Business Woman of the Month: Joanna Griffiths

Revolutionizing Intimates with Innovation and Inclusivity

Joanna Griffiths, the visionary Founder and President of Knix, has transformed the intimate clothing business with her innovative approach and commitment to empowering women. Griffiths founded Knix in 2013 and has evolved it into one of the world’s fastest-growing businesses in the category. Her ability to comprehend client demands and challenge conventional wisdom has fuelled her success. Griffiths achieved a significant milestone in her career in 2022 when she negotiated Knix’s $410 million sale to Essity, a global leader in health and hygiene. This was Canada’s largest publicly disclosed private sale of a company founded by a solo female founder, cementing Griffiths’ status as a pioneer in her sector.

Business Woman of the Monthjoanna Griffiths
Image Courtesy: Joanna Griffiths
From Media to Intimates: A Journey of Purpose

Joanna Griffiths’ entrepreneurial journey took an unexpected turn from her initial media and entertainment goals. Griffiths was earning an MBA at INSEAD when she had a candid talk with her mother about women’s health, which led her to fill a market vacuum for practical and pleasant intimates. This realization inspired the launch of Knix, a business dedicated to rethinking underwear to fulfill women’s needs better.

Griffiths disrupted the fashion and retail industries despite her lack of traditional experience. She pioneered items like leakproof undergarments and wireless bras by prioritizing client feedback and real-world practicality. Her inventive designs immediately found popularity, establishing Knix as a market leader and propelling its fast expansion. Griffiths’ unusual approach, based on listening to clients and breaking obsolete traditions, proved to be a winning strategy.

Image Courtesy: Joanna Griffiths
Breaking barriers and redefining success

Griffiths has made audacious choices and prioritized sincerity throughout his journey with Knix. In 2016, she moved significantly by shifting Knix from a wholesale to a direct-to-consumer strategy. This decision helped the brand align with its vision and contributed considerably to its growth. Knix also became linked with diversity after launching varied marketing campaigns showcasing actual women of various ages, sizes, and backgrounds—a ground-breaking step in the intimate apparel industry.

Griffiths has often defied expectations and questioned standards. In 2021, she turned down possible investors who doubted her abilities to lead as a mother. She went on to raise $50 million in Series B funding mere days before giving birth to twins. This deed demonstrated her dedication to pushing for women’s potential in both professional and personal realms while also gaining essential resources to assist Knix’s growth.

Image Courtesy: Joanna Griffiths
A Vision for the Future

Under Griffiths’ leadership, Knix expanded its product line to include activewear, swimwear, and loungewear, all with a focus on comfort and utility. Beyond extending its product line, Griffiths has utilized Knix to effect positive change. In 2022, she established the Knix Fund, committing $1 million to community programs over three years.

Looking ahead, Griffiths remains committed to innovation, inclusivity, and empowerment. Her incredible career, from designing a single product to building a global brand worth more than USD 400 million, demonstrates her entrepreneurial vision and resilience. Joanna Griffiths’ Knix continues to inspire transformation, demonstrating the power of purpose-driven leadership in making a significant difference.

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SK Uddin
As the founder of CanadianSME Small Business Magazine, SK Uddin brings a wealth of knowledge and passion for the Canadian SME landscape. His experience in providing valuable insights into business tools, trends, and success stories makes him a compelling host who understands the needs and challenges of entrepreneurs. He also brings his expertise from organizing the annual Small Business Summit and Small Business Expo, further enriching the podcast’s content with real-world perspectives on collaboration and growth.
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