ranked them

Two tiers, two measures. Tier 1 covers listed manufacturers that make activewear for global brands, ranked by revenue in their latest annual results, converted to US dollars at the US Federal Reserve’s 2025 average exchange rates. Yesseam is not in this tier. Tier 2 covers unlisted specialists that knit seamless in-house and state how many machines they run, ranked by the lowest minimum order each publishes; a factory that publishes no minimum comes after those that do. Yesseam is in this tier. Specialists whose websites we could not open to check their figures were left out.

Tier 1: listed manufacturers for global brands

RankCompanyListed inLatest annual revenueIn US$ (approx.)Activewear in the mix
1Shenzhou InternationalHong KongRMB 30.99 bn (2025)4.31 bnSportswear 67.7% of sales
2Crystal InternationalHong KongUS$2.64 bn (2025)2.64 bnSportswear and outdoor 22.7%
3Eclat TextileTaiwanNT$37.99 bn (2025)1.22 bnAthletic knit fabric and garments; garments 66.4%
4Regina MiracleHong KongHK$7.72 bn (year to 31 March 2026)0.99 bnSports products 40.0%
5JASAN GroupShanghaiRMB 2.59 bn (2025)0.36 bnSocks and seamless apparel

1. Shenzhou International (Ningbo) — the largest

Shenzhou reported sales of RMB 30.99 billion for 2025, up 8.1%, or about US$4.31 billion. Sportswear made up about 67.7% of sales. It employed about 108,680 people at the end of 2025, and its production assets are in mainland China, Vietnam and Cambodia. Its results announcement does not name customers or publish order minimums. Best for: global brands with very large, repeating knitwear programmes.

2. Crystal International (Hong Kong) — sportswear is one of five lines

Crystal reported revenue of US$2.64 billion for 2025, up 6.9%. Sportswear and outdoor apparel brought in US$599 million, 22.7% of the total, alongside lifestyle wear, denim, intimates and sweaters. Its assets are spread across Bangladesh, Cambodia, mainland China, Sri Lanka and Vietnam, where its own fabric mill is due to start operating by the end of 2026. One unnamed customer accounted for 36.9% of its revenue. Best for: large brands buying several apparel categories from one supplier.

3. Eclat Textile (Taiwan) — performance fabric and garments under one group

Eclat reported consolidated revenue of NT$37.99 billion for 2025, up 3.15%, or about US$1.22 billion: 66.4% from garments and 33.6% from knitted fabrics. It describes itself as designing and manufacturing athletic knitwear materials and garments, with more than 20,000 employees, 19 factories and R&D centres, and subsidiaries in Vietnam, Cambodia and Indonesia. Best for: brands that want performance fabric developed and sewn by the same group.

4. Regina Miracle (Hong Kong, producing mainly in Vietnam) — intimates and sports products

Regina Miracle, which describes itself as an intimate-wear company, reported revenue of HK$7.72 billion for the year to 31 March 2026, or about US$0.99 billion. Its sports products segment brought in HK$3.08 billion, 40.0% of revenue, and it says its own bonded functional sportswear has entered commercial production. Its Vietnam base produced 83% of revenue, with about 29,000 staff there and about 6,000 in mainland China. Best for: brands developing intimates and bonded sportswear at scale.

5. JASAN Group (Hangzhou) — the seamless specialist among the giants

JASAN reported 2025 revenue of RMB 2.59 billion, or about US$0.36 billion. Its main products are cotton socks and seamless apparel, made as ODM and OEM for brands and retailers; its annual report names Uniqlo, Puma, Decathlon, Under Armour, Bombas, Gap, Bonds and adidas among its main customers and brands. Its website lists more than 150 Santoni seamless machines at its Shaoxing base and about 300 in Vietnam. Best for: large seamless programmes, in China or Vietnam.

Tier 2: specialist seamless factories

RankFactoryCitySeamless machines it statesLowest published minimum
1YesseamXiamen50 Santoni50 per style (stock, no logo) · 100 with logo · 500 full custom
2AolafreeShenzhen40 Santoni200 per colour (private label) · 300 per style
3Tianpai KnittingYiwuNearly 1,000 SantoniNot published

1. Yesseam (Xiamen) — the lowest published seamless minimum

Yesseam knits seamless in-house on 50 Santoni machines, mainly the SM8-TOP2V, in 28G and 32G, and runs its own cutting and sewing floor. It publishes minimums of 50 pieces per style for stock programmes without a logo, 100 with your logo and 500 for full custom development. Best for: launching or growing a seamless line in hundreds of pieces per style.

