Vena Solutions named the winner in the People's Choice category
TORONTO, Nov. 8, 2013 /CNW/ - PwC is pleased announce online men's clothier Frank & Oak as Innovator of the Year at this year's PwC Vision to Reality Awards,
which honours up-and-coming companies in the emerging tech sector.
Applicants are judged on innovation, financial performance and
strategic direction by a panel of third party industry experts.
Frank & Oak is a leading menswear brand and e-tailer that designs,
manufactures, and sells a monthly collection of premium clothing and
accessories. Members create profiles indicating their style
preferences, and then choose from a personalized selection of apparel.
With free at-home try on, the choices are simple and the experience is
Since its launch in February 2012, Frank & Oak has become one of
Canada's biggest exporting companies, and one of North America's
fastest-growing retail brands. Its success as a Canadian-based
online-only retailer is especially noteworthy considering that most
e-commerce retailers in Canada are US-based organizations. Frank & Oak
has also seen explosive year over year membership growth, with a
subscriber base of over 950,000—and counting.
"We're thrilled to be named this year's Innovator of the Year and are
excited that our concept has resonated with so many," says Ethan Song
at Frank & Oak. "Canada is a great place to be a start-up and we're
grateful for the supportive community in which we have been able to
thrive." "We're thrilled to be named this year's Innovator of the Year
and are excited that our service offering and business model has
resonated with so many," says Ethan Song at Frank & Oak. "Canada is a
great place to be a start-up and we're grateful for the supportive
environment in which we have been able to thrive."
Ten other companies recognized as finalists in Innovator of the Year
category, one of which was also named the winner of the People's Choice
As judged by their peers, Vena Solutions was crowned winner of the People's Choice Award. And, in addition to
Frank & Oak and Vena Solutions, the following nine companies were named
as finalists in the Innovator of the Year category:
D-Wave Systems Inc.
Global Relay Communications Inc.
Method Integration Inc.
"We'd like to congratulate Frank & Oak and Vena Solutions on winning
their respective awards, along with the others who made the list of
finalists," says Eugene Bomba, Partner and National Emerging Company Services Leader at PwC.
"Innovation is a key driver in the Canadian economy, and we're proud to
be part of a community that recognizes the value these businesses bring
to the table."
Follow PwC on Twitter at @PwC_Canada_LLP and on Facebook at www.facebook.com/pwccanada.
About PwC Canada
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country are committed to delivering quality in assurance, tax,
consulting and deals services. PwC Canada is a member of the PwC
network of firms with more than 180,000 people in 158 countries. Find
out more by visiting us at www.pwc.com/ca.
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partnership. All rights reserved.
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SOURCE: PwC (PricewaterhouseCoopers)
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