NewAge Europe on Record Pace for Growth, Experiencing Tremendous Surge in Brand Partners and Customer Growth and Attendance a...
April 30 2021 - 7:00AM
NewAge, Inc. (Nasdaq: NBEV), the Colorado-based
organic and healthy products company intending to become the
world’s leading social selling and distribution company, today
announced record net revenue growth in Europe, record numbers of
new Brand Partners joining the Company, and record attendance at
their virtual events, with more than 18,000 current and prospective
Brand Partners participating in their most recent outing.
NewAge, Inc. that was formed with the merger of
ARIIX, Morinda, and four other E-commerce companies in November
2020, has been experiencing accelerated organic growth building on
the success of the merger and the excitement associated with it.
NewAge Europe, under the leadership of Region President Cameron
Bott has been experiencing triple-digit organic growth closing out
2020 and has been carrying forward the success into 2021.
Tens of thousands of new Brand Partners have
joined the company just in the past few months in the key Western
European focus markets of France, Italy, Spain, Belgium, and the
UK. Additionally, tens of thousands of new customers have become
recent subscribers to NewAge’s portfolio of healthy products.
NewAge™ recently created high-end online
interactive technology platforms that now enable the Company’s
virtual events to be broadcast real-time across 12 different
languages. NewAge also set a new record with more than 18,000
attendees at the live-streamed events throughout Europe
encompassing 21 countries with a total social media reach of almost
200,000 people.
Cameron Bott, President of Europe commented, “We
are seeing the incredible growth in Europe that we experienced in
2020 now just accelerate in 2021 with all the new Brand Partners
joining us. Our digital and social media marketing and selling
activities are expanding exponentially and having a tremendous
impact on our revenue growth. The pandemic has effected how we
conduct business everywhere, but we have rapidly responded and
adjusted our model and as a result are using the change as an
opportunity and a growth catalyst.”
NewAge recently presented its first ever
combined awards program at the most recent virtual event since
converging the companies. Hundreds of NewAge Brand Partners were
recognized for their achievements and contributions in the
immersive online experience. Using virtual reality and AR, the
event featured many executives on stage via holograms to present
the awards, including Group President Mark Wilson, and CEO Brent
Willis.
About New Age, Inc.NewAge is a
purpose-driven firm intending to become the world’s leading social
selling and distribution company. Colorado-based NewAge
commercializes a portfolio of organic and healthy products
worldwide through primarily a direct route-to-market system. The
company competes in three major category platforms including health
and wellness, inner and outer beauty, and nutrition and weight
control — leading a network of more than 400,000 exclusive
independent distributors and brand partners around the world.
The company operates the websites newage.com,
noninewage.com, ariix.com, mavie.com, thelimucompany.com
and zennoa.com websites.
For investor inquiries about
NewAge, please contact:
NewAge Investor Relations:Riley
TimmerVice President, Investor RelationsTel:
1-801-870-8685Riley_Timmer@NewAge.com
For media inquiries about
NewAge, please contact:
NewAge Public Relations:Mindy
EardleyPR/Communications ManagerTel:
1-801-573-4818Mindy_Eardley@NewAge.com
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