Patty Hoppenstedt has joined Southwestern Family of Companies as vice president of Human Resources. In her new role, Hoppenstedt will be responsible for providing consultation on strategic staffing plans, including compensation, benefits, training and development, budget and labor relations. “Patty has spent more than 20 years in HR within a variety of industries,” said Dustin […]

NewAge Beverages Corporation announced it has entered into a definitive agreement to acquire ARIIX, together with four additional companies in the e-commerce and direct selling channels. The combination will create a global firm with estimated pro forma revenues in excess of $500 million across more than 75 countries worldwide. NewAge and ARIIX have agreed to […]

(This article was written by Bianca Miller Cole and appeared on forbes.com.) During the lock down, demand for online knowledge has surged from professionals and business owners alike, as they pursue guidance to support their business model and career pivots. Whilst the plethora of live streams, panel discussions and webinars are valuable, it’s essential not […]

Medifast, Inc. announced that it has appointed James (Jim) Maloney as chief financial officer, effective today. In his role, Maloney will be responsible for leading the finance function, including all aspects of financial planning and analysis, setting Medifast’s financial and capital allocation strategies and managing investor relations. He will serve as a member of the […]

(This article was written by Serenity Gibbons and appeared on forbes.com.) Every dollar your business spends on promoting the well-being of your customers is a dollar that will come right back to you. Eighty-six percent of buyers are willing to pay more for a better customer experience, so failing to put your customers first is equivalent to leaving money […]

Transformation Capital reported June 2020 revenue results showed a continued growth trend in the direct selling channel. According to the Dallas-based investment banking and business development firm, a survey set of its 50 leading direct selling companies continued to indicate strong sequential sales growth across most of the channel. “This is the fourth month in […]

Evidence from the public markets continues to validate the data and trends investment banking and business development firm Transformation Capital has been reporting of late. Direct selling continues to stand out as an ideal model in the current pandemic environment. Month-to-date, the four large direct selling stocks have increased in value from 11 percent (low) […]

Cindy Monroe to step down from chief executive officer role Tracy Britt Cool, a former key deputy to Warren Buffett at Berkshire Hathaway Inc., is taking an ownership stake in Thirty-One Gifts. Kanbrick, the investment firm led by Britt Cool and co-founder Brian Humphrey, will become a partner and owner with Thirty-One Gifts founder Cindy Monroe, according […]

Last year, Mary Kay Inc. announced it had partnered with The Nature Conservancy to protect Texas fisheries and the Gulf of Mexico. Today, Mary Kay announced it has expanded that partnership with The Nature Conservancy to impact waterways—and native species—the world over. “All life on Earth began in and depends on our oceans,” said Deborah Gibbins, chief […]

Dallas-based Mary Kay, Inc. is celebrating the 10th anniversary of Women’s Empowerment Principles with a continued commitment to women’s leadership and inclusion. According to World Economic Forum, at the current rate it will take 140 years to achieve gender equality in top leadership positions1 and 99.5 years to have a gender equal world2. As workplaces across […]

Modere CEO Asma Ishaq was awarded the distinction of NutraChampion 2020 during the NutraIngredients–USA Awards, the preeminent showcase for the nutrition and supplements industry. The NutraChampion Award honors the nutraceutical industry’s thought leaders and innovators who leave a lasting impact on nutrition and the nutrition industry across Europe, Asia-Pacific and the US. Selected by a […]

Truman Hunt has joined the founding board of directors of new integrative beauty company Solvasa as chairman. Solvasa was founded by health and beauty industry veteran Lori Bush and leading Beverly Hills plastic surgeon Dr. Ritu Chopra. Prior to joining Solvasa, Hunt was the CEO and board member of Nu Skin Enterprises, leading the company […]