DRYWORLD and G3 Management Announce Strategic Global Partnership to Drive Growth in Sports Apparel Market

Rhea-AI Summary

DRYWORLD Brands Inc. (OTC: IBGR) has formed a strategic global partnership with G3 Management to expand its presence in European and Asian markets. The partnership, formalized through an MOU, will leverage G3's extensive network and expertise in brand development. The growth strategy spans 5 years and consists of two phases: initial market penetration through team sports and retail channels, followed by establishing flagship stores. G3 will establish commercial hubs in Europe, UAE, and Asia to optimize supply chains. The marketing strategy includes digital campaigns on platforms like Instagram, TikTok, and WeChat, along with local event sponsorships and ambassador programs. Led by Adrian Raguza and Carlos Perez, G3 will provide comprehensive services including financial structuring, M&A guidance, and detailed ROI forecasts to drive DRYWORLD's international expansion.

Positive

• Strategic expansion into established European and Asian markets
• Partnership with experienced firm G3 Management bringing expertise in M&A and financial structuring
• Planned establishment of multiple regional logistics hubs to optimize supply chain
• Comprehensive two-phase growth strategy targeting sports teams and retail channels

Negative

• Initial investment costs and operational expenses for international expansion not disclosed
• Revenue targets and specific financial projections not provided
• Execution risks in entering multiple new markets simultaneously

SANTA BARBARA, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- DRYWORLD Brands Inc. (OTC: IBGR) (the ‘Company’), a leading sportswear and performance brand, announced today a strategic global partnership with G3 Management, a leader in strategic consulting and commercial brand development. The two companies have initiated the partnership through a Memorandum of Understanding (MOU), to spearhead DRYWORLD’s expansion into the established markets of Europe and Asia.

G3 will leverage its extensive network across Europe, the Middle East, Asia, and the UK on behalf of DRYWORLD to promote growth for the Company. With a track record in mergers and acquisitions, financial structuring, and equity solutions, G3, led by financial strategist Adrian Raguza and sports development expert Carlos Perez, will implement a multi-channel market entry strategy. The projected 5-year sales growth strategy aims to secure partnerships with top-flight sports teams, select retail leaders, increase penetration into e-commerce platforms within the territories, and establish flagship stores in strategic locations.

This growth initiative, designed to maximize successful implementation, is comprised of two phases. The first phase will focus on market penetration through team sports institutions and retail channels, setting aggressive yet achievable revenue targets for DRYWORLD. The second phase will introduce branded flagship stores, amplifying market presence and brand equity. G3’s marketing objectives will include targeted digital campaigns on Instagram, TikTok, WeChat, local event sponsorships and additions to DRYWORLD’s ambassador program to encourage further brand awareness.

“We are excited to partner with G3 to capitalize on the expanding global sports apparel market,” said Warren Hand, DRYWORLD VP of Partnerships. “With our standout product offering and G3’s acumen, this collaboration aims to increase shareholder value.”

As DRYWORLD’s strategic partner, G3 will develop detailed projections, including initial investment estimates, region-specific operational and marketing costs, and a Return on Investment (ROI) forecast. G3 intends to establish a European commercial hub for the brand, regional logistics centers in the United Arab Emirates (UAE) and a proposed Asian hub will aim to optimize supply chains, enhancing profitability and scalability.

“This partnership with DRYWORLD represents a strategic opportunity to maximize shareholder value,” said Carlos Perez Vivas. “Our data-driven approach and global reach make this a compelling initiative to optimize growth for DRYWORLD in the European and Asian sports markets.”

About G3 Management:
Headquartered in Dubai, G3 Management is a premier firm specializing in strategic consulting, financial restructuring, and sports industry growth, serving clients worldwide.

ABOUT DRYWORLD:
DRYWORLD is a premium performance sports brand offering innovative, superior quality apparel and gear for the athlete in all of us. We build purpose-driven products that give all athletes the edge. Engineered by athletes, proven by science. Visit http://www.dryworldshop.com  

Safe Harbor for Forward-Looking Statements:

This press release contains forward-looking statements and is subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give our current reasonable expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "may," "should," "can have," "likely" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.

The forward-looking statements contained in this press release are based on reasonable assumptions we have made in light of our industry experience, perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance anticipated in the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of these assumptions prove incorrect or change, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements.

Any forward-looking statement made by us in this press release speaks only as of the date of this press release. Factors or events that could cause our actual operating and financial performance to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise.

For more information:
Ashlee Vogenthaler
PCG Advisory
646-343-5805
ashlee@pcgadvisory.com

FAQ

What is the purpose of DRYWORLD's (IBGR) partnership with G3 Management?

The partnership aims to expand DRYWORLD's presence in European and Asian markets through a 5-year growth strategy, focusing on team sports partnerships, retail channels, and establishing flagship stores.

What are the two phases of DRYWORLD's (IBGR) expansion strategy?

Phase 1 focuses on market penetration through team sports institutions and retail channels, while Phase 2 involves introducing branded flagship stores to amplify market presence and brand equity.

Where will DRYWORLD (IBGR) establish its logistics hubs?

DRYWORLD plans to establish a European commercial hub, regional logistics centers in the UAE, and a proposed Asian hub to optimize supply chains.

What marketing strategies will DRYWORLD (IBGR) implement in its global expansion?

The marketing strategy includes targeted digital campaigns on Instagram, TikTok, and WeChat, local event sponsorships, and expanding their ambassador program for increased brand awareness.

Who are the key leaders involved in the G3 Management partnership with DRYWORLD (IBGR)?

The partnership is led by G3's financial strategist Adrian Raguza and sports development expert Carlos Perez, along with DRYWORLD's VP of Partnerships Warren Hand.