Posts Tagged ‘wellness’

A Modern-Day Gold Rush?

Marijuana’s misunderstood sister hemp is projected to be a $22 billion market by 2020, but can it overcome the social stigma and federal regulations that threaten to hold it back? It’s been called the gateway crop. Thanks to its stalks topped with five leaves, hemp shares the same signature look as its intoxicating relative, the marijuana…

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CBD’s Current And Future Impact On Our Channel

DSN Logo Advancement

If you haven’t heard about it yet, where have you been? I’m talking about Cannabidiol, or CBD, the ingredient being credited with a growing list of health benefits and, as a result, is rapidly transforming much of the consumer product landscape. Both Dr. Sanjay Gupta and Dr. Mehmet Oz are just a few mainstream medical professionals…

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Stemtech Launches OraStem™ Toothpaste

Stemtech Launches OraStem

Stemtech Corporation recently announced its entry into the oral care category with the introduction of OraStem, an all-natural tooth-whitening toothpaste. “This is another major positive milestone for Stemtech Corporation,” said CEO Ray Carter. “It clearly demonstrates our product leadership in the consumer wellness space.” Stem cells are at the center of the body’s ability to…

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Billion Dollar Markets

Record global sales, China inches closer to eclipsing the U.S., and emerging markets gain strength. In 2017, global direct selling recorded US$189.6 billion (2017 constant U.S. dollars) in estimated retail sales—a 1.6 percent increase over 2016. — and up nearly $20 billion since 2014, resulting in a 3.7% compound annual growth rate over the 3-year period…

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The Sales Tax Who, What and Where

Direct selling is big business — $189-billion-a-year big business — with more than 117 million independent distributors worldwide*, representing everything from clothing and jewelry to wellness, nutrition products, and home décor. And with the distributor compensation complexity factored in can cause some complicated tax compliance rules. The Who For starters, who is responsible for reporting sales…

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Q2 Net Sales Up 12% for Herbalife

Los Angeles-based Herbalife Nutrition Ltd. Yesterday announced financial results for the second quarter ended June 30, 2018. Net sales of $1.3 billion increased 12 percent compared to second quarter 2017. Volume points of 1.5 billion, the highest amount to be recorded in a quarter in company history, increased 12 percent compared to the prior year period,…

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Walmart, Amazon Affecting Direct Sellers’ Wellness Business?

Last month, in its annual “Growth and Outlook Report,” the U.S. Direct Selling Association reported that retail sales of $34.9 billion for 2017 were down 1.8 percent from 2016. The wellness product category, which has been the channel’s strongest category for several years—and which accounted for 33.8 percent of all sales last year—also saw a slight decline. This marks…

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Global Good: Why Direct Selling Succeeds Beyond Our Borders

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…

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Natural Health Trends Reports 13% Decrease in Q1 2018 Revenue

China

Natural Health Trends Corp., a marketer of premium quality personal care, wellness and “quality of life” products under the NHT Global brand, has reported its financial results for the first quarter ended March 31, 2018. Total revenue of $52.4 million decreased 13 percent compared to $59.9 million in the first quarter of 2017 and increased 14…

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USANA Reports Record First-Quarter Net Sales

USANA Health Sciences Inc., a Salt Lake City, Utah-based health and wellness brand, has reported financial results for its fiscal first quarter ended March 31, 2018. Net sales were $292.0 million compared with $255.3 million in the prior-year period, or a 14.4 percent increase year-over-year. Favorable currency exchange rates positively impacted net sales by $16.4 million…

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