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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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…

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Cosway, the Kuala Lumpur, Malaysia-based network marketing company, is hoping to attract younger consumers with the launch of its first Experience Centre in the capital city’s Berjaya Times Square. The centre, officiated by Deputy Domestic Trade, Cooperatives and Consumerism Minister Datuk Henry Sum Agong and Berjaya Group Founder Tan Sri Vincent Tan, is part of…

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Sandy, Utah-based 4Life Research gathered distributors at the 4Life Malaysia office in Petaling Jaya today for the launch of 4Life™ Essential Oils. Vice President of Marketing Kelly Bellerose introduced 4Life Essential Oils to attendees after Senior Vice President of International Jeff Kalinin and Vice President of International Steve Apple kicked off the event with opening…

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