Organic Style Achieves 34 Percent Revenue Growth in Third Quarter of 2009
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Tue, 03 Nov 2009 14:18:28 GMT |
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ORLANDO, Fla., Nov. 3 FL-Organic-Style-+34%
ORLANDO, Fla., Nov. 3 /PRNewswire/ -- Organic Style, a leading web-based retailer of certified organic flowers and gifts, announced today a 34 percent revenue growth in the third quarter of 2009. With a new CEO at the helm, a new headquarters in Orlando, FL. and over 80 new products to offer socially conscience consumers, Organic Style has successfully positioned itself for a green future.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071126/AQM061LOGO)
Organic Style's 34 percent revenue growth in the third quarter of 2009, compared with the same period in 2008, is just one result of the tough turnaround tactics implemented by CEO, Robert McLaughlin. Since taking office in June 2009, McLaughlin has centralized the firm's operations, including relocating the company's headquarters from San Francisco, CA. to Orlando, FL. "It was clear that centralization, cost consolidation and new marketing blood needed to be pumped into this company," said McLaughlin. "The double digit revenue growth that we achieved organically in spite of the economic climate, coupled with the annual cost savings of $3M USD from centralizing our operations, will allow Organic Style to implement an aggressive growth strategy for 2010."
Transforming Organic Style into a thriving, socially responsible company is personal for McLaughlin. "I started my career in the packing sheds and greenhouses of Central Florida working as a laborer. I watched our head agronomist die at an early age from toxic chemical exposure. I knew there had to be a better way," explained McLaughlin.
With a mission to make a positive impact on the world and to inspire consumers to make choices that matter, Organic Style is more than an eco-luxury online shopping destination. "We are a company that cares about environmental, social and economic sustainability. Being sustainable is not just about our company. It's about our partners, our industry associates and our customers. A sustainable product is more than just one farm and one plant; it's about an industry, a country and a global understanding," said McLaughlin.
With revenue growth expected to exceed 70% over previous year in 2010, McLaughlin hopes that Organic Style's mission-based business model will serve as an example for other businesses by illustrating how two distinct strategies, social responsibility and financial success, can simultaneously coexist within an organization. "Our company has an opportunity to make a difference while enhancing our shareholder value and grow to new heights financially and spiritually. The higher we climb the more good we can do," said McLaughlin.
ABOUT ORGANIC STYLE
Organic Style is a mission-based company that cares about environmental, social and economic sustainability. We invite you to join us in our efforts to make a positive impact on the world. With every purchase from Organic Style, you are improving the life of a grower or artisan and protecting the environment for generations to come.
Our eco-friendly products:
Organic Style's unique online collection of stylish and one-of-a-kind products are carefully selected with the highest social and environmental standards and practices. Organically grown flowers are gentle on the earth and safeguard ecology, while sustainable, biodegradable, green packaging is innovative and stylish. All of Organic Style's products, from floral arrangements and gourmet gifts to unique home accessories, have been certified by third-party agencies, such as USDA, Fair Trade or Rainforest Alliance.
How we make a difference in the world:
Organic Style is involved in several community projects around the globe and holds over 48 partnerships with charitable organizations. All of our efforts and projects enable our company to do good while doing well. Organic Style has the opportunity to make a difference while enhancing our shareholder value and growing to new heights financially and spiritually. The higher we climb the more good we can do.
Website: www.organicstyle.com
Media Contact:
Jesse Matney, Organic Style
407.754.3232 JMatney@OrganicStyle.com
SOURCE Organic Style
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