Posts Tagged ‘Mexico’
Plexus Expands Distribution in Calgary
After a successful 2018 launch in Canada, Plexus Worldwide is expanding availability with a second 3PL Distribution Centre in Calgary. This is an extension of the first global market Plexus entered, which was followed by Australia and in 2020 will be followed by Mexico. Plexus selected Calgary for its’ second 3PL Distribution Centre (the first distribution Centre opened in Toronto in March 2018) as part of the…
Read MoreFITTEAM Global Launches in Mexico
Healthy lifestyle brand FITTEAM Global announced it has launched its flagship product, FITTEAM FIT, in Mexico. “We are very excited that FITTEAM is expanding into the Latin American market,” said CEO Chris Hummel. “We are excited to offer our Brand Partnership program to individuals and families looking for a life-changing opportunity.” FITTEAM has headquarters in…
Read MoreOriflame to Position as Healthy Lifestyle Brand, Focus on Wellness
Swedish direct selling company Oriflame, known for its skincare and wellness products, has been focusing on expanding its portfolio to wellness for the last few years. According to CEO and President Magnus Brannstrom, the company wants to position itself as a healthy lifestyle brand and focus on routine products that people use for their well-being.…
Read MoreSeneGence Expands into Hong Kong
Global beauty brand SeneGence International announced that it has launched in Hong Kong. The Foothill Ranch, California-based company is offering preliminary opportunities for new Distributors to join the company for a limited time only. The full Distributor benefits model will become available at the beginning of 2020. “SeneGence’s global expansion is bringing our products and…
Read MoreAvon Unveils New R&D Lab in Mexico
Avon Products Inc. recently announced a new research and development lab in Mexico. Operating as part of Avon’s global R&D network, the new lab at the Celaya plant in Mexico will allow the brand to maximize local innovation opportunities. According to the company, being closer to local consumers and trends as well as Avon’s local marketing…
Read MoreDD3, Betterware Enter into Definitive Agreement to Merge
DD3 Acquisition Corp. (Nasdaq: DDMX), a publicly traded special purpose acquisition company and Betterware de Mexico, a leading direct-to-consumer selling company in Mexico, announced today they have entered into a definitive agreement to merge. The combined company will operate as “Betterware” and is expected to remain publicly listed on Nasdaq. The transaction implies an initial enterprise value of…
Read MoreHerbalife Reports Q2 Net Sales of $1.2 Billion
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our…
Read MoreBillion Dollar Markets
It was another record year for the direct selling industry, which garnered $192.9 billion (constant U.S. dollars) in estimated retail sales globally in 2018—a 1.2 percent increase over 2017—and produced 24 Billion Dollar Markets, according to research by the World Federation of Direct Selling Associations (WFDSA), its partner DSAs and direct selling companies around the…
Read MorePlexus Worldwide to Expand into Mexico in 2020
Plexus Worldwide recently announced it will expand into Mexico in early 2020, making it the company’s fourth market along with the U.S., Canada and Australia. Plexus’ Mexico headquarters will be in Guadalajara where its warehouse and office space will be located. Local staff are being hired to help grow Plexus’ presence and introduce the line of…
Read MoreWFDSA Reports Record 2018
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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