Connect with us

News

Is Endy Canada A Canadian Company?

Published

on

Is Endy Canada A Canadian Company?

Endy canada :TORONTO, March 31, 2021 /CNW/ – Sleep Country Canada Holdings Inc. (“Sleep Country” or the “Company”) (TSX: ZZZ) is thrilled to announce that, further to its acquisition of Endy in November 2018, it has completed the acquisition with performance pay of $25 million in March 2021. The payment is testimony to Endy’s strong outperformance of all set growth and profitability targets in 2020. Since exploding onto the eCommerce scene in 2015, Endy canada has achieved over $250 million in revenue and has grown to become Canada’s leading online mattress brand and one of the country’s fastest-ever growing retail brands.

In November 2018, Sleep Country made its single most valuable investment to date through the acquisition of Endy for $88.7 million, paying $63.7 million in cash at closing and agreeing to pay up to $25 million in Q1 2021 based on Endy canada achievement of ambitious growth and profitability targets. With Endy surpassing every set metric, the acquisition has proven to be a spectacular success, driving tremendous value for customers, employees and shareholders in its first two years as part of the Sleep Country family.

“I am incredibly proud of a landmark year for Endy in 2020,” said Rajen Ruparell, Co-Founder, Endy. “What we have achieved is a testament to our brilliant team and our relentless focus on customer experience. We believe we are still in the early stages of building a truly iconic Canadian brand.

The Endy acquisition is a successful milestone in the execution of Sleep Country’s strategic plan. Over the last several years, Sleep Country has been strategically investing and innovating in order to anticipate, adapt and evolve with the customer of today and tomorrow. The acquisition of Endy has significantly enhanced Sleep Country Canada Holdings Inc. competitive positioning by adding unmatched eCommerce infrastructure and digital acquisition capabilities through the Endy platform, substantially expanding its customer base and adding a suite of innovative, Canadian-made products to complement Sleep Country’s industry-leading assortment. Combined, the Sleep Country, Dormez-vous and Endy brands are unparalleled in the sleep retail landscape and are defining the way Canadians will choose to shop for sleep solutions for years to come.

Endy continues to operate separately from Sleep Country, encouraging the same competitive spirit that positions both companies as leaders in their respective spaces.

“We are incredibly excited about what the future holds for our partnership,” said Stewart Schaefer, Chief Business Development Officer, Sleep Country Canada. “We have barely scratched the surface on all that we plan to unleash between Endy and Sleep Country and have truly enjoyed working with their brilliant team. Each of our brands brings a best-in-class model of service to our combined customers. Our brands complement one another in offering a superior experience to a broader customer segmentation. Looking forward, our exceptional 2020 results serve as powerful momentum as we continue to build our sleep ecosystem and expand our leadership position in Canadian retail.”

Endy canada, founded in 2015 by Rajen Ruparell and Mike Gettis, continues to lead as an innovator in the eCommerce space. Since the acquisition, Endy has launched numerous new products including a duvet, weighted blanket and bed frame, while continuing to differentiate itself with its signature product, the Canadian-made Endy Mattress. Recently named Product of the Year Canada 2020 for Mattress-in-a-Box and Most Trusted Mattress-in-a-Box Brand 2021 by BrandSpark, Endy has become one of the country’s most widely owned and loved mattresses in a highly competitive market, with more than 250,000 sold and an average 4.9/5-star rating based on 20,000 customer reviews. The brand exclusively operates in Canada with its eCommerce website, endy.com, as its primary point-of-sale.

Additional notable achievements for Endy in 2020 include:

  • Voted Product of the Year 2020 for Mattress-in-a-Box and Parent Tested, Parent Approved
  • Exceeded Canadians’ expectations of free and fast delivery, arriving on customers’ doorsteps in 3.2 days from order date, on average, nationwide
  • Earned recognition as one of Canada’s Great Places To Work for the second year running
  • Reached a milestone of 10,000 mattresses donated to-date to Canadian charities as part of The Endy Donation Project
  • Continued to drive innovation with Endy’s in-house marketing and creative teams, reaching 21.6 million Canadians through digital ads alone

In Spring 2020, Endy canada launched its Healthcare Heroes initiative, transforming on-call rooms at Canadian hospitals hard-hit by COVID-19 with new mattresses and bedding. These donations help ensure Canada’s frontline doctors and nurses can rest comfortably between patients and on multi-day shifts. Endy has expanded this initiative in 2021, with 16 Canadian hospitals supported to-date.

“The Endy team is best-in-class in Canada, and we applaud their record-breaking growth and commitment to innovation in eCommerce,” said David Friesema, CEO, Sleep Country Canada. “They have performed exceptionally well as part of the Sleep Country family and continue to set themselves apart as a leader in the digital space.”

Endy announced Alexandra Voyevodina-Wang as its new GM & President in November 2020. Previously, Alexandra served as Endy’s first-ever CFO, joining the team in 2016 as a key member of the brand’s early-stage growth team. In her new role, Alexandra oversees Endy’s growth strategy and day-to-day operations and looks forward to solidifying Endy’s reputation as a beloved Canadian brand with a customer-first focus. Rajen Ruparell remains active as founder and advisor to the company.

About Sleep Country

Sleep Country is Canada’s leading omnichannel specialty sleep retailer, with a national brick-and-mortar footprint and robust eCommerce platforms dedicated to supporting the health and wellbeing of Canadians by matching each customer to their best night’s sleep. Sleep Country operates under three retail banners (the “Banners”): “Sleep Country Canada”, with omnichannel operations in Canada excluding Québec; “Dormez-vous” with omnichannel operations in Québec and “Endy”, Canada’s leading online mattress-in-a-box retailer. As of March 16, 2021, Sleep Country has 283 stores and 17 distribution centres across Canada. All of the Company’s stores are corporate-owned, enabling it to develop and maintain a strong culture of customer service, resulting in a consistent and superior in-store and home delivery experience. Sleep Country also works closely with Canadian charities to donate new and gently used mattresses to families and children in need.

For more information about the company visit www.sleepcountry.ca.

About Endy

Launched in 2015 and headquartered in Toronto, Endy (endy.com) is revolutionizing the way people sleep, through their ridiculously comfortable, supportive and Canadian-made mattress. Endy stands apart as one of Canada’s fastest-growing e-Commerce companies, and its fan-favourite, Canadian-made mattress was recently named Product of the Year Canada 2020 (Mattress-in-a-Box). The brand has expanded its assortment to include The Endy Pillow, The Endy Sheets, The Endy Mattress Protector, The Endy canada Duvet, The Endy Bed Frame, and The Endy Weighted Blanket. The proudly Canadian company works closely with Canadian charities to donate new and gently used mattresses to families and individuals in need. Endy is a wholly owned subsidiary of Sleep Country Canada Holdings Inc. (TSX:ZZZ).

Continue Reading

News

Ultimate Guide To Understanding Örviri: History, Traditions, And Culture

Published

on

Ultimate Guide To Understanding Örviri: History, Traditions, And Culture

Örviri, a term steeped in rich history and cultural significance, holds the key to unlocking a world of traditions and heritage. In this comprehensive guide, we embark on a journey to delve into the roots, exploring its historical evolution, vibrant traditions, and the cultural tapestry that defines this unique community.

Ancient Roots and Evolution

Örviri history traces back through the annals of time, unveiling a narrative shaped by ancient civilizations and cultural amalgamations. From the nomadic origins to the establishment of settled communities, evolution is a testament to resilience and adaptation.

Key historical events, such as the Great Migration and the formation of early settlements, have left an indelible mark on the cultural landscape. These events not only shaped identity but also influenced neighbouring regions, fostering a dynamic cultural exchange.

Key Historical Figures

Within the pages of Örviri history, we encounter captivating figures whose contributions echo through the ages. Leaders, visionaries, and cultural icons have played pivotal roles in shaping society. Figures like [Name], renowned for [specific contribution], exemplify the spirit of resilience and innovation.

Rituals and Ceremonies

Örviri traditions are alive with rituals and ceremonies, each holding profound significance in the cultural fabric. From age-old rites of passage to ceremonies marking harvests, these traditions bind communities together. The [specific ritual], for instance, symbolises [its meaning], underscoring the deep connection between individuals and their heritage.

Festivals and Celebrations

Örviri festivals are vibrant expressions of communal joy and cultural pride. The [major festival], celebrated annually with fervour, is a spectacle of traditional dance, music, and gastronomy. These celebrations not only provide a window into traditions but also offer a warm invitation for outsiders to partake in the festivities.

Lifestyle and Daily Routines

The Örviri way of life is characterised by a harmonious balance between tradition and modernity. Traditional practices, such as [specific practice], continue to shape daily routines. Yet, communities are adept at navigating the complexities of the modern world while preserving the essence of their cultural heritage.

Art and Craftsmanship

Artistic expressions, whether in pottery, weaving, or storytelling, reflect a deep connection to nature and community. The intricate patterns in crafts often convey narratives of folklore or historical events, making each piece a living testament to the community’s cultural legacy.

Örviri Social Structure

Örviri social structure revolves around strong familial ties and communal bonds. Families and clans play integral roles, and the collective well-being of the community takes precedence over individual pursuits. Understanding these dynamics is crucial for appreciating the intricate web of relationships that sustains society.

ommunication and Language

Characterised by their uniqueness and diversity, are the linguistic threads that weave communities together. The preservation of these languages is not just a linguistic endeavour but a commitment to safeguarding a cultural heritage passed down through generations.

Örviri in the Modern World

In an era of globalisation, Örviri communities are faced with the challenge of preserving their cultural identity. Organisations and initiatives, such as [specific initiative], are at the forefront of cultural preservation, employing innovative methods to ensure traditions endure for future generations.

Contemporary Issues

Örviri communities navigate a complex landscape, balancing tradition with the demands of the modern world. The diaspora of communities across the globe brings both opportunities and challenges, prompting a reevaluation of cultural practices and adaptability in the face of change.

Travelling to Örviri Regions

For those eager to immerse themselves in Örviri culture, respectful tourism practices are paramount. Respecting local customs, seeking guidance from community leaders, and participating in cultural events provide enriching experiences while ensuring responsible tourism.

Must-visit cultural sites, such as [specific site], offer travellers a glimpse into the heart of heritage. These locations, steeped in history, provide a tangible connection to the traditions explored in this guide.

Frequently Asked Questions about Örviri

Dispelling myths about Örviri culture is essential for fostering understanding and appreciation. Contrary to [myth], culture is [fact]. Clarifying these cultural nuances promotes cultural sensitivity and encourages a more accurate perception of traditions.

Resources for Further Learning

For those eager to delve deeper into culture, a wealth of literature awaits. [Recommended readings] offer nuanced perspectives on history, traditions, and contemporary challenges. Academic resources provide scholarly insights, contributing to a well-rounded understanding of culture.

Cultural Experiences

Immersive experiences, such as attending cultural events and festivals, offer unparalleled opportunities for learning and connection. These firsthand encounters allow individuals to engage with traditions in a meaningful way, fostering a deeper appreciation for the cultural richness explored in this guide.

Conclusion

In concluding our exploration of Örviri history, traditions, and culture, we find a tapestry woven with resilience, diversity, and timeless beauty. The journey through Örviri heritage is an ongoing one, inviting curious minds to continue learning, engaging, and appreciating the richness of this unique cultural tapestry. May this guide serve as a gateway to a world where tradition and modernity coalesce, creating a vibrant and enduring legacy.

Continue Reading

News

Cameron Herren: Pioneering Innovation and Leadership

Published

on

Cameron Herren: Pioneering Innovation and Leadership

In the dynamic landscape of business and technology, certain individuals emerge as pioneers, charting new territories and setting benchmarks for innovation and leadership. One such luminary is Cameron Herren, a visionary entrepreneur and business leader whose contributions have left an indelible mark on the realms of technology and corporate leadership.

Early Life and Education

Cameron Herren’s journey into the world of innovation began with a strong foundation in education. Born with a curiosity-driven mindset, he pursued his education in computer science, laying the groundwork for a career that would later see him at the forefront of technological advancements.

Entrepreneurial Spirit

Herren’s entrepreneurial journey started with the founding of his first startup, a venture that aimed to bridge the gap between technology and everyday life. His passion for innovation and problem-solving became evident as he navigated the challenges of entrepreneurship, demonstrating a keen ability to identify opportunities in the market.

Tech Visionary

Cameron Herren’s impact on the technology sector is particularly noteworthy. His visionary approach to emerging technologies, such as artificial intelligence, blockchain, and the Internet of Things, positioned him as a thought leader in the industry. Herren consistently embraced innovation, pushing the boundaries of what technology could achieve and how it could be integrated into various facets of business and society.

Leadership Style

At the core of Cameron Herren’s success is his distinctive leadership style. Focused on collaboration, empowerment, and fostering a culture of innovation, he led his teams with a blend of strategic thinking and a commitment to excellence. Herren’s leadership philosophy emphasizes adaptability, a crucial trait in an era where change is the only constant.

Corporate Successes

Herren’s career is punctuated with numerous corporate successes. Whether through the launch of groundbreaking products, strategic partnerships, or successful mergers and acquisitions, he consistently demonstrated an ability to navigate the complex landscape of business. His leadership extended beyond the boardroom, inspiring teams to achieve goals that seemed insurmountable.

Philanthropy and Social Impact

Beyond his professional endeavors, Cameron Herren is also recognized for his commitment to philanthropy and social impact. He has leveraged his success to contribute to various charitable causes, recognizing the responsibility that comes with influence and affluence. Herren’s dedication to making a positive difference in the world reflects a holistic approach to success.

Legacy and Future Endeavors

As Cameron Herren continues to shape the future of technology and business, his legacy stands as a testament to the power of innovation and visionary leadership. His journey inspires aspiring entrepreneurs and leaders to embrace change, think boldly, and strive for excellence in their pursuits.

Conclusion

In the ever-evolving landscape of business and technology, Cameron Herren stands as a beacon of innovation and leadership. From his early entrepreneurial ventures to his influential role in shaping the tech industry, Herren’s journey exemplifies the transformative impact one individual can have. As we look to the future, Cameron Herren’s legacy serves as a guide for those seeking to pioneer change and leave a lasting mark on the world of business and innovation.

Continue Reading

News

Maria Gjieli: A Rising Star in the World of Music

Published

on

Maria Gjieli: A Rising Star in the World of Music

In the vast landscape of the music industry, new and promising talents constantly emerge, captivating audiences with their unique sounds and stories. One such rising star is Maria Gjieli, a name that is making waves and leaving an indelible mark on the contemporary music scene.

Early Life and Background

Maria Gjieli’s journey in the world of music began with her roots deeply embedded in a family of musicians and artists. Hailing from [insert place of origin], Maria was exposed to a rich tapestry of musical genres from a young age. This early influence laid the foundation for her passion and eventual pursuit of a career in music.

Artistic Style and Influences

Maria Gjieli is known for her distinctive artistic style that seamlessly blends various genres, creating a sound that is both familiar and refreshingly innovative. Her music often reflects a fusion of [mention genres], showcasing her versatility as an artist. Influenced by musical icons such as [insert influential artists], Maria has managed to carve out a niche for herself in a highly competitive industry.

Breakthrough Moments

Every artist has defining moments that mark their ascent to stardom. For Maria Gjieli, it might have been a breakthrough performance, a viral hit, or a collaboration with a renowned artist. These moments not only showcase her talent but also highlight her ability to connect with a diverse audience.

Notable Achievements

Maria Gjieli’s journey is studded with noteworthy achievements that underscore her growing impact in the music world. From topping charts to earning accolades for her songwriting and vocal prowess, she has proven herself as an artist to watch. Her achievements extend beyond the realms of music, as she has also made significant contributions to [mention any philanthropic or social causes she supports].

The Evolution of Maria Gjieli

As an artist evolves, so does their music. Maria Gjieli’s discography is a testament to her growth and evolution as an artist. From her early works to her latest releases, listeners can trace the journey of an artist who is not afraid to experiment and push boundaries.

Fan Base and Global Appeal

In the age of social media and digital connectivity, artists can amass a global fan base almost overnight. Maria Gjieli is no exception, with fans spanning across continents. Her ability to connect with listeners on a personal level, both through her music and her online presence, has contributed to the rapid expansion of her fan base.

Future Prospects and Projects

The future looks bright for Maria Gjieli as she continues to explore new horizons in her musical career. Whether it’s upcoming projects, collaborations, or a world tour, fans eagerly anticipate what she has in store. With a dedicated team supporting her and a growing fan base cheering her on, the possibilities seem endless.

Conclusion

Maria Gjieli’s rise in the music industry is a testament to the power of talent, hard work, and a genuine connection with the audience. As she continues to leave her mark on the global music stage, it’s clear that Maria Gjieli is not just an artist; she’s a force to be reckoned with, poised for even greater heights in the years to come. Keep an eye (and an ear) out for this rising star as she continues to shape the soundscape of contemporary music.

Continue Reading

Trending