Industry Insights From Renewal Logistics:
EY Announces Courtney Folk of Renewal Logistics as an Entrepreneur Of The Year® 2023 Southeast Award Finalist
Entrepreneur Of The Year celebrates ambitious entrepreneurs who are building bolder futures
Courtney Folk was selected by an independent panel of judges. Entrepreneurs were evaluated based on their demonstration of building long-term value through entrepreneurial spirit, purpose, growth, and impact, among other core contributions and attributes.
“I am deeply honored to be named a finalist for Entrepreneur Of The Year, the world’s most prestigious business award for entrepreneurs. I’m delighted to be recognized among the 33 visionary finalists in the Southeast. As an entrepreneur whose business provides the logistics backbone for major brands and retailers, I am particularly invested in the entrepreneurial landscape. I believe that the Entrepreneur Of The Year program makes a real difference in encouraging entrepreneurial activity,” said Folk.
Renewal Logistics is a woman-owned high volume logistics company for apparel, footwear, and consumer goods. It is the largest independent provider in its space working with some of the largest and best-known brands in the world. Its focus on the circular economy has a significant environmental impact. Renewal’s unique approach has kept over 10 million units out of landfills by restoring apparel. Renewal develops customized approaches to unique problems, minimizes the cost of delays and converts expired inventory into sellable merchandise. Its 200,000 sq ft production space helps clients move product faster by creating true omnichannel capabilities quickly changing out brand and price tags, converting hanging stock to be ready to ship via e-comm.
Renewal Logistics’ Services include:
- 3PL fulfillment and warehousing
- AQL inspections
- Kitting services: e-commerce & promotional packaging
- Trim work changes: rebranding, joker tag removal/replacement, re-stickering, price tag changes
- Reverse Logistics for retail & e-commerce returns
- Repairs: button replacement, label changes
- Mold remediation
- Odor elimination
- Finishing: wrinkle removal, pressing, refolding
- Destruction, disposal, donation services
- Custom projects that require special handling
It’s core values include bringing relief, being adaptable, delivering excellence and promoting trust. Renewal goes the extra mile to help customers achieve their goals.
Regional award winners will be announced on June 22 during a special celebration. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2024.
The Entrepreneur Of The Year program has recognized more than 11,000 entrepreneurs throughout the US since its inception in 1986, and it has grown to recognize business leaders across 145 cities in over 60 countries around the world.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, N.A.; SAP America; and the Kauffman Foundation. In the Southeast, sponsors also include regional Platinum sponsors, Cresa Global, Inc., Marsh McLennan and Vaco, LLC, regional Gold sponsor, King & Spalding LLP, and regional Silver sponsor, ADP, LLC.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall Award winners go on to compete for the EY World Entrepreneur Of The Year™ title. Visit ey.com/us/eoy.
About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private.
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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
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