Disruption is coming. How nimble is your company to weather the inevitable storm? Ten years ago, when we needed a ride, we called a cab by default. Then came Uber and Lyft, to the dismay of taxi drivers. Twenty years ago, when we wanted to buy new clothes, we drove to the mall. Then came […]
The six publicly traded direct selling companies we follow, whose stocks are listed in the U.S., Herbalife (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), began 2018 in much the same fashion as how they exited 2017. On balance, trends continue favorable. In aggregate, on an equal weighted […]
Photo: Sydney Harbour, Australia. Direct Selling Australia, the country’s leading representative body for retail direct selling, recently announced the winners of the 2018 DSA Industry Awards during its 51st Annual Conference – Experience It. The awards, which were presented by Australian television personality and model Nicky Buckley, recognized the achievements of member companies transforming the lives of those […]
Photo: DSA President and CEO, Joseph N. Mariano with 2018 Hall of Fame honoree Jeffrey Reigle, President and Chief Executive Officer, Regal Ware Inc. The U.S. Direct Selling Association (DSA), the national trade association for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, announced the winners of the prestigious 2018 DSA […]
New York City-based New Avon has appointed Lori Bush to the company’s Board of Managers, effective immediately. Bush is experienced in both the worlds of direct selling and consumer beauty products. From October 2007 through January 2016, she served as president and CEO of Rodan + Fields. During her tenure, the company re-launched under a […]
Choosing the best places to work in our channel is by no means easy. There’s some stiff competition out there, perhaps even more than you might find in other industries. That’s because direct selling was founded upon principles of exceptional service, personalization and taking care of one’s own. Those values are usually presented in the […]
Direct selling prides itself on outstanding service, personalization and extensive support when it concerns the relationship between independent salespeople and their customers. We’re in the people business of course. But who makes up the backbone of this channel when it comes to engaging the sales field, fulfilling orders, planning events, manufacturing products and all of […]
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 […]
Congratulations to all of our 2018 Best Places to Work in Direct Selling Honorees! The companies, listed in alphabetical order, are: AdvoCare Isagenix It Works! Jeunesse LifeVantage Nu Skin Plexus Worldwide Pure Romance Scentsy Team National USANA Xyngular Zurvita Each company above is profiled in this supplement, with employees and executives sharing why they believe […]
“There is a reason employees refer to themselves as part of the ‘Nu Skin family’. The company continually pushes the boundaries in its efforts to enrich the lives of its employees.” —Dave Daines, Senior Vice President of Global Human Resources Company / Nu Skin Headquarters / Provo, Utah Number of Full-Time Employees / 1,200+ Year […]
Nu Skin Enterprises Inc., a Provo, Utah-based seller of cosmetics, personal care and wellness products, has reported fourth-quarter and 2017 financial results. For the fourth quarter ended December 31, 2017, the company reported revenue of $666.2 million, an increase of 25.4 percent from $531.3 million in 2016. “We concluded 2017 on a high note with […]
Nu Skin Enterprises, a Provo, Utah-based skincare and nutritional company, has launched ageLOC LumiSpa. The dual-action skincare device treats and cleanses the skin, delivering a skin treatment and cleansing benefits to reveal smoother, softer skin. “The convenience and immediate results of ageLOC LumiSpa make it ideal for today’s busy consumer,” said CEO Ritch Wood. “With its unique […]
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