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Browse direct sales, network marketing and work-from-home news from January 2021.

January 2021 stories

· Source: Npros.com

Avon Will Sell Flagship Skin So Soft Line in Retail Stores

The Avon Company said its flagship Skin So Soft line will be sold in retail stores. Public relations manager Susan Small said the company and parent LG H&H expect the new partnerships to build on existing consumer awareness and to reach people who do not already buy the products. She said the company remains committ...

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· Source: Npros.com

Nu Skin Acquires Encapsulation Maker 3i Solutions

Nu Skin said it has acquired 3i Solutions, a manufacturer focused on encapsulation technology. The company expects the deal to improve beauty and wellness formulas by using 3i research and processes. Chief executive Ritch Wood said 3i has deep experience encapsulating ingredients for cosmetics and nutritional supple...

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· Source: Npros.com

PM International Says 2020 Sales Rose Past 50 Percent to 1.72 Billion

PM International founder and chief executive Rolf Sorg said annual sales rose more than 50 percent in 2020, to 1.72 billion dollars. He announced the figure at Kick-Off Americas Online 2021, a virtual event carried on the company channel PM TV. Sorg told team partners the company had adapted and is positioned for th...

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· Source: Npros.com

Youngevity Aims to Regain a Nasdaq Listing by July 2021

Youngevity International told shareholders why its YGYI securities left the Nasdaq Stock Market on November 19, 2020, and how it hopes to be listed again. The company said the delisting followed missed filing requirements tied to a green coffee distribution business with a related party and limited to operations in ...

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· Source: Npros.com

Scentsy Co-CEOs Plan a Three Year Leave and Name an Interim Chief

Scentsy co-chief executives Orville and Heidi Thompson will move to London to serve as a mission president for The Church of Jesus Christ of Latter-day Saints from the summer of 2021 until June 2024. President Dan Orchard will become interim chief executive and take primary responsibility for operations while they a...

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· Source: Npros.com

Herbalife Joins the United Nations Global Compact

Herbalife Nutrition said it has joined the United Nations Global Compact, which it described as the largest corporate sustainability initiative in the world. The compact asks companies to adopt policies that support communities and basic protections for people and the planet. Chairman and chief executive John Agwuno...

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· Source: Npros.com

New Avon Company Changes Its Corporate Name to The Avon Company

New Avon Company said it has changed its corporate name to The Avon Company, effective immediately. The company described itself as a 135-year-old beauty business. Chief executive Paul Yi said the new name is meant to match the company's vision and to present a more independent face as it grows. He said it also fits...

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· Source: Npros.com

Herbalife to Buy Back About 600 Million in Shares from Icahn

Herbalife Nutrition said it will repurchase about 600 million dollars of common shares from Carl C. Icahn of Icahn Enterprises at 48.05 dollars a share. The company said it will pay with cash on hand and existing credit facilities. In 2013, while the company was under pressure from short sellers, it agreed to give I...

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