- World Federation of Direct Selling Associations reports healthy growth
- Wellness continues to be leader in U.S. space, where SHRG continues to attract customers, entrepreneurs with inclusive Blue Ocean strategy
- Strategy proves successful as reflected in robust fundamentals SHRG continues to post
Sharing Services Global (OTCQB: SHRG), a diversified holding company specializing in the direct-selling industry and network marketing is well positioned within the industry, which continues to record healthy growth, as reported by the World Federation of Direct Selling Associations (“WFDSA”) (http://nnw.fm/dH5W7). In its latest report, “2019 Direct Selling Business Results,” the WFDSA announced that worldwide retail sales showed a year-over-year sales increase of 1.4% compared to 2018 while growing at a healthy pace in the long term with five-year CAGR of 2.3% (excluding China).
Founded in 1978 as the leading international, nongovernmental, voluntary organization representing the global direct-selling industry in more than 170 countries, WFDSA has been publishing annual reports to inform its members and the general public about the latest trends shaping the industry. Other numbers of note in the report included the global sales force totaling 119.9 million independent representatives/distributors, a figure that includes more than…
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://nnw.fm/SHRG
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