Archives for March 2014
In the midst of a $375 million manufacturing and R&D expansion, Amway has broken ground on a new NUTRILITE™ manufacturing facility in Binh Duong, Vietnam. The company says it will complete construction on the $25 million facility in 2015.
Primerica Inc., a financial services company founded in Atlanta in 1977, has been recognized among the best workplaces in Georgia by the Atlanta Journal-Constitution. Based upon employee feedback, Primerica received the highest ranking of any public company, landing the No. 18 spot just ahead of mobile giant Sprint.
Yahoo! Finance recently sat down with Origami Owl Founder Bella Weems and CEO Robin Crossman. Weems, an Arizona teen who is now a senior in high school, says she plans to grow the social selling jewelry business for many years to come.
Dallas-based Mannatech Inc. has temporarily suspended its international operations in Ukraine, citing the “current political turmoil” and “ongoing instability” in the region.
Fast-growing Nerium International recently welcomed industry veteran Jeffrey Dahl to its executive suite, naming him Co-CEO alongside Founder Jeff Olson and tasking him with building an international team and launching new markets.
A less-than-booming job market and rising childcare costs have created a considerable barrier to parents, particularly mothers, seeking employment opportunities. According to Paula Gorry, UK Business Development Manager for Stampin’ Up!, it’s a challenge direct selling uniquely equips parents to overcome.
Herbalife will name three Icahn nominees to its board of directors during its annual shareholder meeting in April. Activist investor Carl Icahn is the nutrition company’s largest stakeholder with a 16.8 percent share in Herbalife.
Shares in Nu Skin surged 18 percent on Monday following the company’s update on regulatory reviews of its China business. Following two months of uncertainty, Nu Skin’s stock price jumped in response to the relatively light action taken by China’s State Administration of Industry and Commerce (SAIC).
The DSN Global 100 Celebration is just around the corner, and with it comes the 2014 ranking of the top 100 revenue-generating companies in direct selling. As April 23 approaches, we are compiling information and comparing numbers from across the industry. The following is a round-up of the latest publicly held companies to announce year-end results.
Today is World Water Day, an opportunity to focus on a critical resources and promote sustainable practices in the realm of water and energy. We are commemorating the day with a look at the impressive conservation efforts going on behind the scenes at Mary Kay.
This season, fans of IndyCar racing and the famed Indianapolis 500 will see a new name on the track. LegalShield, a provider of legal safeguards for individuals, families and small businesses, has joined the Bryan Herta Autosport (BHA) and Bowen & Bowers Motorsports (BBM) team sponsoring Jack Hawksworth’s No. 98 Honda.
The Horatio Alger Association of Distinguished Americans has named Blyth Founder Robert Goergen to its prestigious Class of 2014. Goergen, who currently serves as Executive Chairman of the Board, joins 11 other business and civic leaders recognized for their “courage, resilience and commitment to higher education.”