New York, New York (PressExposure) September 01, 2009 -- Inc. magazine today ranked CEO Lee Ferry's retail clothing site MENSREDTAG.COM NO. 230 on its 28th annual Inc. 500, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America's independent-minded entrepreneurs. Companies such as Microsoft, Zappos, Intuit, GoDaddy, Under Armour, American Apparel, Oracle, and hundreds of other powerhouses gained early exposure as members of the Inc. 500.
"If you want to know which companies are going to change the world, look at the Inc. 500," said Inc. editor Jane Berentson. "These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."
â¢ No : 230 MensRedTag.com â¢ Joliet, IL â¢ Year : 2009 â¢ Industry : Retail â¢ Founded : 1995 â¢ CEO : Lee Ferry â¢ Growth : 922.4 percent â¢ 2005 Revenue : $268,200 â¢ 2008 Revenue : $2.7 million â¢ Employees : 2 â¢ Website : [http://www.MensRedTag.com]
MensRedTag.com's Business Model:
Founded by CEO Lee Ferry, MensRedTag.com sells men's clothing online, with the slogan "Our Sale Never Ends." Mensredtag.com is the premier source of Small, Big & Tall Men's clothing online and carries an extensive selection of designer clothes. Mensredtag.com's shirt selection includes Men's Polo Shirts, Small, Big & Tall Men's Short Sleeve and Long Sleeve Shirts. They also carry Sweatshirts & Sweatpants, Shorts, Small, Big & Tall Men's Jackets & Coats, Fleece and Small, Big & Tall Men's Pants and Jeans. Additionally, they offer a tremendous selection of Men's Accessories which include caps, backpacks & duffels, coolers, Golf bags & towels, blankets, etc. Sizes range from XS up to 8XL, 6XLT for shirts and from 28w to 80w for pants. You are always guaranteed to find the lowest prices at Mensredtag.com 365 days a year.
The Inc. 500 at a Glance
The 2009 Inc. 500, unveiled in the September issue of Inc. magazine and on Inc.com, reported aggregate revenue of $18.4 billion--up significantly from last year's $13.7 billion percent, even in a down economy --and a median three-year growth rate of 880.5. The companies on this year's list are also responsible for creating more than 55,000 jobs since their founding; making the Inc. 500 perhaps the best example of the impact private, fast-growing companies can have on the overall U.S. economy.
The 2009 Inc. 500 measures revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2008. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million.
Lee Ferryâs MENSREDTAG.COM Ranks No. 230 on the 2009 Inc. 500 with three-year sales growth of 922.4%