DRYWORLD Brands Inc., the premium performance sports brand, has experienced remarkable growth in recent years. Let’s delve into some key points:
Sales Growth: In the first quarter of 2024, DRYWORLD achieved an astounding 1,700% growth in sales compared to the same period in 2023. This impressive surge reflects the brand’s increasing popularity and market presence1.
Global Expansion: DRYWORLD is actively expanding its operations by opening new sales and distribution channels in strategic territories. The company collaborates with top athletes, sports teams, and leagues worldwide, aligning its purpose-driven mission “for athletes, by athletes” with influential figures in the sports industry1.
E-Commerce Success: Over the past two-plus years, DRYWORLD’s e-commerce business has launched 377 products and shipped to nearly 1,000 customers across six continents and 53 countries. In January 2024, e-commerce revenues increased by more than 227% compared to January 2023, largely due to the Ambassador Program1.
Brio Holding Group Acquisition: Last fall, DRYWORLD acquired the Brio Holding Group, Inc., significantly expanding its retail distribution. The acquisition opened doors to more than 9,000 locations in Brazil, Colombia, Costa Rica, Ecuador, Panama, and Peru2.
Investor Relations and Strategic Communications: To enhance its global investment outreach and strategic communications, DRYWORLD engaged PCG Advisory, Inc., a leading firm specializing in investor relations and digital strategies3.
Uplisting Plans: DRYWORLD aims to uplist to the OTCQB with a new ticker symbol in 2024. The company is diligently working on aligning its corporate name and ticker symbol with its current operations1.
In summary, DRYWORLD’s growth trajectory, strategic partnerships, and commitment to athlete-centric innovation position it as a rising star in the sports industry. 🌟🏆👟
Bullish
