Hot Business News Today

Hot Business News Today

Malaysian Direct Selling Growth Projected To Flatline

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The collective revenue of the multi-billion-dollar Malaysian direct selling industry is projected to be flat this year compared with 2014, as the industry grapples with weak consumer sentiment.
Industry insiders said revenue could come in at around RM13 billion ($3 billion), roughly the same as last year. According to Direct Selling Association of Malaysia (DSAM) president Frederick Ng, the goods and services tax (GST) has had an impact on sentiment. He believes growth this year will be flat.

“Consumers nowadays have adopted a cautious attitude towards spending, following the implementation of the GST,” Ng added.

The industry is projected to post a revenue of RM13 bil, up 4.8% from 2013. The industry’s performance for last year would be known later this year, when the Domestic Trade, Co-operatives and Consumerism Ministry announces the actual 2014 turnover.
The

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Direct Sales On The Rise In Philippines

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Direct selling businesses in the country are growing significantly and remain one of the top alternative sources of income especially among women, according to Sophie Paris Philippines.
Jomel Diaz, Sophie Paris sales manager for Northern Luzon and Visayas, said that compared with the previous years, Filipinos are now aware of how a direct selling business works and how the business can help them augment their income.

“Ten years ago, direct selling companies had difficulty engaging people to join but with the expansion of the industry over the years, coupled with the testimonies of successful people in the industry, this business model has gained traction and has attracted more people to get involved,” said Diaz.

A direct selling business, according to the Direct Selling Association of the Philippines (DSAP), is “a business model that offers entrepreneurial

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Meet ForeverGreen 1-Stars, Vincenzo & Maricris Cammareri

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Vincenzo & Maricris Cammareri were first introduced to the direct selling industry in October 2013. They participated in their first opportunity meeting with a well-known company in Santo Domingo, Dominican Republic. Vincenzo and Maricris learned a lot their first year within the industry, however they did not achieve the results they had anticipated.
After learning from a trusted colleague about important key factors to look for in a network marketing company, they felt impressed to look for fresh experiences and a brand new start.
After meeting Ron Williams at a ForeverGreen event in the Dominican Republic, they knew they’d found the company and opportunity they had been searching for and were immediately onboard with the ForeverGreen culture, philosophy and vision.
“We feel excited to be a part of a solid company with rapid growth

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Continued Growth In Colombia For Total Life Changes

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On Saturday, August 15th, 2015 Colombia experienced an amazing leadership event filled with state of the art training and professional guest speakers. This Super Saturday Event re-affirms Colombia as TLC’s largest organization in Latin America.
The event was held at the Compensar Center, which is one of the most significant venues in Bogotá, Colombia. Total Life Changes and the Compensar Center have built a solid and strategic alliance to accommodate important TLC events. TLC representatives showed enthusiasm and commitment by showing up hours before the start of the event and the energy continued from start to finish.
What made this event extraordinary was the presence of guest speakers Dr. Gustavo Rico and internationally recognized coach Andres Rada. Dr. Gustavo Rico discussed the many benefits of Total Life Changes hero product Iaso Tea™. He explained in great detail

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NuCerity Appoints Greater China Sales & Marketing Director

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NuCerity has announced the appointment of Eris Ching as the Sales and Marketing Associate Director for NuCerity Greater China.
Under the direction of Shawn Larsen, Vice President of Asia, Eris will oversee the markets of Hong Kong, Mainland China, and Macau and will manage all business strategy, sales, and marketing functions in these regions.
Throughout his 10 years in the network marketing industry, Eris has served in a variety of capacities, including customer service, operations, sales, and marketing. He also succeeded in launching new markets with some highly successful U.S.-based network marketing companies. Eris’s proven track record of sustained business growth within Greater China will be a valuable asset to NuCerity.

“I have a great love and passion for network marketing,” Eris said. “I am very excited and look forward to working with the quality

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Blyth Earnings Down 16% In Second Quarter

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Greenwich-based home fragrance and decor company Blyth (NYSE: BTH) announced last week a 16 percent decline in net sales for the second quarter of 2015 over the same period a year ago.
Net sales were $88 million compared to $104 million a year ago. The performance is only the latest in a string of poor quarterly reports from the company, and as a result shares have continued to plummet. Shares hit a 52-week low of $2.90 Wednesday and were up 0.59 percent at the end of trading Wednesday, still down almost 63 percent over a year ago. 
Operating losses for the company totaled $7.1 million for the second quarter, compared to $2.1 million a year ago. The company recorded restructuring and impairment costs of $2.4 million at PartyLite’s manufacturing plant in Cumbria, England, related to the

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