According to the 2018 Global Entrepreneurship Monitor (GEM) Report, nearly 20 percent of the world’s entrepreneurs are working with family members. The report, sponsored by Babson College, Universidad Del Desarrollo and Korea Entrepreneurship Foundation, also stated that 6 percent of individuals aged between 18-64 in 27 countries are part of the gig economy and the sharing economy. “The Global Entrepreneurship […]
Natura & Co. recently reported another strong quarter of growth in 2018, with consolidated sales rising by 37.1 percent in Q3, reaching R$3.24 billion. On an adjusted basis, consolidated net revenue grew 16.6 percent in the third quarter of 2018, compared to the same period last year, with strong performance across all three businesses. In […]
Mannatech, Incorporated (NASDAQ: MTEX) announced financial results for its third quarter of 2018. Net sales were $43.0 million, an increase of $1.0 million, or 2.4 percent, as compared to $42.0 million in the third quarter of 2017. For the three-month period ended September 30, 2018, net sales increased 2.9 percent on a constant dollar basis as compared to the same period in […]
USANA Health Sciences, Inc. (NYSE: USNA) and Tupperware (NYSE: TUP) have announced financial results for the third quarter of 2018. USANA USANA net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4 percent increase year-over-year. The company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The company’s total […]
According to the recently released “Global Dietary Supplements Market – Growth, Trends, and Forecast (2018-2023)” report by ResearchAndMarkets.com, the global dietary supplements market was valued at $96 billion in 2017, and it is expected to grow at a CAGR of 6.9 percent during the forecast period. The dietary supplements market is primarily driven by the paradigm shift toward […]
A new report from Mintel, one of the world’s largest market intelligence firms, provides insight into skin care shopping trends in China. According to the report, while China’s cosmeceuticals market is currently quite diversified and fragmented, it appears cosmeceutical products are resonating more and more with Chinese consumers. Mintel’s research reveals that as many as […]
Avon Products, Inc., a London, U.K.-based global leader in the beauty sector, has announced its results for the quarter ended March 31, 2018. Revenue rose 5 percent to $1.4 billion; however, net loss was $21 million and the number of Avon’s active representatives fell 4 percent, the steepest decline in three years. “Avon’s first-quarter results were unsatisfactory and […]
Photo: Amazon Rain Forest in Brazil Natura Cosmeticos, a Sao Paolo, Brazil-based multinational direct seller of cosmetics, personal care and beauty products, announced its financial results for the full-year 2017. The company reported a strong increase in consolidated net revenue, supported by growth in all businesses, that led to consolidated net revenue of R$9,852.7 million […]
Nature’s Sunshine Products, Inc., a Lehi, Utah-based maker of nutritional and personal care products, reported its financial results for the fourth quarter and year ended December 31, 2017. For the fourth quarter, net sales increased 5.2 percent to $88.3 million; for the full year, sales increased 0.3 percent to $342.0 million. “Our fourth quarter results […]
Amway, the largest direct selling company in the world, has released its annual findings on the state of entrepreneurship worldwide. The 2018 Amway Global Entrepreneurship Report (AGER) was conducted by Amway in partnership with Dr. Isabell M. Welpe, a professor and the chair of strategy and organization in the School of Management at the Technical […]
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 […]
Natural Health Trends Corp., a Rolling Hills Estates, California-based company that markets personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, total revenue of $46.1 million decreased 26 percent compared to $62.3 […]