Posts Tagged ‘Africa’

Billion Dollar Markets

Billion Dollar Markets

It was another record year for the direct selling industry, which garnered $192.9 billion (constant U.S. dollars) in estimated retail sales globally in 2018—a 1.2 percent increase over 2017—and produced 24 Billion Dollar Markets, according to research by the World Federation of Direct Selling Associations (WFDSA), its partner DSAs and direct selling companies around the…

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WorldVentures Expands into Zambia, Namibia

WorldVentures Expands into Zambia, Namibia

WorldVentures™, the direct seller of travel and leisure club memberships, announced that it has expanded into Zambia and Namibia. WorldVentures Marketing (Namibia) Pty Ltd. is now open in Namibia, and WorldVentures Marketing Zambia Ltd. is open in Zambia. Entrepreneurial-minded people in both countries can now earn income by selling the company’s flagship product, the DreamTrips™…

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Thirty-One Gifts to Visit NYC for Holiday Give-Back Events

Thirty-One Gifts to Visit NYC for Holiday Give-Back Events

Company representatives and sales leaders from Thirty-One Gifts are visiting New York City for two days of give-back events Nov. 27–28. Thirty-One’s philanthropic division—Thirty-One Gives—is leading the trip and invited the company’s sales leaders to join them to be part of the celebration to serve and support several nonprofit organizations. A total of 189 sales…

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Mannatech Reports Q2 Net Sales Down 5.3%

Flower Mound, Texas-based Mannatech, Incorporated recently announced financial results for its second quarter of 2018. Net sales were $45.1 million, a decrease of $2.6 million, or 5.3 percent, as compared to $47.7 million in the second quarter of 2017. Mannatech’s operations outside of the Americas accounted for approximately 61.6 percent of its consolidated net sales. Regionally, results included: Asia/Pacific: Net sales…

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Billion Dollar Markets

Record global sales, China inches closer to eclipsing the U.S., and emerging markets gain strength. In 2017, global direct selling recorded US$189.6 billion (2017 constant U.S. dollars) in estimated retail sales—a 1.6 percent increase over 2016. — and up nearly $20 billion since 2014, resulting in a 3.7% compound annual growth rate over the 3-year period…

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Avon Reports Q2 Revenue Down 3%

London-based Avon Products, Inc. (NYSE: AVP) today announced its results for the quarter ended June 30, 2018. Total revenue decreased 3 percent to $1.4 billion, or increased 1 percent in constant dollars, both including a benefit of approximately 4 percent due to the impact of adopting the new revenue recognition standard and both including an…

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Young Living Foundation Raises $1 Million for Hope for Justice

Hope for Justice

The D. Gary Young, Young Living Foundation raised more than $1 million to help end modern slavery in Africa during the Young Living Foundation’s Ride for a Reason, Foundation 5k, and other activities. All funds raised will go to support Hope for Justice, a nonprofit that exists to bring about the end of modern slavery by preventing exploitation,…

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Avon Reports “Unsatisfactory” Q1 2018 Results

Avon Products, Inc., a London, U.K.-based global leader in the beauty sector, has announced its results for the quarter ended March 31, 2018. Revenue rose 5 percent to $1.4 billion; however, net loss was $21 million and the number of Avon’s active representatives fell 4 percent, the steepest decline in three years. “Avon’s first-quarter results were unsatisfactory and…

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Mannatech Sales for Q4 2017 Up 8.9%; Down 2% for Year

financial finance

Mannatech Inc., a Coppell, Texas-based health and wellness company, has announced financial results for its fourth quarter of 2017. Fourth quarter net sales for 2017 were $46.4 million, an increase of $3.8 million, or 8.9 percent, as compared to $42.6 million in the fourth quarter of 2016. For the three months ended December 31, 2017,…

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