Capsalus Corp. (OTCBB:WELL) has completed the acquisition of the stock of GeneWize Life Sciences, Inc., the wholly owned direct-selling subsidiary of GeneLink Biosciences, Inc. (OTCBB:GNLK), a leader in consumer genomics. The deal will provide immediate revenues.
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DSN utilizes several sources to compile our annual Global 100 list, including financial sources, professional researchers, personal interviews, media articles, quotes by company executives, corporate websites, annual reports and other industry sources, such as self-reported data from company CEOs and CFOs.
The Wall Street Journal is reporting that Avon has approached Mindy Grossman, CEO of HSN, Inc., to replace Andrea Jung as Avon’s CEO.
Five of the direct selling industry’s top public companies—Avon, Primerica, USANA, Nu Skin and Tupperware—recently released financial results for the fourth quarter 2011 and year-ending 2011.
Euromonitor International, a world leader in strategy research for consumer markets, recently reported global online retail sales were up in 2011.
Scentsy, Inc., the international party-plan company based in Meridian, Idaho, recently introduced a new brand—Velata.
Visalus continues their growth streak with the Body by Vi™ Challenge leading the way. ViSalus’s sales grew from $34 million in 2010 to $231 million in 2011.
Investors.com released its list of Top 100 Performing Stocks in 2011. Among such well-known companies as MasterCard, Dominos Pizza, Elizabeth Arden and Dish Network, the list included direct sellers Blyth Industries Inc. (# 41), Nu Skin Enterprises (#51), Herbalife (#84) and Kirby (#90).
As Andrea Jung steps into the new role of Executive Chairwoman, searching for a new CEO becomes top priority for Avon.
During the month of January we will complete the migration to our redesigned website that showcases our current monthly magazine along with easy access to previous issues.











