Nathan, the maker of hydration, visibility, and other performance gear, announced that it has been named to the 2013 Inc. 500|5000 list, an elite ranking of the nation’s fastest-growing private companies.
Nathan said it posted a 156 percent revenue increase between 2009 and 2012 and made the prestigious list for the first time in its history. The company has averaged 40 percent growth for 9 consecutive years while also expanding distribution in to 45 countries.
“We are proud to receive this accolade, especially given that the competition was tougher than ever this year,” said Bridgit Lombard, Chief Executive Officer of Nathan. “This is a testament to our purposeful products, our strong retail partnerships, and most certainly, to the passionate team we have in place that comes in every day motivated to work harder, think differently, and inspire growth.”
Lombard also attributed Nathan’s success to the brand’s focus on helping retailer partners drive awareness and growth of the Running Essentials product category through innovation, education, and merchandising programs that continue to attract and retain new consumers.
This year in particular marked an exclusive and historic list to join, as the median company on the list increased sales by a record-setting 140 percent and the average honoree grew an unprecedented 468 percent between 2009 and 2012.
Nathan’s gear includes hydration vests, belts, handhelds,
bottles, running paks, active visibility and reflective vests, and other
running and outdoor gear essentials.