Direct Selling News, the dedicated trade publication for the direct selling channel, will announce the DSN Global 100 ranking of the world’s largest direct selling companies at its Celebration event to be held tomorrow, April 24. This is the tenth year the magazine has recognized companies that offer unparalleled opportunity for individuals to start their own businesses. DSN created the […]
Direct selling has always been the original people business. Measuring field engagement is critical to any company’s success, but the field is only part of the people equation. Who makes up the backbone of this channel when it comes to engaging the sales field, fulfilling orders, planning events, manufacturing products and all of those other […]
Youngevity International, Inc. (YGYI) announced that it completed the closing of the acquisition of all the assets of Khrysos Global. This acquisition of the Tampa, Florida based manufacturer of hemp-based CBD extraction equipment is expected to establish YGYI ‘s newly formed, wholly owned subsidiary, Khrysos Industries, Inc., as a global player in the field-to-finish hemp-CBD oil, isolate and […]
Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive […]
Natural Health Trends Corp. (NASDAQ: NHTC), a direct-selling and e-commerce company that markets under the NHT Global brand, recently announced its financial results for 2018. For the fourth quarter ending December 31, 2018, total revenue was $41.6 million, decrease of 10 percent compared to $46.1 million in the fourth quarter of 2017, and a decrease of […]
WorldVentures recently announced that it has recently opened in the Philippines. “Thanks to our leadership team, we can offer more people around the world the opportunity to live with purpose and take advantage of a membership built on unforgettable experiences,” CEO of WorldVentures Josh Paine said. “As we expand into new markets, we continue to develop our […]
Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth-quarter and 2018 financial results. Revenue for the fourth quarter ending December 31, 2018 was $693.3 million, up 3 percent from the fourth quarter of 2017. “We delivered another strong quarter despite a challenging comparison from the $130 million LumiSpa introduction in the prior year,” said Ritch Wood, […]
Las Vegas-based MyDailyChoice/Hempworx recently announced that Kathleen Earle has been appointed chief operating officer. In her new role, Earle will be responsible for building the processes and structure to support the growth of founders Josh and Jenna Zwagil, including a new home office. Earle is a 25-year veteran of the network marketing industry. She was […]
Hendrick Motorsports recently announced that the team has aligned with health and wellness company AdvoCare as its official nutrition partner through the 2020 season. AdvoCare’s suite of nutritional and sports performance products will be used by HMS’s pit crews and teams in the NASCAR Cup series. The company’s products will be used in the team’s […]
Retailers using a business model similar to Tupperware parties or Avon’s door-to-door selling are expected to see strong growth in the UK this year. According to a story in the Retail Gazette, an independently sourced news organization covering the UK’s diverse retail industry, the UK Direct Selling Association (DSA) said it expected to see strong growth within the […]
Amway announced sales of $8.8 billion for the year ending December 31, 2018, a 2 percent increase over 2017 sales numbers. The company said growth was broad-based across many of its top markets including China, the U.S., Thailand and India. “Amway’s growth in sales is a result of our sharp focus on the experience Amway […]
The New York Stock Exchange recently welcomed Avon Products Inc. (NYSE: AVP) to celebrate more than 130 years of championing economic empowerment for women around the world. Avon CEO Jan Zijderveld was invited to ring the closing bell. He was joined by several Avon executives and guests. The 133-year-old Avon was founded in 1886 by […]
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