Throat Threads Apparel Inc.

July 18, 2005 15:18 ET

THROAT THREADS APPAREL INC. HAS DONE IT AGAIN!

COMPANY THAT PROVIDES ROCKETING SOLUTIONS TO BRANDS SUCH AS VICTORINOX/SWISS ARMY & TOMMY HILFIGER, ANNOUNCES THEIR 3RD YEAR ACKNOWLEDGEMENT IN PROFIT 100'S FASTEST GROWING COMPANIES OF 2005! Attention: Business/Financial Editor, News Editor BURLINGTON, ONTARIO--(CCNMatthews - July 18, 2005) - Throat Threads Apparel Inc., an enthusiastic leader in the Canadian fashion industry offering a complete vertical distribution model, has been distinguished as one of Canada's fastest growing companies for the third consecutive year, as published in the June issue of the "17th annual PROFIT 100 ranking of Canada's Fastest-Growing Companies" by PROFIT: Your Guide to Business Success.

"We've done it again! A year without hockey, but there's still Hat Tricks to be had! said Russ Fearon, President of Throat Threads Apparel. "It is an honour to be placed alongside such accomplished companies, whom are progressive leaders in our Canadian economic landscape."

From a humble beginning of designing and marketing his own unique line of "casual ties" out of the basement of his own home, to leading a company with exponential growth, Russ Fearon has built Throat Threads Apparel into a multi-million dollar company with coast to coast distribution of some of the most prestigious apparel brands in the world.

Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country's most successful growth companies. Published in the June issue of PROFIT and online at PROFITguide.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.

"We're happy to welcome the 2005 PROFIT 100 winners to the most prestigious group of entrepreneurial businesses in Canada," says PROFIT Editor Ian Portsmouth. "Canada's Fastest-Growing Companies are succeeding by knowing what customers really want, then delivering it."

Not only has Throat Threads Apparel been "delivering" year after year, but it has also managed to enthusiastically exceed industry standards of innovation, dedication and passion from both retailer and supplier perspectives. This thirst for excellence is evident in every aspect of the company, from its choice of brand name label distribution, to the selection of their employees (engaging the perfect fit for each unique position), to its revenue growth of over 500% from 1999 to 2004.

"Our business model is designed around utilizing technology and business intelligence and focusing on great brands with compelling products," said Russ Fearon. "Infused with passion, enthusiasm and great people, we have a working environment that is fast-paced and exciting. It gets you out of bed in the morning and drives you to be your best. There's nothing better in the business world than delivering financial rewards for all involved with an overwhelming feeling of accomplishment."

About Throat Threads Apparel
Founded locally in 1993 by an enterprising 27 year old Russ Fearon, Throat Threads Apparel takes pride in distinguishing itself as an authority in brand development, creative product/store planning and design, supply chain management, a robust sales data mining solution and strategic retail product placement for the Canadian Apparel Industry.

Originally established through a new concept in neckwear, Russ Fearon created the company Throat Threads Apparel in response to an opportunity he saw to capitalize on the early 1990's trends toward casual dressing, a rejuvenating menswear market and the emergence of powerful brands.

In three short years Russ Fearon established Throat Threads Apparel Inc as the Canadian sales and distribution centre for Superba Inc., the world's leader in neckwear fashion. Through enthusiasm and determination he continued to evolve his company by successfully executing distribution agreements with several key U.S. based companies. As a result, Throat Threads Apparel became recognized as a resource partner offering a unique vertical distribution model. Today, Throat Threads Apparel's progressive business model is utilized in the successful management of the following categories: Men's & Women's Sportswear, Neckwear, Men's Dress Shirts & Underwear, Travel Gear, Belts & Small Leather Goods and Men's & Women's Denim.

Throat Threads Apparel Inc. continues to provide innovative sales, marketing and distribution solutions to such leading global brands as Victorinox? by Swiss Army Brands™, Tommy Hilfiger, Ted Baker, Guess, Kenneth Cole New York, Ike Behar, Nautica, DKNY, An Original Penguin, Timberland, Nat Nast Luxury Originals and most recently Chip and Pepper Denim.

About PROFIT Magazine
PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's fastest-growing companies. Each year PROFIT-which currently reaches more than 400,000 readers nationally-hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit PROFITguide.com. /For further information: www.throatthreads.com
fax: 905-681-8433/ IN: FINANCE, RETAIL, TRADE, OTHER

Contact Information

  • Stephanie Wood, Director of Marketing and New Business Development, Throat Threads Apparel Inc.
    Primary Phone: 905-681-8437
    Toll-Free: 877-717-7466
    E-mail: swood@throatthreads.com