Switzerland-based Oriflame recently announced that it has appointed Frederic Widell as vice president and head of South Asia as well as managing director of India. Widell previously served with Oriflame for nearly 10 years. His roles included managing director for four different key Oriflame markets: Sri Lanka, Vietnam, India and Indonesia. He was also vice […]
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 […]
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 […]
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 […]
Jonas af Jochnick, co-founder of Switzerland-based cosmetics giant Oriflame, has declined re-election and will step down from the board of directors after serving as a director since the founding of the company in 1967. “After 50 years it is time for me to leave the Board and provide room for a new generation,” said Jochnick. […]
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 […]
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 […]
The World Federation of Direct Selling Associations (WFDSA), a global trade organization representing more than 60 national direct selling associations, recently announced that Oriflame CEO and President Magnus Brännström will serve as the organization’s Chairman through October 2020. Brännström assumes the role of Chairman from Doug DeVos, President of Amway. “I am very honored and […]
Never before has the industry seen a global environment filled with this much opportunity. More people than ever want a life that allows them to work when and where they want. Consumers are buying quality products that help them look and feel more confident. And people are increasingly seeking experiences that connect them to others […]
Switzerland-based Oriflame recently announced that it has appointed Naveen Anand as Senior Director of Regional Marketing in South Asia. In his new role, Anand will spearhead operations in India, Sri Lanka and Pakistan, and will be responsible for accelerating growth and enhancing the brand equity for the Oriflame business. Anand is a marketing veteran with […]
IN THIS ISSUE: 2017 DSN Global 100 List DSN Makes its Global 100 Celebration an Event to Remember Frequently Asked Questions about the Global 100 Ranking DSN BRAVO AWARDS: Leadership: It Works! CEO Mark Pentecost: On the Road to Legendary Leadership: Isagenix’s Jim & Kathy Coover: Agents of Change Growth: Jeunesse: Forging an Uncharted Path to […]
Which companies had the greatest growth this year? Who was the top Asian company? How about the largest in Health & Wellness?
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