Browse direct sales, network marketing and work-from-home news from March 2021.
Amway said it will restructure U.S. operations and eliminate up to 900 roles in Ada, Michigan, where headquarters sits, and in Buena Park, California. Most of the cuts are expected from the Ada workforce, which totals almost 3,000 people. The company said it hopes to handle as much of the reduction as possible throu...
Read full storyMannatech reported 2020 net sales of 151.4 million dollars, down 4.0 percent from 157.7 million dollars. On a constant-dollar basis, sales fell 2.7 percent, with currency taking another 2.1 million dollars off the total. Net income rose to 6.3 million dollars, or 2.77 dollars a diluted share, from 3.3 million dollar...
Read full storyHerbalife Nutrition named Joe Miranda its first chief digital officer, effective March 22, 2021. He will build and carry out digital strategy across 95 markets. Frank Lamberti, executive vice president for distributor and customer experience, said the new role is meant to improve digital experiences for distributors...
Read full storyLegalShield said paid memberships reached a record in 2020, with more than 1.8 million subscriptions for legal help, identity protection, and privacy management. Requests for legal services rose 7.5 percent from the prior year. Identity consultations rose 32 percent. The company said it was the largest single-year v...
Read full storyeXp World Holdings, parent of eXp Realty, reported 2020 revenue of 1.80 billion dollars, up 84 percent from 979.9 million dollars. Net income was 31.0 million dollars, compared with a loss of 9.6 million dollars in 2019, which the company called its most profitable year. Fourth-quarter revenue was 609.3 million doll...
Read full storyTupperware Brands said fourth-quarter sales rose 17 percent from the same period in 2019. Turnaround cost savings were 72 million dollars in the quarter and 192 million dollars for the full year. President and chief executive Miguel Fernandez said the sales force is using social media and digital tools so geography ...
Read full storyNatures Sunshine Products reported fourth-quarter net sales of 101.7 million dollars, up 11 percent from 91.7 million dollars and a company record. Net income attributable to common shareholders was 5.9 million dollars, or 0.29 dollars a diluted share, compared with 1.0 million dollars, or 0.05 dollars, a year earli...
Read full storyNatura and Co reported fourth-quarter consolidated net revenue of 12 billion Brazilian reais, up 24.3 percent in reais and 6.4 percent at constant currency. Net income rose 200.7 percent to 177.4 million reais. Adjusted EBITDA rose 12.3 percent to 1.5 billion reais. The group includes the Natura brand, Avon, The Bod...
Read full storyAmway reported 2020 sales of 8.5 billion dollars, up 2 percent from the year before. Nutrition products accounted for more than half of sales after the company put a global emphasis on health and wellness. The company said it will put more money into nutrition science, innovation, and manufacturing. It described the...
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