ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced it has made significant progress to further develop business in the African region.
In the Ivory Coast, the company has received a Regulatory Import License for all ForeverGreen Products, including Farmers Market products. NAFDAC product registration for PowerStrips has been approved in Nigeria. PowerStrips have also been approved in Gabon and Tanzania. In Ghana, FDA product registration was approved for PowerStrips.
Later this month, the company will be launching local distribution in Ghana, and in September, Joe Jensen, President of MEA, India and AU/NZ, will be hosting local meetings to inaugurate the opening of local pick-up centers in Ghana and Nigeria.
“Unlike in Europe, where members have local distribution with centralized shipping, members in Africa are looking forward to having
Hot Business News Today
Hot Business News Today
Youngevity Records $38.7 Million in Q2
by Ramya Chandrasekaran • • 0 Comments
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the second quarter and six months ended June 30, 2015.
Second Quarter 2015 Highlights:
Revenues increased 18.4% over the prior year period to $38.7 million;
Gross Profit increased 25.7% to $23.8 million compared to the prior year period;
Operating Income increased 84.3% to $2.3 million compared to the prior year period;
A non-cash expense of $2.2 million was recorded in other expense due to change in fair value of warrant derivative liability;
Adjusted EBITDA increased 63.3% to $3.3 million compared to the prior year period and 151% over the prior quarter.
“We are excited to report record revenue and record adjusted EBITDA for the second quarter
Hot Business News Today
Total Life Changes Exceeds 3,000 Guests in Atlanta, Georgia
by Nicole Dunkley • • 0 Comments
TLC’s largest National corporate event took place inside the Georgia International Convention Center (GICC) on July 17th – 18th, 2015. Representatives from all U.S. regions and leaders from abroad made their way through the busy streets outside of Atlanta’s Marriott Gateway Hotel and Skyline Shuttle through the doors of the GICC and filled more than three-thousand seats early Friday evening for a special private event.
The TLC Private Business Opportunity overview and elite VIP Ambassador training was provided by TLC’s Vice President Kenny E. Lloyd, TLC Executive Ambassadors, Gregg & Lenika Scott, Erwin & Twiler Portis and newly recognized TLC Ambassadors William & Denise Lee.
The first ever TLC VIP Ambassador Training had guests out of their seats with excitement and ready to capitalize on this life-changing opportunity to feel better, look better,
Hot Business News Today
State Land Board approves selling Elliott State Forest
by Successful IBO • • 0 Comments
The State Land Board has approved selling the Elliott State Forest to a buyer who will agree to restrictive conditions: pay a fair market price, conserve older trees, protect threatened fish and wildlife, produce logs for local mills, and leave it open to the public.
Hot Business News Today
Nerium Recognized As #1 Consumer Products & Services Company On Inc. 500 List
by Nicole Dunkley • • 0 Comments
Recently, Inc. magazine announced its 34th annual Inc. 500 List of America’s fastest-growing private companies, recognizing Nerium International as the #1 consumer products and services company. In addition, Nerium ranked #12 on the list overall.
These rankings represent one of the most prestigious and sought-after honors and reflect Nerium’s success as a leading relationship marketing company specializing in scientifically advanced, age-defying products.
Founded in August 2011, Nerium International has experienced a historic amount of growth since its launch. In its first year alone, the company exceeded $100 million in sales with just one product in its portfolio. It has since grown exponentially in revenue and now boasts a portfolio of science-based, anti-aging products for the face, body and mind. The company has also expanded beyond the U.S. to Canada, Mexico and South Korea.
Hot Business News Today
CVSL Reports Q2 Increased Revenue – Up 45% To $35.7 Million
by Nicole Dunkley • • 0 Comments
CVSL, the parent company of Longaberger, reported a 45 percent increase in revenue for the second quarter of the year.
The direct-selling company reported revenue of $35.7 million, up from $24.6 million in the second quarter last year.
The operating loss was $2.5 million, compared with a loss of $4.1 million in last year’s second quarter.
“We are very pleased with our second quarter results,” said John Rochon Jr., vice chairman of CVSL. “The quarter clearly demonstrated the effectiveness of our strategy of buying companies at favorable prices and then applying our expertise to strengthen them and increase cash flow.
“We believe these results show that our strategy is working. While we continue to focus on improving the profitability of the companies we own, we intend to be opportunistic about potential acquisitions.”
About The Longaberger Company
The
Hot Business News Today
Stemtech in Inc. Magazine’s Top Companies List
by Ramya Chandrasekaran • • 0 Comments
Inc. Magazine has included Stemtech International Inc. on its List of the Fastest-Growing Private Companies in America for the third consecutive year. Stemtech has now appeared on this prestigious list three years in a row and a fourth time in six years, a feat unmatched by any other company in the direct selling industry.
Inc. Magazine pointed out that Stemtech’s repeated achievement is especially significant “in the difficult economic environment of the past few years.”
In a message distributed to the members of his international corporate staff and the global Independent Business Partners in nearly fifty countries, Stemtech Co-Founder, President and CEO Ray C. Carter, Jr., congratulated everyone for this achievement.
Carter said, “It is your dedication and hard work that have propelled Stemtech to this recognition by Inc. Magazine. We did it again, four times in the last six years and three years in
Hot Business News Today
Young Living Essential Oils Unveils 18 New Products
by Nicole Dunkley • • 0 Comments
Young Living Essential Oils, the world leader in essential oils, unveiled 18 new products at the Young Living International Grand Convention in Dallas, Texas. Over the course of ten days, nearly 20,000 members gathered from around the globe to celebrate the past year’s achievements, collaborate ideas, attend workshops and get a sneak peak at the newest additions to the home, beauty, nutritional, oils and kids lines.
“We are excited to unveil the newest product additions to our members, and hope they enjoy them as much as we do,” said Travis Ogden, Young Living Chief Operating Officer. “They demonstrate Young Living’s commitment to quality and dedication to continue offering products that will enhance an overall healthy lifestyle for the entire family.”
The new products offer families a broad spectrum of oil-infused products that help support
Hot Business News Today
Apple more than doubles hiring of women and minorities
by Successful IBO • • 0 Comments
Apple says it more than doubled the numbers of women, blacks and Hispanic workers hired in the last year, although that moved the needle only slightly in terms of improving the overall diversity of its workforce.
Hot Business News Today
7 Things McDonald's Is Testing in America Right Now
by Kate Taylor • • 0 Comments
From all-day breakfast to table service, here are what the chain is testing as it looks to reverse its sales slump.