LR Global Holding GmbH, the parent company of direct selling organization LR Health & Beauty, announced third quarter 2023 sales of $70 million, a slight decrease (0.6%) from the same period in 2022. Sales for the first nine months of the year reached $222.8 million, representing a 4.6% growth rate compared to the first nine months of 2022.
LR Global Holding GmbH announced its financial results for the second quarter and the first half of 2023. In Q2, the company’s sales were up 9.4% year over year to $74.8 million. EBITDA during the period was $8.25 million, an improvement over the previous year’s quarter.
LR Global Holding GmbH, the parent company of LR Health & Beauty, released preliminary figures that show a 5% year-over-year sales increase for the first quarter of 2023. This positive trajectory is a result of a strategic realignment initiative that the company began in summer of 2022.
In an official award ceremony hosted by the German Design Council, LR Health & Beauty’s Zeitgard Pro Cosmetic Device was recognized with the German Design Award 2023 in the Bath and Wellness category.
LR Health & Beauty announced the launch of ZEITGARD PRO Cosmetic Device, a cosmetic device for home use with interchangeable beauty tools. Each tool provides a different function, including deep-pore facial cleansing and the promotion of anti-aging.
LR Global Holding GmbH, the parent company of direct selling organization LR Health & Beauty, announced sales of $135.7 million in the first six months of 2022, a 14.2% drop from the same period of 2021.
LR Group reported its full year financial report for 2021, announcing EBITDA at the upper end of its earnings forecast and a 4% increase in group sales. The company prepared for future growth by strengthening its capital market capability and establishing LR Health & Beauty SE as the new parent company of the LR Group. […]
LR Global Holding GmbH, the social selling parent company for direct selling organization LR Health & Beauty, reported a 4% year-over-year increase in group sales in fiscal 2021, bringing total group sales to EUR 296.2 million. Fourth quarter sales reached EUR 75.5 million, a near-record result for the company. EBITDA for 2021 was up over […]
LR Health & Beauty announced the launch of its new fitness brand LR:GO. This new vertical will focus on the body’s needs before, during and after exercise, and includes a holistic coaching package with workout videos, diet plans and expert tips, as well as products. “In addition, when developing the products, we made sure […]
LR Global Holding GmbH, the parent company of LR Health & Beauty, announced it has issued senior secured floating rate bonds in an amount of EUR 125,000,000. LR Global Holding is now applying for admission to trading of the bonds on the corporate bond list of Nasdaq Stockholm. The Swedish Financial Supervisory Authority has approved […]
In the first nine months of 2021, LR Group, the parent company of direct selling organization LR Health & Beauty, has achieved 7.1% growth in sales compared to the same time period in 2020.
LR Group, the holding company for LR Health and Beauty, announced double-digit growth trends in sales and profitability in the first six months of 2021. Sales increased 14.3% over the same period of the previous year, reaching EUR 153.2 million.