Posts Tagged ‘Taiwan’
Reading the AdvoCare FTC Ruling Tea Leaves
As was announced on October 2, AdvoCare and its former chief executive officer agreed to pay $150 million and be banned from the multi-level marketing business to resolve Federal Trade Commission charges that the company operated an illegal pyramid scheme that deceived consumers into believing they could earn significant income as “distributors” of its health…
Read MoreFinancial Analysis
Public Direct Sellers: Why We Have “Regulatory” and “China” as Risk Factors; Stocks Feeling the Pain China deteriorates substantially, and it’s not geopolitics Business in China for the publicly traded Direct Selling stocks slowed substantially in the Q2 due to the government’s crackdown on direct selling nutrition companies earlier in the year. The most exposed…
Read MoreBillion Dollar Markets
It was another record year for the direct selling industry, which garnered $192.9 billion (constant U.S. dollars) in estimated retail sales globally in 2018—a 1.2 percent increase over 2017—and produced 24 Billion Dollar Markets, according to research by the World Federation of Direct Selling Associations (WFDSA), its partner DSAs and direct selling companies around the…
Read MoreYoung Living, CNN Philippines Partner on Essential Oils Docuseries
Young Living Essential Oils recently announced a six-part docuseries that tells the story of essential oil production. Essential Oils of the Pacific was created by Young Living and CNN Philippines to highlight five farms located in the Philippines, Taiwan, Australia, and Hawaii. The series focuses on the moral questions of large-scale farming, including fair wages, local…
Read MoreWFDSA Reports Record 2018
The World Federation of Direct Selling Associations (WFDSA) earlier this month released business results for 2018. According to WFDSA: Global estimated retail sales for 2018 were a record $192.9 billion, an increase of 1.2% over 2017. Compound annual growth rate for the period from 2015 through 2018 was 1.7%, showing sustained growth over time. The…
Read MoreGlobal 100 Celebration
Executives, guests join DSN to honor channel’s best at 10th anniversary Global 100 celebration. The annual DSN Global 100 Celebration recognizes the direct selling channel’s proud history of providing individuals from all walks of life with unparalleled opportunities for entrepreneurship and personal development. The event also showcases the impact and growth potential of the $189.6…
Read MoreLifeVantage Q2 2019 Revenue Up 17.6%
LifeVantage Corporation (Nasdaq: LFVN) reported financial results for its second quarter ended December 31, 2018. Revenue increased 17.6% to $58.2 million year over year and 4.6% sequentially; Revenue in the Americas increased 15.0% year over year and 3.3% sequentially. Revenue in Asia/Pacific & Europe increased 25.0% year over year and 8.2% sequentially; Active members increased 8.2%, including independent distributor growth of 6.5% and active customer…
Read MoreAvon Products Inc. Appoints Seasoned Industry Executive Bill Rahn to Lead APAC
London-based Avon Products, Inc. recently announced the appointment of Bill Rahn to the position of group vice president, Asia Pacific (APAC). In this role, he will oversee the entire APAC region, leading Avon’s business across five markets—China, India, Malaysia, Philippines and Taiwan. “APAC is an attractive, high-priority region with strategic importance for Avon,” said Jan Zijderveld, chief executive officer of Avon. “I am confident that Bill’s proven track record…
Read MoreThird Annual Isagenix Global Give Back Day Unites Customers and Employees
Photo: Participants cleaned up litter in a community park in Bristol, England; Australia participants cleaned up plastic and microplastic litter along the coastline. Isagenix International, the Gilbert-Ariz.-based global health and wellness company, recently united customers and employees during its third annual Global Give Back Day. “It’s inspiring to see our customers and employees embrace this annual initiative…
Read MoreLifeVantage Launches in Taiwan
Photo: Financial district in Taipei, Taiwan Sandy, Utah-based LifeVantage Corporation announced today that it has further expanded its footprint in Asia by opening for business in Taiwan. The company formally kicked off operations in Taiwan in conjunction with a successful market launch event on June 24 in Taipei. “We are excited about Taiwan’s potential and are committed to the long-term success of this market as part of…
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