Archives for August 2018
According to the recently released “Global Dietary Supplements Market – Growth, Trends, and Forecast (2018-2023)” report by ResearchAndMarkets.com, the global dietary supplements market was valued at $96 billion in 2017, and it is expected to grow at a CAGR of 6.9 percent during the forecast period. The dietary supplements market is primarily driven by the paradigm shift toward […]
Chula Vista, Calif.-based Youngevity International, a leading omni-direct lifestyle company, recently announced it will enter the CBD market with a proprietary line of hemp-derived CBD oil products. Youngevity has taken a measured approach to entering the CBD market after ensuring that a credible amount of research had been conducted to support concrete health benefits. Hemp (CBD) […]
Three direct selling companies—ARIIX, USANA and Xyngular—were recognized Friday during a celebration of Utah Business Magazine’s Fast 50 list, an annual ranking that acknowledges companies for their entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth. ARIIX, the Bountiful, Utah-based international wellness company, came in at No. 11 on the list. The company recently announced it is opening […]
The Salt Lake City area is home to several highly successful direct selling companies. Now, a new report by LendingTree®, the nation’s leading online loan marketplace, says the Utah capital is also the No. 1 city when it comes to young entrepreneurs. The study compared ages of business founders on their companies’ dates of origination […]
Sandy, Utah-based LifeVantage Corporation reported financial results for its fourth quarter and full fiscal year ended June 30, 2018. For the fourth fiscal quarter ended June 30, 2018, the company reported revenue of $54.0 million, an increase of 6.7 percent as compared to $50.6 million in the fourth quarter of fiscal 2017. Revenue in the Americas for the fourth quarter increased 4.7 […]
New York City-based New Avon LLC recently announced that Lori Bush has been appointed chairwoman of the company’s Board of Managers, effective immediately. She succeeds Jack Stahl, who has served as chairman since June 2016. “The Board of Managers and I look forward to working with Lori in this expanded capacity and are confident that […]
Chesterfield, Mo.-based Reliv International, Inc. recently reported its financial results for the second quarter of 2018. Net sales for the quarter were $8.5 million, compared with net sales of $10.0 million in the second quarter of 2017. Net sales in the United States decreased to $6.3 million in the second quarter of 2018, which represented […]
Chula Vista, Calif.-based Youngevity International, a leading omni-direct lifestyle company, recently reported financial results for the second quarter ended June 30, 2018. Total revenues increased 6.6 percent to $44.3 million. “We are encouraged to see our revenue and adjusted EBITDA bounce back from the levels achieved last year,” said Steve Wallach, CEO and co-founder of Youngevity. “A 6.6 percent revenue […]
Bountiful, Utah-based ARIIX recently announced that Brandon John has been promoted from vice president of Global Tax to executive vice president of Business Strategy. In his new position, he will be responsible for further developing ARIIX’s global tax strategy along with international logistics and operations. “We are honored that Brandon accepted this new position,” said […]
Modere CEO Asma Ishaq was recently elected to the Board of Directors of the Direct Selling Education Foundation (DSEF). “We welcome Asma to the DSEF Board,” said Joseph N. Mariano, president of the Direct Selling Association and sitting member of the DSEF. “I am confident her talents as a direct selling corporate leader will be great assets as […]
Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the second quarter ended June 30, 2018. Revenue was up 13.6 percent to R$3.1 million from R$2.729 million in 2017. Revenue growth was up in every brand: Natura, up 9.8 percent; The Body Shop, up 14.8 percent; and Aesop […]
Gilbert, Ariz.-based Isagenix International recently announced that its newly established Isagenix Legacy Foundation raised $2.3 million during its first 24 hours of fundraising. All donations will fund grants to nonprofit organizations that further the Foundation’s mission to provide healthy nutrition for underserved children, wellness education for all and aid for those affected by natural disasters. The Foundation was launched […]