Browse direct sales, network marketing and work-from-home news from October 2023.
SEOUL, South Korea -- October 31, 2023 Amorepacific said it will acquire the 288,000 remaining COSRX shares held by the skincare brand's largest shareholder and related parties for 755.1 billion won, making COSRX a subsidiary. Amorepacific bought 38.4 percent of COSRX in September 2021 and received a call option on ...
Read full storyeXp World Holdings, Inc., parent of eXp Realty, was named as a defendant in a proposed nationwide class action filed October 31, 2023 in the U.S. District Court for the Western District of Missouri. Plaintiffs Don Gibson, Lauren Criss and John Meiners sued the National Association of Realtors along with eXp, Compass...
Read full storyThe Beachbody Company, Inc. disclosed in a Form 8-K filed October 27, 2023 that the New York Stock Exchange notified it the same day that the exchange would begin proceedings to delist the company's redeemable warrants and immediately suspend their trading because of abnormally low price levels under Section 802.01D...
Read full storyTupperware Brands Corporation disclosed in a Form 8-K filed October 27, 2023 that PricewaterhouseCoopers LLP informed the company on October 24 that it would not stand for reappointment as independent auditor for the fiscal year ending December 30, 2023. The company said there was no dispute with PwC. PwC's report o...
Read full storyOriflame reported third-quarter 2023 sales of 161.7 million euros, down 26 percent from 220.0 million euros a year earlier and down 15 percent in local currencies, in results presented to investors on October 24, 2023 by Chief Executive Anna Malmhake and Chief Financial Officer Carl Rogberg. The average number of me...
Read full storySALT LAKE CITY, October 24, 2023 -- USANA Health Sciences reported third-quarter 2023 net sales of 213.4 million dollars for the period ended September 30, down 9 percent from 233.3 million dollars a year earlier and down 7 percent in constant currency. Currency reduced sales by about 5 million dollars. Diluted earn...
Read full storyPolice in Jaipur, in India's Rajasthan state, raided regional offices of the QNet Vihaan network and arrested 17 representatives on October 21, 2023 after people who said they had been defrauded filed complaints at the Vidyadhar Nagar police station. Police seized three luxury vehicles, including a Mercedes and an M...
Read full storyORLANDO, Fla., October 17, 2023 -- Tupperware Brands Corporation named Laurie Ann Goldman president, chief executive officer and a director, effective immediately, to lead its turnaround. She replaces Miguel Fernandez, who also left the board. Goldman previously served as CEO of Avon North America from August 2018 t...
Read full storyTupperware Brands Corporation filed its long-delayed annual report on Form 10-K for fiscal 2022 on October 13, 2023, reporting net sales of 1.304 billion dollars, down from 1.601 billion dollars in 2021, and a net loss of 232.5 million dollars. Sales fell in every segment except South America; excluding currency eff...
Read full storyTupperware Brands Corporation disclosed in a Form 8-K filed October 10, 2023 that the New York Stock Exchange's Listings Operations Committee on October 3 approved its request for an additional six-month cure period, giving the company until March 31, 2024 to file its delayed 2022 Form 10-K and its 2023 quarterly re...
Read full storyDustin Bingham, who says he worked for doTERRA from 2017 to 2023, sued doTERRA International LLC, doTERRA United States LLC and doTERRA Inc. in the U.S. District Court for the District of Utah on October 5, 2023, alleging violations of the federal Fair Labor Standards Act. The case, Bingham v. doTERRA, seeks to proc...
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