Cariloha’s sustainable luxury brand is growing and expanding across the globe at a record pace with nearly 50% compounded annual growth rates.
SALT LAKE CITY (PRWEB) April 06, 2018
EY this week announced that Founder and CEO Jeff Pedersen of Cariloha is a finalist for the Entrepreneur Of The Year® 2018 Awards in the Utah Region. As the world’s most prestigious business awards program for entrepreneurs, Entrepreneur Of The Year recognizes business leaders who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.
Cariloha is an international retailer specializing in ultra-soft bedding, clothing and bath goods made of eco-friendly viscose from bamboo, the most sustainable resource on the planet.
“Being recognized as an Entrepreneur Of The Year Finalist is truly a team effort and a victory for the entire Bamboo Nation,” said Jeff Pedersen, Cariloha Founder and CEO. “Cariloha’s sustainable luxury brand is growing and expanding across the globe at a record pace with nearly 50% compounded annual growth rates, operating in 64 full, inline stores in 16 countries and 700+ wholesale accounts in various distribution channels worldwide – all made possible by our outstanding employees and fans, our luxuriously soft bamboo products, and our incredible online and in-store shopping experience.”
Jeff was selected as a finalist by a panel of independent judges. Award winners will be announced at a special black-tie gala on Saturday, June 2, 2018, at The Grand America Hotel in Salt Lake City.
Now in its 32nd year, the program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world.
To learn more about the Utah program, please visit http://www.ey.com/us/eoy/utah_region. Join the conversation on social media by following us @EY_EOYUS and using #EOYSLC.
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National competition. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 17, 2018. The awards are the culminating event of the Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.
Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, the Kauffman Foundation and Merrill Corporation. In the Utah Region, local sponsors include CAPTRUST, Corporate Alliance, Digital Bytes Production & Design, Diversified Insurance Group, Silicon Slopes, Strong & Hanni Law Firm, The Community Foundation of Utah, The Summit Group and Utah Business.
Driven by a comfort, health and eco-conscious lifestyle, Cariloha joins the Style of the Caribbean with the Spirit of Aloha to provide the best in natural luxury. Since 2007, the brand has grown to become the only multi-store retailer in the world to provide an entire store experience that’s completely merchandised with products made from eco-friendly bamboo. By turning self-replenishing bamboo fields into crazy-soft bamboo fabrics, Cariloha offers an exclusive collection of bedding, apparel, active wear, bath goods, and accessories made from soft, cool, clean and green bamboo. Thanks to an ever-growing, rich supply of bamboo, Cariloha has a growing fleet of stores in 16 countries offering its proprietary bamboo apparel, bedding and bath goods and enjoying the quality, soft touch, and green 'footprint' of this renewable resource.
About Entrepreneur Of The Year®
Entrepreneur Of The Year®, founded by EY, is the world’s most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities and more than 60 countries. ey.com/eoy
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.