Posts Tagged ‘Latin America’

Nature’s Sunshine Q3 Net Sales Consistent with 2018

Nature’s Sunshine Q3

Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported relatively consistent sales for the third quarter ended September 30, 2019 compared with the third quarter of 2018. Net sales of $88.5 million decreased 0.3 percent compared to $88.8 million in the third quarter of 2018. Regionally, net sales were (in thousands): Asia – $33,717, down 1.0% from…

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Thirty-One Gifts Teams Up Again with World Vision for Giving Tuesday

Giving Tuesday

On Giving Tuesday, Thirty-One Gifts and World Vision are once again joining forces to help even more people in need. Any gift given to World Vision on Giving Tuesday, December 3, will be matched with a donation of product up to $1 million from Thirty-One Gifts—helping communities around the world with items to support new…

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Nature’s Sunshine Announces Restructure of Global Business Units

global business units

Nature’s Sunshine Products, Inc. recently announced the restructure of its global business units as well as the appointment of new executives. The company’s restructure of its global business units included creating four regional Operating Business Units (OBUs) to further align and target regional strategies driving synergies in product, organizational and go-to-market capabilities across both the…

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The af Jochnick Family Offers $1.3 Billion for Oriflame

Oriflame

Swedish cosmetics giant Oriflame recently announced it has received an offer valuing it at $1.3 billion from the af Jochnick family that founded it back in the 1960s. By proposing a 35 percent premium over Tuesday’s closing price, the family is hoping to build on the roughly 30 percent stake it already has in Oriflame…

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Natura & Co Up 36% for Year

Natura & Co Up 36% for Year

Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive…

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Avon Products, Inc. Announces Partnership to Deliver Global Training Platform

Avon partnership with Fuse Universal

Avon Products, Inc. has announced a partnership with Fuse Universal (Fuse), a leading provider of next-generation learning technology, to create a global training platform. The initiative supports a central pillar of Avon’s transformation plan to digitize its business and accelerate the selling and earning power of Avon’s millions of Representatives worldwide. The partnership is one element of Avon’s business strategy to…

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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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Immunotec: A Celebration of Science and Happiness

Immunotec has quite a compelling story to tell. Its 20-year history is rooted in groundbreaking scientific research and product innovation, which began 40 years ago in Canada. Immunotec Founded: 1996 Headquarters: Vaudreuil-Dorion, Canada Top Executive: CEO, Mauricio Domenzain 2017 Revenue: $101.5 Million Products: Immune-Boosting Supplements But the story isn’t over—by a longshot, according to new CEO Mauricio Domenzain. A…

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Mary Kay Expands Latin America Presence with Unveiling of Peru Headquarters

Dallas, Texas-based Mary Kay Inc. has opened in Peru. The cosmetics giant celebrated with a ribbon-cutting ceremony on Sept. 15 in Lima. With a 54-year history, and operations in nearly 40 countries, this expansion strengthens Mary Kay’s already solid foundation in Latin America. The globally recognized company, with millions of Independent Beauty Consultants around the…

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