NetworkNewsBreaks – Sharing Services Global Corp
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Sharing Services Global (OTCQB: SHRG), a diversified holding company specializing in the health and wellness direct-selling industry, was featured in a recent Transformation Capital industry report (https://nnw.fm/XhXSO). In the report, the investment banking and business development firm highlights SHRG as one of the fastest-growing small-cap companies in the direct-selling space, noting its top performance among all stocks in the index’s tracking set. An article discussing this outlines Transformation Capital’s projections for the industry to continue to perform, leveraging the momentum built since the beginning of 2020 to drive the sector to a new potential record-breaking year. “From a broad perspective, we believe that the direct-selling industry, as a whole, is experiencing a renaissance within the domestic market,” Transformation Capital CEO Stuart Johnson stated in the report. “Domestic direct-selling revenues have been flat to slightly down since reaching an all-time high of more than $36 billion in 2016. It is our belief that 2020 sales will reach, and likely exceed, that record figure.”
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