eXp World Holdings, Inc. announced plans to launch its real estate operations in Colombia, Spain and Israel before the end of June 2021. With these new markets, the company will have a presence in 16 countries and plans to hire experienced leaders in each to lead local teams. “As we look ahead to the second […]

Amway announced it will be restructuring its operations and laying off up to 900 of its employees who work in Buena Park, California and in Ada, Michigan, where the company’s headquarters are located. Layoffs will first be carried out through a voluntary separation plan, which will offer incentives like financial and healthcare benefits to those […]

Mannatech, Incorporated announced its fourth quarter 2020 and full-year results. The company’s Q4 2020 net sales were $39.2 million, a decline of 2.5% on a Constant dollar basis. Foreign exchange during the fourth quarter did create a net sales increase of $0.8 million as compared to the same time period in 2019. Net income for […]

Herbalife Nutrition announced it has chosen Joe Miranda for the role of Chief Digital Officer. Miranda has more than two decades of experience as a global technology executive in the media, financial and data analytics industries, and has worked with Fortune 500 companies to develop and execute enterprise digital strategies and build integrated, customer-centric digital […]

VIIVA has announced the names of its Product and Science Advisory Board members. These cross-industry professionals will play an integral role in providing guidance for products, formulations, positioning and marketing. “We are excited to welcome this group of professionals to the VIIVA team and will be counting on their knowledge and expertise to help guide […]

The past year has delivered unforeseen and unprecedented growth for direct selling stocks. With the majority of large cap stocks reporting their full-year financial results this month, there was significant volatility within the direct selling stocks segment. In spite of this instability, large cap stocks posted gains for the month of February. The Transformation Capital […]

NewAge announced the launch of its new Lucim Mineral Sunscreen SPF 30. This new toxin-free sun protection cream will protect skin against UVA and UVB rays and will be available in the China/Hong Kong, Japan, Australia, and Europe markets. “Protecting your skin from the sun should be your first line of defense for preventing skin […]

Herbalife Nutrition will hold its annual international leadership education and training conference for independent distributors on March 16-19. The global virtual event will be the company’s first fully produced and interactive online experience for 5,000 of its top independent distributors. Company CEO John Agwunobi will deliver a keynote address, and will be accompanied by panels […]

Following a recent ruling by the U.K. Supreme Court that found Uber drivers should be classified as workers, and Uber’s unsuccessful appeal, the ride-hailing company announced it will provide workers with pension and holiday pay benefits and a minimum wage. This decision and subsequent action is expected to have strong implications for the gig economy […]

NewAge, Inc. announced its fourth quarter and full-year financial results. The company reported its first positive adjusted EBITDA quarter in nearly two years, reaching $2.9 million. Fourth quarter results included a net revenue of $90.4 million. “2020 was another transformative year for NewAge, whereby we reached nearly half a billion dollars in pro forma revenue […]

DIRECT SELLING MOMENTUM INDEX data collected for past 30 days Transformation Capital’s March Digital Momentum Index is here! While the overall average growth in fan/follower base for the list was flat for the 100-company list, March has seen a surge in current fan/follower engagement, with many companies exceeding engagement improvements over 200% compared to February. […]

In February, the number of LegalShield plan members who sought legal assistance or advice for financial challenges jumped to its highest level since July. Evictions and foreclosures remain low, but millions have fallen behind by at least three months on their mortgage payments, with many in forbearance for over a year. “The use of legal […]