Solo Brands Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024
March 19 2024 - 7:00AM
Business Wire
Leading omnichannel lifestyle company joins the
ranks of Nvidia, YouTube, Taco Bell, and more
Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or “the Company”),
a leading omnichannel lifestyle company with beloved brands such as
Solo Stove, Chubbies, ISLE, Oru Kayak and IcyBreeze, has been named
to Fast Company’s prestigious list of the World’s Most Innovative
Companies of 2024. Solo Brands earned the standing of No. 2 in the
Consumer Goods category.
This year’s list shines a spotlight on businesses that are
shaping industry and culture through their innovations. These
organizations are setting new standards and achieving remarkable
milestones in all sectors of the economy. Alongside the World's 50
Most Innovative Companies, Fast Company recognizes 606
organizations across 58 sectors and regions.
"We are truly honored to be recognized by Fast Company as one of
the Most Innovative Companies, especially within the Consumer Goods
category," said Chris Metz, President and CEO of Solo Brands. “This
acknowledgment underscores our unwavering commitment to innovation,
a cornerstone of our company's ethos and growth strategy. Standing
among brands that are driving the future of their industries with
forward-thinking products and strategies fills us with immense
pride. This recognition reflects the dedication and passion of our
team, whose relentless pursuit of excellence propels our success.
We are grateful for this award, which reaffirms our standing as a
leader in our field and inspires us to continue pushing boundaries
and delivering exceptional value to our consumers.”
Consumer centric product innovation is firmly rooted in the core
ethos of Solo Brands, propelling it to new heights of growth. The
Solo Brands portfolio is filled with leading lifestyle brands that
have trailblazed the industries in which they compete.
Solo Stove, the pioneering brand behind innovative fire pit
designs, has significantly influenced the cultural conversation
surrounding outdoor gatherings. Its flagship product, the
"smokeless" wood-burning fire pit, has transformed the fire pit
category. In the past 18 months, Solo Stove spurred a cultural
sensation with its viral collaboration with Snoop Dogg. Moreover,
the brand has expanded its product line to include game-changing
innovations like pizza ovens, torches, and indoor-compatible fire
bowls, showcasing its commitment to redefining outdoor
experiences.
Chubbies, a premium casual apparel and activewear brand, has
made a firm commitment to sustainability while maintaining its
renowned standards of comfort and style. This dedication is
exemplified by the brand's elimination of harmful forever chemicals
from all its products.
In the realm of watersports, both ISLE and Oru Kayak have
introduced cutting-edge technology to redefine the industry. ISLE's
Surf & SUP Pioneer PRO paddleboard stands out for its
innovative use of InfinityFiber material, earning praise for its
groundbreaking design. Meanwhile, Oru Kayak has revolutionized
kayaking with The Lake, a foldable kayak that seamlessly transforms
from a compact box into a sturdy watercraft in less than a
minute.
The World's Most Innovative Companies stands as Fast Company's
hallmark franchise and one of its most anticipated editorial
efforts of the year.
Fast Company's editors and writers identified the companies
driving progress around the world and across industries, evaluating
thousands of submissions through a competitive application process.
The result is a globe-spanning guide to innovation today, from
early-stage startups to some of the most valuable companies in the
world. Fast Company’s Most Innovative Companies package is
available online, as well as in-app form via iTunes, and on
newsstands beginning March 26. The hashtag is
#FCMostInnovative.
“Our list of the Most Innovative Companies is both a
comprehensive look at the innovation economy and a snapshot of the
business trends that defined the year,” said Fast Company
editor-in-chief Brendan Vaughan. “We saw extraordinary innovation
across the board in 2023, but we also saw a handful of clear
patterns: the growing footprint and impact of AI, the triumphant
return of live events, and great leaps forward in climate tech. We
face daunting challenges on many fronts, but the solutions we
celebrate in MIC give me plenty of hope about the future.”
Fast Company will host the Most Innovative Companies Summit and
Gala on May 16. The summit features a morning and afternoon of
inspiring content, followed by a creative black-tie gala including
networking, a seated dinner, and an honoree presentation. This
event celebrates the Most Innovative Companies honorees and
provides an inside look at cutting-edge business trends and what it
takes to innovate in 2024.
About Solo Brands, Inc.
Solo Brands, headquartered in Grapevine, TX, is a leading
omnichannel lifestyle brand company. Leveraging e-commerce,
strategic wholesale relationships and physical retail stores, Solo
Brands offers innovative products to consumers through six
lifestyle brands – Solo Stove and TerraFlame, known for firepits,
stoves, and accessories; Chubbies, a premium casual apparel and
activewear brand; ISLE, maker of inflatable and hard paddle boards
and accessories; Oru Kayak, innovator of origami folding kayaks;
and IcyBreeze, maker of portable air conditioning coolers.
About Fast Company
Fast Company is the only media brand fully dedicated to the
vital intersection of business, innovation, and design, engaging
the most influential leaders, companies, and thinkers on the future
of business. Headquartered in New York City, Fast Company is
published by Mansueto Ventures LLC, along with our sister
publication Inc., and can be found online at
www.fastcompany.com.
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