Guests of the Magic Kingdom® at Walt Disney World® Resort in Florida will soon enjoy a new interactive experience called “Smellephants on Parade.” Presented by Scentsy, this family-friendly search and sniff adventure will be located in Storybook Circus where “Whiff-sistants” in training will seek Smellephants statues, each with a unique, circus-inspired fragrance.
Tupperware Brands Corporation has finalized an agreement with its lenders to restructure its existing debt obligations. This move is expected to improve the company’s overall financial state and will amend credit obligations as well as extend the maturity of strategic debt facilities.
eXp World Holdings, the holding company for eXp Realty, released its financial report for the second quarter of 2023, highlighting a positive net income of $9.4 million. Revenue during the quarter reached $1.2 billion, a 13% decrease from the same period in 2022, while gross profit decreased 10% to $96.5 million. Adjusted EBITDA was $24.7 […]
Herbalife Ltd. released its financial report for the second quarter of 2023, reporting that net sales trends improved sequentially for two quarters. When compared to the same period in 2022, net sales declined 5.7% to $1.3 billion, representing a 4.2% decline on a constant currency basis. Net income in the quarter was $59.9 million with […]
Natural Health Trends Corp. reported second quarter 2023 revenue of $10.5 million, a 21% decrease from the second quarter of 2022. The company attributes this decline in large part to the changes in deferred revenue in the two respective quarters, which increased $1.2 million in Q2 2023, but decreased $1.4 million in Q2 2022. This […]
Color Street announced the sale of its limited-edition nail strip, called A Path Forward, to bring awareness to the global problem and impact of human trafficking, and in honor of World Day Against Trafficking in Persons.
Nu Skin Enterprises, Inc. announced its second quarter financial results for 2023, including revenue of $500.3 million, a $16.4 million decrease from the same period in 2022. Earnings per share (EPS)in the quarter were $0.54, compared to $0.67 in the second quarter of last year.
The annual Direct Selling Growth and Outlook Survey is our industry’s most important study, conducted by the Direct Selling Education Foundation (DSEF). Each year direct selling companies provide their confidential sales data for expert analysis of the size and scope of direct selling in the U.S. This report is audited by Nathan Associates, a Cadmus […]
Kannaway, the direct selling division of Medical Marijuana, announced the acquisition of eXfuse, LLC, dba KZ1, a Japan-based network marketing company. This acquisition is expected to add approximately 1,450 distributors to the company’s sales force in Japan, which the company believes will be a benefit as it ramps up its business in the Japanese market. […]
Using data and analytics to adapt to trends, retain customers and train distributors If there’s one thing the entire direct selling industry can agree on, it’s the need to look for competitive advantage wherever it takes us: new markets, new products and new ways to become more efficient and profitable. Traditionally, distributors relied heavily on […]
Herbalife debuted Herbalife V, its new plant-based product line certified USDA organic and formulated without soy or dairy. The products are also non-GMO-verified, Kosher and made with no artificial sweeteners or flavors.
The Direct Selling Association of Canada Board met with Members of Parliament (MPs), senators and other government officials over a two-day span to advocate for the direct selling industry. In twelve meetings attended by representatives from all of the country’s major parties, DSA members promoted the economic and social role the direct selling industry plays […]
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