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Posts Tagged ‘Oriflame’

Oriflame Euro Sales Down 1%, Local Currency Sales Up 4%

Oriflame

Oriflame (ORI-SS—Stockholm) announced financial results for the third quarter ending September 30, 2018. Euro sales decreased by 1 percent to €292.5 million. Euro sales amounted to €279.4 million in accordance with IFRS. Local currency sales increased by 4 percent. The number of registered actives was stable and amounted to 2.7 million. For the nine months…

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Growth of Global Hair Care Market Good News for Direct Sellers

The global hair care market is expected to reach approximately $110.70 billion in 2024. According to a new report by Zion Market Research titled “Hair Care Market by Product and by Distribution Channel: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024,” the market was valued at around $89.08 billion in 2017 and is expected to…

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Seldia to Celebrate 50th Anniversary

Seldia, the European Direct Selling Association, is celebrating its 50th anniversary this month. Established in 1968 to represent the direct selling industry in Europe, Seldia’s mission is to promote direct selling to European Union (EU) institutions and to ensure that the EU and national policy makers in Europe are aware of the industry’s benefits and advantages,…

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Oriflame Q2 Local Currency Sales Up 1%; Euro Sales Down 7%

financial finance

Switzerland-based Oriflame Cosmetics, the direct seller of cosmetics and beauty products, announced financial results for the second quarter of 2018. Local currency sales increased by 1 percent while Euro sales decreased by 7 percent to €321.9 million (€347.6 million). The number of registered actives decreased by 1 percent to 2.8 million. “Despite facing significant currency headwinds, we are pleased to…

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Public Direct Sellers: Q1 Momentum Continues

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…

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Oriflame Q1 2018 Local Sales Up 8%; Euro Sales Down 2%

Switzerland-based Oriflame Cosmetics, the direct seller of cosmetics and beauty products, has announced financial results for the first quarter of 2018. Local currency sales increased by 8 percent while Euro sales decreased by 2 percent to €334.1 million (€340.1 million). “2018 has started with a continued strong performance in Asia and Turkey, driven by high…

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Oriflame Q3 2017 Local Currency Sales Up 11%, Euro Sales Up 6%

Switzerland-based Oriflame Cosmetics, the direct seller of cosmetics and beauty products, recently announced financial results for the third quarter of 2017. Local currency sales increased by 11 percent and euro sales increased by 6 percent to €295.3 million (€278.9 million). For the three months ended September 30, 2017, Number of registered actives was stable at…

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India DSA Announces New Executive Team

The Indian Direct Selling Association (IDSA) recently announced its new Executive Committee at the 21st Annual General Body Meeting of the Association. Vivek Katoch, Director Corporate Affairs, Oriflame India Pvt. Ltd., was named the new Chairman of the Association. Rini Sanyal, Head, Worldwide Regulatory, Government and Industry Affairs, India, Herbalife, was elected as the new…

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