Debut on List Spurred by Three-Year Sales Growth of 97%
Boston, MA, Sept. 12, 2011 — Inc. magazine recently ranked Spreadshirt as Number 2,435 overall on its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy–America’s independent entrepreneurs. Spreadshirt joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
Spreadshirt, the leading multi-channel clothing commerce platform, makes its debut on the Inc. 500|5000 List, ranking 120th in the Consumer Products & Services industry, and 75th in the Boston area with 97% growth over the last three years.
“Spreadshirt’s place in the Inc. 5000 serves not only as recognition of our success as a company, but as a confirmation that our c-commerce platform, with its risk-free approach, is a viable resource for people who want to identify with and express their loyalty to ideas and brands by providing them with clothing they love to wear,” said Philip Rooke, CEO, Spreadshirt.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. “Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
The Spreadshirt logo is available at https://www.flickr.com/photos/spreadshirt/sets/72157616504600460/
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Spreadshirt (www.spreadshirt.com) is the leading multi-channel clothing commerce platform for creating, buying and selling personalized apparel. For the more than 35,000 active online shops selling around the world in 2010, the Spreadshirt c-commerce platform offers a flexible, risk-free, print-on-demand approach. Spreadshirt’s fulfillment service handles everything from production and payment to shipping and customer service.
The platform provides multiple channels to bring customers’ ideas to life on clothing. These channels include 3rd party e-commerce marketplaces like Amazon, white label and social media shops, and countless other applications using Spreadshirt’s API.
Founded in 2002 in Leipzig Germany, Spreadshirt is a global company with Headquarters in Germany and the United States and factories in North America, Germany and Poland to allow rapid delivery to customers. Spreadshirt is proud to be named to Inc. Magazine’s Inc. 500|5000 List of America’s Fastest-Growing Private Companies for 2011. For additional information, visit Spreadshirt on Twitter, Flickr or Facebook .
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.