Business
DRYWORLD Brands Targets Multi-Sport U.S. Teamwear Supply Market
DRYWORLD Brands Targets Multi-Sport U.S. Teamwear Supply Market.
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[{"type":"text","content":"DRYWORLD Brands Targets Multi-Sport U.S. Teamwear Supply Market Strategic expansion into the $10B U.S. teamwear market aims to drive long-term brand growth and revenue diversificationSANTA BARBARA, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- DRYWORLD Brands Inc. (OTC: IBGR) (the \"Company\"), a leading sportswear and performance brand, today announced its intention to strategically enter the U.S. teamwear supply market. The Company is aiming to launch its premium line of soccer teamwear, with plans to expand into other sports such as football, basketball, hockey, rugby, volleyball, lacrosse, endurance, and more.With a strong history of innovation in sports performance gear, DRYWORLD is set to deliver high-performance, custom-designed products tailored to meet the needs of athletes across a broad spectrum of team sports. The brand’s initiative to expand its offering to the teamwear market reflects its ongoing commitment to providing athletes of all levels with the highest quality apparel and equipment.Over 24 million youth annually participate in organized sports, a substantial segment of the U.S teamwear market, valued at $10 billion annually. Increased investment into school and collegiate athletics has promoted growth amongst youth sports allowing for sportswear and performance brands such as DRYWORLD, to satisfy demand through expanding their product offerings. This provides the potential to drive top-line revenue growth, enhance brand recognition and unlock new partnerships with schools, clubs and professional teams across a wide range of sports.Additionally, professional soccer clubs from around the world have a keen interest in aligning with grassroots soccer clubs in the US to expand their player pool and give their club brand and merchandise access to the US market. With Management setting the tone to enter the Top Flight soccer kit supply deal market in the UK and Europe, there is a great opportunity for strategic partnerships between US and professional soccer clubs that will benefit all parties involved as US clubs will benefit from high-performance training methodology support as well as a pathway for their players to play professionally overseas.“We are incredibly excited for the opportunity to bring our world-class teamwear to the U.S. market. This strategic initiative is not only about expanding our product p...