Mannatech Incorporated, the pioneer of nutritional glycobiology, and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, announced the appointment of Eric W. Schrier to the Board of Directors, effective October 28, 2014.
Stanley J. Fredrick, Chairman of the Board of Mannatech, Incorporated, commented, “Mr. Schrier brings a wealth of valuable experience in digital and print media, customer acquisition, and direct selling.”
Mr. Schrier, age 62, served as President and CEO of The Reader’s Digest Association where he was responsible for $2.4 billion in revenue and 4,500 employees and more than 100 million customers in 70 countries during his tenure from January 2006 to March 2007. Since June 2013, he has served on the Board of Directors as Chairman for Edible Media, a multi-platform media company in the farm-to-table food space.
He currently serves on the Boards of Directors for TEN (The Enthusiast Network) (since January 2011), American Chemical Society (since June 2012), Reader’s Digest Association (since April 2014), and MeQuilibrium (since October 2011). He has previously served on the boards of Willow House (from July 2009 to December 2013), Demdex Corp (from July 2009 to January 2011), and Bonnier
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Avon Products’ Rating Cut To Junk By S&P
by Tina Williams • • 0 Comments
Standard & Poor’s Ratings Services on Monday cut beauty products direct seller Avon Products Inc. corporate rating to junk, citing the company’s slower-than-expected progress to improve business and weak results, particularly in the U.S. and Brazil.
“Some of the company’s issues are deeper than we anticipated,” S&P said, cutting Avon’s corporate rating to double-B-plus, one notch below investment grade. While the company has a good geographic diversity, the rating agency said, “it will take time to re-engage its active representatives and rebuild sales growth.”
S&P, however, kept the company’s outlook at stable, signaling an expected improvement.
Founded in 1886 by David H. McConnell, a traveling book salesman, Avon became known for a growing sales force of women—the Avon Ladies—and its trademark “Avon calling!” But the New York-based company has been struggling to grow sales and attract and retain sales representatives.
Avon, which in July reported another quarter of disappointing sales and lower profits but said its U.K. market had reported the first quarter of sales growth since 2010, is the midst of a multiyear restructuring plan that the company is hoping will result in $400 million in savings.
About Avon
Everyday, Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick
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Talk Fusion: “We’re Just Getting Started”
by Nicole Dunkley • • 0 Comments
When Direct Selling veteran and philanthropist Bob Reina established Talk Fusion in 2007, his vision to bring people together with the power of video went global. Every moment since then has been history in the making, foreshadowing the exciting future to come.
With Independent Associates in over 140 countries, Talk Fusion continues to make dreams come true and change the way people around the world communicate and market their businesses. Talk Fusion’s in-house team of product developers prides itself on taking a creative approach to breaking communication barriers.
In 2007, Talk Fusion’s premier product Video Email ended the era of boring black and white emails. Now, in 2014, the upcoming release of CONNECT Video Chat will change communication as we know it again: using WebRTC technology, people around the world will soon be able to chat face-to-face on any device, anywhere, at any time.
In their company-wide live broadcast on November 4, Talk Fusion Founder & CEO Bob Reina and VP of Training & Development Allison Roberts confidently announced to Associates that the company is on the cusp of greatness.
“It’s a great time to be us,” said Founder & CEO Bob Reina. “We do a great job at developing new technology and adding
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Nerium’s Amber Olson Rourke Named Finalists In 11th Annual Stevie Awards For Women In Business
by Nicole Dunkley • • 0 Comments
Nerium International™, the leader in age-defying skincare products, and its Chief Marketing Officer, Amber Olson Rourke, have been recognized as finalists in the 11th annual Stevie® Awards for Women in Business and will ultimately be a Gold, Silver or Bronze Stevie Award winner in the program.
Nerium was selected as a finalist in the Fastest Growing Company of the Year and Company of the Year – Consumer Products categories. Additionally, Olson Rourke was named as a finalist in the following categories: Female Entrepreneur of the Year – Business Services; Woman of the Year – Advertising, Marketing & Public Relations; Young Female Entrepreneur of the Year and Women Helping Women – Business.
The Stevie Awards for Women in Business honor women executives, entrepreneurs, employees and their companies. The Stevie Awards have been hailed as the world’s premier business awards.
Gold, Silver and Bronze Stevie Award winners will be announced during a gala event at the Marriott Marquis Hotel in New York on Friday, November 14. Nominated women executives and entrepreneurs from the U.S.A. and several other countries will be in attendance. The event will be broadcast live on radio in the U.S.A. (and simulcast worldwide) by Biz Talk Radio and taped for a later
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Who Has the Keys to Your Small Business?
by Successful IBO • • 0 Comments
The Federal Bureau of Investigations recently issued an alert, warning businesses that hostile current and former employees are using cloud services and other Internet tools to wreak havoc on company networks.
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College Built OrderUp Expands to 36 Markets
by Successful IBO • • 0 Comments
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S Corporations Cannot Always Write off Losses
by Successful IBO • • 0 Comments
Did you know that you can write off corporate losses only to the extent of basis in the corporation?
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Total-Apps
by mbeeman@directsellingnews.com • • 0 Comments
We power the payment process for direct sellers, eCommerce, and mobile vendors worldwide. Developers for new payment technologies in social media, biometrics and streaming video.
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Zija International Provides Update On Charitable Arm’s First Year
by Nicole Dunkley • • 0 Comments
It’s been a little over one year since Zija International launched The Zija Miracle Foundation, the company’s charitable arm. Zija recently provided an update on the foundation, including what they’ve been able to accomplish and plans for the future.
The foundation’s name pays tribute to Moringa oleifera—nicknamed nature’s “miracle tree”—which is the basis of Zija International’s flagship Core Nutritionals product line.
The Zija Miracle Foundation began by focusing on helping elderly individuals who have been abandoned, as well as young orphans, near one of Zija’s Moringa oleifera farms in Northern India. Since then, they have been able to provide a number of needed items such as cooking supplies, stoves, bedding, and a 2nd floor expansion, which allows the home to take in and help more individuals.
The partnership in India has also led to other opportunities to serve others in need around the world.
In 2011, the devastating Tohoku earthquake and tsunami shattered lives and communities in Japan. Over three years later, the country is still working to recover from the aftermath. This past year, members of Zija Nation in Japan were able to provide support and much-needed service to the community of Sendai, one of the country’s hardest-hit areas.
Just one month after the
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New 5 Year Agreement For Lyoness Open
by Tina Williams • • 0 Comments
The Lyoness Open will feature in The Race to Dubai until at least 2019 following a new five year agreement between The European Tour, title sponsor Lyoness and promoter Golf Open Event gmbh.
Next year marks the Austrian tournament’s tenth consecutive staging, having also previously been played each year between 1990 and 1996 when champions included Ryder Cup stars Bernhard Langer, Ronan Rafferty and Paul McGinley.
As part of the new agreement, the prize fund for the 2015 tournament will be increased by 50 per cent, from €1,000,000 to €1,500,000. The tournament will return to Diamond Country Club, in Atzenbrugg, the host venue since 2010, which is a European Tour Destination as part of The European Tour’s Properties Network, from June 11-14, 2015.
This year, Sweden’s Mikael Lundberg denied home favourite and 2012 champion Bernd Wiesberger a second victory in three years, holing a 40ft birdie putt on the first play-off hole to claim the title.
Keith Waters, The European Tour’s Chief Operating Officer and Director of International Policy, said: “Since returning the our International Schedule in 2006, the Lyoness Open has developed into an excellent tournament, and it has been an important and valued fixture on our Race to Dubai.
“We are therefore delighted