Keller Williams Realty, Inc. has officially distributed more than $2 billion of its profits to associates. From January 1, 2023 to June 30, 2024, Keller Williams real estate brokerage franchisees, which it calls market centers, have awarded more than $148 million in profits to the associates who contribute to their brokerages’ growth.
From the September issue of DSN magazine. Here’s what we think you (and your field) should be reading, listening to and utilizing in order to stay engaged, informed and one step ahead.
While most of the direct selling channel battled decline, a majority of the industry's service companies enjoyed a pattern of steady, stable growth. DSN takes a deep dive into what's behind this sector's success story.
The Federal Trade Commission believes MLM income disclosures can be misleading. In its recent FTC Staff Report: Multi-level Marketing Income Disclosure Statements, the Commission emphasized that many MLM income disclosures lack clarity and present income data in confusing and ambiguous ways.
Utility Warehouse (UW) was named Business of the Year at the Scottish Borders Business Excellence Awards. This award is selected by the Scottish Borders Chambers of Commerce and recognizes the best of business in the Scottish Borders region.
Aspiring entrepreneurs in Asia Pacific are optimistic, according to a new Herbalife study. More than three in five (63%) say they plan to start a small business in the next 18 months, with 59% of respondents expressing optimism about their entrepreneurial pursuits.
Olive Tree People is building a waterless beauty movement. Eighteen months after its launch in the United States, the company, a subsidiary of Oliveda International, Inc., surpassed the $2 million in sales per day milestone.
Global retail sales grew 1% over the past four years. According to this year’s annual report from the World Federation of Direct Selling Associations (WFDSA), the direct selling channel saw a 2.3% year-over-year decrease in global sales in 2023, amounting to $167.6 billion. While this was a decline, it is still above pre-pandemic sales levels in 2019.
Zinzino announced its financial results for the second quarter of 2024, reporting $49 million in revenue, a 24% increase compared to the same period of 2023. EBITDA during the quarter increased to $0.58 million with an EBITDA margin of 12.4%.
LR Health & Beauty SE announced its financial results for the second quarter of 2024, reporting sales of $78 million, a 2.6% increase from the previous year’s quarter. With these results, the company achieved $158 million in sales for the first half of the year, citing its new product launches, including the LR Health Mission and the LR Body Mission, as significant contributors to its positive sales performance.
Innovation is everything at Color Street. Fa Park spent 30 years perfecting a product that would upend the nail polish industry, choosing to keep his creation proprietary and building a company inspired by its possibilities. His years of persistence and creativity set the standard for all that Color Street would become and is still becoming.
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