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BY Douglas_Lane
January 09, 2020
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 […]
Financial
BY DSN Staff
November 25, 2019
Medical Marijuana, Inc. announced financial results of $17.7 million in revenue for the quarter ended September 30, 2019, a decrease of 3 percent from Q3 2018. “Medical Marijuana, Inc. and its subsidiaries are excited to continue operating as one of the hemp-based CBD industry pioneers,” said CEO Dr. Stuart Titus. “We are very confident in the continued growth […]
Financial
BY DSN Staff
November 20, 2019
Reliv International, Inc. (NASDAQ:RELV) recently reported net sales of $9.1 million for the third quarter of 2019. The net sales compared with net sales of $8.3 million in the third quarter of 2018. Net sales in the U.S. increased by $344,000, which represented a 5.3 percent increase in net sales when compared to the prior-year […]
Financial
BY DSN Staff
November 19, 2019
Youngevity International, Inc. reported revenue of $34 million for the three months ended September 30, 2019, down 13 percent from Q3 2018. Direct selling revenue down nearly 12% for the quarter “Although we have recently made great strides in producing revenue growth this year, the third quarter posed a number of challenges as we faced seasonally slower sales for […]
Financial
BY DSN Staff
November 15, 2019
AdvoCare International announced its partnership with world champion runner, David Brown. Brown employs a strenuous training schedule and relies on a variety of AdvoCare products in his daily nutrition routine. “David is a very successful, record-breaking runner and AdvoCare is delighted to have him as a partner,” stated Joshua Watts, AdvoCare director of Sponsorships. “We […]
Financial
BY DSN Staff
November 14, 2019
Natura &Co posted another strong performance in the third quarter of 2019, with revenue growth in all three of its brands: Natura, The Body Shop and Aesop. Natura &Co’s consolidated net revenue reached R$3.5 billion, up 7.2 percent on a reported basis and up 10.1 percent at constant currency. The Natura brand’s adjusted net revenue in Brazil was […]
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