Reviv3 Procare Company (OTCMKTS:RVIV): Here Are Latest News & Developments
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The e-commerce sector is growing at a breakneck pace and it is expected to grow in the coming years as well. More importantly, the whole industry is no longer geared to a few players and there are many companies that may pique the interest of investors. One such company is Reviv3 Procare Company (OTCMKTS:RVIV) which is an emerging leader in the worldwide consumer products e-commerce space. The company is best known for marketing its Reviv3 Procare branded premium skincare and hair care products directly to consumers. Additionally, the company is also well-known for its hearing enhancement and protection products like ear buds, ear plugs, and ear muffs, which are sold under the AXIL brand. The products from Reviv3 Procare Company are sold across the United States, European Union, Canada, and Asia. It is clear to see that the company commands a massive footprint with regard to market size. For a company that is involved with the manufacturing and marketing of consumers' products, it is vitally important for Reviv3 Procare Company to have access to wide distribution channels. Last week on March 17 the company was in the news that it went into an agreement for its AXIL-branded hearing enhancement and protection products with MEVI EVONCONST SRL. The distribution agreement in question is for exclusive distribution rights for the Romanian market. The director of innovation at the company Weston Harris spoke about the development as well. He noted that there has been a consistent rise in demand for the company’s hearing products across Europe. He went on to add that the expanding international distribution network that the company was putting in place was going to make a positive impact on its revenues and the earnings profile in the upcoming year and farther beyond. The new distribution network is going to include the distribution of products like GS Digital, AXIL GS Extreme 2.0, Trackr advanced hearing protection solutions, and also some of the products which are still in the pipeline. The company has been working on strengthening its distribution network for its AXIL branded products for quite some time and earlier on in the year in February it made an announcement about another distribution agreement. Back on February 28, the company announced that it had gone into an exclusive agreement with the firm Beretta Holdings SA for the purpose of distributing AXIL hearing protection and enhancement products in Australia. Australia could prove to be one of the more lucrative markets for Reviv3 Procare Company and the announcement was a significant one. It was another major milestone for Reviv3 Procare Company as it continued to strive for global expansion at an impressive pace. The Chief Executive Officer of the company Jeff Toghraie said the same and noted that everyone at the company was thrilled at the fact that Beretta Holdings had been roped in as a distribution partner. AXIL has emerged as a hi-tech audio and hearing innovations brand in recent times and Reviv3 Procare Company is making efforts to take the products to the world. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. 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March 21, 2023 05:24 PM Eastern Daylight Time