Board members for the Direct Selling Association of Canada met with Members of Parliament, senators, and other government officials during a two-day meeting in Ottawa, the nation’s capital, to discuss the importance of independent contractor status for distributors and the need for a regulatory framework, as well as to advocate for the direct selling industry as a whole. 

Nature’s Sunshine Products, Inc., in its first quarter 2023 financial report, announced net sales of $108.6 million, a slight decline from $110.5 million during the same time last year. Adjusted EBITDA was up to $9.1 million from $8.2 million last year.

How should direct sellers evolve to compete in the New Economy of the 2020s? The answers to the questions are at once simpler and more complex than most people think.

Nature’s Sunshine Products, Inc. was recognized by the 21st Annual American Business Awards for its customized nutrition programs, inaugural Environmental, Social and Governance report, the conversion of its manufacturing plant to 100% solar power and its philanthropic efforts through the Impact Foundation.

Tupperware Brands Corp is now working with investment bank Moelis & Co LLC to look into strategic alternatives and announced it has found additional errors in its previous financial reporting.

From the May 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.

LifeVantage announced a 7.5% boost in revenue year over year, reaching $53.7 million. The Americas region was particularly strong, with an 18.2% increase in revenue, including a 19.5% increase in the United States. Asia Pacific and Europe revenues were down 14.2% with a 16.3% decline in active accounts.

Nature’s Sunshine’s second annual ESG report revealed a year’s worth of advancement toward the company’s commitment to sustainability in its supply chain and manufacturing. 

Nu Skin announced its financial results for the first quarter of 2023, reporting $481.5 million in revenue, compared to $604.9 million during the same quarter of last year.

USANA Health Sciences, Inc. revealed the next stage in its international expansion, announcing it will open operations in India in the third quarter of 2023. With this launch, the company will now be present in 25 markets.

Natural Health Trends Corp. announced its first quarter financial results for 2023, posting revenue of $11.9 million, a 3% increase from the same period last year.

Herbalife Ltd. announced its first quarter financial results for 2023, posting first quarter net sales of $1.3 billion, down 6.3% from the same period last year.