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Financial
Financial
BY DSN Staff
February 07, 2018
USANA Health Sciences Inc., a Salt Lake City, Utah-based cellular nutrition company, has reported financial results for its fiscal fourth quarter and full-year ended December 30, 2017. For the fourth quarter of 2017, net sales were $273.1 million compared with $252.9 million in the prior-year period, or an 8.0 percent increase year-over-year. The weakening of the U.S. dollar positively impacted net […]
Financial
BY DSN Staff
February 05, 2018
PM-International AG, a Schengen, Germany-based direct seller of wellness and cosmetics products, has reported $632 million in annual sales for 2017, a 37 percent increase over 2016 sales. Rolf Sorg, the founder and CEO of the company, announced the results to the more than 3,300 sales partners present at this year’s kick-off event. “My greatest respect […]
Financial
BY DSN Staff
February 02, 2018
Orlando, Florida-based Tupperware Brands Corp. has reported operating results for the fourth quarter 2017. Net sales were $588.6 million, down 2 percent (4 percent local currency). On a comparable basis, adjusting for the impacts of the 53rd week in 2016 and the closure of BeautiControl, local currency sales were estimated to be up 3 percent. Emerging […]
Financial
BY DSN Staff
January 25, 2018
Youngevity International, a Chula Vista, California-based omni-direct lifestyle company, has acquired the Gigi Hill handbag and accessory brand. The company also has entered into a long-term contract with Gabrielle “Gigi” DeSantis, co-founder of Gigi Hill, to lead the integration of Gigi Hill products. Steve Wallach, Youngevity CEO, said, “We are impressed with the loyal following of the […]
Financial
BY DSN Staff
January 04, 2018
Melaleuca, an Idaho Falls, Idaho-based direct seller natural nutritional and household products, recently reached a milestone event in the company’s history. On Dec. 26, CEO Frank VanderSloot shared the news that the wellness company had reached $2 billion in annual sales. The milestone was celebrated at a gathering at the company’s central headquarters where a […]
Financial
BY DSN Staff
January 03, 2018
In a story we posted online Dec. 18, 2017, and in our January issue of Direct Selling News, we incorrectly reported that Stemtech International, a global seller of nutritional products based in Pembroke Pines, Florida, had filed a motion with the U.S. Bankruptcy Court to convert its Chapter 11 bankruptcy status to Chapter 7. It was […]
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