Amway, the world’s largest direct seller, announced sales of $8.4 billion for the year ending Dec. 31, 2019, down 5 percent from 2018 figures. China, Amway’s largest market, saw significant declines in the overall direct selling industry, yet Amway was able to improve market share and move up a spot to become the country’s number […]

Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase […]

Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2019 Fourth quarter reported net sales of $1.2 billion increased 2.8 percent compared to the prior year period. Regionally, net sales for the fourth quarter of 2019 were: Asia Pacific: net sales of $330.4 million, an increase […]

USANA Health Sciences, Inc. (NYSE: USNA) yesterday announced financial results for its fiscal fourth quarter and full year ended December 28, 2019. Fourth quarter 2019 net sales were $271.3 million, compared with $299.0 million in the prior-year period. The company’s total number of active Customers at the end of the fourth quarter was 586,000, compared […]

USANA Health Sciences, Inc. (NYSE: USNA) yesterday announced financial results for its fiscal fourth quarter and full year ended December 28, 2019. Fourth quarter 2019 net sales were $271.3 million, compared with $299.0 million in the prior-year period. The company’s total number of active Customers at the end of the fourth quarter was 586,000, compared […]

WeWork Debacle Changes the Gig Economy Game; Public Direct Sellers Continue to Slow.   WEWORK IMPLOSION SIGNALS THE END TO BLANK CHECK FINANCING FOR GIG ECONOMY For the past several years, growth in the U.S. Direct Selling market has appeared to plateau after decades of posting mostly consistent, mid-single-digit kind of growth rates, even during […]