Daily News
From Home Furnishing Business
Silk & Snow Top Growing Company on 2023 Report in Canada
October 1,
2023 by HFBusiness Staff in Business Strategy, Industry
Silk & Snow announces it earned a spot on the 2023 Report on Business ranking of Canada's Top Growing Companies for the third consecutive year.
Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. Silk & Snow earned its spot with three-year growth of 867%.
Founded in 2017 by childhood friends Albert Chow and Kenneth Mo, Silk & Snow has ascended as an arbiter of bedroom style through their curated selection of high-quality sleep essentials.
Their celebrated catalogue of mattresses, sheets, accessories, furniture, and bath products has inspired a loyal customer base across Canada and the United States, all while keeping thoughtful manufacturing and traceability as a top priority.
"It is an honour to earn a place on this coveted list amongst such an impressive cohort of Canadian companies," says Chow, "It's been a transformative year for us as a brand, undergoing an acquisition and planning the opening of our first retail store.”
“However, the support we receive from Canadians for our products and mission has stayed constant. Their enthusiasm is what fuels us to continue to create products that make homes - and the world - a better place to live."
Silk & Snow was acquired by Sleep Country Canada in January 2023. The brand operates as an independent subsidiary within Sleep Country, led by Chow as CEO and Mo as COO, both of whom also joined Sleep Country's senior leadership team.
Canada's Top Growing Companies is an editorial ranking that was launched in 2019. It aims to bring the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program; companies had to complete an in-depth application process and fulfill requirements. In total, 425 companies earned a spot on this year's ranking.
"Canada's Top Growing Companies acknowledges the drive and ingenuity displayed by Canadian business," says Dawn Calleja, editor of Report on Business magazine. "This year's ranking serves as an inspiration for future business owners."
"This year's Report on Business magazine's list of Top Growing Companies shows how innovative ideas always rise to the top, perhaps even more so in times of uncertainty," says Andrew Saunders, CEO of The Globe and Mail. "The Globe and Mail congratulates this year's winners for meeting and surpassing those economic challenges."