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 […]
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 […]
Photo: Financial district in Taipei, Taiwan Sandy, Utah-based LifeVantage Corporation announced today that it has further expanded its footprint in Asia by opening for business in Taiwan. The company formally kicked off operations in Taiwan in conjunction with a successful market launch event on June 24 in Taipei. “We are excited about Taiwan’s potential and are committed to the long-term success of this market as part of […]
A new report from Mintel, one of the world’s largest market intelligence firms, provides insight into skin care shopping trends in China. According to the report, while China’s cosmeceuticals market is currently quite diversified and fragmented, it appears cosmeceutical products are resonating more and more with Chinese consumers. Mintel’s research reveals that as many as […]
Find the local direct selling association. “The national DSA will have detailed knowledge of how the market works and can inform companies which legal regulations apply,” says Katarina Molin, executive director at Seldia, the European Direct Selling Association. Hire native speakers. Someone who knows the language from the inside will help you avoid faux […]
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 […]
Grand View Research Inc., a U.S.-based market research and consulting company, released a new report stating the global organic personal-care market size is expected to reach $25.1 billion by 2025, exhibiting a 9.5 percent CAGR during the forecast period. Growing demand for organic and natural hair-care, skincare and cosmetic products is expected to augment market growth over […]