Posts Tagged ‘Europe’

Stella & Dot to Exit European Market

Stella & Dot

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 Logo

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 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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USANA Q3 Net Sales Up 13.4%; Tupperware Down 10%

Finance Financial Results Growth

USANA Health Sciences, Inc. (NYSE: USNA) and Tupperware (NYSE: TUP) have announced financial results for the third quarter of 2018. USANA USANA net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4 percent increase year-over-year. The company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The company’s total…

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Seldia Survey Shows Positive Impact of Direct Selling in Europe

Seldia

A new survey by Seldia shows direct selling continues to contribute to equality, entrepreneurship and growth in Europe. In celebration of its 50th anniversary, Seldia, the European direct selling association, commissioned global market research group Ipsos to do a comprehensive survey into the lives of direct sellers in 2018. The independent study, revealed at Seldia’s…

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Seldia to Celebrate 50th Anniversary

Seldia, the European Direct Selling Association, is celebrating its 50th anniversary this month. Established in 1968 to represent the direct selling industry in Europe, Seldia’s mission is to promote direct selling to European Union (EU) institutions and to ensure that the EU and national policy makers in Europe are aware of the industry’s benefits and advantages,…

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Mannatech Reports Q2 Net Sales Down 5.3%

Flower Mound, Texas-based Mannatech, Incorporated recently announced financial results for its second quarter of 2018. Net sales were $45.1 million, a decrease of $2.6 million, or 5.3 percent, as compared to $47.7 million in the second quarter of 2017. Mannatech’s operations outside of the Americas accounted for approximately 61.6 percent of its consolidated net sales. Regionally, results included: Asia/Pacific: Net sales…

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LR Health & Beauty Names Andreas Friesch New CEO

Andreas Friesch

Ahlen, Germany-based LR Health & Beauty Systems, one of Europe´s leading direct sales companies, today announced that, effective immediately, Andreas Friesch is the company’s new CEO. He succeeds Dr. Thomas Stoffmehl, who leaves the company by mutual agreement. Friesch’s professional experience roots in the European direct sales industry. For 10 years, he led the product…

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Billion Dollar Markets

Record global sales, China inches closer to eclipsing the U.S., and emerging markets gain strength. In 2017, global direct selling recorded US$189.6 billion (2017 constant U.S. dollars) in estimated retail sales—a 1.6 percent increase over 2016. — and up nearly $20 billion since 2014, resulting in a 3.7% compound annual growth rate over the 3-year period…

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