NewAge, Inc. announced that it has filed for a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
LifeVantage Corporation announced its financial results for the fourth quarter and full fiscal year that ended June 30, 2022, including fourth quarter revenue of $50.9 million, a 7% decrease from the same period last year. When not accounting for foreign currency fluctuations, this dip was only 3%. The Asia/Pacific and Europe markets actually saw […]
Mannatech released its financial results for the second quarter of 2022, including a 17.7% decrease in net sales, totaling $35 million. The company pointed to global supply chain constraints, particularly an ingredient used in its core products, as a major influencer of this decline.
LR Global Holding GmbH, the parent company of direct selling organization LR Health & Beauty, announced sales of $135.7 million in the first six months of 2022, a 14.2% drop from the same period of 2021.
Nature’s Sunshine released its financial results for the second quarter of 2022, revealing net sales of $104.2 million, a slight drop from $109 million in the same quarter in 2021.