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Browse direct sales, network marketing and work-from-home news from October 2020.

October 2020 stories

· Source: Npros.com

Youngevity Appoints MaloneBailey as Auditor and William Thompson as CFO

Youngevity International, Inc. appointed MaloneBailey, LLP as its independent registered public accounting firm to audit its financial statements. It also named William G. Thompson chief financial officer. Thompson resigned from the board and as a member and chairman of the audit committee to take the job. David S. ...

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· Source: Npros.com

Tupperware Charitable Foundation Pledges 1 Million to National Parks

The Tupperware Brands Charitable Foundation pledged 1 million dollars to the National Park Foundation to support waste diversion and reduction in U.S. national parks. The gift is meant to help visitors plan ahead and use reusable products. National parks draw more than 300 million visitors a year, and at that volume...

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· Source: Npros.com

Tupperware Third Quarter Sales Rise 14 Percent to 477.2 Million

Tupperware Brands Corporation reported third-quarter sales of 477.2 million dollars, up 14 percent from a year earlier and up 21 percent in local currency. Average active sales force rose 10 percent, and sales per active sales force also rose 10 percent. The company tied that engagement to digital tools used to sell...

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· Source: Npros.com

Asia Pacific Growth Carries USANA to a Record Third Quarter

USANA Health Sciences posted a record third quarter as sales rose 14.5 percent and volume grew sharply in Asia Pacific. The Salt Lake City company sells dietary supplements, functional foods, and personal care products through network marketing. The strongest gains were in Asia, while growth in China stayed modest. ...

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· Source: Npros.com

Monat Gratitude Raises 700000 During Virtual Impact Week

MONAT Gratitude, Inc., the philanthropic arm of MONAT Global Corp, raised 700,000 dollars during MONATions Impact Week 2020, a virtual event held September 9 through 13. Limited-edition product sales, gratitude shirt sales, and distributor donations totaled 350,000 dollars, and MONAT matched the rest. Nearly 50,000 ...

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· Source: Npros.com

Isagenix Impact Report Cites 3.4 Million in Grants and a Female CEO

Isagenix International released a 2019-2020 social impact report covering grants, workforce diversity, and packaging changes. Chief executive Sharron Walsh said contribution has been part of the company since it started in 2002. The ISA Foundation, launched in 2018, has awarded 3.4 million dollars in grants to 79 no...

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· Source: Press Release

USANA Third Quarter Sales Rise 14.5 Percent and 2020 Outlook Is Raised

USANA Health Sciences reported fiscal third-quarter results for the period ended September 26, 2020, and raised its full-year sales and earnings outlook. Net sales rose 14.5 percent from a year earlier to 298.5 million dollars, or 13.6 percent in constant currency. A 2.5 million dollar currency gain added about 0.9 ...

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· Source: Npros.com

Nu Skin President Ryan Napierski to Chair WFDSA Advocacy Committee

Nu Skin president Ryan Napierski has been appointed chairman of the Advocacy Committee of the World Federation of Direct Selling Associations. He will lead advocacy toward outside stakeholders and will hold the chair for three years, through October 2023. Tamuna Gabilaia, executive director and chief operating offic...

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· Source: Npros.com

Young Living Marketing Leader Lyndi Smith Wins Bronze Stevie Award

Young Living said Lyndi Smith, senior vice president of global marketing, won a bronze Stevie Award in the Woman of the Year category for advertising, marketing, and public relations at the 17th annual Stevie Awards for Women in Business. Smith has been at Young Living for nearly 20 years and oversees global brand a...

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· Source: Npros.com

Herbalife Reports First Year Results for Nutrition for Zero Hunger

Herbalife Nutrition marked the first year of its Nutrition for Zero Hunger initiative and released early results ahead of World Food Day. The program is aligned with the second United Nations Sustainable Development Goal, which seeks to end hunger in all its forms by 2030 and to improve food security and nutrition. ...

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· Source: Npros.com

Plexus Worldwide Promotes Jack Spitzer to Chief Financial Officer

Plexus Worldwide promoted Jack Spitzer to chief financial officer. He has been senior vice president of finance at the company since August 2018 and has more than 25 years in finance, including financial transformation, team building, and risk management. Christopher Pair, president of operations and international, ...

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· Source: Npros.com

Amway Invests 15 Million in Ada Plant for Sugar Free Energy Drinks

Amway has invested 15 million dollars to redesign a 9,000-square-foot manufacturing facility that will make what it called the first exclusively sugar-free energy drink brand sold globally. Brian Kraus, vice president of global manufacturing, said this is the first carbonated beverage plant for Amway in Ada. He said...

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· Source: Press Release

Herbalife Sets November 5 Release for Third Quarter 2020 Results

Herbalife Nutrition Ltd. said it will release third-quarter 2020 financial results after the close of New York Stock Exchange trading on Thursday, November 5, 2020. Senior management will host an investor call the same day at 5:30 p.m. Eastern Time, which is 2:30 p.m. Pacific Time, to discuss the results and current...

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· Source: Npros.com

Amway Hires Asha Gupta as Chief Strategy and Corporate Development Officer

Amway named Asha Gupta chief strategy and corporate development officer, reporting to chief executive Milind Pant. Gupta spent 23 years at Tupperware and most recently was executive vice president and chief strategy and marketing officer there. Pant said she will lead internal teams and outside partners on Amway gro...

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· Source: Press Release

Nu Skin Estimates Third Quarter Revenue of 700 to 703 Million

Nu Skin Enterprises estimated third-quarter 2020 revenue of 700 million to 703 million dollars, far above its previous guidance of 605 million to 635 million dollars. The Provo, Utah company, traded on the New York Stock Exchange as NUS, released the preliminary figure on October 1, 2020, and said full results and a...

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· Source: Npros.com

Rodan and Fields Founders Fall From Billionaire Ranks as Sales Slide

Dermatologists Katie Rodan and Kathy Fields built Rodan and Fields into a multilevel skincare company that a private equity firm, TPG, valued at $4 billion when it bought a minority stake about two years before this accounting. Each founder was a billionaire then. By a 2020 ranking of America's richest self-made wom...

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