MONAT Global was honored by Oprah Daily and North American media outlet FASHION/Chatelaine for its healthy aging haircare products.
This award honors the achievements of companies that take a holistic, measured and incremental approach to growth, innovation, operational integrity and excellence. As an industry leader that embodies these traits and more, Hy Cite is on the path to accomplishing the brand’s ambitious vision: to redefine the direct selling industry for the better.
Prüvit Founders Brian Underwood, Chris Harding and Terry LaCore announced the reacquisition of the company in a $107 million transaction. This decision is part of the founders’ stated strategy to “return to the fundamentals” and described the move as “setting the stage for a legacy that will thrive for years to come.”
Telecom Plus, trading as Utility Warehouse (UW), posted its financial results for the year ending March 31, 2024. Revenue for the company reached $2.59 billion, resulting in a record profit of $451 million, a 16% increase over the previous year. Adjusted pre-tax profit was up 21.5% year-over-year to $148.6 million. Adjusted EPS was also up 9.9% with a net debt to adjusted EBITDA ratio at 0.9x.
Nature’s Sunshine Products, Inc. was recognized by Comparably, a workplace culture and corporate brand reputation platform that has received more than 15 million anonymous employee ratings on 70,000 companies. This year, Nature’s Sunshine received two workplace awards, including Best Career Growth award and the Best Leadership Team award for the third consecutive year.
Medifast, the parent company of direct selling brand OPTAVIA, was recognized by US News & World Report as one of the nation’s Best Companies to Work For within the food and drink industry. This is the second consecutive year that Medifast has been included in this list.
At the Top Workplaces USA awards, sponsored by USA Today, as well as the Middle Tennessee Top Workplaces, sponsored by The Tennessean, Southwestern Family of Companies was recognized as a Top Workplace 2024.
Tupperware Brands Corporation will be closing its Hemingway facility. The manufacturing facility, which is located in Williamsburg County in South Carolina, is the only Tupperware manufacturing hub in the US.
Zinzino announced today that it has signed a letter of intent with the shareholders of Zurvita Inc. to acquire 100% of its shares in the company. Zinzino expects the acquisition to increase its distribution power in North America by gaining access to Zurvita’s distribution network in the US, Canada and Mexico.
Glenn Sanford’s ascent from tech entrepreneur to real estate visionary epitomizes the power of innovation, resilience and forward-thinking leadership. As the Founder, Chairman and CEO of eXp World Holdings, the parent company of eXp Realty, he has redefined the traditional brokerage model and cultivated a culture of empowerment and collaboration that has propelled eXp to unprecedented success.
This innate drive and personal belief system is why, when the Federal Trade Commission began pursuing Neora and alleging false claims against the company in 2016, Jeff not only wanted to defend the company name, he wanted to prove with data-backed evidence that Neora was operating with integrity.
Before the internet was widely available to the public, JR Ridinger envisioned a day when people would buy just about everything they needed and wanted online. He and his wife Loren founded Market America in 1992—years before shopping online was anywhere close to mainstream. It was truly a revolutionary concept more than 30 years ago. In 2010, the company acquired SHOP.com, and today is a global online retail giant with annual revenues topping $800 million.
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