Acquisition of BeneYOU

Youngevity International, Inc. recently provided an update on the impact of the COVID-19 virus on its operations. All three reporting segments of the company have been able to continue operations as each segment falls in the category of an essential business. Although, relative to other businesses effected by COVID-19, the company is able and continues to generate…

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Youngevity Acquires of Khrysos Global

Youngevity® International, Inc. announced the company is exploring the divestiture of its direct selling business unit back to the original founders of the direct selling division. The company, a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, has entered into a non-binding term sheet regarding…

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Youngevity Acquires of Khrysos Global

Youngevity International, Inc. announced changes to its Board of Directors. The company stated that effective February 11, 2020, in order to maintain compliance with the corporate governance requirements of The Nasdaq Capital Market, and specifically Listing Rule 5605(b) which provides that a listed company’s board of directors shall be comprised of a majority of independent directors, Michelle…

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Youngevity® International, Inc. announced it will ring in the new year on January 7, 2020, at the Nasdaq Stock Market Closing Bell ceremony in Times Square. In celebration of Nasdaq’s ninth annual “Fit Week,” Youngevity’s executive leadership will gather alongside company distributors as well as members of the Youngevity team and Celebrity Brand Ambassadors Marilu Henner and Dr. James Rouse to ring the closing…

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Youngevity Q3 2019

Youngevity International, Inc. reported revenue of $34 million for the three months ended September 30, 2019, down 13 percent from Q3 2018. Direct selling revenue down nearly 12% for the quarter “Although we have recently made great strides in producing revenue growth this year, the third quarter posed a number of challenges as we faced seasonally slower sales for…

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Acquisition of BeneYOU

Youngevity International, Inc. announced that is has closed the acquisition of BeneYOU, LLC’s assets with an effective date of November 1, 2019. “We are proud to welcome the customers and distributors of Jamberry, Avisae and M.Global into our organization and we look forward to showcasing all of their exciting products to Youngevity distributors and customers…

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BeneYOU

Youngevity International, Inc., and BeneYOU LLC  announced they have executed a non-binding Letter of Intent whereby Youngevity will purchase certain assets of BeneYOU. Both Youngevity, a leading multi-channel lifestyle company, and BeneYOU, a nutritional and beauty products company, have acknowledged their plans to execute a definitive Asset Purchase Agreement in the coming weeks with an…

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Youngevity International, Inc. recently announced the launch of its phytocannabinoid-rich hemp oil product line, HempFX, in Japan. The company disclosed that three products within the HempFX line have gained the appropriate approvals and are now available for purchase in Japan: HempFX Soothe, HempFX Capsules and HempFX Tincture. “HempFX is an ideal representation of our plant-based approach to product development,”…

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Youngevity Q2 2019 financial

Youngevity International, Inc. (NASDAQ: YGYI) announced revenue for Q2 2019 were $53.7 million, a 21.2 percent increase over $44.3 million in 2018. Approximately 60 percent of the company’s revenue was derived from its direct selling segment and approximately 40 percent from its commercial coffee segment. Direct selling segment revenues decreased 12.8 percent to $32.1 million in the…

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