Herbalife Nutrition’s recently released Asia Pacific Entrepreneurship Survey 2019 revealed that seven in 10 (71%) of consumers in the region aspire to own a business. Conducted in April 2019, the study showed the desire to become an entrepreneur being the strongest among those in Indonesia (96%), the Philippines (92%), Thailand (89%) and Malaysia (86%). In addition, the majority (54%) of people in Asia Pacific believe that working on […]
The World Federation of Direct Selling Associations (WFDSA) earlier this month released business results for 2018. According to WFDSA: Global estimated retail sales for 2018 were a record $192.9 billion, an increase of 1.2% over 2017. Compound annual growth rate for the period from 2015 through 2018 was 1.7%, showing sustained growth over time. The […]
A Bilateral trade agreement could result in the elimination of Japanese tariffs on U.S. nutritional supplements, as well as serve to strengthen Japan’s direct selling market. In our global world, free trade is critical in order to expand our markets. Last year, following the conclusion of negotiations on the U.S. Mexico, Canada Agreement (USMCA), the […]
The global beauty and personal care products market size is anticipated to reach $716.6 billion by 2025. According to a new report by Grand View Research, there are four key factors that are expected to drive a CAGR of 5.9 percent in the market over the forecast period: Growing preference for natural and organic personal care (NOPC) products Increasing […]
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 […]
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 […]
Sandy, Utah-based LifeVantage Corporation recently announced financial results for its third quarter ended March 31, 2018. The company reported revenue of $50.6 million, a 12.3 percent increase year over year as compared to $45.0 million in the third quarter of fiscal 2017. Revenue in the Americas increased 10.6 percent and revenue in Asia/Pacific & Europe increased 18.0 percent, including a 10.1 percent increase in Japan, both on a […]
Photo: Amway Artistry at New York Fashion Week Perfect Corp., a San Jose, California-based developer of the YouCam Makeup app, has initiated a global partnership with direct selling giant Amway for the launch of a mobile application to enhance the consumer shopping experience for their beauty brand Artistry. Through the use of YouCam Makeup’s award-winning augmented reality […]
Natural Health Trends Corp., a Rolling Hills Estates, California-based company that markets personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, total revenue of $46.1 million decreased 26 percent compared to $62.3 […]
Amway, the world’s largest direct selling company, has reported sales of $8.6 billion for the year ending Dec. 31, 2017. The Ada, Michigan-based company achieved sales gain in several key markets, including South Korea, Thailand, Russia and India. Total sales in the second half of 2017 grew by 3 percent, compared to same period of the […]
ARIIX, a Bountiful, Utah-based company that promotes healthy, toxin-free living, has promoted Kunio Miyagi to general manager, Japan. Miyagi most recently served as sales and marketing executive director. “I could not be more proud to promote from within the ARIIX family,” said COO and Founder Riley Timmer. “Kunio has more than proven his capabilities to […]
LifeVantage Corp., a Sandy, Utah-based health and wellness company, has commenced a cross-border e-commerce model that leverages social marketing in China, making LifeVantage products available for the first time throughout the country. Select LifeVantage products will be available for purchase throughout China via a secure e-commerce website hosted in China. Products will be shipped directly […]