At the Deloitte Technology Fast 500 virtual awards celebration, eXp World Holdings, the holding company for eXp Realty, was named one of the fastest-growing companies in North America. eXp World Holdings ranked 129th among 500 nominees, placing it ahead of household names like Zoom and Etsy.
Las Vegas-based MyDailyChoice/Hempworx recently announced that Kathleen Earle has been appointed chief operating officer. In her new role, Earle will be responsible for building the processes and structure to support the growth of founders Josh and Jenna Zwagil, including a new home office. Earle is a 25-year veteran of the network marketing industry. She was […]
Direct sellers such as Amway, Natura and Avon have reason to be optimistic for the growth of their hair care product lines over the next five years. A new report by ResearchAndMarkets.com—“Global Hair Care Market Trends, Size – Segmented by Product, Distribution Channel (Direct Selling, Hypermarkets & Retail Chains, e-Commerce), and Geography – Growth, Trends and Forecast”—states the […]
Natura & Co. recently reported another strong quarter of growth in 2018, with consolidated sales rising by 37.1 percent in Q3, reaching R$3.24 billion. On an adjusted basis, consolidated net revenue grew 16.6 percent in the third quarter of 2018, compared to the same period last year, with strong performance across all three businesses. In […]
Nu Skin Enterprises, Inc. (NYSE: NUS) announced third-quarter 2018 revenue of $675.3 million, an increase of 20 percent over the prior-year period. “We delivered strong year-over-year financial results with reported revenue growth in every region, highlighted by double-digit increases in Mainland China and Southeast Asia,” said Ritch Wood, chief executive officer. “This is our fourth consecutive quarter of revenue […]
Herbalife Nutrition entered the $38 billion coffee industry yesterday the launch of a Mocha High Protein Iced Coffee. The company’s recent global breakfast survey of over 8,000 people revealed that in the U.S. specifically, more than 60 percent of consumers drink coffee daily. Younger coffee drinkers are driving the iced coffee category growth—in 2017, more than 50 […]
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane […]
Avon Products, Inc. (AVP) shares rose 1.7% after the company recently announced its new growth strategy and long-term financial targets for 2021. The updated “Open Up Avon” strategy is geared at bringing Avon back on its growth trajectory by focusing on revamping the direct selling business, renovating the brand and boosting e-commerce. The Avon Products, […]
On paper it doesn’t seem like Xyngular’s math should work. The company’s equation for weight loss? Become less to become more. Its algorithm for financial stability? Bring in a few hundred dollars more a month, not millions a year. Xyngular Founded: 2009 Headquarters: Lehi, UT Top Executive: Russ Fletcher, CEO Annual Revenue: $100 Million But the […]
According to the recently released “Global Dietary Supplements Market – Growth, Trends, and Forecast (2018-2023)” report by ResearchAndMarkets.com, the global dietary supplements market was valued at $96 billion in 2017, and it is expected to grow at a CAGR of 6.9 percent during the forecast period. The dietary supplements market is primarily driven by the paradigm shift toward […]
Sao Paolo, Brazil-based Natura & Co, the Brazilian beauty and cosmetics giant, recently reported results from the second quarter ended June 30, 2018. Revenue was up 13.6 percent to R$3.1 million from R$2.729 million in 2017. Revenue growth was up in every brand: Natura, up 9.8 percent; The Body Shop, up 14.8 percent; and Aesop […]
Duluth, Ga.-based Primerica, Inc. recently announced financial results for the quarter ended June 30, 2018. Total revenues and adjusted operating revenues each increased 13 percent to $467.8 million and $466.9 million, respectively. “We achieved 43 percent growth in EPS year-over-year and 24.5 percent ROE in the second quarter, reflecting solid performance, ongoing share repurchases and […]