Posts Tagged ‘Asia-Pacific’

USANA Q3 Net Sales Up 13.4%; Tupperware Down 10%

Finance Financial Results Growth

USANA Health Sciences, Inc. (NYSE: USNA) and Tupperware (NYSE: TUP) have announced financial results for the third quarter of 2018. USANA USANA net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4 percent increase year-over-year. The company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The company’s total…

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Herbalife Named Corporate Partner for UN Responsible Business Forum

United Nations

Herbalife Nutrition has been named a corporate partner for the United Nation’s Responsible Business Forum on Sustainable Development 2018. This is the third consecutive year the Los Angeles based company has supported the UN’s Sustainable Development Goals (UNSDG). Organized by Global Initiatives and the United Nations Development Programme at Marina Bay Sands in Singapore from October 11–12, the forum…

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WorldVentures Appoints Enrico Garcia as New SEA Emerging Markets Manager

Enrico Garcia

Plano, Texas-based WorldVentures recently announced the appointment of Enrico Garcia as emerging markets manager for Southeast Asia (SEA). “We’re bringing in new leadership to ensure every touch-point of our business delivers personalized, region-specific service that our members and representatives expect from a world-class global organization,” said CEO Josh Paine. “Enrico’s expertise allows us to go…

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Herbalife Study Reveals Time-Starved Consumers Skip Breakfast

Los Angeles-based Herbalife Nutrition, in conjunction with National Breakfast Month, announced the results of its Healthy Breakfast Survey of more than 8,000 global consumers. The survey about breakfast attitudes and consumption habits, which can have serious health implications for consumers, revealed that while 95 percent of respondents acknowledge the importance of eating breakfast, nearly 50 percent don’t…

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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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Q2 Net Sales Up 12% for Herbalife

Los Angeles-based Herbalife Nutrition Ltd. Yesterday announced financial results for the second quarter ended June 30, 2018. Net sales of $1.3 billion increased 12 percent compared to second quarter 2017. Volume points of 1.5 billion, the highest amount to be recorded in a quarter in company history, increased 12 percent compared to the prior 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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Forecast for Global Anti-Ageing Product Market Is Promising

Direct sellers with anti-aging products can expect to see continued growth over the next six years according to a new report from ResearchAndMarkets.com. The market research store today released “Anti-Aging Product Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024,” a study on the anti-aging product market that covers analysis of the leading…

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Avon Products Inc. Appoints Seasoned Industry Executive Bill Rahn to Lead APAC

Bill Rahn

London-based Avon Products, Inc. recently announced the appointment of Bill Rahn to the position of group vice president, Asia Pacific (APAC). In this role, he will oversee the entire APAC region, leading Avon’s business across five markets—China, India, Malaysia, Philippines and Taiwan. “APAC is an attractive, high-priority region with strategic importance for Avon,” said Jan Zijderveld, chief executive officer of Avon. “I am confident that Bill’s proven track record…

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Herbalife Net Sales Up 7% in First Quarter 2018

Herbalife Building

Los Angeles, California-based Herbalife Nutrition Ltd. has reported financial results for the first quarter ended March 31, 2018. Net sales increased 7 percent over the prior year to $1.2 billion. The company exceeded first quarter net sales guidance as well as the high end of reported and adjusted diluted EPS guidance by 18 cents and…

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