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USANA Q3 Net Sales Up 13.4%; Tupperware Down 10%
USANA Q3 Net Sales Up 13.4%; Tupperware Down 10%
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 Survey Shows Positive Impact of Direct Selling in Europe
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 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%
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
LR Health & Beauty Names Andreas Friesch New CEO
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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Avon Reports Q2 Revenue Down 3%
Avon Reports Q2 Revenue Down 3%
London-based Avon Products, Inc. (NYSE: AVP) today announced its results for the quarter ended June 30, 2018. Total revenue decreased 3 percent to $1.4 billion, or increased 1 percent in constant dollars, both including a benefit of approximately 4 percent due to the impact of adopting the new revenue recognition standard and both including an […]
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Tupperware Brands Q2 Net Sales Down 7%
Tupperware Brands Q2 Net Sales Down 7%
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 […]
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Melanie McGuire Joins SeneGence as Vice President of Global Events
Melanie McGuire Joins SeneGence as Vice President of Global Events
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 […]
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Forecast for Global Anti-Ageing Product Market Is Promising
Forecast for Global Anti-Ageing Product Market Is Promising
Direct sellers with anti-aging products can expect to see continued growth over the next six years according to a new report from ResearchAndMarkets.com. The market research store today released “Anti-Aging Product Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024,” a study on the anti-aging product market that covers analysis of the leading […]
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Avon Reports “Unsatisfactory” Q1 2018 Results
Avon Reports “Unsatisfactory” Q1 2018 Results
Avon Products, Inc., a London, U.K.-based global leader in the beauty sector, has announced its results for the quarter ended March 31, 2018. Revenue rose 5 percent to $1.4 billion; however, net loss was $21 million and the number of Avon’s active representatives fell 4 percent, the steepest decline in three years. “Avon’s first-quarter results were unsatisfactory and […]
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USANA Expanding into Four New Markets
USANA Expanding into Four New Markets
USANA, a Salt Lake City, Utah-based cellular nutrition company, has announced its upcoming European expansion. On June 20, 2018, the company will open in Romania, Germany, Italy and Spain, increasing its global footprint from 20 to 24 markets worldwide. “Further expansion of USANA in Europe broadens our international reach, and we couldn’t be more excited,” said USANA CEO Kevin […]
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Mannatech Sales for Q4 2017 Up 8.9%; Down 2% for Year
Mannatech Sales for Q4 2017 Up 8.9%; Down 2% for Year
Mannatech Inc., a Coppell, Texas-based health and wellness company, has announced financial results for its fourth quarter of 2017. Fourth quarter net sales for 2017 were $46.4 million, an increase of $3.8 million, or 8.9 percent, as compared to $42.6 million in the fourth quarter of 2016. For the three months ended December 31, 2017, […]
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