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Alex and Ani Land at No. 53 on Inc. 500

Oct 1, 2014 10:20 AM   By Alex and Ani
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Press Release: Alex and Ani, one of the U.S.'s fastest growing lifestyle brands, rose to No. 53 in 2014 from No. 94 in 2013 on Inc. magazine's annual list of the fastest growing private companies in the U.S. The magazine noted Alex and Ani's annual revenue skyrocketed to $230 million last year marking a more than 5,200 percent increase in revenue over the past three years. In the retail category, Alex and Ani was ranked as the third fastest growing company among its peers nationwide. This is the fourth time the company has appeared on the Inc. 500 list of fastest growing private companies in the U.S. since it landed on the list in 2011.

"The tremendous success and growth of Alex and Ani stems from our intention to empower customers with meaningful products that speak to their individuality," said Carolyn Rafaelian, the founder, creative director and CEO of Alex and Ani. "As we expand into new products, including our leather goods collection that is made entirely in America, we are staying true to our goal of creating positive experiences for our customers that inspire mindful actions."

In recognizing Alex and Ani, Inc. magazine noted that to simply make it onto the Inc. 500 list this year, a company had to experience growth of more than 942 percent since the start of 2011. Alex and Ani was ranked at No. 94 in 2013, No. 246 in 2012 and the company first appeared on the Inc. 500 list in 2011 at No. 470.

In May, Alex and Ani was recognized by the U.S. Department of Commerce with the president's "E" Award for Exports from the United States Department of Commerce in recognition of the company's achievement in making significant contributions to the increase of U.S. exports.

Alex and Ani currently has 1,024 employees and operates 40 stores in 18 states and the District of Columbia, including its latest store which opened on August 29, 2014 in Buffalo, New York, with plans to open stores in Pittsburgh and Sarasota, Florida this fall.

About Alex and Ani

Alex and Ani LLC offers positive energy products created by designer Carolyn Rafaelian, the founder, creative director and CEO. Alex and Ani is synonymous with "Made in America." Its world headquarters are located in the greater Providence, Rhode Island area, where its products are designed, manufactured, and assembled using recycled local materials. Carolyn believes that every individual has a positive message to share with the world, and by incorporating powerful symbolism and design into each positive energy piece, Alex and Ani provides a vehicle for wearers to express their individuality. An Inc. 500 Company, Alex and Ani has retail stores in addition to retail partners both domestically and internationally. Please visit www.AlexandAni.com for more information.

 

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.

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Tags: alex and ani, inc. magazine, Jewelry, ranking, revenue
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