Archives for July 2013
Shares in Herbalife reached a 52-week high of $66.23 on Tuesday, following Monday’s announcement of double-digit sales growth in the second quarter.
In the 10th annual Internet Retailer Top 500 Guide, Amway North America has once again landed the No. 1 spot in the Online Health & Beauty Sales category.
The world’s largest direct seller of telecommunications, energy and other essential services is now adding merchant services to its product portfolio. American Communication Network (ACN) has announced the launch of its new merchant services program through a partnership with Anovia Payments LLC.
Health and fitness company ViSalus has unveiled a major effort to improve programs and materials geared toward its Hispanic consumers.
Sales in the beauty and personal care industry totaled $68.7 billion in the U.S. and $433.4 billion globally in 2012. According to a Euromonitor International forecast, the U.S. industry will reach $81.7 billion by 2017, with 3 to 4 percent annual growth over the next five years.
As the saying goes, word of mouth is the best form of advertising. After experiencing that truth firsthand, one recent startup turned to direct sales to harness the power of personal promotion.
As new companies bring an innovative approach to direct sales and existing companies evolve, consumers and investors alike are taking note of the industry’s momentum and adaptability to the demands of a digital age.
Following acquisitions of The Longaberger Company and Your Inspiration at Home earlier this year, publicly held CVSL Inc. has signed a letter of intent making Tomboy Tools Inc.
Mannatech has announced plans to transition the entirety of its business into a social entrepreneurship model.
As a result of its annual customer satisfaction survey, J.D. Power and Associates has named Ambit Energy "Highest in Residential Customer Satisfaction with Retail Electric Service in New York.”
Mary Kay in Dallas and Thirty-One Gifts in Columbus, Ohio, have both been crowned local winners in the second annual Social Madness competition.
Shares in Nu Skin rose 19.2 percent yesterday, posting the largest percentage increase of the day at the close of the New York Stock Exchange. The stock started the day up 79 percent since the start of 2013, and its $79.36 closing price marked an all-time high for the company’s shares.