From Setback to Success
PRESS RELEASE:
For immediate release:
June 11th, 2024
Title: From Setback to Success: Dr. Johnny’s Launches with Expert-Designed Medical Socks
Vancouver, British Columbia – [June 13 2024] –Dr. Johnny’s Medical Socks represents the Segal family’s latest commitment to merging healthcare, comfort, and style. With a rich history in medical sock innovation, the Segal family introduces Dr. Johnny’s, featuring expertly designed compression and diabetic socks as well as other medically focused products. Their resilience and dedication to their craft are evident as they overcome past challenges to bring this new venture to life.
Dr. Johnny’s was born out of the Segal family’s resilience and their determination to offer a quality Canadian product. Despite complying with all financial obligations, the Segal family faced an unexpected takeover of their business by TD Bank in late 2023, resulting in the termination of founders and employees. The bank then sold the company to an American corporation at a significant loss, further distancing the brand from its roots and the local community it served. However, the Segal family's dedication to their mission remains strong. Dr. Johnny’s was founded on the belief that quality products and tenacity are the cornerstones of successful small businesses, ensuring continued support for local communities.
Despite these challenges, the Segal family remains undeterred. "We refuse to let this setback end our journey. With the same heart and commitment that started our original venture, and with Dr. Jean Segal continuing to bring his expertise and patient-inspired ideas, we are already moving forward with our next venture, Dr. Johnny's. We promise to bring back our core products with new innovations and enhanced designs," says Haylie Segal, Co-Founder. The family is rallying the public and business community to support them as they navigate these difficult times and work towards relaunching under the Dr. Johnny’s banner.
#ENTREPRENEURSHIP #COMMUNITYSTRONG #SMALLBUSINESS
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