(Broomfield, CO) August 16, 2022 – Inc. announced that Feel the World, dba Xero Shoes, is No. 2,114 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. Xero Shoes’ experienced a three-year revenue growth of 282.5 percent.
“We’re thrilled to be named on the Inc. 5000 for the sixth year in a row, thanks to the hard work from our growing number of employees and the passion from our customers who have discovered the comfort, health benefits, and FUN of Xero Shoes,” says Steven Sashen, CEO and Co-Founder of Xero Shoes.
The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.
During this time, Xero Shoes hired key executives including Shaun Araham, Director of Product Management; Tom Curran, Director of Sales; and Jody Eichler, VP of Digital, who bring an array of experience to propel Xero Shoes’ rapid expansion in both DTC and wholesale businesses sales expansion and support digital and creative marketing efforts. In 2021, the Company grew 46 percent year-over-year, with annual net revenue of $33.6 million. Xero Shoes also launched xeroshoes.eu website to meet the growing demands in the European market.
“Despite the economic roadblocks, we’re proud of our company’s continued growth and ability to rise above multiple challenges as we provide our customers with innovative footwear that changes lives,” says Lena Phoenix, President and Co-Founder of Xero Shoes.
About Xero Shoes
Founded in 2009, Xero Shoes manufactures comfortable, lightweight, performance and casual footwear built with a “foot-first design”. The company’s mission is to help people experience the comfort and benefits of barefoot-inspired footwear that lets them move naturally so they can “Live Life Feet First”. Co-founder and CEO, Steven Sashen, started Xero Shoes out of necessity after discovering that running barefoot solved years of running injuries, but that being actually barefoot wasn’t ideal in many situations. Xero Shoes launched in December 2009, in the EU in November 2021 and now has a complete line of casual and performance shoes, boots, and sandals that customers ages 2-92 in 97 countries wear for almost any imaginable occasion and activity. Xero Shoes is the footwear partner for two USA National Teams – USA Artistic Swimming and USA Archery. Sashen, along with co-founder and President, Lena Phoenix, appeared on ABC’s hit reality-business show, Shark Tank, where they turned down a $400,000 offer from Kevin “Mr. Wonderful” O’Leary.