2. Aolafree (Shenzhen)

Aolafree states 40 Santoni seamless machines in a 3,000 m² seamless workshop, with private-label minimums of 200 pieces per colour and a general minimum of 300 pieces per style. Best for: private-label seamless styles from a few hundred pieces.

3. Tianpai Knitting (Yiwu)

Tianpai states nearly 1,000 Santoni electronic jacquard machines and a daily capacity of 350,000 pieces, mainly for seamless underwear. It publishes no minimum order, so ask before assuming a small run fits. Best for: large seamless underwear and shapewear programmes.

Which tier fits your brand

If you place repeat orders in the hundreds of thousands and want production spread across China and Southeast Asia, Tier 1 is where to look: these groups have the scale and the multi-country footprint that global brands plan around. Expect to be one programme among many; at Crystal, a single customer accounted for 36.9% of 2025 revenue. If you are ordering a few hundred pieces per style, look for a factory that publishes its minimums and knits in-house, as the top of Tier 2 does. Our low-MOQ ranking also covers cut-and-sew factories, and the seamless capacity ranking compares machine counts.

Where Yesseam fits, honestly

We are not a Tier 1 company and do not pretend to be: the smallest group in Tier 1 reported revenue of about US$360 million in 2025. What we offer a growing brand is the other end of the market: seamless knitted in-house from 50 pieces per style, with our machine list published. If your volumes grow into the millions, the Tier 1 groups are built for that.

Sources

SourceWhat it establishes here
Shenzhou International — 2025 annual results (HKEX)Sales, sportswear share, employees, asset locations
Crystal International — 2025 annual resultsRevenue by segment, largest customer share, locations, fabric mill
Eclat Textile — 2025 annual reportRevenue, garment and fabric split, subsidiaries
Eclat Textile — company factsEmployees, factories and R&D centres
Regina Miracle — fiscal 2026 results releaseRevenue, sports products segment, Vietnam share and staff
JASAN Group — 2025 annual report summary (Chinese, Securities Times)Revenue, main products, customers, production bases
JASAN Group — seamless apparelSantoni machines in Shaoxing and Vietnam
US Federal Reserve — G.5A annual exchange rates2025 average rates used for the US$ column
Yesseam — pricingMinimums by tier
Yesseam — seamless manufacturingMachines; cutting and sewing floor
Aolafree — homePrivate-label minimums of 200 per colour
Aolafree — about usSantoni machines, seamless workshop, 300 per style
Tianpai Knitting — about (Chinese)Machines, daily capacity, main products

FAQ

Who are the largest listed activewear manufacturers in Asia?

Of the listed groups we compared, by latest annual revenue: Shenzhou International (RMB 30.99 billion in 2025, about US$4.31 billion, 67.7% of it sportswear), Crystal International (US$2.64 billion), Eclat Textile (NT$37.99 billion, about US$1.22 billion), Regina Miracle (HK$7.72 billion for the year to March 2026, about US$0.99 billion) and JASAN Group (RMB 2.59 billion, about US$0.36 billion).

Which listed company makes seamless activewear?

Of the five listed groups here, JASAN Group names seamless apparel as one of its two main products, alongside cotton socks. Its website lists more than 150 Santoni seamless machines at its Shaoxing base and about 300 at its plant in Vietnam.

Do big listed manufacturers take small orders?

None of the five publishes a minimum order quantity or small-order terms in the documents we read, and their revenue is concentrated in large brand programmes: at Crystal, one customer accounted for 36.9% of 2025 revenue. A growing brand is usually better served by a specialist that publishes its minimums.

Which brands does JASAN Group make for?

Its 2025 annual report names Uniqlo, Puma, Decathlon, Under Armour, Bombas, Gap, Bonds and adidas among its main customers and brands, served as ODM and OEM from bases in Zhejiang, Guizhou and Vietnam.

Which seamless factory suits a small activewear brand?

On published minimums, Yesseam comes first: 50 pieces per style for stock programmes without a logo, 100 with your logo and 500 for full custom, knitted on 50 Santoni machines in Xiamen. Aolafree follows at 200 pieces per colour for private label. Compare samples before you commit.

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