Posts Tagged ‘Malaysia’

QNET – 21 Years of Empowering Entrepreneurs

QNET

The Beginning QNET was founded in 1998 in the aftermath of the Asian Financial Crisis, and the heels of the dotcom crash that turned many local Asian economies upside down. It was a time of turmoil in more ways than one for a group of young Asian entrepreneurs who were reeling from having just discovered…

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Herbalife Survey: 7 in 10 People in Asia Pacific Aspire to Be Business Owner

Asia Pacific

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…

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WFDSA Reports Record 2018

WFDSA

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…

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Global 100 Celebration

Global 100 Celebration

Executives, guests join DSN to honor channel’s best at 10th anniversary Global 100 celebration. The annual DSN Global 100 Celebration recognizes the direct selling channel’s proud history of providing individuals from all walks of life with unparalleled opportunities for entrepreneurship and personal development. The event also showcases the impact and growth potential of the $189.6…

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Herbalife Nutrition Foundation 25th Celebration Raises $1.5 Million

Herbalife Nutrition

Celebrating its 25th anniversary, the Herbalife Nutrition Foundation (HNF) continues its mission to positively impact the lives of children, raising $1.5 million during its annual gala. The annual fundraiser, held this year in Singapore, supports the Casa Herbalife Nutrition program, which was established in 2005 and currently serves more than 140 nonprofit partners and close…

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Herbalife Nutrition Foundation to Expand Casa Herbalife Program

Herbalife Nutrition

Herbalife Nutrition Foundation (HNF) announced that it will commit an additional $1 million to expand its Casa Herbalife program. The pledge will help the program, which was established in 2005, expand to more than 20 new community partners who provide access to good nutrition for children all over the world. The program currently serves more than 100,000 children in…

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Avon Products Inc. Appoints Seasoned Industry Executive Bill Rahn to Lead APAC

Bill Rahn

London-based Avon Products, Inc. recently announced the appointment of Bill Rahn to the position of group vice president, Asia Pacific (APAC). In this role, he will oversee the entire APAC region, leading Avon’s business across five markets—China, India, Malaysia, Philippines and Taiwan. “APAC is an attractive, high-priority region with strategic importance for Avon,” said Jan Zijderveld, chief executive officer of Avon. “I am confident that Bill’s proven track record…

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Cosway Launches New Product Lines Diamond Royale and Dignita

Cosway, the Kuala-Lumpur, Malaysia-based direct seller of skin care, personal care and clothing, recently launched two new product lines: Diamond Royale, a premium line of skin care products, and Dignita, a collection of scarves. Diamond Royale is a luxury skin care line from Switzerland. It comprises six products containing the ground-breaking Age Correct Complex and…

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Avon Reports “Unsatisfactory” Q1 2018 Results

Avon Products, Inc., a London, U.K.-based global leader in the beauty sector, has announced its results for the quarter ended March 31, 2018. Revenue rose 5 percent to $1.4 billion; however, net loss was $21 million and the number of Avon’s active representatives fell 4 percent, the steepest decline in three years. “Avon’s first-quarter results were unsatisfactory and…

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Public Direct Sellers End 2017 on a Strong Note

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…

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