Archives for August 2012
Inc. magazine has announced its 31st annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
Direct sellers Avon, Mary Kay, Oriflame, Natura and Nu Skin are among the companies noted in a new report that suggests direct selling could be the key to riding out the recession in Europe.
Natura Cosmeticos SA, Latin America's largest cosmetics company and the No. 4 direct seller in the world according to the DSN 2011 Global 100, was one of several retailers in Brazil to see increases in retail sales during an unexpected jump in June.
In early May, Herbalife, the No. 3 direct seller in the world according to DSN's 2011 Global 100 list, saw its share price plunge over 35 percent (to as low as $45.55 from high volume trading) when hedge fund manager David Einhorn posed questions regarding reporting of the purchase and use of products and services by salespeople.
With the school year about to begin, Plano, Texas-based AdvoCare is stepping up its support of Operation Homefront, an organization that provides emergency financial and other assistance to families of service members and wounded warriors.
A recent interview with Australia-based ANZ Bank Chief Economist Paul Gruenwald signaled good news for direct selling companies doing business in The Philippines: the country's economy is in a sweet spot, and the future outlook is favorable.
Shares of Greenwich, Conn.-based Blyth Inc. soared more than 20 percent to a four-year high today after the company announced plans to spin off ViSalus, its weight-loss, energy drink and nutritional supplements business through an initial public offering of stock worth up to $175 million.
The Direct Selling Association (DSA) has added a new initiative for 2012: support of political candidates.
Over the past few weeks, the London Olympics have showcased the individual and team achievements of the greatest athletes in the world.
LR Health & Beauty Systems GmbH, Germany's leading direct seller of cosmetics, body care, dietary supplements and jewelry, today reported growth of over 5 percent for the first half of 2012.
Blyth, Inc., parent company of direct sellers ViSalus and PartyLite, saw second-quarter 2012 revenue jump 70 percent due to the strength of ViSalus' weight-loss and nutritional supplement business.
Scentsy, the Meridian, Idaho-based international party-plan company, has launched another new brand and business to join the Scentsy family.