The past two years have been a season of resets. Bankruptcies, closures and pivots captured the headlines, but another equally important story has been consolidation. While the word can feel like a euphemism for weakness, the reality is more nuanced.
Shaklee announced it will open operations within New Zealand as a result of its acquisition of Modere assets in the market.
Following its successful acquisition of Modere’s assets, Shaklee has obtained an exclusive licensing agreement for Liquid BioCell Collagen. Shaklee stated that it sought the exclusive license to ensure the best-selling product would continue to be available to customers.
Shaklee announced it has acquired “substantially all” of Modere’s business. This acquisition includes Modere’s rights to all trademarks, patents and formulas for all Modere products and the exclusive license to sell Liquid BioCell Collagen.
After more than two decades in business, Modere has officially announced it will be closing its doors. The company shared the news in a heartfelt statement on its website, expressing gratitude to its community.
Modere announced the beta launch of its Brand Partner Program in the United Kingdom. The program was designed with the intention to enhance flexibility for social sellers and broaden access to income opportunities.
Modere announced it has expanded into Poland as part of its strategic growth plan and commitment to bringing “safe, effective and sustainable products to consumers around the world.”
For the second consecutive year, Modere has been named a Newsweek Top 100 Most Loved Workplaces, ranking 91st overall and fifth in the consumer products sector.
A new study is quantifying the direct selling industry’s impact on the economy of Utah, a measurement that has never before been documented. In An Economic Analysis of Utah’s Direct Selling Industry, a 24-page white paper authored by Senior Research Economist Levi Pace for the Kem C. Gardner Policy Institute at the University of Utah, Pace details 19 months of data collection and surveys.
Modere Chief Executive Officer Asma Ishaq was recognized as the winner of Ernst & Young’s Entrepreneur of the Year 2022 Pacific Southwest Award. This award is given to forward-thinking leaders of high-growth companies.
For the third consecutive year, Modere has been named to the list of the 50 Fastest Women-Owned/Led Companies, a prestigious group selected by the Women Presidents Organization and J.P. Morgan Chase.
Modere, which debuted with a third-place ranking on the 2020 list of the 50 Fastest Growing Women-Owned/Led Companies, has been named the top company for 2021.