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Canadian News September 16, 2019

Cutter & Buck Canada Makes 'Canadian Business' Fastest-Growing List

By  Sara Lavenduski

Brampton, ON-based Cutter & Buck Canada (asi/47967) has been ranked 23rd on the annual Growth 500 list from the Canadian Business and Maclean’s media brands. The companies on the list of Canada’s fastest-growing firms are ranked based on five-year revenue growth. Cutter & Buck Canada’s was an impressive 2938%.

“The past five years has been an exciting time of transformation for our team and our brand,” said Cutter & Buck Canada CEO Shane Brett, in a statement. “The resulting growth is thanks to incredible support from our customers, and the efforts of an exceptional staff dedicated to continuous improvement. I can’t wait to see where we can take it to next.”

The company has official partnerships or licenses with Major League Baseball, PGA of Canada, PGA of America, PGA TOUR and PGA Tour Canada, and is also the exclusive distributor of Clique, a premier sportswear basics brand, in North America.

“The companies on the 2019 Growth 500 are truly remarkable,” said Beth Fraser, Growth 500 program manager, in a statement. “Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today.”

In the fall of 2017, Cutter & Buck Canada opened a new state-of-the-art 75,000 square-foot warehouse in Brampton to improve lead-times for Canadian clients. “We’re all about accuracy, efficiency and speed,” Mark Alexander, Cutter & Buck’s operations manager for Canada, told ASI Canada in October 2018. “It’s a very lean facility.”

Canadian Business has released its Growth 500 list for more than 30 years. Winners are profiled in a special print edition of Canadian Business, mailed along with the October issue of Maclean’s, and at growth500.ca. View the entire list of winners here.

With 2018 revenue of $72 million, Seattle-based Cutter & Buck (asi/47965) is ranked 19th on Counselor's annual list of the industry's Top 40 suppliers.