D. Gary Young, who passed away on May 12, 2018, was the amalgam of a life spent overcoming tremendous adversity—poverty, disabling injury, ridicule and a harsh upbringing fostered in him an unstoppable desire to help others in need. Through Young Living, the company that he and wife, Mary, founded in 1994, Gary Young built a […]
Natural Health Trends Corp., a marketer of premium quality personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the first quarter ended March 31, 2018. Total revenue of $52.4 million decreased 13 percent compared to $59.9 million in the first quarter of 2017 and increased 14 […]
Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]
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, […]
Lehi, Utah-based Young Living Essential Oils Thursday announced that its 2017 sales surpassed $1.5 billion. The company has surpassed $1 billion in sales in each of the past three years and its revenues have grown 800 percent over the past five years. “This significant milestone is a testament to the increased knowledge and education of the benefits of […]
Thirty-One Gifts is committed to empowering women—whether consultants, customers, or young girls struggling with confidence and other issues. This passion to help women is driven by Founder and CEO Cindy Monroe, who began the company 15 years ago in her basement. Thirty-One specializes in personalized handbags, totes, duffle bags, lunch bags and other carryall products. […]
“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” —Benjamin Franklin Mr. Franklin’s words can be applied to any of his roles: newspaper publisher, inventor, postmaster, statesman and humorist. But his words have an especially keen meaning for DSA’s ethics and self-regulation program that has been a guiding force […]
Tupperware Brands Corp.’s Board of Directors has elected Patricia A. Stitzel to the position of president and CEO, effective May 9, 2018. Stitzel will succeed current Tupperware CEO Rick Goings, who will serve as executive chairman and focus on the successful transition and leadership of the company’s purpose-centered initiatives. Stitzel has served as the company’s […]
SimplyFun LLC., a Bellevue, Washington-based publisher of award-winning educational board games, has reported that for fiscal year ending December 31, 2017, the company doubled sales and tripled the number of new Independent Consultants joining the salesforce over 2016. The company attributed the growth to key strategic initiatives, including the execution of a new brand strategy […]
Herbalife Ltd., a Los Angeles, California-based health and wellness company, has created its first-ever “China Growth and Impact Investment Fund” to stimulate the development of its business and accelerate growth in China as well as help address challenging public-policy issues such as the rise in obesity. Funds for this new initiative were granted to Herbalife Nutrition by governments in China as part of […]
Plexus Worldwide, a Scottsdale, Arizona–based health and wellness company, has named Susie Rockway, Ph.D., as Chief Science Officer. Rockway will be responsible for research and development, product innovation, claims substantiation and medical affairs. “Dr. Rockway is a well-known and respected nutritional scientist who remains active in academic research, contributing to numerous journals and publications,” said Chief Marketing Officer Cindy […]
Dallas, Texas-based Stream (formerly Stream Energy), a provider of connected life services, recently launched its line of energy services, in addition to wireless, protective and home services, in Delaware. This is the company’s second energy expansion in 2017, following the opening of the Illinois market in September. Delaware is the eighth state added to Stream’s […]