Daily News Archive
Brought to you by Home Furnishings Business
InMod High on Inc. Magazine Growth List
August 25,
2010 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on August 26, 2010
Online furniture retailer Inmod made the top 15th percentile in Inc. magazine's Inc. 5000 list of fastest-growing U.S. private companies.
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. President Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
The Inc. 500/5000 list measures the last three years of revenue growth of companies that must be privately held, for profit and independent. Inmod increased revenue by 417 percent from 2006 to 2009.
Inmod was founded in 2003 and has a focus on eco-friendly options, customization programs that include "Design Your Own Pillow" and "Design Your Own Duvet."