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July 01, 2017

News in Brief

News in Brief, July 2017


Mary Kay: 25 Years of Celebrating Great Minds

Mary Kay Inc., in partnership with the Academy of Marketing Science (AMS), is celebrating 25 years of supporting great minds through the AMS Mary Kay Doctoral Dissertation Award.

Each year, the iconic Dallas, Texas-based beauty company has presented the AMS Mary Kay Doctoral Dissertation Award to doctoral candidates in marketing who have defended their dissertation proposals. At this year’s AMS Annual Conference, held at Hotel del Coronado in Coronado Island, California, Anita Pansari from Georgia State University was awarded the AMS Mary Kay Doctoral Dissertation Award. Jeeweon Brianna Choi from Michigan State University was awarded the AMS Mary Kay Doctoral Dissertation Proposal Award.

“By providing mentorship, networking opportunities with our top executives and monetary awards, we hope to inspire great minds in the academic world,” said Kerry Tassopoulos, Mary Kay Vice President of Public Affairs.

The Academy of Marketing Science is a non-profit, international, scholarly, professional organization.


4 Direct Sellers Make Forbes’ List of Best Midsize Employers

Four direct selling companies—doTERRA, New Avon, Herbalife and Nu Skin Enterprises—made Forbes’ 2017 list of the Best Midsize Employers in America. The annual list, conducted with the help of statistics database and consumer research firm Statista, recognizes companies operating in the U.S. with between 1,000 and 5,000 workers that are the best at making their employees feel happy, inspired and well-compensated.

Pleasant Grove, Utah-based doTERRA, which has 1,650 employees, placed highest in the list among direct sellers at No. 71. New Avon, with 2,100 employees, was No. 246; Herbalife, with 2,300 employees, was No. 263; and Nu Skin, with 4,800 employees, was No. 273.

Statista surveyed 30,000 employees anonymously through several online panels. According to the survey results, atmosphere at work and pride in service or products the company provided were the most profound factors that drove employer recommendations of their companies to others (25percent), followed by salary (16 percent).

The company placing No. 1 on the 2017 Best Midsize Employers List is Lush, a retail cosmetics and personal care products company headquartered in Poole, U.K.


New LegalShield Law Index Data Helps Reveal Economic Trends

LegalShield, a provider of legal services, recently launched the LegalShield Law Index, which provides a forward-looking snapshot of the economic and financial status of U.S. households and small businesses.

The Index is made up of five indices, including the LegalShield Consumer Financial Stress Index, LegalShield Housing Activity Index, LegalShield Bankruptcy Index, LegalShield Foreclosure Index and the LegalShield Real Estate Index.

“The LegalShield Law Index is generated from actual consumer and business demand for various legal services provided by our closed panel of dedicated law firms covering all 50 states,” said James Rosseau, LegalShield’s Chief Commercial Officer. “Our index predicts economic activity that represents more than 70 percent of the Gross Domestic Product of the United States.”

A few takeaways from the first public release in May:

  • Consumer confidence may continue to ease in the months ahead, but will likely remain strong by historical standards.
  • Housing starts, which have risen at a stubbornly slow pace since 2012 and remain well below pre-recession levels, should continue to improve slowly in the months ahead.
  • Bankruptcy filings should remain subdued in the near term. However, elevated levels of household debt are worth keeping an eye on, as they could lead to upward pressure on bankruptcy filings in the future.
  • Foreclosures should remain subdued in the short term, but may begin to rise in the second half of the year.
  • Existing home sales should continue to improve slowly in the months ahead. LegalShield will release the Index monthly.

USANA Makes Global Impact During Inaugural World Service Week

The USANA True Health Foundation (THF) celebrated its first-ever World Service Week during the week of May 20–27. Throughout the week, USANA Associates, employees and their families, as well as the general public, volunteered thousands of hours of service.

“We are thrilled at the response we received from our entire USANA family throughout the globe during our very first World Service Week,” said Brian Paul, THF’s Executive Director of Communications. “The impact we were able to make in just seven short days of service is truly remarkable.”

During World Service Week, THF traveled with nearly 20 USANA Associates to Uganda, where they spent six days serving those living in villages and inner-cities near the Kampala region. While in Uganda, participants painted a local school, volunteered at the Wentz Medical Center as well as donated food and other service and aid to those in need.

USANA employees around the globe served their local communities during World Service Week, including: collecting food and serving meals to those in need; donating blankets to hospitals; collecting toys, clothes and books for children; providing food and hygiene products to nursing homes; caring for animals in need of adoption; participating in shore clean-ups and donating blood to the Red Cross.

The USANA True Health Foundation is in 20 countries around the world. Since 2012, THF has donated $12.1 million and 15.1 million meals.


Direct Selling Expansions in the Second Quarter:

NEW FACILITIES

  • Amway North America California Business Center
  • LR Health & Beauty, ground-breaking, aloe vera production site, Ahlen, Germany
  • Young Living, ground-breaking, New Headquarters in Lehi, Utah

NEW MARKETS

  • Isagenix International, U.K.
  • Nerium International, New Zealand
  • WorldVentures, Amsterdam
  • Park Lane Jewelry, Puerto Rico