CADE, Brazil’s anti-trust authority, has approved without restrictions the acquisition by Natura &Co of Avon Products, Inc. Approval by Brazil’s competition authorities is one of the key steps towards the completion of the transaction, which remains subject to the fulfillment of other conditions precedent, including antitrust approval in other applicable jurisdictions. Announced on May 22, 2019, the transaction will create […]
WorldVentures™ recently announced that it has opened in a new global market: Brazil. Since 2015, WorldVentures has hosted 100 DreamTrips in Brazil, accounting for thousands of travelers who visited the country as part of the membership. With the opening of the membership, the company is looking to increase the number of DreamTrips offerings in the country. […]
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 […]
Avon Products, Inc. announced that the Avon Foundation for Women is donating $100,000 to Malala Fund, a charity that champions every girl’s right to 12 years of free, safe, quality education. The donation will be channeled directly to advance education for girls in Brazil, Avon’s largest market. Breaking down the barriers holding women and girls back, to create a better […]
The World Federation of Direct Selling Associations (WFDSA) earlier this month released business results for 2018. According to WFDSA: Global estimated retail sales for 2018 were a record $192.9 billion, an increase of 1.2% over 2017. Compound annual growth rate for the period from 2015 through 2018 was 1.7%, showing sustained growth over time. The […]
Avon and the Avon Foundation for Women have announced nearly 200 scholarships to open up personal development opportunities for Avon Representatives and their families. This year’s program sees the Avon Foundation double its funding from $200,000 to over $400,000 to fuel learning opportunities. The Global Scholarship Program is part of Avon’s global stand4her plan, which aims to improve the lives […]
Looking for the 2021 DSN Global Celebration? The broadcast will take place: VIRTUAL EVENT – MONDAY, APRIL 19, 2021 8:30 PM – 10:00 PM (ET) Executives, guests join DSN to honor channel’s best at 10th anniversary Global 100 celebration. The annual DSN Global 100 Celebration recognizes the direct selling channel’s proud history of providing individuals from […]
Tupperware Brands Corporation and World Central Kitchen recently announced a collaboration centered on reducing the impact of single-use plastic waste in disaster relief efforts by providing in-kind reusable Tupperware® products and logistical support for unforeseen disasters around the globe. The collaboration, driven by the collective mission to empower communities and strengthen economies, will afford timely and compassionate meal […]
Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive […]
Avon Products, Inc. (NYSE: AVP) announced the launch of a new partnership with Rappi, an on-demand delivery service. In the initial pilot more than 100 Avon products will be available for two-hour delivery through selected Avon Representatives to customers in São Paulo in Brazil, and Bogotá and Medellin in Colombia. The partnership with Rappi will […]
Natura & Co. recently reported another strong quarter of growth in 2018, with consolidated sales rising by 37.1 percent in Q3, reaching R$3.24 billion. On an adjusted basis, consolidated net revenue grew 16.6 percent in the third quarter of 2018, compared to the same period last year, with strong performance across all three businesses. In […]
London-based Avon Products, Inc. recently announced key milestones in the transformation of its supply chain, fueling greater flexibility and connectivity throughout its supply chain and delivering marked improvement in service quality as well as satisfaction and retention levels for Avon Representatives. Transformation efforts thus far have included leadership appointments, digital applications and operational changes. Leadership Appointment Avon […]