Monthly Archives: February 2016

CVSL Announces Name Change, Provides 2015 Q4 Revenue Estimate

 
Direct selling conglomerate CVSL is entering the new year with a new name, the company announced Wednesday.  In a preview of its fourth quarter earnings, Texas-based CVSL said it will begin operating under the name JRJR Networks.
When the paperwork is in order, the company’s common stock will trade under the symbol JRJR on the NYSE MKT.
“We inherited the CVSL name when we acquired the company three years ago,” the junior Rochon said in a statement. “We have always intended to change our name at the appropriate time, to give us a unique identity. Now that we have grown to encompass 10 companies, doing business across the globe as a ‘network of networks,’ the time has come to assert our new identity.”
CVSL’s stable of direct-to-consumer brands includes basket and home decor seller The

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ConMed Announces 2015 Q4 – Sales Down 2% To $191 Million

 
CONMED Corporation (Nasdaq:CNMD) today announced financial results for the fourth quarter and fiscal year ended December 31, 2015.
Fourth Quarter 2015 Highlights

Sales were $191.0 million, a decrease of 2.0% compared to the fourth quarter of 2014. On a constant currency basis, sales increased 0.5% over the prior-year period.
Gross margin expanded 30 basis points year over year to 53.6%. Adjusted gross margin expanded 80 basis points year over year to 55.1%.
Diluted earnings per share (GAAP) were $0.28, compared to $0.41 in the fourth quarter of 2014. Adjusted diluted earnings per share were $0.52 versus $0.53 in the prior-year period.
Signed definitive agreement to acquire SurgiQuest, Inc., which significantly bolsters CONMED’s Advanced Surgical portfolio. The transaction closed on January 4, 2016.

Fiscal Year 2015 Highlights

Sales were $719.2 million, a decrease of 2.8% compared to the full-year 2014.

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Viridian To Accelerate Growth With New Solar Partner

 
Viridian’s parent Crius Energy LLC is marking a milestone in the business. The company’s solar energy sales have topped 50 megawatts in the past two years, supplying clean solar power to nearly 7,000 customers.
Crius closed out the third quarter of 2015 with a 90 percent year-over-year increase in megawatts of generating capacity sold, driven primarily by direct selling subsidiary Viridian Energy. The Stamford, Connecticut-based company is looking to accelerate that growth through its partnership with Sungevity, a solar provider with operations in the U.S. and Europe. The contract secures more favorable terms and a higher profile for Crius than a prior agreement with SolarCity.
“The solar energy market represents a high-margin opportunity for Crius, having contributed 10 percent to our EBITDA last year,” Crius CEO Michael Fallquist said in a statement. “We look

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Jade & Jasper Welcomes Executive Director Of Field Development

 
Jade & Jasper, a boutique-style fashion jewelry company out of New York recently hired Grace Calderon as Executive Director of Training and Field Development.
In addion to this new appointment, the company also became a member of the DSA.  Calderon brings to Jade & Jasper an extensive portfolio with much experience in growing established direct sales companies.
Most recently, she served as the National Sales Director for a startup in the skincare industry. Calderon’s direct sales career began in the field as an entrepreneur who built her own multimillion-dollar organization.
“We are thrilled about the expertise and energy that Grace brings to Jade & Jasper. Her key skills will assist us in building our sales force to accelerate Jade & Jasper’s market penetration and brand presence nationwide,” says Anne Lee, Vice President of Sales

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Total Life Changes Releases New Skin Serum At The 2016 TLC Awards Show

 
Guests from across the United States and as far as El Salvador and the Netherlands traveled to New Orleans to attend Total Life Changes’ 2016 Next-Level Training & Awards Show. TLC’s event was hosted by Vivica A. Foxx and Carl Payne at the Ernest N. Morial Convention Center on January 29th-30th. The event kicked off with several incredible event-only Buy One Get One Deals.
“I wanted to create packages that would not only generate value and excitement for our guests, but also truly reward them for making a commitment to attend this event. Attendees could choose from three BOGO Iaso® Tea packs (25, 50 and 150) as well as BOGO home party kits and shapewear garments. The buy one get one deals were very well-received” explains Total Life Changes’ Chief Operating Officer John

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