Amway, the largest direct selling company in the world, has released its annual findings on the state of entrepreneurship worldwide. The 2018 Amway Global Entrepreneurship Report (AGER) was conducted by Amway in partnership with Dr. Isabell M. Welpe, a professor and the chair of strategy and organization in the School of Management at the Technical […]
Nu Skin Enterprises Inc., a Provo, Utah-based seller of cosmetics, personal care and wellness products, has reported fourth-quarter and 2017 financial results. For the fourth quarter ended December 31, 2017, the company reported revenue of $666.2 million, an increase of 25.4 percent from $531.3 million in 2016. “We concluded 2017 on a high note with […]
Natural Health Trends Corp., a Rolling Hills Estates, California-based company that markets personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, total revenue of $46.1 million decreased 26 percent compared to $62.3 […]
Avon Products, Inc., a London-based globally recognized leader in direct selling of beauty and related products, has reported results for the fourth quarter and fiscal year ended December 31, 2017. For the fourth quarter of 2017, total revenue was relatively unchanged at $1.6 billion. Active Representatives and Ending Representatives declined 2 percent and were relatively unchanged, respectively. […]
LifeVantage Corp., a Sandy, Utah-based health and wellness company, reported financial results for its second quarter ended December 31, 2017. For the quarter, revenue increased 1.1 percent to $49.5 million year-over-year and 0.7 percent sequentially. “We continue to execute on our key initiatives for fiscal 2018 and generated both year-over-year and sequential revenue growth during the second quarter,” stated LifeVantage President […]
USANA Health Sciences Inc., a Salt Lake City, Utah-based cellular nutrition company, has reported financial results for its fiscal fourth quarter and full-year ended December 30, 2017. For the fourth quarter of 2017, net sales were $273.1 million compared with $252.9 million in the prior-year period, or an 8.0 percent increase year-over-year. The weakening of the U.S. dollar positively impacted net […]
Orlando, Florida-based Tupperware Brands Corp. has reported operating results for the fourth quarter 2017. Net sales were $588.6 million, down 2 percent (4 percent local currency). On a comparable basis, adjusting for the impacts of the 53rd week in 2016 and the closure of BeautiControl, local currency sales were estimated to be up 3 percent. Emerging […]
The “Amazon Effect,” the disruption of the retail market by the online giant, made many in the direct selling channel take notice regarding their e-commerce and customer service practices. Now Amazon’s purchase of eco-minded natural grocer Whole Foods is helping it to become a formidable challenger in another area that has typically been strong in […]
Greater consumer knowledge can generate growth opportunities for all businesses.