Photo: Sydney Harbour, Australia. Direct Selling Australia, the country’s leading representative body for retail direct selling, recently announced the winners of the 2018 DSA Industry Awards during its 51st Annual Conference – Experience It. The awards, which were presented by Australian television personality and model Nicky Buckley, recognized the achievements of member companies transforming the lives of those […]

In this issue: List of Top 100 Companies DSN Welcomes Executives and Guests to its Global 100 Evening of Celebration Global Good: Why Direct Selling Succeeds Beyond Our Borders 5 Best Practices for Making It Work in the Global Market Frequently Asked Questions about the Global 100 Ranking Bravo Legacy Award: D. Gary Young: A […]

Photo: DSA President and CEO, Joseph N. Mariano with 2018 Hall of Fame honoree Jeffrey Reigle, President and Chief Executive Officer, Regal Ware Inc. The U.S. Direct Selling Association (DSA), the national trade association for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, announced the winners of the prestigious 2018 DSA […]

The Direct Selling Association (DSA) Annual Meeting’s general sessions kicked off today with a focus on sharing best practices for the direct selling industry and exploring new ways to continue developing “America’s Original Entrepreneurs.” The event will run through tomorrow at the Marriott Marquis San Diego Marina in San Diego. “Direct selling is poised to be […]

In its ongoing support of the American Red Cross, and to help bring awareness for the need of blood donors, Los Angeles-based Herbalife Nutrition recently announced its support for the American Red Cross #MissingType campaign. Through July 3, Herbalife Nutrition will join the Red Cross and other organizations, celebrities and influencers to remove the letters representing the main blood groups–– A, B and O––from […]

Los Angeles-based Herbalife Nutrition has signed LA Galaxy midfielder and Mexican National Team member Jonathan dos Santos to an exclusive multi-year sponsorship deal as his official sports performance nutrition partner. The deal runs through the 2021 MLS season. “We’re thrilled to be Jonathan’s exclusive sports performance nutrition partner,” said Rich Goudis, CEO of Herbalife Nutrition. “His […]

Last Friday, hedge fund manager Carl Icahn significantly reduced his stake in Herbalife Ltd., causing shares in the Los Angeles-based nutritional company to plunge 9.6 percent. According to a securities filing, Icahn’s fund, Icahn Enterprises (IEP) said it was tendering up to 11.4 million of Herbalife shares, making an approximate 25 percent divestiture of the […]

Los Angeles, California-based Herbalife Nutrition has renewed its multi-year sponsorship with international soccer star, Cristiano Ronaldo, extending their relationship that first began in 2013 to 2021. Through the sponsorship, Herbalife Nutrition will maintain the exclusive rights to promote Ronaldo in connection with the nutrition, wellness and sports performance products category. “Cristiano is in a league of his own as one […]

Los Angeles, California-based Herbalife Nutrition Ltd. has reported financial results for the first quarter ended March 31, 2018. Net sales increased 7 percent over the prior year to $1.2 billion. The company exceeded first quarter net sales guidance as well as the high end of reported and adjusted diluted EPS guidance by 18 cents and […]

Herbalife Ltd. has commenced a “modified Dutch auction” self-tender offer to purchase in cash up to an aggregate $600 million of shares of its common stock at a per share price not greater than $108.00 nor less than $98.00 (the “tender offer”). The closing price of Herbalife’s common shares on the New York Stock Exchange […]

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 […]

Herbalife Nutrition, a Los Angeles-based health and wellness brand, announced that the Herbalife Family Foundation (HFF) raised $1.8 million at its annual gala fundraiser to support more than 130 nonprofit partners in 50 countries around the world. Through its Casa Herbalife Program, HFF commits ongoing support to its charity partners, which include orphanages, community centers and hospitals, […]