Browse direct sales, network marketing and work-from-home news from April 2023.
Herbalife Nutrition Ltd. said shareholders at its April 26, 2023 annual general meeting approved a special resolution changing the company's name to Herbalife Ltd. The company stated that it officially adopted the new name on that date while continuing to trade under the HLF ticker. The change dropped "Nutrition" fr...
Read full storySALT LAKE CITY, April 25, 2023 -- USANA Health Sciences reported first-quarter net sales of 248 million dollars for the period ended April 1, 2023, down 9 percent from 273 million dollars a year earlier, or 4 percent in constant currency after a 13 million dollar foreign-exchange headwind. Diluted EPS was 0.95 dolla...
Read full storyOriflame Holding reported first-quarter 2023 Euro sales of 208.3 million euros, down 9 percent from the prior-year period, in an interim management statement dated April 21, 2023. Adjusted EBITDA was 16.8 million euros, down 24 percent, and the company posted a loss of 6.8 million euros for the quarter. Asia remaine...
Read full storyGILBERT, Ariz., April 17, 2023 -- Isagenix International said it completed the recapitalization contemplated by its February 27 Restructuring Support Agreement, eliminating about 130 million dollars of senior secured debt and about 40 million dollars of unsecured debt. Majority ownership transferred to an investor g...
Read full storyORLANDO, Fla., April 7, 2023 -- Tupperware Brands Corporation said there is substantial doubt about its ability to continue as a going concern and that it had engaged financial advisors to help improve its capital structure and liquidity. The company said a Credit Facility covenant violation was probable because of ...
Read full storySÃO PAULO, April 3, 2023 -- Natura &Co Holding said it agreed to sell luxury beauty brand Aesop to L'Oréal for an enterprise value of 2.525 billion dollars. The deal remained subject to customary regulatory approvals and was expected to close in the third quarter of 2023. Group chief executive Fabio Barbosa said t...
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