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The New York Stock Exchange today announced the launch of the NYSE Board Advisory Council, which will proactively address the critical need for inclusive leadership by connecting diverse candidates with companies seeking new directors. The Council is comprised of 13 Founding Member CEOs from some of the world’s largest and most well-established brands, including Avon’s CEO Jan Zijderveld. […]
The World Federation of Direct Selling Associations (WFDSA) earlier this month released business results for 2018. According to WFDSA: Global estimated retail sales for 2018 were a record $192.9 billion, an increase of 1.2% over 2017. Compound annual growth rate for the period from 2015 through 2018 was 1.7%, showing sustained growth over time. The […]
The Independent Bid Committee of the Board of Directors of Oriflame Holding AG has recommended shareholders accept the offer from the af Jochnick family to buy all shares of the company. On May 22, Walnut Bidco Plc, a newly established company indirectly wholly owned by members of the founding families of Robert af Jochnick and […]
Natura Cosmeticos and Avon Products Inc. announced that they are in advanced talks over a potential all-stock transaction. The Sao Paolo, Brazil-based Natura said in a statement that the two parties are negotiating the final details of the deal but cautioned that agreement may not be reached. Avon later confirmed talks are at an advanced stage. […]
Reliv International, Inc. (NASDAQ: RELV) recently reported its financial results for the first quarter of 2019. Net sales of $9.5 million for the quarter compared with net sales of $10.0 million in the first quarter of 2018. Net sales in the United States decreased to $7.1 million in the first quarter of 2019, which represented […]
Natura &Co posted another strong performance in the first quarter of 2019, with growth in all three brands driving consolidated sales up 8.5 percent, reaching R$2.9 billion in net revenues. Net income was up 72.8 percent to R$41.9 million. EBITDA rose by 5.6 percent to R$336.9 million, while adjusted EBITDA (excluding non-recurring effects) increased 3.7 percent to R$330.8 million, with […]
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