Posts Tagged ‘Direct Selling News’

Youngevity Completes Acquisition of Assets of Khrysos Global

Youngevity International, Inc. (YGYI) announced that it completed the closing of the acquisition of all the assets of Khrysos Global. This acquisition of the Tampa, Florida based manufacturer of hemp-based CBD extraction equipment is expected to establish YGYI ‘s newly formed, wholly owned subsidiary, Khrysos Industries, Inc., as a global player in the field-to-finish hemp-CBD oil, isolate and…

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Natura & Co Up 36% for Year

Natura & Co Up 36% for Year

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…

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Natural Health Trends Down 3% for 2018

Natural Health Trends Down 3%

Natural Health Trends Corp. (NASDAQ: NHTC), a direct-selling and e-commerce company that markets under the NHT Global brand, recently announced its financial results for 2018. For the fourth quarter ending December 31, 2018, total revenue was $41.6 million, decrease of 10 percent compared to $46.1 million in the fourth quarter of 2017, and a decrease of…

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WorldVentures Expands to the Philippines

WorldVentures Expands to the Philippines

WorldVentures recently announced that it has recently opened in the Philippines. “Thanks to our leadership team, we can offer more people around the world the opportunity to live with purpose and take advantage of a membership built on unforgettable experiences,” CEO of WorldVentures Josh Paine said. “As we expand into new markets, we continue to develop our…

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Nu Skin Q4 2018 Sales Up 3%; Up 18% for Year

Nu Skin Building

Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth-quarter and 2018 financial results. Revenue for the fourth quarter ending December 31, 2018 was $693.3 million, up 3 percent from the fourth quarter of 2017. “We delivered another strong quarter despite a challenging comparison from the $130 million LumiSpa introduction in the prior year,” said Ritch Wood,…

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Kathleen Earle Named MyDailyChoice/Hempworx COO

kathleen earle

Las Vegas-based MyDailyChoice/Hempworx recently announced that Kathleen Earle has been appointed chief operating officer. In her new role, Earle will be responsible for building the processes and structure to support the growth of founders Josh and Jenna Zwagil, including a new home office. Earle is a 25-year veteran of the network marketing industry. She was…

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Hendrick Motorsports Names AdvoCare Official Nutrition Partner

Hendrick Motorsports Names AdvoCare Official Nutrition Partner

Hendrick Motorsports recently announced that the team has aligned with health and wellness company AdvoCare as its official nutrition partner through the 2020 season. AdvoCare’s suite of nutritional and sports performance products will be used by HMS’s pit crews and teams in the NASCAR Cup series. The company’s products will be used in the team’s…

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Direct Selling-Style Retail Expected to Thrive in UK in 2019

Retailers using a business model similar to Tupperware parties or Avon’s door-to-door selling are expected to see strong growth in the UK this year. According to a story in the Retail Gazette, an independently sourced news organization covering the UK’s diverse retail industry, the UK Direct Selling Association (DSA) said it expected to see strong growth within the…

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Amway Reports 2018 Sales of $8.8 Billion

Amway announced sales of $8.8 billion for the year ending December 31, 2018, a 2 percent increase over 2017 sales numbers. The company said growth was broad-based across many of its top markets including China, the U.S., Thailand and India. “Amway’s growth in sales is a result of our sharp focus on the experience Amway…

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Avon CEO Rings Closing Bell at NYSE

Avon CEO Rings Closing Bell

The New York Stock Exchange recently welcomed Avon Products Inc. (NYSE: AVP) to celebrate more than 130 years of championing economic empowerment for women around the world. Avon CEO Jan Zijderveld was invited to ring the closing bell. He was joined by several Avon executives and guests. The 133-year-old Avon was founded in 1886 by…

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