March was a tumultuous month for direct selling stocks, but April proved to move the group marginally higher, with the Direct Selling Capital Advisors Direct Selling Index (DSCI) rising 3.1 percent during the month, compared to a slightly lower gain for the Dow Jones Industrial Average (DJIA) of 2.7 percent. This rise in April places the DSCI in line with the broader markets.
ACN Inc., an essential services direct selling company, announced its agreement to purchase the assets of Kynect Ltd. Formerly known as Stream Energy, Kynect was founded in 2005 as an energy service provider in the direct selling space before adding wireless, home security and other essential services to its product portfolio.
To address the surge of COVID-19 and overrun medical care systems in India, QNET’s philanthropic initiative RYTHM Foundation partnered with Project CoHeal, a Covid Care Facility serving patients free of cost. The RYTHM Foundation’s support will help with operations scaling and the funding of oxygen concentrators, ventilators and healthcare worker salaries for six months. The […]
The Better Business Bureau (BBB) Serving the Pacific Southwest announced the finalists for its 2021 BBB Torch Awards for Ethics, including Plexus Worldwide, which is headquartered in Scottsdale, Arizona.
Together with Glamhive, Mary Kay Global Design Studio is launching Step & Repeat, a five-week style competition and mentorship program on TikTok. In this social media reality show, wardrobe stylists, makeup artists and hair stylists will compete in a fast-paced environment while celebrity judges and host Johnny Wujek, a celebrity stylist and costume designer, will […]
The Direct Selling Education Foundation (DSEF) announced it has awarded Allison Crick, a University of South Florida student, the 2021 grant from the organization’s Sales Doctoral Student Grant Program. Crick will work with Dr. Nathan Hartmann, Assistant Professor at the university’s School of Marketing and Innovation. “On behalf of all of us at DSEF, I’d […]
To provide updated estimates of the economic impact of Plexus’ domestic and international business practices, Plexus conducted a study analyzing its operations in Arizona, Mexico, Canada and Australia. The new independent study by the L. Seidman Research Institute at Arizona State University looked at employment, labor income and contributions to GDP. “Our products, team members, […]
PM-International, at the World Management Congress 2021, presented the company’s latest business figures, global impact and innovations. At this hybrid event, which hosted 150 management members on-site in Luxembourg and more than 6,000 online viewers from all over the world, the company shared its global sales record of 60% growth during the first five months […]
NewAge will debut new platforms and assets following the acquisitions of four partner companies: Noni, LIMU, Zennoa, and ARIIX. All five entities will launch on NewAge.com on July 3, 2021. In this newly renovated site, all of its partner companies will coexist across the platform in separate sections to maintain the integrity and identity of […]
Herbalife Nutrition has partnered with the American Society of Nutrition (ASN) and the Nutrition Education for the Public (NEP) to award scholarships to promising students in the field of nutrition who intend to become Registered Dietitians. “Registered Dietitians are on the front lines of teaching Americans the principles of healthy eating and how to use […]
A nationally-representative survey conducted for Medifast, the parent organization for direct selling company OPTAVIA, illustrated consumer health priorities and motivator findings.
The Direct Selling Association (DSA) and its Board of Directors announced it has selected the incoming officers and directors for the upcoming 2021-2022 Association year.
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