Business
Herborium Group enters $300 billion plus mobile sales market;
Herborium Group enters $300 billion plus mobile sales market;.
About this update from Herborium Group, Inc.
[{"type":"text","content":"\nFort Lee, New Jersey, Aug. 21, 2014 (GLOBE NEWSWIRE) -- Herborium® Group, Inc.\n(OTC Pink: HBRM),\n www.Herborium.com, a\nBotanical Therapeutics® Company and the provider of unique\nall  botanical medicinal products  (Botanical\nTherapeutics®) that target dermatological problems such as acne,\nand other health  and wellness concerns in the areas of sexual\nperformance as well as energy  depletion and stress,  has\nsuccessfully deployed a responsive design e-commerce infrastructure\nand joined $300 billion plus mobile market.During first two months of new system operation Herborium mobile\nsales grew 25%.  Since Herborium sales for the first seven\nmonths of 2014 has surpassed the sales realized in the entire year\nof 2013this rapid growth reaffirms the present run rate for\nAcnEase® sales for 2014 to exceed $1 million.The mobile sales is  growing rapidly worldwide and online\nretail sales in the USA will grow from $225.5 billion in 2012 to\n$434.2 billion in 2017, according to eMarketer Forrester Research\nand the web will account for 11% of U.S. retail sales in 2018.In addition, Herborium's novel all botanical acne treatment -\nAcnEase® continues its rapid growth in French market and the\nCompany hired a French marketing and sales representative  to\nmonetize the growing interest in a product by both e- commerce and\ntraditional channels.Herborium remains very optimistic about growing its business,\nsales and product awareness driven by the steady growth of the\nAcnEase® brand as well as advanced preparation to commercialize its\nnew products: Lasting\nPleasure® and\nLasting Power® later\nthis year.The Company continues its efforts to decrease costs and to\nretire debt, thus increasing the Company's ability to secure\noutside funding with reasonable commercial terms. There is rising interest in Botanical Therapeutics® among\nconsumers as well as the financial and medical communities that\nwill serve as a solid foundation for the company's promising\nfuture.        \n About Herborium Group, Inc.Herborium Group,\nInc., a botanical therapeutics® company that develops, license and\nmarkets proprietary, botanical based medicinal products to\nconsumers and healthcare professionals. The Company ...