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Browse direct sales, network marketing and work-from-home news from June 2022.

June 2022 stories

· Source: Press Release

Natura Group CEO Roberto Marques Steps Down in Reorganization

Natura &Co said it would reorganize into a simpler holding-company structure giving more accountability to its Natura, Avon, The Body Shop, and Aesop business units. Group chief executive and executive chairman Roberto Marques is stepping down from those roles, remaining on the board during the transition and planni...

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· Source: SEC Filing

Nu Skin Closes Amended Credit Facility with 400 Million Term Loan

Nu Skin Enterprises said it entered an amended and restated credit agreement on June 14, 2022, with Bank of America, N.A., as administrative agent, replacing its April 2018 credit agreement. The new facilities include a 400 million dollar term loan and a 500 million dollar revolving credit facility, each with a five...

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· Source: FDA Warning Letter

FDA Warns Young Living Over Disease Claims for Oils and CBD Products

The U.S. Food and Drug Administration issued a warning letter dated June 10, 2022, to Young Living Essential Oils Corporate, addressed to co-founder and chief executive Mary B. Young. The agency said a May 2022 review of company and consultant websites and social media found disease-treatment and prevention claims f...

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· Source: Press Release

Tupperware Agrees to Sell Nutrimetics Beauty Business

Tupperware Brands said it entered a definitive agreement to sell its Nutrimetics beauty business, which operates in Australia, New Zealand, and France. Terms and the anticipated closing date were not disclosed. The company said the sale advances its turnaround plan of divesting non-core assets after earlier sales of...

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