For the second year in a row, Functionalab Group ranks among the fastest-growing companies on the PROFIT 500 list Français
MONTREAL, Sept. 20, 2017 /CNW Telbec/ - Canadian Business and PROFIT magazines announced today that Functionalab Group ranked 152nd in the 29th annual PROFIT 500 list of Canada's fastest-growing companies. This is Functionalab's second year in a row in the Top 500. Published in the October issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 is a definitive ranking of Canadian businesses by five-year revenue growth. Functionalab Group earned its place on the 2017 PROFIT 500 list with growth of 463%.
"For the second consecutive year, we are proud to be recognized among Canada's top performers in the PROFIT 500 ranking of Canada's Fastest-Growing Companies.
"We share this accomplishment with all our employees and partners," said Francis Maheu, CEO and co-founder of Functionalab Group. "This strong growth reflects our innovation, our strategic positioning at the heart of some of the most promising sectors, as well as the unwavering dedication of our team. Moving forward, Functionalab is well positioned to continue to deliver exceptional growth in the dermocosmetic, aesthetic medecine and professional markets."
Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit. These firms demonstrate what Canadian entrepreneurs can achieve, both at home and around the globe.
Over the last year, Functionalab Group has developed numerous initiatives to maintain its growth. Among them, Jouviance, a skincare line for sensitive skin developed by a dermatologist, continued to grow its share within its distribution channel. The Dermapure and Functionalab brands, which are driving the Group's growth in the professional market with a unique concept combining aesthetic services and products, have expanded geographically across Canada with the openings of a Dermapure clinic in Vancouver and a Functionalab boutique in Old Montreal.
About Functionalab Group
Functionalab Group is an innovative developer and marketer of beauty brands focused on the most attractive and fastest-growing segments: the retail dermo-cosmetics market with Jouviance and the professional aesthetic market with Dermapure and Functionalab. Focusing on two distinct distribution channels, the Group brings innovation and know-how from the professional and retail markets to the consumer.
- Jouviance is the #1 Canadian-based dermatologist-developed line of skincare and makeup, distributed in more than 3,000 retail points of sale in Canada, at CVS Pharmacies in the United States and at exclusive beauty stores in South Korea.
- Dermapure is the leading and fastest-growing network of aesthetic medicine clinics offering non-invasive treatments combining the latest innovations in skin rejuvenating technologies with Functionalab's exclusive line of professional cosmeceuticals and dietary beauty supplements to fight the most common signs of skin aging effectively.
In 2016, Functionalab Group ranked 18th on PROFIT magazine's list of fastest-growing Canadian companies and was a finalist for the EY Entrepreneur of the Year award.
For more information on our brands, please visit en.jouviance.com/, www.dermapure.com/en/, and www.functionalab.com.
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's pre-eminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 35 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
SOURCE FUNCTIONALAB GROUP
Rima Amroun-McMahan, Brand Manager - Jouviance, +1 514 789-1255 ext. #35, [email protected]; Amélie Forcier, NATIONAL Public Relations, +1 514 843-2307, [email protected]
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