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 […]
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 […]
AVEDISCO, Italy’s direct sales and consumer service association, recently announced that 2017 was a profitable year for direct sales. Results show that the direct selling sector achieved excellent results in terms of turnover and employment value in Italy last year: the 38 member companies of AVEDISCO recorded growth of more than 9 percent for a total of over €703 million, and almost […]
Orlando, Florida-based Tupperware Brands Corp. has reported operating results for the fourth quarter 2017. Net sales were $588.6 million, down 2 percent (4 percent local currency). On a comparable basis, adjusting for the impacts of the 53rd week in 2016 and the closure of BeautiControl, local currency sales were estimated to be up 3 percent. Emerging […]
Vorwerk, the Wuppertal, Germany-based seller of household products, won top honors during the recent 44th German Marketing Day. The company received the German Marketing Award 2017 for its Thermomix product, which was first introduced in the 1970s. Thermomix’s overall marketing performance, sales and customer interaction across all communications channels helped it to beat out contenders […]
Founded: 2007 Headquarters: Dallas, Texas Executives: Veeral Rathod, CEO and Co-Founder Products: Custom clothing and accessories J.Hilburn set out to build a better menswear brand and modernize made-to-measure men’s clothing a decade ago. The company and its founding team were powered by possibility and unhindered by the constraints of what they believed to be an antiquated apparel industry. Executives […]