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 […]

LifeVantage Corporation (Nasdaq: LFVN) reported financial results for its third quarter ended March 31, 2019. The company reported revenue of $56.0 million, an increase of 10.8 percent as compared to $50.6 million in the third quarter of fiscal 2018. Revenue in the Americas for the third quarter increased 6.2 percent compared to the third quarter of fiscal 2018 and revenue in the Asia/Pacific & Europe region […]

Medifast, Inc. (NYSE: MED) reported revenue of $165.9 million for the first quarter ended March 31, 2019, an increase of 68.2 percent year-over-year. The company also reported active earning OPTAVIA Coaches of 27,200, an increase of 62.9 percent year-over-year. “Our strong start to the year was fueled by a record number of active earning OPTAVIA Coaches and increased coach productivity,” said Dan […]