Natura &Co announced its financial results for the second quarter of 2024, reporting consolidated net revenue of $1.3 billion, a 5.7% year-over-year increase in constant currency. Adjusted EBITDA was $146 million with a net loss of $156 million, compared to a net loss of $133 million in last year’s quarter.
Recently, we had a unique opportunity to speak with Mr. Rolf Sorg, the CEO and Founder of PM-International. PM-International continues to write history in the direct selling channel. With 30 years of consistent growth, the company has produced results never seen before in direct selling.
In a partnership with the Hawaiian government, dōTERRA has been a steward of the Big Island of Hawaii since 2018, working to preserve and protect remnants of the native forest and actively regenerating and rebuilding the island’s ecosystem.
Coway Co., Ltd. announced its financial results for the second quarter of 2024, reporting a 7% increase in total revenue from the previous year’s quarter. Second quarter 2024 revenue reached $789 million with a gross profit of $154 million.
Nature’s Sunshine Products, Inc. announced its financial results for the second quarter of 2024, reporting $110.6 million in net sales, a 5% decline versus the second quarter of 2023. Adjusted EBITDA was down 8% year over year to $10.4 million.
With decades of expertise in supply chain operations, manufacturing, distribution and innovative product development, David Chung brings a career’s worth of experience that he’s ready to put to work in service of his vision for Amare.
Nu Skin announced its financial results for the second quarter of 2024, reporting revenue of $439.1 million, compared to $500.3 million in the same quarter last year. Total customer numbers declined 14% to 893,514 while sales leaders and paid affiliates declined 16% and 17% respectively.
Jim Northrop, former Immunotec President and CEO, passed away this week. Northrop was an advocate for the direct selling channel and the leader of Winfield Consulting, an organization designed to provide strategic support to direct selling companies.
FASTer Way to Fat Loss, a digital fitness and nutrition brand known for its fat loss strategies, announced the debut of FASTer Way Hydration, a hydration product that functions to replace electrolytes while supporting nutrition enhancement through unprocessed mineral sources like Celtic Sea Salt and rare Spanish Cave Red Salt.
The Beachbody Company, Inc., now known as BODi, announced its financial results for the second quarter of 2024, reporting total revenue of $110.2 million, down from $134.9 million in the second quarter of 2023.
Herbalife and Major League Soccer club LA Galaxy worked together to support community organization A Place Called Home (APCH) at its annual back-to-school event. APCH’s Joint Community Partnership Fund provided school supplies to 1,000 South Central Los Angeles youth and families.
As part of its continued global expansion plan, Greenway Global announced a strategic partnership with Jeunesse Global. The partnership is expected to allow for consolidation of power and influence between the companies to accelerate growth and create new opportunities.
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