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It’s hard to keep a scorecard on the direct selling industry! Those who tend to look for a way to criticize can always find something. Those of us who see within the industry and have the opportunity to interact with industry decision makers gain much insight and perspective.
Direct Selling Association President Joseph Mariano has a message for New York Times columnist Joe Nocera. Earlier this month, the opinion writer added to the abundant ink that has been spilled on the topic of activist investor Bill Ackman’s $1 billion Herbalife short.
Catch up on this week’s industry chatter with these click-worthy links:
Catch up on this week's industry chatter with these click-worthy links
Herbalife is bolstering its compliance team with the addition of a Senior Vice President of Global Member Compliance and Privacy.
I know that summer is supposed to be a time to relax and recharge, but this season has been packed!
Herbalife short seller Bill Ackman took to a Manhattan stage for nearly four hours Tuesday morning in his latest round against the global nutrition company.
The Direct Selling Association held its 2014 Annual Meeting this past June 1–3. More than 1,000 executives from direct selling and vendor partner companies gathered in Orlando to celebrate achievements and to discuss the challenges and opportunities that lie ahead for the industry.
This month the United States Court of Appeals for the Ninth Circuit passed down a long-awaited decision in the case of FTC v. BurnLounge Inc. The Federal Trade Commission brought a pyramid complaint against the New York City-based company in 2007.
Herbalife helped to take the cause of its Latino distributors to Washington, D.C., on Thursday as a sponsor of Latino Magazine’s NO MAS HAMBRE Summit. The event raises awareness of the hunger faced by many Latinos and encourages members of the community to get involved. Herbalife Vice President of Government and Community Affairs, Angela Arboleda, took part in a Summit panel addressing the need for greater access to nutrition.
Approximately 85,000 new members joined Herbalife’s U.S. ranks in the first quarter, the largest increase in the company’s 34-year history.
Herbalife will name three Icahn nominees to its board of directors during its annual shareholder meeting in April. Activist investor Carl Icahn is the nutrition company’s largest stakeholder with a 16.8 percent share in Herbalife.