Browse direct sales, network marketing and work-from-home news from July 2023.
The U.S. Court of Appeals for the Ninth Circuit on July 31, 2023 reversed and remanded district-court orders compelling arbitration and confirming an arbitration award in Jessica Ponkey v. LLR, Inc., a putative class action against LuLaRoe and related entities. The panel held the arbitration agreement unenforceable ...
Read full storySALT LAKE CITY, July 25, 2023 -- USANA Health Sciences reported second-quarter net sales of 238 million dollars for the period ended July 1, 2023, down 10 percent from 264 million dollars a year earlier, or 6 percent in constant currency after about a 10 million dollar foreign-exchange headwind. Diluted EPS was 0.89...
Read full storyOriflame Holding reported second-quarter 2023 Euro sales of 181.9 million euros, down 14 percent from the prior-year period, or 7 percent in local currency, in an interim management statement discussed with investors on July 21, 2023. Adjusted EBITDA was 11.9 million euros, down 45 percent, and adjusted net loss was...
Read full storyThe U.S. District Court for the District of Arizona on July 17, 2023 granted a preliminary injunction in Bennett v. Isagenix International LLC requiring Isagenix to restore distributor Jay Bennett and related plaintiffs' access to five distributor accounts and prohibiting interference with their downline structure p...
Read full storyTupperware Brands Corporation disclosed in a Form 8-K dated July 7, 2023 that on June 30, 2023 it entered a Limited Waiver of Mandatory Prepayment and Payment Deferral Agreement with its lenders. The waiver deferred about 2.5 million dollars, 0.5 million dollars and 2.2 million euros of June 30 term-loan amortizatio...
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