Recent news from around the direct selling industry.
We curate the latest news from the best companies in the direct sales industry so you can stay up-to-date on everything affecting your business.
September 3
by The World of Direct Selling
Nu Skin Enterprises has been ranked the world’s No. 1 brand for beauty device systems for the sixth consecutive year by Euromonitor International.
September 1
by Direct Selling News - The News You Need. The Name You Trust.
Letting go of what was and doubling down on what’s next. We’re experiencing a return to normal. Does this phrase sound familiar? The pandemic brought an unexpected boom to the direct selling industry. Many companies saw revenue increases and incredible growth. As the pandemic has eased, so too has that...
September 1
by Direct Selling News - The News You Need. The Name You Trust.
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.
August 31
by Direct Selling News - The News You Need. The Name You Trust.
Natura &Co has completed the sale of Aesop to L'Oréal. The transaction, which was first announced in April of this year, had a final enterprise value of $2.48 billion. This deal is expected to strengthen Natura &Co’s balance sheet and allow it to place more focus on integrating the Natura and Avon brands...
August 31
by Direct Selling News - The News You Need. The Name You Trust.
Water filtration provider Enagic hosted its annual convention in Las Vegas, Nevada, offering insight and motivating presentations that highlighted the importance of building relationships with customers. Industry leaders Darren Ewert and Mike Dreher offered the keynote presentations at the event, sharing...
August 29
by Direct Selling News - The News You Need. The Name You Trust.
The Family Place, the largest provider of family violence services in Texas, announced it will present the Texas Trailblazer Award to Mary Kay Inc. Chief Executive Officer Ryan Rogers.
August 29
by Direct Selling News - The News You Need. The Name You Trust.
Natura &Co, the parent company of Avon, announced in its securities filing this week that it has authorized its management to explore strategic alternatives for The Body Shop, which may include a potential sale of the business. This announcement comes as The Body Shop saw a 12% sales decline during the...
August 29
by Direct Selling News - The News You Need. The Name You Trust.
LifeVantage Corporation announced its financial results for the fourth fiscal quarter ending June 30, 2023. Included in the report was revenue of $54.2 million, a 6.4% increase over the same quarter in 2022, and a net income per diluted share of $0.15, up from a loss of $0.11 in 2022. Total active accounts...
August 27
by The World of Direct Selling
The global landscape of selling is shifting, with technology acting as a powerful catalyst for change. How do you prioritize technology investments?
August 25
by Direct Selling News - The News You Need. The Name You Trust.
Shein and Forever 21 announced a deal that will combine the fast-fashion competitors’ customer reach. As part of the joint venture, Shein will acquire a third of Forever 21’s operator, SPARC Group, and SPARC Group will take a minority stake in Shein.
August 25
by Direct Selling News - The News You Need. The Name You Trust.
Thermomix hosted more than 250 distributors from the U.S. and Canada at its 2023 Annual Thermomix ROAR Conference: Round Up & Roar in Austin, Texas. At the event, the company emphasized a commitment to its U.S. expansion strategy and announced plans to move its corporate headquarters from Thousand Oaks,...
August 24
by Direct Selling News - The News You Need. The Name You Trust.
The Direct Selling Association (DSA) hosted a meeting with Rep. Richard W. Allen (R-GA) as part of its Women’s Entrepreneurship Roundtable Series. The purpose of these roundtables is to give independent direct sellers from DSA member companies an opportunity to voice their concerns and share their experiences...