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.
NewAge, Inc. announced that it has filed for a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.
Nutrifii Renew, NewAge, Inc.’s anti-aging supplement, has been certified by the Cologne List, an independent scientific laboratory that tests products to verify that they are free from substances that are prohibited in competitive sports.
In an SEC filing this week, NewAge, Inc. announced that the board of directors and Chief Executive Officer Brent Willis have agreed that Willis will resign as CEO, Director and employee, effective immediately. No successor has been appointed for the position, and the company plans to begin a search for a new CEO “promptly.” In […]
NewAge, Inc. was recently honored as a winner in the short-form web/social media video category of the 2021 Viddy Awards. This international competition recognizes “video excellence in the digital world.”
NewAge, Inc. announced the discovery of a new method to support cardiovascular health and anti-aging, and has filed for a patent to protect its multiple unique claims regarding a recent publication in the Journal of Biosciences and Medicine.
NewAge, Inc. announced its third quarter financial results, including a 59% increase in revenue from the third quarter of 2020, totaling $100 million.
NewAge, Inc. announced it has discovered and isolated the mechanism of action to block spike proteins from binding to cells in the human body.
COVID turned the traditional workplace on its head. How are direct selling companies managing the prospect of returning to the office—or will they?
NewAge announced it has entered into an agreement with Kwikclick to develop an affiliate market platform and curated marketplace. Kwikclick e-commerce technology allows influencers the ability to share in the revenues and profits of the brands they market, rather than simply being paid per click or post.
NewAge, Inc. announced its financial results for the second quarter of 2021, reporting a 98% increase in net revenue, totaling $124 million. Gross profit for the quarter reached $84 million, an increase of 120% year-over-year. The company’s EBITDA stands at $1.7 million, with a basic earnings per share of $0.11.
NewAge, Inc. was honored with 12 awards at the Golden Bridge Business and Innovation Awards, winning Most Innovative Company of the Year as well as “Grand Winner,” an honor shared with notable brands like IBM.