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Needlepoint Business Grows From Pandemic Hobby to $10 Million Revenue

Krista LeRay started Penny Linn Designs in 2020 after returning to needlepoint during the pandemic. The company reached roughly $10 million in revenue within five years. Early sales required hand-painting each canvas, which limited initial profit margins.

Benzinga
1 source·May 27, 7:31 PM(1 day ago)·1m read
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Needlepoint Business Grows From Pandemic Hobby to $10 Million Revenuenews.google.com
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Krista LeRay launched Penny Linn Designs in September 2020 from her New York apartment. The online store sold $25,000 worth of painted needlepoint canvases in the first two hours. Each 4-inch-by-4-inch canvas sold for about $50 and required roughly six hours of hand painting. After spending $7,000 on supplies, LeRay estimated her effective hourly earnings at around $2.

LeRay continued working as a lifestyle blogger while operating the business. She earned up to $242,000 annually from brand partnerships and social media content at the time. Demand increased as more customers sought hands-on crafts during the COVID-19 pandemic. Needlepoint Christmas ornaments gained attention on TikTok in 2023, and most Penny Linn Designs customers are under 35.

The company now collaborates with multiple designers and offers patterns that include champagne bottles, Cape Cod chips, and Taylor Swift quotes. It also provides tutorials for beginners. LeRay learned needlepoint from her grandmother and returned to the craft in early 2020. She handled painting, packing, and shipping for the first 10 months before relocating to Connecticut.

Key Facts

$25,000
first two-hour online sales total in September 2020
$2 per hour
estimated earnings after initial supply costs
Under 35
age group of most Penny Linn Designs customers
$10 million
approximate current annual revenue of the business

Story Timeline

4 events
  1. Early 2020

    LeRay returned to needlepoint learned from her grandmother.

    1 sourceBenzinga
  2. September 2020

    Penny Linn Designs launched online and sold $25,000 in two hours.

    1 sourceBenzinga
  3. 2023

    Needlepoint Christmas ornaments went viral on TikTok.

    1 sourceBenzinga
  4. February 2026

    LeRay stated the brand had grown beyond early handmade canvases.

    1 sourceBenzinga

Potential Impact

  1. 01

    The company expanded from solo operation to working with multiple designers.

  2. 02

    Penny Linn Designs added beginner tutorials and collaborations.

Transparency Panel

Sources cross-referenced1
Confidence score65%
Synthesized bySubstrate AI
Word count182 words
PublishedMay 27, 2026, 7:31 PM
Bias signals removed2 across 1 outlet
Signal Breakdown
Loaded 1Amplifying 1

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