New York, March 05, 2024 - PRISM MediaWire - Today, DRYWORLD Brands, Inc. ($IBGR), a leading global sports brand renowned for premium performance, delivered its annual corporate update to the investment community. The update showcased remarkable achievements, including a staggering 1700% surge in sales from Q1 2023 to 2024, the successful launch of 377 products within a span of two years, and a notable 277% growth in ecommerce revenues for January 2024 compared to the same period last year. Furthermore, the company has outlined plans for a forthcoming name and ticker change in the upcoming year.
DRYWORLD Brands, Inc. ($IBGR), a leading global sports brand
DRYWORLD's global market penetration remains robust, with shipments to nearly 1,000 customers spanning six continents and 53 countries. Concurrently, the company has successfully secured global partnerships with esteemed athletes and teams across various sporting disciplines. Notably, DRYWORLD proudly announces its collaboration with PFC Beroe x Ronaldinho, aligning with a team and athlete in the world's most popular sport, soccer, which boasts approximately 3.5 billion fans globally. Beyond soccer, DRYWORLD has also forged partnerships with athletes and teams in diverse sports such as Super Rugby and even Olympians.
In 2024, the management of DRYWORLD is strategically aiming for a milestone year, prioritizing sustained revenue growth and the pursuit of strategic opportunities. With an unwavering commitment to enhancing the brand's prominence, driving revenue expansion, strengthening company fundamentals, and ultimately fostering long-term shareholder value, the company's sole focus remains on achieving these objectives.
In its update, the company presented a noteworthy array of operational achievements, encompassing recent deal closures, expansion initiatives into new global markets, ventures within the NIL (Name, Image, Likeness) and NCAA domains, and ongoing efforts in new product development.
About DRYWORLD
DRYWORLD is a premium performance sports brand offering innovative, superior quality apparel and gear for the athlete in all of us. We build purpose-driven products that give all athletes the edge. Engineered by athletes, proven by science. For more information, visit dryworldshop.com.
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