LifeVantage Corporation (Nasdaq: LFVN) reported financial results for its second quarter ended December 31, 2018. Revenue increased 17.6% to $58.2 million year over year and 4.6% sequentially; Revenue in the Americas increased 15.0% year over year and 3.3% sequentially. Revenue in Asia/Pacific & Europe increased 25.0% year over year and 8.2% sequentially; Active members increased 8.2%, including independent distributor growth of 6.5% and active customer […]
Avon Products, Inc. (AVP) announced it has entered into a definitive agreement with TheFaceshop Co., Ltd., for its manufacturing operation in China. TheFaceshop Co., Ltd., a subsidiary of LG Household & Health Care Ltd., one of Asia’s largest consumer goods and beauty companies, will acquire all of the shares of Avon’s Beauty manufacturing operation in Guangzhou. Net proceeds to […]
The global beauty and personal care products market size is anticipated to reach $716.6 billion by 2025. According to a new report by Grand View Research, there are four key factors that are expected to drive a CAGR of 5.9 percent in the market over the forecast period: Growing preference for natural and organic personal care (NOPC) products Increasing […]
Young Living Essential Oils recently celebrated its official expansion into China. To celebrate the availability of its products there, the company held a ribbon-cutting ceremony at the new Young Living Guangzhou Experience Centre in Guangzhou, China, on October 19. “Making our products available in China is a major step toward fulfilling Gary Young’s mission to […]
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 […]
Next month, the U.S. Senate and House of Representatives are expected to meet to reconcile differences in their versions of the Farm Bill. One of the key points to be considered, the legalization of industrial hemp, is being carefully monitored by several direct selling companies looking to take part in what is expected to be […]
Throughout history, high importance has been placed on the number seven. Seven is said to represent completeness and the aspect of things well done. ARIIX Founded: 2011 Headquarters: Bountiful, UT Top Executive: Fred Cooper, Founder and CEO Products: Toxin-free supplements, weight loss, air/water purification, skincare, personal care and essential oils products. Annual Revenue: $178 Million With […]
It’s August, and you all know what that means, right? Yes, it’s our Billion Dollar Markets issue. Each year we provide you with an analysis of the World Federation of Direct Selling Associations’ global sales data. Writer Beth Douglass Silcox identifies the 24 countries with retail sales of $1 billion or more from direct selling. She […]
Nu Skin Enterprises, Inc. announced strong second-quarter financial results with revenue of $704.2 million, up 28 percent over the prior-year period, which was $550.1 million. “We continue to successfully execute on our customer growth strategy centered on engaging platforms, enabling products and empowering programs, which led to accelerated growth,” said Ritch Wood, chief executive officer. “Our customers […]
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, […]
Orlando, Fla.-based Tupperware Brands today reported its financial result for the second quarter of 2018. Net sales were $535.4 million, down 7 percent (4% local currency), including a 2-point impact from the 2017 closure of Beauticontrol and the combination of the NaturCare and Tupperware businesses in Japan. Emerging markets, accounting for 71 percent of sales, were down 5 […]
SeneGence International® recently announced that Melanie McGuire has joined the company as vice president of Global Events. She will be responsible for overseeing the strategy, execution and success of the company’s annual events in more than 10 countries. “Melanie’s extensive event expertise is a huge asset to our executive team, and we are grateful to have […]