(This article was written by Benjamin Laker and appeared on forbes.com.) As cities around the world begin the slow, planned and staged process of re-opening, we face a leadership legacy moment. How leaders react and guide their team through the next few challenging months will leave a lasting impression, according to Rachael Robertson, author of the best-selling […]
Innovative technology and nutritional products that optimize the body’s biology. The nutritional supplements giant LifeVantage didn’t start the biohacking movement, but they’re the direct selling company that has embraced it. Also known as DIY biology, biohacking is the desire to optimize your body and mind by using everything at your disposal – technology, tools and […]
It’s not too late to pivot in the right direction. Pivot – 2020’s defining word and a silver lining in troubling times. As individuals and businesses absorb the culture shock and changes associated with living and working through a pandemic, they face new obstacles that require novel solutions. But from crisis arises great opportunity for […]
Possible Inflection Point for Direct Selling Index; Recent Top-Line Deceleration Reversing. One data point does not a trend make, but in a sharp reversal, our proprietary index of the publicly traded direct stocks has sharply outperformed the broader market as measured by the S&P 500 index through the first two months of the 2020 Q2. […]
Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on […]
Like most people, direct selling executives are crossing out travel and large in-person gatherings from their calendars. For an industry known for its relational appeal, eliminating the face-to-face factor should be crushing. But instead, many executives are reporting that they feel more connected to their teams than ever before and are experiencing record engagement. “I’ve […]
Le-Vel announced the promotion of Sophary Ly to executive vice president and chief financial officer, effective immediately. In her new role, Ly will help oversee the company’s operations, accounting and financial teams. She will continue to report to co-CEOs Jason Camper and Paul Gravette. Ly has worked as chief financial officer for Le-Vel since October […]
Nu Skin Enterprises reported it estimates revenue for the second quarter of 2020 to be approximately $603 to $608 million. The company previously forecasted second-quarter revenue of $520 to $550 million. “We are pleased to report that our expected revenue for the second quarter is well ahead of our previous guidance, driven by strong global customer […]
USANA Malaysia and the USANA Foundation recently donated 1,000 food packs to 1,000 families in need during a charity drive on June 13 in Jalan San Peng. “The COVID-19 pandemic has been so destructive all over the world, and all of USANA’s markets have really stepped up in a big way to help those in […]
ARIIX announced its merger with Shannen Global Indonesia, a network marketing company that creates beauty products for the empowered woman. The merger will provide both ARIIX and Shannen Global Indonesia Representatives a broader global footprint to grow their international businesses and access to more diversified product lines. With the new partnership, ARIIX now has a […]
(This article appeared on talkwalker.com.) The coronavirus and the following economic turmoil has shaken businesses to the core. When the dust settles, and we adjust to the ‘new normal’ there will be brands that hold strong, and those struggling to survive. In this blog, we look at how the crisis impacted the world’s 50 most […]
Medical Marijuana, Inc. (MJNA), parent company of direct seller Kannaway, announced financial results for the quarter ending March 31, 2020. Highlights of the quarter included: MJNA generated $13.3 million in net revenue in first quarter of 2020; Subsidiary Kannaway named the Most Popular Cannabidiol (CBD) MLM Company by HealthMJ; Kannaway expanded international operations into Russia, Kazakhstan […]
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