To better understand the significance of this drastic revenue increase and the growth patterns that surround it, Direct Selling News analyzed the financial trajectory of the top 100 direct selling companies in North America with at least $50 Million in annual revenue, and three international direct selling companies with at least $50 Million in North American revenue.
Betterware de Mexico, referred to as BeFra after its acquisition of Jafra, released its first quarter 2024 financial results, reporting a 10.4% year-over-year increase in net revenue compared to the first quarter of 2023.
Nature’s Sunshine released its 2023 Comprehensive Impact Report, showcasing the company advancements in its integration of sustainability and transparency company-wide, including sourcing, supply chain, manufacturing and its investment in people and processes.
Istanbul-based Farmasi celebrated the grand opening of its new Miami headquarters. Farmasi influencers from more than 20 countries attended, as well as the General Consul of Turkey.
Tupperware received international Red Dot Awards in the Outstanding Product Design category for its new Tupperware Wow Pop microwave popcorn maker, as well as its new collection of Tupperware Ultimate silicone slim bags.
The Federal Trade Commission voted to approve a final rule banning noncompetes nationwide. The commission expects the ban will promote more than 8,500 new startups each year, boost worker wages and innovation, and will protect “the fundamental freedom of workers to change jobs.”
Young Living Essential Oils published a study in Diversity, a scientific journal, chronicling a comprehensive study on bees in North America and their habits of visiting lavender. The results of the study demonstrate the lavender plant’s role in supporting a diverse community of bees.
Coway was selected as the recipient of the Red Dot Design Award for the 18th consecutive year. This year, Coway was recognized for its BEREX Massage Bed in the Health Care Product category.
Oriflame released its 2023 Sustainability Report, revealing significant strides in its efforts to address its own carbon footprint and environmental impact.
Two of Herbalife’s laboratories recently completed the My Green Lab Certification Program, a label that guarantees sustainability best practices by the United Nations-backed Race to Zero campaign.
PM-International CEO Rolf Sorg doesn’t believe in limitations—and he doesn’t think you should either. For the last 30 years, he’s led the company he founded with a resilience that be believes lives in all of us if you’re not willing to give up.
In an increasingly digital world, payment processes are changing. Traditional banks are no longer the only option to meet businesses’ financial needs. Global payout platforms have become a popular alternative, offering innovative, adaptive and efficient payment solutions that keep up with our fast-paced times. This is especially true in the direct sales industry.
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