Archives for May 2018
The speed of technological disruption is accelerating. Consider this: It took about 80 years for Americans to adopt the dishwasher. The consumer internet has become commonplace in less than a decade. Technology will continue to disrupt the way we work and the way we engage with employees and consumers. In the coming year, expect more […]
Last Friday, hedge fund manager Carl Icahn significantly reduced his stake in Herbalife Ltd., causing shares in the Los Angeles-based nutritional company to plunge 9.6 percent. According to a securities filing, Icahn’s fund, Icahn Enterprises (IEP) said it was tendering up to 11.4 million of Herbalife shares, making an approximate 25 percent divestiture of the […]
On May 25, the strict new data privacy law in the European Union that limits what information can be collected about people online, known as the General Data Protection Regulation (GDPR), took effect. Europe’s new privacy measures allow people to limit the information they leave behind when browsing social media, reading the news or shopping online. Businesses […]
Salt Lake City-based USANA, a cellular nutrition company, has a positive reputation in the nutritional industry due to its commitment to strong, reliable science. To further solidify that foundation, the company has created a new, centralized plan on the design and management of product-related, preclinical and clinical studies. These new processes will be put in […]
Photo: The former headquarters of The Longaberger Co., in Newark, Ohio. According to a recent article in The Columbus Dispatch, the leaders of JRJR Networks, the parent of basket-making company Longaberger Co., have been ordered to appear in court in Columbus, Ohio, regarding money they were lent by Tami Longaberger, the former company executive of […]
Los Angeles, California-based Herbalife Nutrition has renewed its multi-year sponsorship with international soccer star, Cristiano Ronaldo, extending their relationship that first began in 2013 to 2021. Through the sponsorship, Herbalife Nutrition will maintain the exclusive rights to promote Ronaldo in connection with the nutrition, wellness and sports performance products category. “Cristiano is in a league of his own as one […]
Chandler, Arizona-based Gold Canyon International, a direct seller of specialty fragranced products and styled accessories, has expanded its executive management team. Danyell Browne has joined the company as vice president of marketing and Kim Geringer has been appointed vice president of events and recognition. Browne has 15 years of experience in the direct selling channel, […]
Dallas, Texas-based Mary Kay Inc., one of the world’s leading cosmetic brands, has launched a new approach to confront premature skin aging with the introduction of its most powerful free-radical skin regimen defense ever, TimeWise® Miracle Set 3D™. Powered by exclusive, patent-pending technology, the new skincare line is the largest product launch in company history. […]
Flower Mound, Texas-based Mannatech Inc., a global health and wellness company, recently introduced its three-in-one performance drink mix, EMPACT+. The major elements of fueling, hydration and recovery will be combined into a single fitness product. “Sports and exercise supplementation has become increasingly sophisticated,” said Mannatech Chief Operating and Marketing Officer Joel Bikman. “Until now, athletes had a product […]
Sandy, Utah-based LifeVantage Corporation recently announced financial results for its third quarter ended March 31, 2018. The company reported revenue of $50.6 million, a 12.3 percent increase year over year as compared to $45.0 million in the third quarter of fiscal 2017. Revenue in the Americas increased 10.6 percent and revenue in Asia/Pacific & Europe increased 18.0 percent, including a 10.1 percent increase in Japan, both on a […]
Stemtech, a global seller of nutritional products based in Pembroke Pines, Florida, has teamed up with new investment partners who will add significant value to the company in the areas of finance, product development and global strategic planning. Ray Carter, a director of many of the Stemtech sister companies around the world, said he views this as a major positive […]
Modere, a Springville, Utah-based direct seller of beauty and personal care, health and wellness, and household products, has appointed Shane Ware as the company’s new chief financial officer. Ware has served with the company for 10 years in various roles of progressive responsibility, and brings an intimate knowledge of the Modere brand, as well as […]
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