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 […]
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 […]
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 […]
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 […]
Looking for the 2021 DSN Global Celebration? The broadcast will take place: VIRTUAL EVENT – MONDAY, APRIL 19, 2021 8:30 PM – 10:00 PM (ET) 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 […]
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 […]
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 […]
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 […]
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 […]
In this issue: List of Top 100 Companies DSN Welcomes Executives and Guests to its Global 100 Evening of Celebration Global Good: Why Direct Selling Succeeds Beyond Our Borders 5 Best Practices for Making It Work in the Global Market Frequently Asked Questions about the Global 100 Ranking Bravo Legacy Award: D. Gary Young: A […]
Amway, the world’s largest direct selling company, has reported sales of $8.6 billion for the year ending Dec. 31, 2017. The Ada, Michigan-based company achieved sales gain in several key markets, including South Korea, Thailand, Russia and India. Total sales in the second half of 2017 grew by 3 percent, compared to same period of the […]
4Life Research, a Sandy, Utah-based immune health company, has appointed Ivan Huang as general manager of 4Life Taiwan and Daniel Taylor as senior director of the newly created business intelligence department. Huang, who has an educational background in international trade, started in network marketing as a distributor. Since 2004, he’s held a variety of corporate […]