Author Archive for Successful IBO

Jewery Co Silpada Expands into Accessories

Silpada, a leading jewelry direct sales company with a rich heritage of handcrafted designs, has announced the launch of it’s first-ever accessories collection this fall. Best known for its .925 Sterling Silver Collection and brass-based K & R Collection, Silpada is a family-owned business that strives to empower women through one-of-a-kind jewelry and unique opportunities for fashion entrepreneurship.
Beginning July 16, 2015, Silpada will expand its product portfolio by offering a variety of handbags, wallets and scarves.

“We’re thrilled to enter a new category and give women even more reasons to feel beautiful,” said Co-Chief Executive Officers Kelsey Perry and Ryane Delka. “The expansion into accessories is a natural fit that will help us achieve our goals of expanding Silpada’s reach and empowering more women to build lives they deserve.”

Inspired by world travels and global trends, Silpada’s 2015 Fall/Winter Collection tells the story of The New West and can be worn


LifeVantage Q3 Revenues $43 Million

LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its third quarter and nine months ended March 31, 2015.
Third Quarter Fiscal 2015 Highlights:

Revenue was $45 million compared to $55 million in the prior year period;
Revenue in the Americas increased by 1% compared to the prior year period;
Adjusted EBITDA was $3.3 million, compared to $5.7 million in the prior year period;
Identified annual cost structure savings of approximately $4 million.

Dave S. Manovich, Executive Vice Chairman of LifeVantage stated, “We are very pleased with our recently announced appointment of Darren Jensen as our next President and Chief Executive Officer. Throughout the transition to a new CEO, we have focused on taking the necessary steps to help us reignite top and bottom line growth. We have identified approximately $4 million in annual cost reductions.  Approximately $1.3 million