Avon Products Inc. recently announced a new research and development lab in Mexico. Operating as part of Avon’s global R&D network, the new lab at the Celaya plant in Mexico will allow the brand to maximize local innovation opportunities. According to the company, being closer to local consumers and trends as well as Avon’s local marketing […]
DD3 Acquisition Corp. (Nasdaq: DDMX), a publicly traded special purpose acquisition company and Betterware de Mexico, a leading direct-to-consumer selling company in Mexico, announced today they have entered into a definitive agreement to merge. The combined company will operate as “Betterware” and is expected to remain publicly listed on Nasdaq. The transaction implies an initial enterprise value of […]
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our […]
It was another record year for the direct selling industry, which garnered $192.9 billion (constant U.S. dollars) in estimated retail sales globally in 2018—a 1.2 percent increase over 2017—and produced 24 Billion Dollar Markets, according to research by the World Federation of Direct Selling Associations (WFDSA), its partner DSAs and direct selling companies around the […]
Plexus Worldwide recently announced it will expand into Mexico in early 2020, making it the company’s fourth market along with the U.S., Canada and Australia. Plexus’ Mexico headquarters will be in Guadalajara where its warehouse and office space will be located. Local staff are being hired to help grow Plexus’ presence and introduce the line of […]
The World Federation of Direct Selling Associations (WFDSA) earlier this month released business results for 2018. According to WFDSA: Global estimated retail sales for 2018 were a record $192.9 billion, an increase of 1.2% over 2017. Compound annual growth rate for the period from 2015 through 2018 was 1.7%, showing sustained growth over time. The […]
Reliv International, Inc. (NASDAQ:RELV) recently reported its financial results for the fourth quarter and full year of 2018. Reliv reported net sales of $9.3 million for the fourth quarter of 2018, compared with net sales of $9.9 million for the fourth quarter of 2017. U.S. net sales decreased by 6.7 percent for the quarter compared […]
Scentsy has announced that it has teamed up with Alex’s Lemonade Stand Foundation in the fight against childhood cancer. Scentsy’s new charitable cause warmer, When Life Gives You Lemons, is poised to bring a little light, warmth and hope to the families of children battling cancer. Twice each year, Scentsy, a leader in international fragrance, creates […]
Natura & Co reported 2018 net revenues grew by 36 percent over the previous year to R$13.4 billion. Reported net income surged 48.7 percent in the fourth quarter to R$381.7 million, driven by higher EBITDA and lower financial expenses. This strong result came despite hyperinflationary accounting effects in Argentina and The Body Shop’s transformation costs. Natura & Co’s Executive […]
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2018. Net sales for the full year 2018 were $4.9 billion, an increase of 10 percent compared to full year 2017. Fourth quarter reported net sales of $1.2 billion increased 9 percent compared to the prior year […]
Avon Products, Inc. (NYSE: AVP) announced the launch of a new partnership with Rappi, an on-demand delivery service. In the initial pilot more than 100 Avon products will be available for two-hour delivery through selected Avon Representatives to customers in São Paulo in Brazil, and Bogotá and Medellin in Colombia. The partnership with Rappi will […]
SeneGence International® recently launched its Mexico offices with a two-day event that included a grand opening ceremony and a welcome reception. “This is a very exciting time for SeneGence,” said Joni Rogers-Kante, Senegence president. “International expansion into Mexico is part of our overall growth strategy, and based on the response we received, I know it will […]