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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]