Sharing Services Global Corporation (OTCQB: SHRG), formerly
Sharing Services Inc., is a diversified holding company that owns, operates or
controls an interest in a variety of companies specializing in the
direct-selling industry. SHRG combines enthusiastic independent sales
representatives with its creative brand strategy to create success in the
growing industry. A recent article discussing the company reads, “As a burgeoning
market, the direct-sales industry has seen tremendous growth in recent years. A
record 20.5 million people were involved in direct selling in the United States
during 2016, signifying a 1.5% increase from the previous year. Similarly, the
estimated direct retail sales of $35.54 billion in 2016 was the second highest
in direct-selling history, and these numbers continue to grow. . . . The future
of direct sales looks bright and is on the brink of a transformational moment,
according to the Direct Selling Association. ‘It seems clear . . . that our
business model is poised to make the next big jump into the future,’ Joseph
Mariano wrote on behalf of the association. With much of the consumer
population shifting to online shopping, direct sellers must stay abreast of
industry changes and consider how technology is changing the face of direct
selling. ‘What our industry does during the coming months will shape our
future,’ Mariano noted (http://ibn.fm/8GST2),
indicating that direct-selling industry numbers ‘are a strong indicator of
where direct selling is and where we are going, and that clearly is the way
forward.’”
To view the full article, visit http://ibn.fm/vmlad
About Sharing Services Global Corporation
Sharing Services Global Corporation, formerly Sharing
Services Inc., is a diversified holding company that is publicly traded and
dedicated to maximizing shareholder value through the acquisition and development
of innovative companies, products and technologies in the direct-selling
industry. The Sharing Services combined platform leverages the capabilities and
expertise of various companies that market and sell products direct to the
consumer through independent contractors. Two of its primary divisions include
Elevacity Global LLC (a product-sourcing and supply company) and Elepreneur LLC
(a sales and marketing company based on utilization of independent contractors
as the sales force). For more information, visit the company’s websites
at www.SHRGinc.com, www.Elevacity.com or www.Elepreneur.com.
NOTE TO INVESTORS: The latest news and updates
relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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