Posts Tagged ‘China’
The Five-Dollar Jewelry Empire
Can five-dollar accessories change the world? Maybe not, but thousands of bargain jewelry-wielding Paparazzi consultants are willing to try. Many of today’s hottest brands had humble beginnings. So too was the genesis of Paparazzi Accessories, an unassuming company turned jewelry powerhouse who began as little more than a pastime for sisters Misty Kirby and Chani Reeve. While…
Read MoreNature’s Sunshine Q2 2019 Net Sales Down Slightly
Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported net sales of $90.7 million for the second quarter ended June 30, 2019. The $90.7 million was a decrease of 0.6 percent from the second quarter of 2018 for the Lehi, Utah-based direct seller, a leading natural health and wellness company engaged in the manufacture and sale of…
Read MoreChina’s 100-Day Action Continues to Impact Herbalife, Nu Skin, USANA
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact…
Read MoreNHT Global Q2 Revenue Down 54%
Natural Health Trends Corp. (NHTC) announced revenue of $23.4 million for the second quarter ended June 30, 2019, a decrease of 54 percent from $50.9 million in Q2 2018. The company did, however, see revenue increase 21 percent compared to $19.3 million in the first quarter of 2019. “While we continued to face challenges in China…
Read MoreHerbalife Reports Q2 Net Sales of $1.2 Billion
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our…
Read MoreBillion 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…
Read MoreAnother Year of Steady Global Growth
We are pleased each year to provide you with analysis of the World Federation of Direct Selling Associations’ global sales data. Writer Beth Douglass Silcox identifies the 24 global markets with retail sales of $1 billion or more from direct selling. She also digs into the 2018 numbers to not only extract the economic impact…
Read MoreFinancial Analysis
Public direct sellers: China issues have direct selling stocks starting 2019 off slowly; rideshare unicorn IPOs banged up in the public markets. China Issues Plague Direct Selling Stocks Our proprietary index of Direct Selling stocks continues to lag the S&P 500 so far this year through mid-May, down 3 percent versus +13 percent for the…
Read MoreBuilding a Distinct, Emotionally Connected Brand
Since 2004, Direct Selling News has been privileged to work with hundreds of direct selling companies in the course of interviewing for our cover story and other feature articles. What we’ve learned is that companies with a great culture lead the way in terms of revenue, growth and retention. In our research, we’ve learned that…
Read MoreThe China Conundrum
What will be the impact of China’s 100-day action on the direct selling channel going forward? Time will tell. When Direct Selling News released its Global 100 list of the top direct selling companies in the world in June, one country was conspicuously underrepresented. China, the second largest direct selling market, had only one company…
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