Connect with us

Business

NewAge Inc. (NASDAQ:NBEV) Expanding Its Operations In Europe As Lucim™ Gets Recognition As A Safe Skincare Product

Published

on

NewAge Inc. (NASDAQ:NBEV) announced a record net revenue increase in Europe, record attendance at its virtual events, and record numbers of new Brand Partners. 

NewAge is growing its revenue and number of brand partners. 

The company formed following a merger with Morinda, ARIIX, and other e-commerce companies in November last year. NewAge has been accelerating growth and building on the success and excitement associated with the merger. Under Region President Cameron Bott’s leadership, NewAge Europe has experienced triple-digit organic growth since last year and has carried that to this year. 

In recent months, several Brand partners have joined NewAge in the Western European region focusing on Italy, UK, Belgium, France, and Spain.  Similarly, several customers have subscribed to its healthy products portfolio. NewAge™ created quality online interactive tech platforms that will enable broadcasting its virtual events in 12 languages. There were over 18,000 people who live-streamed NewAge’s events across Europe, with a social media reach of 200,000 people. 

Direct Selling News has recognized the company as a revenue-generating business, ranking it at No. 29 on the DSN Global 100 Top revenue-generating companies list. The 2021 DNS list will feature in the June Direct Selling News magazine issue, and it recognizes the direct selling industry’s impact in social and economic realms. 

Lucim™ recognized as a safe skincare line.

Good Face Project (GFP) has recognized the company’s Lucim™ skincare line for its unique quality and safety. GFP is among the most trusted resource globally for fact-checking unsafe and toxic ingredients in makeup, skincare, and baby products. Most importantly, Good face uses modern sciences and combines them with AI to analyze product formulations with the most up-to-date scientific research. 

NewAge Chief Product Officer Deanna Latson said that it rare to have skincare product lines receiving GFP seal of approval, and they are delighted to have received such recognition. Latson said that savvy consumers are looking for trusted sources for clean beauty without compromising product efficacy. Most importantly, GFP offers transparency between brands and customers, and thus customers knowing Lucim™ is a quality product is a great news. 

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

FEATURED STORIES

Business2 days ago

THC Biomed Intl Ltd (OTCMKTS: THCBF) Amends its Health Canada Licence to Include Three Strata Units at its Acland Road Location

Post Views: 5 It took only a year for THC Biomed Intl Ltd (OTCMKTS: THCBF) to obtain a rare license...

Business3 days ago

Tetra Bio-Pharma Inc. (OTCMKTS: TBPMF) Obtains an Approval of the Proposed Protocol Modifications to Accelerate the REBORN Study

Post Views: 37 Clinical trials are an essential component of any drug discovery and development program. Innovative research initiatives are...

Business3 days ago

The Appointment of Philip Goldberg, Formerly of Green Leaf Medical, to the Board of Directors of Columbia Care Inc. (OTCMKTS: CCHWF)

Post Views: 6 The growing acceptance and recognition of marijuana for its medical purposes has made an impact on cannabis...

Business3 days ago

Surna Inc, (OTCMKTS: SRNA) Expands its Line of Curated HVACD Family Products with the Introduction of EnviroPro™ Air Handler

Post Views: 6 The cultivation of cannabis comes with a myriad of challenges. Designing cultivation facilities and deploying the systems...

Business3 days ago

Mydecine Innovations Group Inc. (OTCMKTS: MYCOF) Supports the Launch of Version 2.0, a Digital Health Platform by its Subsidiary Mindleap Health

Post Views: 3 The COVID 19 pandemic took the world by storm and has left hundreds of thousands of people...

INDUSTRIAL HEMP3 days ago

HempMeds Latin American Operations, a subsidiary of Medical Marijuana, Inc. (OTCMKTS: MJNA), Announces a 12% Revenue Increase in June 2021 Compared to June 2020

Post Views: 18 What comes to mind when you hear the words, “Medical marijuana?” It is seemingly regarded as the...