Archives for February 2014
The industry’s top revenue-generating company for 2012 has announced another year of record sales. Amway reported its seventh consecutive year of growth with annual sales of $11.8 billion for 2013, up from $11.3 billion the previous year.
Nu Skin’s China business recently came under the scrutiny of state regulators as a result of a Jan. 15 article from China’s People’s Daily criticizing the company’s practices. China’s State Administration for Industry and Commerce said it would investigate the company’s operations, prompting a 33 percent decline in Nu Skin shares over the following two days.
In this month’s Executive Connection, Direct Selling News Publisher and Editor in Chief John Fleming speaks with Gregory L. Probert, Chairman of the Board and CEO of Nature’s Sunshine Products, about leadership, empowerment and transforming lives.
Home fragrance and décor company PartyLite recently announced its collaboration with potter, designer and author Jonathan Adler. Adler is teaming up with PartyLite to produce an exclusive line of candles, fragrances and home décor.
Achieving potential. That’s what Nature’s Sunshine Products is all about—optimal health for the consumers of its products and robust businesses for its distributors. Now it aims to power up its growth.
Optimistic is the word that comes to mind as we now anticipate collecting information from many companies, which will lead us once again to the identification of the DSN Global 100.
In some respects, there has been an unprecedented amount of attention focused on direct selling by media and the financial community lately.
It’s been almost a year since Bill Ackman announced his short position on Herbalife (HLF—NYSE). With much media fanfare, he gave a 300+ slide presentation explaining the validity of his thesis.
Herbalife Ltd., Primerica Inc., Crius Energy Trust, LifeVantage Corp., Natural Health Trends Corp., ForeverGreen Worldwide Corp., Medifast Inc., Educational Development Corp.
Avon Products Inc., Herbalife Ltd., Viridian Energy, Regal Ware Inc., Organo Gold, Vidacup International, Empower Network, Univera Inc.
When Verdis Norton retired at 57, he had held high-level executive positions at multiple iconic food companies, most recently as Vice President of Strategy at Kraft Foods. He had created enough wealth and success that he would never need to work again.
Many suppliers know that they have so much more to offer to companies who are willing to think outside traditional supplier definitions.