Tip Top Towels Case

States according to the numbers, gives TTT the best chance at success in the expansion. New York offers TTT the opportunity to expand further as there are more and more businesses to sell to as New York is constantly expanding.
Tip Top Towels Company was founded in 1998 and is a privately owned and operated Canadian company, which creates high-end toiletries, such as towels, face cloths etc. Tip Top Towels has its main headquarters in Toronto, Ontario, with regional offices in Vancouver, British Columbia Halifax, Nova Scotia and Edmonton, Alberta. TTT currently employs over fifteen hundred personnel. TTT had revenue of $11 million and a net income of $3 million. TTT’s largest markets are Ontario and British Columbia, and it controls a large portion of the market share in those markets.
COMPANY PROFILE: Tip Top Towels
Background Information
Tip Top Towels was founded in 1998 and is a privately owned and operated Canadian company that specializes in high-end towels and toiletries. Tip Top Towels or TTT for short has its main headquarters in Toronto, Ontario, with regional offices in Vancouver, British Columbia, Winnipeg, Manitoba, Edmonton, Alberta, and Quebec City, Quebec. TTT currently has over 1500 employees. Tip Top Towels had revenue of $23 million and a net income of $15 million. TTT’s largest markets are Ontario and British Columbia, and it controls a large portion of the market share in those