Posts Tagged ‘Middle East’
Billion 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 MoreMannatech Reports Q2 Net Sales Down 5.3%
Flower Mound, Texas-based Mannatech, Incorporated recently announced financial results for its second quarter of 2018. Net sales were $45.1 million, a decrease of $2.6 million, or 5.3 percent, as compared to $47.7 million in the second quarter of 2017. Mannatech’s operations outside of the Americas accounted for approximately 61.6 percent of its consolidated net sales. Regionally, results included: Asia/Pacific: Net sales…
Read MoreBillion Dollar Markets
Record global sales, China inches closer to eclipsing the U.S., and emerging markets gain strength. In 2017, global direct selling recorded US$189.6 billion (2017 constant U.S. dollars) in estimated retail sales—a 1.6 percent increase over 2016. — and up nearly $20 billion since 2014, resulting in a 3.7% compound annual growth rate over the 3-year period…
Read MoreAvon 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…
Read MoreMelanie McGuire Joins SeneGence as Vice President of Global Events
SeneGence International® recently announced that Melanie McGuire has joined the company as vice president of Global Events. She will be responsible for overseeing the strategy, execution and success of the company’s annual events in more than 10 countries. “Melanie’s extensive event expertise is a huge asset to our executive team, and we are grateful to have…
Read MoreAvon 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…
Read MoreMannatech Sales for Q4 2017 Up 8.9%; Down 2% for Year
Mannatech Inc., a Coppell, Texas-based health and wellness company, has announced financial results for its fourth quarter of 2017. Fourth quarter net sales for 2017 were $46.4 million, an increase of $3.8 million, or 8.9 percent, as compared to $42.6 million in the fourth quarter of 2016. For the three months ended December 31, 2017,…
Read MoreWorld’s First Direct Seller of Camel Milk Products Launches
Camel Life, America’s newest entry into the direct sales space, is launching today. The Wellington, Florida-based company has been strategically planning its direct selling debut for more than a year. Camel Life will launch with 14 products and has more than a dozen products in development. Product offerings at launch include shower gels, foaming soaps,…
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