Direct selling continues to perform strongly in Europe, despite the global economic crisis. Statistics compiled by Seldia and the World Federation of Direct Selling Associations (WFDSA) show a growth in sales in the European Union of 8.1 percent in 2010. Read more.
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.
Tupperware Brands Corporation has once again been recognized as one of the World’s Most Admired Companies by FORTUNE in its annual report on corporate reputations. The global direct selling company was ranked No. 2 in the Home Equipment and Furnishing category, moving up four spots from last year.
Nature’s Sunshine Products, a direct seller of nutritional and personal care products, recently reported its fourth quarter 2011 and full-year 2011 financial results.
When Kay Napier took over as CEO of Arbonne International in August 2009, she discovered that poor business practices had left the company on the verge of debt. Five months later, Arbonne officially declared bankruptcy. But even as the company set about restructuring its infrastructure, Napier focused on instilling confidence in her employees and consultants. How did she do it? Through a well-devised crisis communication plan that had everyone excited for the future.