Sharing Services Global Corp. (SHRG) Subsidiary Strengthening Position in Growing Direct-Sales Space

September 28, 2021

September 28, 2021 14:02:10
  • Recent DSA study reported that the direct-selling channel generated $40.1 billion in retail sales in 2020, an increase of 13.9% from the previous year
  • Study shows that direct-selling companies adapted quickly to a changing world by empowering their independent sellers
  • SHRG’s The Happy Co. launched in February 2021 and offers functional beverages, capsules, patches and creams
Direct sales grew almost 14% last year in the United States, according to the most recent Direct Selling Association report (https://ibn.fm/T611K). Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in the direct-sales sector, stands to benefit from this trend, especially as the company focuses on innovating its direct-sales efforts, including the rebranding of its subsidiary operating in this space. The DSA study reported that the direct-selling channel generated $40.1 billion in retail sales in 2020, an increase of 13.9% from the previous year. The study also noted that the number of people selling products or services using the direct-selling model also increased, posting 13.2% growth, with… Read More>> NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW) 8033 Sunset Blvd Suite 1037-IW Los Angeles, CA 90046 310.299.1717 Office www.InvestorWire.com [email protected]

InvestorWire is part of the InvestorBrandNetwork.