Posts Tagged ‘Direct Selling News’

Kannaway Announces Updated Branding Strategy, New Website

rebranded

Medical Marijuana, Inc. announced that its subsidiary Kannaway® has launched a completely redesigned website and the rebranding of its globally recognized hemp-derived cannabidiol (CBD) products. The company hopes that consumers will find the new website easier to navigate for access to the products and CBD education that fits their unique lifestyles. Kannaway’s rebranded products are designed to be…

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California Assembly Bill 5 Approved

California Bill

California lawmakers approved a sweeping employment law bill on Wednesday that would force a variety of industries, including the gig economy, to provide benefits to independent contractors. Direct sellers are excluded from the decision. Assembly Bill 5, introduced in January by Rep. Lorena Gonzalez, codifies and expands a landmark state supreme court ruling from last…

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LifeVantage Added to Russell 3000 Index

Russell 3000 Index

LifeVantage Corporation announced it has been added to the Russell 3000® Index following the annual reconstruction, effective after the market opened on July 1. Annual reconstitution of the Russell US Indexes captures the 4,000 largest US stocks as of May 10, ranking them by total market capitalization. Membership in the Russell 3000 Index, which remains in place for one…

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The Way Forward

In 2011, the Houston Astros were a struggling franchise with a new general manager, Jeff Luhnow. Some thought he was an unusual choice—he had more of a business background than a successful baseball resume. Jeff introduced high-tech tools and analytics and combined data with baseball IQ. In four years, they played in the post-season after…

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The Evolving Retail Landscape and the Five Ways Direct Selling Can Achieve Sustained Growth

DSA’s 2019 Growth & Outlook Survey results were just released, and after two years of modest decline, direct selling returned to growth, achieving $35.4 billion in estimated retail sales. Riding on the tailwinds of strong macroeconomic conditions, the direct selling channel is well-positioned to achieve accelerated and sustained growth if it addresses the following: Revisiting…

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The China Conundrum

China

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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SimplyFun’s Nite Lights Draws Recommendation from Mensa Mind Games

Nite Lights

SimplyFun’s strategy and spatial reasoning game Nite Lights has been chosen as one of 12 new games to earn a recommendation from American Mensa Mind Games®. Nite Lights was praised by the Mensa judges with reviews that said, “Great concept and playable at all levels. Aesthetically pleasing with easy instructions,” and “fun multi-level strategy game. Very unique concept.” “Our…

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Nu Skin Participates In Global Humanitarian Effort To Celebrate 35th Anniversary

The company’s Force for Good Day projects support the Nu Skin Force for Good Foundation’s mission to improve children’s health, education and economic circumstances. This year at Nu Skin’s global headquarters, employees and their families are providing service in the local community at libraries, schools, parks, recycling centers and nonprofit organizations. Employees will paint, clean-up and…

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Kannaway Names Peter Dale As General Manager of Japan Division

Kannaway has appointed Peter Dale as General Manager of its Japan division slated to officially launch later this year. Cannabidiol (CBD) products have been legal on a federal level in Japan since 2016, and have been available for retail purchase. Dale brings more than 40 years of consistently proven leadership experience at large corporations such as Neora International, Javita Japan, Waiora,…

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DSA Announces 2019 Awards Winners

In conjunction with its annual meeting, the U.S. Direct Selling Association (DSA), announced top honors to the industry’s standout companies at its 2019 DSA Awards gala in Austin, Texas. In addition, the Direct Selling Education Foundation(DSEF) announced three new inductees to its prestigious Circle of Honor. DSA Awards DSA Awards recognize the outstanding programs DSA…

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