Farmasi said it expanded operations into Mexico and Canada. North America chief executive Sinan Tuna said the move is meant to bring the product line to more beauty influencers and customers in those markets. The company is headquartered in Istanbul, Turkey. At the time of the announcement it had a presence in 29 co...
Monat Global said it will finish its expansion into Australia in November 2021. Jen Usher, vice president and managing director for Monat Australia, said beauty buyers in the market want more than product performance and are looking for more conscious choices. The company was already active in the United States, Can...
Arbonne named Christina Snyder chief growth officer, a newly created role. She will lead the sales organization, growth strategy, and business-model innovation for independent consultants, and she will report to chief executive Tyler Whitehead. She will be based in Irvine, California. Snyder was previously chief rev...
USANA gave preliminary third-quarter results and cut its fiscal 2021 outlook. Net sales for the quarter ending October 2 were expected at 265 million to 270 million dollars, compared with 299 million dollars a year earlier. Diluted earnings were expected at 1.28 to 1.33 dollars a share, compared with 1.44 dollars. F...
Youngevity International said it completed the restatement of quarterly financial statements for the year ended December 31, 2019. Chairman and chief executive Steve Wallach said the restatements clear the way to finish 2020 financial statements. He called the 2020 annual report and a return to a normal reporting ca...
Herbalife Nutrition cut its third-quarter and full-year 2021 outlook before a September 14 investor day. The company said distributor activity was lower than expected, which reduced the sales forecast. Third-quarter net sales were now expected to decline 6.5 percent to 3.5 percent from 2020. Full-year net sales grow...
Zinzino said it launched its business in Taiwan on September 9, 2021 as the next step in a global expansion. Chief executive Dag Bergheim Pettersen said Taiwan is a mature direct-selling market and that the launch followed years of preparation and local adaptation. The company said Taiwan ranks tenth in the world by...
Medical Marijuana, Inc. said its subsidiary Kannaway launched operations in Hong Kong. Chief executive Blake Schroeder called it the next Asian step after Japan and said the company would offer hemp-derived cannabidiol products to people in the market. Kannaway said it would hold regional events to train current and...