Platform recognized for its vision, drive and innovation
London – 15 April – Spreadshirt, the e-commerce platform for creating, selling and buying ideas on things that consumers love to wear, use and carry, has today announced that it has won the prestigious Red Herring Top 100 Europe Award.
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.
“We are honored to be selected as a Red Herring 100 winner. This award further recognizes the uniqueness of the Spreadshirt model, which provides a platform that enables anyone from individuals to big businesses’ to sell their ideas on clothing and accessories.” says Philip Rooke, CEO at Spreadshirt.
“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.”
Competition for the Red Herring awards is strong and includes world changing technologies from medicines to space rockets and future energy sources to ecommerce platforms.
“This recognition also substantiates our commitment and ability to drive innovation across all aspects of our company. Spreadshirt is a very different business from when we last won in 2006. We are profitable; five times bigger; selling over three million items a year and we are increasingly successful in the US. But this is still only the beginning we expect to more than double our size in the next three years!” added Mr. Rooke.
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.