ToughBuilt Industries Expands European Distribution In France And Spain
Portfolio Pulse from Happy Mohamed
ToughBuilt Industries, Inc. (NASDAQ:TBLT) has announced its expansion into the European Union through partnerships with French retailer La Platforme Du Batiment and Prolians. This move will provide access to ToughBuilt products to a potential 600,000+ customers across both retail groups in France and Spain. The expansion includes representation in more than 290 storefronts across the two countries.
August 08, 2023 | 12:49 pm
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ToughBuilt Industries' expansion into the European Union through partnerships with major retail groups in France and Spain is expected to increase its customer base and revenue streams.
The expansion of ToughBuilt Industries into the European Union through partnerships with major retail groups in France and Spain is a significant move. This will not only increase the company's customer base but also open up new revenue streams. Given the size of the potential customer base (600,000+), this could have a positive impact on the company's revenues and, consequently, its stock price in the short term.
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