LOS ANGELES, July 23, 2020 /PRNewswire-PRWeb/ — Modere, a global leader in the live-clean lifestyle space, today announced it has been ranked third on The Women Presidents’ Organization’s (WPO) annual list of the 50 Fastest Growing Women-Led Companies. Winners were announced at the WPO’s Annual Conference, “Reimagining Business”, which was presented online over July 22 and 23, 2020. Led by Chief Executive Officer Asma Ishaq, Modere celebrates its first year on the prestigious list.
“As a global business, Modere has uniquely addressed a need in the health and wellness space. We are thrilled the company has been ranked third in this year’s 50 Fastest Growing Women-Led Companies, sponsored by American Express,” said Camille Burns, Chief Executive Officer, the Women Presidents’ Organization.
Modere spearheaded today’s on-trend market for live-clean products when it launched its category-leading portfolio of clean-label beauty and personal care, health and wellness, and household products 30 years ago. “The company has demonstrated explosive growth under the leadership of CEO Asma Ishaq, and is a newcomer to the list,” added Burns. “We are inspired by her company’s success and particularly proud she is a member of WPO’s Zenith I Chapter.”
Evaluated for revenue performance during 2015-2019, during which time it experienced over 1500% growth in North America, the company is currently tracking at 75% growth in 2020 year to date compared to 2019 for the same time period.
“We attribute this honor to the many people whose extraordinary efforts have made this achievement possible,” remarked Ishaq. “I look forward to reaching our next growth goals in tandem with our loyal customers and exemplary employees and sales force around the world.”
The 50 Fastest list recognizes the advancement of women in business by honoring those women-led companies who have generated exponential growth. Nominees for this year’s list were ranked according to a sales growth formula combining percentage and absolute growth for revenues between 2015 and 2019.
“It is a privilege to be in the company of the talented women named to this list who have driven their companies’ remarkable accomplishments,” continued Ishaq. “We are indebted to the WPO for their support of women entrepreneurs and business leaders.”