By Cathi Nelson Converting old photographs into digital images by scanning them is a terrific small business opportunity that offers flexible hours and a minimum investment. In fact, in addition to managing APPO, I share a photo scanning business with my teenage children. It has been a great opportunity to teach them the fundamentals of […]
Monthly Archives: December 2014
Hot Business News Today
Avon Makes Fortune Magazines 5 Worst Investments List
by Tina Williams • • 0 Comments
The second worst-performing stock outside the oil and gas exploration sector was Avon (AVN). The direct-selling company is facing soft consumer spending issues at home, and a host of problems abroad, including an economic slowdown in Brazil, a main profit center for the company.
Avon also recently settled a case with the Justice Department for $135 million over bribery allegations related to its business in China.
Avon shared the worst investment rankings with Mattell and Genworth Financial.
Avon Products, Inc, known as Avon, is an American international manufacturer and direct selling company in beauty, household, and personal care categories. As of 2012, Avon had annual sales of $10.0 billion worldwide in 2013.
It is the fifth-largest beauty company and second largest direct selling enterprise in the world, with 6.4 million representatives. Avon Products is a multi-level marketing company. The company’s CEO is Sherilyn S. McCoy, who was appointed to that position in April 2012. The former CEO, Andrea Jung, became the executive chairman of the board.
Hot Business News Today
LR Restructuring Their Management Structure
by Tina Williams • • 0 Comments
The company’s CEO, Dr. Jens M. Abend, will transfer from Operational Management to the Advisory Board of the LR Group. The managers Patrick Sostmann, Tilo Plöger, Dr. Andreas Laabs and Thomas Heursen, will conjointly lead the company along the existing growth and internationalization strategy.
Patrick Sostmann (40), since 2006 with LR and responsible for Global Sales, will resume additional responsibilities as new spokesman of the Executive Management. Tilo Plöger (47), since 2007 in charge of Marketing and Operations at LR, will take over Human Resources. Dr. Andreas Laabs (41), who joined the Executive Management as CFO in summer 2014, will be responsible for the E-Commerce and IT department.
The area of responsibility of Thomas Heursen (52), with the company since 1992 and responsible for the Global Partner Relations segment, will remain unchanged.
Dr. Jens M. Abend started his career with LR in 2006 as CSO (Chief Sales Officer) and in April 2007 was appointed CEO of the LR Group. Under his leadership the company transitioned from a family run business into a modern management-led company with professional structures and processes. Specific investments in the market and strategic positioning as well as decisive internationalization initiated a new period of growth. Moreover, Dr. Jens
Hot Business News Today
LR Health & Beauty CEO Joins Advisory Board in Management Shuffle
by mbeeman@directsellingnews.com • • 0 Comments
Leading European direct seller LR Health & Beauty Systems is restructuring the leadership of its day-to-day operations at the close of 2014. LR has announced that Dr. Jens M. Abend, CEO of the company since 2007, is transitioning to the Advisory Board of the LR Group.
Hot Business News Today
DubLi Reports EOY 2013 Results – Up Over 150%
by Tina Williams • • 0 Comments
Although a year behind in reporting, the results are positive.
End of year results for DubLi in 2012 had a gross income of $3.75 Million and showed an increase to $15.25 Million. Net income in 2012 showed in the red of $27 Million and end of year for 2013 showed a positive of $3.8 Million. Since the reporting is a year behind, this is reflective of the change from an auction site that DubLi launched as into an online shopping mall, which has clearly taken it into the positives.
Shares have remained relatively the same with a few ups and downs, but no significant changes.
Based on wide associate promotions in 2014, the estimate is that revenue will continue to show an increase, especially in North American sales. The forecast is promising for DubLi.
DubLi Inc through its subsidiaries, provides Cashback rewards and value-based travel, shopping, and entertainment portals to online customers, through DubLi.com, worldwide. The companys DubLi.com, which features various brand name stores and travel companies, enables consumers shop, find the deals, and then earn Cashback with each purchase. It also operates DubLi Network (Dublinetwork.com) that offers the entrepreneurs an opportunity to create their own distributor organizations.
DubLi Inc was at $0.125, showing
Hot Business News Today
New Company, UNO Premier, Launches Lavishly
by Tina Williams • • 0 Comments
Celebrities converged for a night of glitz and glamour as Unlimited Network of Opportunities Inc. International (UNO Intl.) introduced its newest brand for the highend market, UNO Premier. Held at the Enderun Colleges at the Fort, among the celebs spotted were Jean Garcia, Vivian Velez, basketball player Don Allado and many others.
The affair started with audiovisual pre sentations about the milestones of its mother company, UNO, and the introduction of its new, luxurious and highquality product line under the UNO Premier brand. The company is proud of its tradition as the leading network marketing company in the country, dwarf ing other competitors with its over 500,000 strong members/ distributors worldwide.
The collective presentations of trailblazing UNO Board members William Barbo, Oliver Chua and Herbie Chua also showcased the new digital media arms of the company such as the UNO Premier website, UNO Apps and Facebook page. They also highlighted a new, prestigious office address at The Fort, Taguig.
Oliver Chua introduced Le Jeune Cosmetiques, a luxurious makeup line that includes Le Jeune Minerals, cosmet ics infused with the opulence of 24karat gold microparticles, and delivered with the finest natural ingredients sourced from Japan, Switzerland and Germany. The line also includes Mineral
Hot Business News Today
Pinterest to Launch Promoted Pins for US Advertisers in 2015
by Successful IBO • • 0 Comments
Advertisers will soon be able to launch campaigns on Pinterest with the addition of promoted pins in 2015.
Hot Business News Today
FSB: New year will be promising for small businesses
by Successful IBO • • 0 Comments
John Allan, chairman of the Federation of Small Businesses, has expressed optimism for the fortunes of small companies in 2015.
Hot Business News Today
Las Vegas betting on chance of New Year's Eve snow
by Successful IBO • • 0 Comments
If Sin City’s sports books took bets on the weather, snow in Las Vegas on New Year’s Eve would normally have terrible odds.
Hot Business News Today
Meister targets American Realty Capital Properties
by Successful IBO • • 0 Comments
Keith Meister’s Corvex Management disclosed a 7.1 percent stake in American Realty Capital in a bid to shake up the board at the troubled real estate investor.