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Monday / March 20. 2023
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Nikken to Close European Operations 
Nikken to Close European Operations 
Nikken, a direct sales company founded in Japan in 1975, announced it will close its operations in Europe effective March 31, 2023.
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Nature’s Sunshine Q3 Net Sales Consistent with 2018
Nature’s Sunshine Q3 Net Sales Consistent with 2018
Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported relatively consistent sales for the third quarter ended September 30, 2019 compared with the third quarter of 2018. Net sales of $88.5 million decreased 0.3 percent compared to $88.8 million in the third quarter of 2018. Regionally, net sales were (in thousands): Asia – $33,717, down 1.0% from […]
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Billion Dollar Markets
Billion 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 […]
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Tupperware Q2 Sales Down 11%
Tupperware Q2 Sales Down 11%
Tupperware Brands Corporation (NYSE: TUP) announced second quarter 2019 operating results. Second quarter 2019 sales were $475.3 million, down 11 percent, and local currency sales were down 7 percent. “Overall, the business fell short of our expectations in some markets as geopolitical concerns and lower consumer spending headwinds in two of our key markets resulted in […]
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LifeVantage Launches in Belgium
LifeVantage Launches in Belgium
LifeVantage (LFVN)  opened for business in Belgium, marking the company’s third European market launch in as many months. “Our expansion strategy in Europe has been deliberate and aggressive, particularly this calendar year,” said LifeVantage CEO Darren Jensen. “It’s indicative of the traction the LifeVantage biohacking movement continues to gain in that part of the world, […]
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LifeVantage Launches in Spain
LifeVantage Launches in Spain
LifeVantage announced that it is expanding its footprint in Europe by launching in Spain. The new market opened as part of the company’s European Leadership Academy in Barcelona. Spain is open for both distributor enrollments and customer orders. LifeVantage will initially offer select products, including its flagship Protandim Nrf2 Synergizer® supplement. “We are extremely pleased with […]
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Scentsy Teams Up with Alex’s Lemonade Stand Foundation
Scentsy Teams Up with Alex’s Lemonade Stand Foundation
Scentsy has announced that it has teamed up with Alex’s Lemonade Stand Foundation in the fight against childhood cancer. Scentsy’s new charitable cause warmer, When Life Gives You Lemons, is poised to bring a little light, warmth and hope to the families of children battling cancer. Twice each year, Scentsy, a leader in international fragrance, creates […]
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Oriflame Local Currency Sales Up for 2018; Euro Sales Down
Oriflame Local Currency Sales Up for 2018; Euro Sales Down
Switzerland-based cosmetics giant Oriflame recently reported sales results for the fourth quarter of 2018 and the full-year 2018. For the three months ended December 31, 2018: Local currency sales increased by 1% and Euro sales decreased by 3% to €370.3m (€380.1m). Euro sales amounted to €359.3m* in accordance with IFRS. Number of registered actives increased […]
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Stella & Dot to Exit European Market
Stella & Dot to Exit European Market
According to a BBC report, US direct seller Stella & Dot is ending its operations in Europe. Several UK sales reps, some of whom host parties to sell jewelry, say they have been messaged by the firm to say it has been hit by declines in the value of the pound and euro. Messages have […]
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Direct Selling vs. The Gig Economy
Direct Selling vs. The Gig Economy
What used to be friendly territory is now a battleground. The gig economy is no longer an outlier. According to a recent McKinsey Global report titled Independent Work: Choice, Necessity and the Gig Economy found that 162 million people in Europe and the United States—or 20 to 30 percent of the working-age population—engage in some […]
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Kannaway Holds European Grand Opening
Kannaway Holds European Grand Opening
Medical Marijuana, Inc. recently announced that its subsidiary Kannaway held its official European Grand Opening in Prague on Nov. 17-18. Kannaway, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, will also launch several new hemp and CBD hemp oil products at the event, further broadening its product line offerings in Europe. “There is great opportunity for us […]
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Nature’s Sunshine Q3 Net Sales Down 0.5%
Nature’s Sunshine Q3 Net Sales Down 0.5%
Nature’s Sunshine Products, Inc. (NASDAQ: NATR reported financial results for the third quarter ended September 30, 2018. Net sales of $88.8 million decreased 0.5 percent compared to $89.3 million in the third quarter of 2017. On a local currency basis, net sales decreased 0.4 percent compared to 2017. The decline was primarily related to $2.8 […]
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