USANA recently launched a product line of mood and relaxation products that take a natural and mindful approach to overall health and well-being. The new Stress Relief mood-support supplement and Calm Response essential oil balm were introduced at the company’s annual Americas and Europe Convention, which was a virtual event this year. “The launch of […]
IN MEMORIAM Tom Mower Sr., the founder of network marketing companies Neways and Sisel International, passed away suddenly August 2, 2020. Mower was born on July 15, 1942, in Salt Lake City, Utah. He was a master storyteller and inspired millions via TV, radio, the Internet and from stage in jam-packed arenas around the world. […]
ByDesign Technologies recently announced the promotion of Cassie Lewis to the newly created position of director of Client Growth. Lewi will be responsible for working directly with clients and assisting them in fully leveraging technology to facilitate their business plans for growth, including optimizing their technology platform, accelerating field adoption and empowerment and implementing best […]
Youngevity International, Inc.: announced that on August 12, 2020, it received an additional notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, has […]
Reliv International, Inc. reported net sales of $8.0 million for the second quarter of 2020, a decrease of 2.9 percent from $8.3 million in Q2 2019. Net sales in the United States increased to $6.1 million in the second quarter of 2020, which represented a 3.1% increase in net sales when compared to the prior-year quarter. Net sales in Reliv’s foreign markets decreased […]
Natura &Co’s consolidated sales in the second quarter of 2020 were R$7.0 billion, down only 12.7 percent despite the unprecedented global impacts of the COVID-19 pandemic. Group e-commerce sales grew by about 225% in the quarter vs. the same period last year, with growth of 150% at Natura and Avon combined, 230% at the Body […]
Customer-centric is direct selling’s present and future. Actual customers buying real products, generating real success for opportunity seekers, as well as the direct selling companies they represent. In today’s environment, with evolving consumer expectations and regulatory scrutiny, direct selling companies focused on building a strong retail base of satisfied customers who find value in their […]
(This article was originally released on August 3, 2020. It has been updated to reflect Q2 2020 financial reports released after that date.) Insights from Transformation Capital show that both large-cap and small-cap direct selling stocks continue to dramatically outperform the Dow Jones Industrial Average (DJIA). Large-Cap Stocks The four large-cap direct selling stocks continued to march higher […]
Young Living recently hosted its first-ever virtual International Grand Convention, with more than 210,000 people from 81 countries virtually attending the four-day online event. The convention was designed to keep attendees safe from the COVID-19 pandemic while still providing an immersive, enriching experience. Attendees from around the world were able to interact together live via the […]
A July agreement between ARIIX and NewAge, Inc., a publicly traded NASDAQ listed company, has the potential to create the only omni-channel company in direct selling with access to e-commerce and direct-to-consumer channels in more than 75 countries. “We are very excited that these companies are coming together to create a powerful global enterprise with […]
Plexus announced that its Lean Forward initiative has resulted in 3.4 million meals being donated to Feeding America. The Scottsdale, Ariz.-based company also announced an extension of the promotion to continue to help people affected by food insecurity during the COVID- 19 crisis. What was meant to be a five-day initiative in partnership with Feeding […]
Herbalife Nutrition Ltd. announced the preliminary results of its “modified Dutch auction” self-tender offer. The offer, which expired at 5:00 P.M., New York City time, on Tuesday, August 11, 2020, was to purchase up to an aggregate of $750 million of the company’s common shares at a cash purchase price not greater than $50.00 nor less than $44.75 for each share tendered. Based on the […]
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