GIFTCRAFT LTD. AGAIN EARNS GOLD STANDARD RECOGNITION AS ONE OF CANADA’S BEST MANAGED COMPANIES
Toronto, ON | March 9, 2016
For the Fifth Consecutive Year, Giftcraft is Recognized as One Of Canada’s Best Managed Companies
Trevor Cohen, Giftcraft Ltd. CEO, announced the organization’s fifth consecutive recognition as one of Canada’s Best Managed Companies. Having originally earned their first designation in 2011 and requalifying to achieve Gold Standard status in 2014, Giftcraft continues to be a Gold Standard Best Managed Company for its superior business achievements in 2015.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs that recognize Canadian companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on how they address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems and hiring the right talent to facilitate growth.
Giftcraft sets the standard in the innovative design, development and distribution of lifestyle products including giftware, home decor, fashion and accessories including its award-winning Charlie Paige™ and Yo Sox™ fashion brands and North America’s newest and fastest growing premium tea brand, For Tea’s Sake™. Giftcraft services a vast network of retail partners in more than 35 countries world-wide, offering best-in-class service and support. Its strategic approach to market trend analysis, reinvestment into the organization’s infrastructure, technology and talent acquisition and retention, allows Giftcraft to skillfully and rapidly respond to the unique needs of their varying customer base by having the Right Product at Right Time and at the Right Price to ensure their customers’ on-going success.
“On behalf of the entire Giftcraft Family, I would like to thank the esteemed panel of judges for again recognizing Giftcraft as a Gold Standard Best Managed Company. While maintaining a high level of business excellence year after year is never easy, it is the expectation of every member of our organization. Having our efforts recognized in such a prestigious and public manner is both humbling and rewarding, but ultimately it is what these efforts do in supporting our retail partners’ success that matters most to all of us. I would like to thank my Senior Management Team for their leadership and commitment to fostering and nurturing a culture of excellence and all of our employees for their on-going dedication and loyalty in support of our shared vision for success,” Trevor Cohen, CEO, Giftcraft Ltd.
2015 Winners of the Canada’s Best Managed Companies award, along with Requalified, Gold Standard, and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 12, 2016. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
About Giftcraft, www.giftcraft.com
Giftcraft Ltd. is a lifestyle industry leader servicing a diverse network of décor and giftware retailers throughout the world. With corporate headquarters based in Brampton, Ontario, Giftcraft Ltd. sets the standard in innovative design and development of decorative and functional lifestyle, fashion and gourmet gifting products to meet both the décor and giftware needs of today’s savviest consumer.
About Canada’s Best Managed Companies, www.bestmanagedcompanies.ca
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on five levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for their 4th consecutive year); 4) Gold Standard requalified winner (Award recipients that have applied and successfully retained their Gold Standard designation for two additional years, subject to annual operational and financial review); 5) Platinum Club member (Winners have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums.