AUSTIN, Texas, Nov. 19, 2017 /PRNewswire/ -- EY today
announced that Kendra Scott, CEO, Designer and Philanthropist, and
Founder of Kendra Scott LLC, the iconic Austin-based jewelry, home and lifestyle
brand, best known for its use of natural gemstones and customizable
jewelry, received the EY Entrepreneur Of The Year® 2017 Award in
the Consumer Products and Retail category. The prestigious
award, now in its 31st year, recognizes outstanding
entrepreneurs who demonstrate excellence and extraordinary success
in areas such as innovation, financial performance and personal
commitment to their businesses and communities. Kendra Scott was
selected by an independent panel of judges, and the award was
presented at EY's Strategic Growth Forum in Palm Springs, California, on Nov. 18.
"I am incredibly honored to win the EY Entrepreneur of the Year
Award in the Consumer Products and Retail category," said
Scott. "I started the Kendra Scott brand with $500 and a dream in Austin, Texas. I never could have imagined
we'd be where we are today. I'm thankful to all of my customers and
my team for helping turn this dream into reality. So much of our
company's success is based on what our company stands for -- the
three core pillars of family, fashion, and philanthropy. Staying
true to these pillars has led to our success today."
Founded in Austin, Texas in
2002 by designer, philanthropist and the brand's namesake, Kendra
Scott, the company has grown from a one-woman operation into a
billion-dollar jewelry phenomenon with over 2,000 employees and 75
stores. With Kendra firmly at the helm, the company continues to
champion its founding principles of family, fashion and
philanthropy; in 2016 alone Kendra Scott donated over $3.5 million and 75,000 pieces of jewelry to
3,500 US and international charitable organizations, and in
2017 has a goal to give back $5million.
In 2014, Scott was awarded the EY Entrepreneur of the Year Award
in the Central Texas region.
Since 1986, EY has celebrated entrepreneurial excellence by
honoring those whose ingenuity, spirit of innovation, and
discipline have propelled their companies' success, invigorated
their industries, and benefited their communities. These men and
women have created the products, services and jobs that help our
economy and communities grow, while also encouraging others to
follow their lead. In 2017, the 261 regional winners employed more
than 230,000 people and had job growth of 20 percent. They also
generated revenue of more than $52
billion this year, with revenue growth increasing more than
33 percent.
The program has honored the inspirational leadership of
entrepreneurs including Howard
Schultz of Starbucks Coffee Company and Mindy Grossman of HSN. Recent US national
winners include Jayshree Ullal and
Andy Bechtolsheim of Arista Networks
and 2016 winner Bill Marriott of
Marriott International.
The EY Entrepreneur Of The Year Award program has demonstrated a
unique ability to identify the traits that lead companies to join
the ranks of the some of the world's most successful
companies.
About Kendra Scott
Kendra Scott is a loving mother, a driven entrepreneur and a
passionate designer who believes the truest form of success is
giving back in a meaningful way. As a creative mind with a
love of natural gemstones, Kendra designed her first collection of
jewelry in 2002. The foundation of Kendra's success has been her
infectious energy and entrepreneurial spirit, which took her from a
$500 project in the spare bedroom of
her home to a billion-dollar fashion brand loved globally. Known
for her unique use of color and quality materials, Kendra has
created collections of timeless pieces that have won over loyal
fans, media and celebrities alike. Since she began her company,
Kendra has lived by three core values: Family, Fashion and
Philanthropy. She created a brand and culture that authentically
values giving back and making a positive difference in the
community. The Kendra Scott company maintains a focus on its
customers and the causes close to their hearts, abiding by the
mantra 'What Matters to You, Matters to Us'.
About EY Entrepreneur Of The Year®
EY Entrepreneur Of The Year is the world's most prestigious
business award for entrepreneurs. The unique award makes a
difference through the way it encourages entrepreneurial activity
among those with potential and recognizes the contribution of
people who inspire others with their vision, leadership and
achievement. As the first and only truly global award of its kind,
Entrepreneur Of The Year celebrates those who are building and
leading successful, growing and dynamic businesses, recognizing
them through regional, national and global awards programs in more
than 145 cities in more than 60 countries.
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SOURCE Kendra Scott LLC