Mountain View, CA August 30, 2010 – Beau-coup Favors, Inc., the leading online retailer of party favors, and party supplies for weddings and other life events has been recognized as one of the fastest-growing private companies in the nation by Inc. Magazine in its 2010 rankings. The company achieved a three-year growth rate of 173% and earned a spot on the Inc. 5000 list of the fastest-growing companies for the second consecutive year. Beau-coup joins prominent brands such as music website Pandora, convenience store chain 7-Eleven, and Toys "R" Us as one of this year's honorees.
Despite the fact that most of this year's measuring period of 2006-2009 took place during the latest recession, Beau-coup has posted record sales in 2010. The company continues to add staff members and recently appointed internet marketing veteran Jiyoon Chung to develop and lead strategic marketing programs to help accelerate its next growth phase as Vice President of Marketing.
"We look forward to continued growth in 2011," says Chung. "Through an early focus on expanding acquisition channels coupled with further efforts to increase brand awareness, I hope to boost market share and take the company to the next level."
"We are proud to make the Inc. 5000 list for the second year in a row," says Thomas Cole, CEO of Beau-coup. "Our team has worked hard to sustain a significant growth rate during difficult economic times. We credit this achievement to our expansion of site functionality and product selection, and we are very pleased with the outcome."
For more information about Beau-coup, visit www.beau-coup.com.
For further information, contact:
Beau-coup Favors, Inc.
The Inc. 5000 is ranked according to percentage revenue growth from 2006 through 2009. To qualify, companies must be U.S.-based, privately held, for profit and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. Revenue in 2006 must have been at least $80,000, and revenue in 2009 must have been at least $2 million.
Beau-coup was founded in 2002 with the mission of filling a gap in the wedding favors industry for unique and refined favors. The company's strength in merchandising and its elegant website have made it the leader in its industry and a valuable online destination for anyone looking for distinctive party favors, wedding supplies and bridal party gifts. Beau-coup has been featured in a variety of leading publications including Fortune, The Wall Street Journal, and InStyle Magazine.