|By Marketwired .||
|May 28, 2014 04:53 PM EDT||
CRANSTON, RI--(Marketwired - May 28, 2014) - Alex and Ani, one of America's fastest growing lifestyle brands, today received the President's "E" Award for Exports from the United States Department of Commerce in recognition of the company's achievement in making significant contributions to the increase of U.S. exports. The award was presented to the company during a ceremony in Washington, DC today.
In selecting Alex and Ani for the President's "E" Award, U.S. Department of Commerce Secretary, Penny Pritzker, noted the "E" Award Committee found the company has demonstrated a sustained commitment to export expansion, while praising the company's customization of products for export markets and commitment to participating in international trade fairs and missions. Alex and Ani's 2013 international revenue increased approximately 129% over the year before, and experienced a 384% increase over 2011.
"The President's 'E' Award winners are fantastic American businesses and organizations that have played a crucial role in strengthening and growing our economy through increased U.S. exports," said Secretary Pritzker. "By selling Made-in-America goods and services internationally, U.S. business can grow faster, hire more employees, pay higher wages, and help spread American ideas, innovation and values. Congratulations to Alex and Ani for its export achievement, which helps the local community, Rhode Island and the nation remain competitive in the global marketplace."
Alex and Ani began exporting to Japan in 2009 and, as of the beginning of 2014, has expanded beyond 500 international retail locations in 10 countries and 11 Caribbean islands while maintaining brand consistency around its core messages of positivity, eco-consciousness and products Made in America. The company's International Business Development department, which is equally based in New York and Rhode Island, has doubled in the last year with native speakers fluent in 8 different languages.
"We are proud to be selected as one of the few companies in America that is being honored by the U.S. Department of Commerce for our commitment to international trade," said Omar Ajaj, Vice President of International Business Development for Alex and Ani. "The positive energy of Alex and Ani reflects the unique and authentic identity of each individual wearer that transcends the globe and knows no boundaries. We are very thoughtful and deliberate in how we select, enter into and market new countries, and we believe the opportunity for growth internationally continues to be bright, especially as we expand into new lifestyle product lines later this year."
For additional information, please visit www.alexandani.com.
About Alex and Ani
Alex and Ani, LLC offers eco-conscious, positive energy products created by Designer Carolyn Rafaelian, Founder, Creative Director and CEO. Alex and Ani is synonymous with Made in America. Its World Headquarters are located in the Greater Providence, Rhode Island area, where its products are designed, manufactured, and assembled using recycled local materials. Carolyn believes that every individual has a positive message to share with the world, and by incorporating powerful symbolism and design into each positive energy piece, Alex and Ani provides a vehicle for wearers to express their individuality. An Inc. 500 Company, Alex and Ani has retail stores in addition to retail partners both domestically and internationally. Please visit www.AlexandAni.com for more information.
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