InvestorsHub Logo

Pennylanepam

01/08/15 1:42 PM

#299 RE: jzgeorge #297

HBRM HUGE HEMP NEWS JUST HIT

Jan. 8, 2015 (GLOBE NEWSWIRE) -- Herborium® Group, Inc.(OTC Pink: HBRM), www.Herborium.com, a Botanical Therapeutics® Company providing unique, all botanical medicines (Botanical Therapeutics®), announced today that its Amazon sales grew 54% over sales for the same period in 2013. This very significant increase in revenue results from a 25% increase in the number of orders and a 37% increase in the average value of the order. The increase in the average value of the order is especially significant since it indicates a growing consumer confidence in Herborium and its products.

The overall growth in revenues, increase in number of customers and the average order value for Amazon based sales represent a pivotal factor in Herborium's decision to join Amazon in Europe through its UK Gateway in the first quarter of 2015. Amazon sales in Europe surpassed $20 billion and are growing on average 20% a year since 2011.

"Herborium's Amazon US sales growth in 2014 confirms our expectations for a very successful end of 2014. Company's financial results for 2014 should be announced shortly.

We expect the growth and profitability of our novel, all natural medicines - Botanical Therapeutics®" to continue in 2015 ", commented Dr. Agnes P. Olszewski, CEO and Chairwoman of Herborium Group.

- See more at: http://globenewswire.com/news-release/2015/01/08/696055/10114749/en/Herborium-Increases-its-Sales-on-Amazon-54-Over-2013.html#sthash.PkqqkVwY.dpuf