Browse direct sales, network marketing and work-from-home news from October 2021.
USANA Health Sciences reported third quarter net sales of 274.4 million dollars, down 8 percent from 298.5 million dollars a year earlier and down 11 percent in constant currency. Diluted earnings per share were 1.36 dollars, compared with 1.44 dollars. Active customers were 576,000, down 11 percent. Results were mo...
Read full storyKannaway, a subsidiary of Medical Marijuana, Inc., said the Finnish Supreme Administrative Court ruled that its Pure Gold hemp oil is not a medicinal product and may be imported. The ruling was issued on October 22, 2021. Finnish Customs had seized a bottle of Pure Gold in 2018 and treated the import as illegal beca...
Read full storyLifeVantage appointed Carl Aure chief financial officer, effective the day of the announcement. Aure brought more than 24 years in finance and accounting, including more than 15 years in direct selling, and was to lead finance, accounting, tax, and treasury. He had been chief accounting officer at New Age, which he ...
Read full storyOriflame said third quarter euro sales fell 21 percent to 221.4 million euros, from 280.8 million euros a year earlier. Sales in local currencies fell 22 percent. Unit sales dropped 24 percent, only partly offset by a 2 percent price and mix gain. The average number of members fell, and the company ended September w...
Read full storyStemtech Corporation appointed John W. Meyer president and chief operating officer, and said he would also sit on the board. Meyer joined the company in 2006 and had already been running global operations. Chief executive Charles S. Arnold said the presidency recognized Meyer for his international growth plans and t...
Read full storyPlexus Worldwide appointed Gene Tipps president of global operations. He had been chief operating officer at the Scottsdale headquarters since joining in 2018. In that earlier role he worked with teams that launched more than 30 products, widened distribution, strengthened supply chain work in existing markets, and ...
Read full storyTupperware Brands said it signed a definitive agreement to sell the House of Fuller beauty business in Mexico. The company called the deal part of a turnaround plan to shed assets that are not core and to put resources behind the Tupperware brand. President and chief executive Miguel Fernandez said the sale was furt...
Read full storyUSANA Health Sciences named Xia Ding to its board of directors. Ding was serving as vice president of e-commerce for Asia Pacific and Latin America at Nike, and had held management roles at global online and omnichannel retailers. Chief executive and chairman Kevin Guest said her record running multinational busines...
Read full storyAvon International global chief executive Angela Cretu said Avon prices would rise only in line with inflation, even as supply and vendor costs climbed. To hold that line, the company said it moved early with logistics partners, locked in longer contracts, and raised pay for delivery workers. Cretu said the Natura g...
Read full storyZinzino published a preliminary sales report showing group revenue for July through September of 312.9 million Swedish kronor, up 11 percent from 281.8 million kronor a year earlier. Revenue from Zinzino sales markets was 298.8 million kronor, also up 11 percent. External sales at Faun Pharma were 14.1 million krono...
Read full storyNu Skin Enterprises said third quarter revenue would land between 637 million and 642 million dollars, softer than it had expected. President and chief executive Ryan Napierski tied the shortfall to the delta variant and to government limits that interrupted selling and distribution, with the largest effect in mainl...
Read full storyNatural Health Trends Corp. said the Securities and Exchange Commission has finished a non-public investigation that the company had already described in its filings. On September 30, 2021, the agency told the company the inquiry was over and that it did not plan to recommend an enforcement action. President Chris S...
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