The following contains the ranking for the 2011 DSN Global 100, our annual list of the top revenue-generating direct selling companies in the world. The list will be published in the June issue of Direct Selling News.
Long-time Johnson & Johnson executive Sheri S. McCoy will have a new title come April 23: CEO of Avon Products, Inc.
The Direct Selling Association (DSA) announced today that it will bestow the industry’s highest honor—induction into the Hall of Fame—to Dick and Doug DeVos of Amway Corporation.
Avon Products, Inc. saw its shares rise to $23.10 in morning trade today, a 19 percent increase since last Friday’s unsolicited cash proposal from Coty Inc. to acquire the New-York based cosmetics giant for $10 billion in cash.
ViSalus, the California-based direct seller behind the successful Body by Vi™ 90-Day Challenge, recently launched Vi-Net Swipe, a technological innovation that allows its sales force to enhance customer experience through a quick, safe and secure mobile network.
Silpada recently added a sterling addition to its executive team. Tom Kelly, the longtime Avon executive, joined the Kansas-based home party company as its new President and COO. He will work with Chairman and CEO Jerry Kelly and Co-Founders Bonnie Kelly and Teresa Walsh in leading Silpada through the next phases of its growth.
Medifast, Inc., a leading manufacturer and provider of weight-loss programs, recently released financial results for the fourth quarter and fiscal year ended December 31, 2011.
Herbalife announced on Mar. 16 a record 10-year extension to their existing agreement with the 2011 MLS Cup-Champion LA Galaxy that will see the global nutrition company continue as the official presenting sponsor and jersey sponsor of the Galaxy. The extension, valued at over $44 million, will run through the 2022 MLS season.
Nu Skin President and CEO Truman Hunt was recently honored as a CEO of the Year by Utah Business magazine.
Dallas, Texas-based Mary Kay announced that the company is setting a goal of 1 million hours of community service in honor of International Women’s Day, which was commemorated on March 8.