Edition: India  
 
> >

Nuheara continues global retail expansion of unique hearing device

Proactive Investors Friday, 13 October 2017 ()
Nuheara Ltd (ASX:NUH) is continuing the retail expansion of its IQbuds™ hearing device in brick and mortar (B&M) and online stores across the globe. The company’s IQbuds combines the features of a hearing device, a bluetooth earpiece and a noise cancelling headset. In July 2017, Nuheara had 42 stocking B&M retail stores, mainly in the U.S. In the three months since, this has grown to more than 600 stores across North America, Europe and the Middle East. As the company continues to on-board more brands and stores, the current forecast for B&M retail stores selling IQbuds is expected to reach 1800 stores by the end of 2017 calendar year. With 80% of consumer electronics still purchased by consumers in brick and mortar stores, it was imperative that the company gained a physical foothold in these stores. Importantly, this expansion now includes the on-boarding of leading brand retailers such as Harrods, Selfridges, Virgin, Elkjop, Media Markt and Liverpool across Europe, the Middle East and Mexico. The company is also continuing to strengthen its online presence with powerhouses such as Amazon and Best Buy. Nuheara’s shares are trading circa 11% higher intra-day, at $0.063.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

You Might Like


Other recent news in Business

Delta says it did not play a role in Airbus-Bombardier dealDeka Lash, the Experts in Eyelashes announces the opening of a retail STUDIO in Las Vegas
Trump to announce Fed chair decision in 'coming days': WHITE HOUSEActivists set talks with Chevron on MYANMAR rights concerns
This DIWALI, Pay through MobiKwik QR Code and Win GoldCANADA chosen as partner country for 2017 Technology Summit, New Delhi
McDonald's South Korea OFFICE raided in burger probe: reportsBREXIT talks uncertainty factored in to UK rating - S&P Global analyst
Pebble launches 'Dazzle' Bluetooth SPEAKER at Rs2399

Twitter

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2017 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter