Spreadshirt chosen as a 2013 Red Herring Top 100 Europe Winner

Amsterdam, Netherlands April 2013 – Red Herring announced its Top 100 award winners 4.10.13, recognizing Europe’s leading private companies and celebrating these startups’ innovations and technologies across their respective industries.
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Spreadshirt demonstrates the vision, drive and innovation that define a Red Herring winner.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.

“Spreadshirt is truly honored to win this highly coveted award since global competition comes from technologies such as medicine, future energy sources, and even rocket science!” notes Philip Rooke, CEO of Spreadshirt. “Spreadshirt is a very different business since our last award in 2006; we are profitable, five times bigger, selling over three million items a year with our biggest gains in the US. Our success is directly attributable to our unsurpassed platform that allows everyone from individuals to large corporations to sell their ideas on clothing and accessories. This model positions us to double our size in the next three years.”

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