Company Focus

Youngevity Completes Acquisition of Assets of Khrysos Global

Youngevity International, Inc. (YGYI) announced that it completed the closing of the acquisition of all the assets of Khrysos Global. This acquisition of the Tampa, Florida based manufacturer of hemp-based CBD extraction equipment is expected to establish YGYI ‘s newly formed, wholly owned subsidiary, Khrysos Industries, Inc., as a global player in the field-to-finish hemp-CBD oil, isolate and…

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Natural Health Trends Down 3% for 2018

Natural Health Trends Down 3%

Natural Health Trends Corp. (NASDAQ: NHTC), a direct-selling and e-commerce company that markets under the NHT Global brand, recently announced its financial results for 2018. For the fourth quarter ending December 31, 2018, total revenue was $41.6 million, decrease of 10 percent compared to $46.1 million in the fourth quarter of 2017, and a decrease of…

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Robert Harris Named Modere VP of Information Systems & Technology

Modere recently announced that it has hired Robert D. Harris as vice president of Information Systems and Technology (IS&T). In his new position, Harris will oversee four verticals that comprise Modere’s global IS&T team: Development Operations, Business Applications, Quality Assurance and Systems. The verticals are responsible for managing web applications for ecommerce and back office…

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Avon Products, Inc. Announces Partnership to Deliver Global Training Platform

Avon partnership with Fuse Universal

Avon Products, Inc. has announced a partnership with Fuse Universal (Fuse), a leading provider of next-generation learning technology, to create a global training platform. The initiative supports a central pillar of Avon’s transformation plan to digitize its business and accelerate the selling and earning power of Avon’s millions of Representatives worldwide. The partnership is one element of Avon’s business strategy to…

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Herbalife Nutrition Net Sales Up 10% for 2018

Herbalife Nutrition Net Sales

Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2018. Net sales for the full year 2018 were $4.9 billion, an increase of 10 percent compared to full year 2017. Fourth quarter reported net sales of $1.2 billion increased 9 percent compared to the prior year…

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Kannaway Places Significant Initial Purchase Order for Chewing Gum

Kannaway, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, has placed a significant order for chewing gum with AXIM. Medical Marijuana, Inc., the first-ever publicly traded cannabis company in the United States, announced that its subsidiary Kannaway has placed a significant initial purchase order from major investment company AXIM®Biotechnologies (OTC: AXIM), a world leader in cannabinoid…

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WorldVentures Expands to the Philippines

WorldVentures Expands to the Philippines

WorldVentures recently announced that it has recently opened in the Philippines. “Thanks to our leadership team, we can offer more people around the world the opportunity to live with purpose and take advantage of a membership built on unforgettable experiences,” CEO of WorldVentures Josh Paine said. “As we expand into new markets, we continue to develop our…

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Oriflame Local Currency Sales Up for 2018; Euro Sales Down

Oriflame CEO and President Magnus Brännström

Switzerland-based cosmetics giant Oriflame recently reported sales results for the fourth quarter of 2018 and the full-year 2018. For the three months ended December 31, 2018: Local currency sales increased by 1% and Euro sales decreased by 3% to €370.3m (€380.1m). Euro sales amounted to €359.3m* in accordance with IFRS. Number of registered actives increased…

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Nu Skin Q4 2018 Sales Up 3%; Up 18% for Year

Nu Skin Building

Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth-quarter and 2018 financial results. Revenue for the fourth quarter ending December 31, 2018 was $693.3 million, up 3 percent from the fourth quarter of 2017. “We delivered another strong quarter despite a challenging comparison from the $130 million LumiSpa introduction in the prior year,” said Ritch Wood,…

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Avon Products, Inc. Down 2% for 2018

Avon Products Inc.

Avon Products, Inc. (NYSE: AVP) today announced its results for the fourth quarter and fiscal year ended December 31, 2018. For the fourth quarter 2018, total revenue was $1.4 billion, a decrease of 10 percent year-over-year. Active Representatives declined 6 percent. For the fiscal year 2018, total revenue was $5.57 billion, a decrease of 2…

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