MONTREAL, May 14, 2024
/CNW/ - Prestilux, a frontrunner in beauty brand development,
is awarded as one of Canada's Best
Managed Companies. This esteemed recognition underscores
Prestilux's ongoing commitment to operational excellence and
business strategy.
Canada's Best Managed Companies
is one of the country's leading business awards programs
recognizing innovative and world class businesses. By joining the
ranks of this year's winners, Prestilux distinguishes itself
particularly in the category of successful business strategy.
"Receiving this title is a mark of pride and success for our
entire team", says with enthusiasm Marie Farel, President of Prestilux. At the
heart of the company's success lie fundamental values: a daring
entrepreneurial spirit, remarkable agility, and a strong
human-centric culture. "We accept this award with gratitude and
humility; it's a recognition of the journey we've traversed, a
genuine vote of confidence in our mission: empower beauty.
Prestilux, a catalyst for growth, is the Canadian ally to
sustainably build the most loved beauty brands worldwide."
Applicants are evaluated by an independent panel of judges with
representation from program sponsors and special guests.
"Our recognition as one of Canada's Best Managed Companies stems from a
blend of factors, including our unwavering passion for beauty brand
development that has fueled us for over 50 years, supported by the
human approach and commitment of every member of our team,"
explains Nina Dyson, owner of
Prestilux. Today, the company's portfolio includes a strategic
curation of over 20 international brands, whose success and
sustainable growth are supported by a modular business model
offering integrated services and an omnichannel distribution
ecosystem to better meet the evolving needs of clients and
consumers.
"In exploring new avenues for tomorrow's advancement, this
year's Best Managed Companies winners have shown courage,
ingenuity, and creativity," says Derrick Dempster, Partner, Deloitte, and
co-leader of Canada's Best Managed
Companies program. "We are incredibly proud to highlight the
impressive achievements of companies like Prestilux in the rapidly
evolving business world. Their exceptional accomplishments are
inspiring, invite celebration, and instill a sense of
belonging."
As a company led and owned by talented women, Prestilux nurtures
an environment where respect, closeness, and commitment are felt
daily. "We are proud of this achievement and determined to
continue our mission to empower beauty with energy, agility, and
courage," asserts Marie
Farel.
About Prestilux
(www.prestilux.com)
With over 50 years of experience, Prestilux stands as one of the
foremost distributors of beauty brands in the Canadian market.
Offering a comprehensive suite of integrated services, we deliver
tailored support to meet the diverse needs of our clients and
partners.
Involved in all beauty distribution channels, we cover over
2,900 points of sale spanning drugstores, department stores, and
specialty boutiques across Canada,
alongside a vast ecosystem of online storefronts and
marketplaces.
About Canada's Best Managed Companies
Canada's Best Managed Companies
program continues to be the mark of excellence for privately-owned
Canadian companies. Every year since the launch of the program in
1993, hundreds of entrepreneurial companies have competed for this
designation in a rigorous and independent process that evaluates
their management skills and practices. The awards are granted on
four levels: 1) Canada's Best
Managed Companies new winner (one of the new winners selected each
year); 2) Canada's Best Managed
Companies winner (award recipients that have re-applied and
successfully retained their Best Managed designation for two
additional years, subject to annual operational and financial
review); 3) Gold Standard winner (after three consecutive years of
maintaining their Best Managed status, these winners have
demonstrated their commitment to the program and successfully
retained their award for 4-6 consecutive years); 4) Platinum Club
member (winners that have maintained their Best Managed status for
seven years or more). Program sponsors are Deloitte Private, CIBC,
The Globe and Mail, Salesforce and TMX Group. For more information,
visit www.bestmanagedcompanies.ca.
For further information www.societeslesmieuxgerees.ca
SOURCE Prestilux Inc