Hot Business News Today

QNET Morocco Ranks Among Top 10 Markets

 
According to a recent report by the World Federation of Direct Selling Associations (WFDSA), the direct sales industry in Morocco generated revenues of approximately $ 12 million in 2013 The awareness of the direct sales industry and profits have increased the number of participants in this important sector to reach the figure of 87 000 of these participants, QNET, an Asian company that specializes in direct sales, just announced an increase in claims and signs of recovery direct selling industry in Morocco, which is now one of the most important markets in the Middle East and North Africa. Note that Morocco was also ranked at the end of the second quarter of 2014 in the top ten markets in the region QNET.
Speaking of the overall performance of the Moroccan market, Khaled Diab, Regional Director of the company QNET for the Middle East, said: “After the success of QNET in Egypt, the company wanted to expand in North Africa. Last year we held our regional conference in Marrakech, with 3,000 delegates from across the region. During the same year, we organized several training courses and seminars to help retailers provide an accurate explanation of the company’s products and to clarify its

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USANA Named Top Places To Work For Sixth Consecutive Year

 
For six years running, USANA Health Sciences has been named one of America’s “Best Places to Work” by OUTSIDE Magazine, ranking No. 53 on this year’s list. Each year, OUTSIDE recognizes the top 100 companies in the United States that help their employees strike the ideal balance between work and play. These companies encourage employees to lead an active lifestyle, are eco-conscious, and prioritize giving back to the community.
“We are thrilled that our commitment to creating a great workplace has been recognized by OUTSIDE Magazine for a sixth consecutive year,” said Kevin Guest, president of USANA. “We want our employees to live their lives to the fullest and encourage them to do what they love, and earning this title demonstrates that USANA has continued to create a positive and engaging work environment for its employees.”
More than 700 USANA employees in Utah enjoy impressive workplace benefits, including an annual profit-sharing program, free monthly company health products, excellent health and life insurance packages and regular health fairs. USANA’s efforts have also earned it standings on Utah BusinessMagazine’s “Best Companies to Work For in Utah” and PR News’ list of “Top Places to Work in PR”.
“We make sure our employees have everything they need to

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Mannatech Hosts 7,000 At MannaFest Event In Seoul Korea

 
Mannatech®, Incorporated, the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, hosted its second annual Asia MannaFest event on October 1, 2014 in Seoul, South Korea. The event was held at Handball Stadium in Olympic Park and over 7,000 tickets were sold to participants from Korea, Japan, Taiwan and Hong Kong.
Asia MannaFest’s celebration of 10 years of operation in Korea coincided with the 20-year anniversary of the founding of Mannatech. Chairman of the Board J. Stanley Fredrick, CEO and Chief Science Officer Dr. Robert Sinnott, President Al Bala, Co-Founder and Board Member Ray Robbins and Senior Wellness Director Dr. Steve Nugent were all in attendance to show their support for Mannatech Korea and its role in Mannatech’s rapidly expanding global market.
Featured presentations focused on Mannatech’s expanded global vision, the M5M China Run and the introduction of several new skin and beauty care products. Associates who demonstrated outstanding leadership and business achievements were recognized from stage and a performance by Korean Pop Musician Beomsoo Kim was also held during the main session. Mannatech’s mission to improve lives through the health benefits of their products

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Herbalife Hires Former FTC Commissioner For Compliance Department

 
Herbalife Ltd. HLF has hired a former U.S. regulator to lead its compliance team, after the Federal Trade Commission opened an investigation into the embattled nutritional-supplement company in March.
Pamela Jones Harbour —who worked as an FTC commissioner from 2003 to 2010 and as a prosecutor for the New York State Attorney General’s office for 12 years—has been appointed senior vice president of global member compliance and privacy. She will lead a compliance team across 91 markets in the newly created role, Herbalife said Monday.
Ms. Harbour’s appointment comes as activist investors continue to face off over the company.
Herbalife, which sells weight-loss shakes and fitness supplements, has been pummeled by hedge fund manager William Ackman since December 2012, when he spent more than three hours in a Manhattan auditorium laying out his case for why he thinks the direct marketer is a pyramid scheme whose salespeople rely more on signing up new recruits than selling product. Mr. Ackman has repeatedly called for an FTC investigation into the company, and his firm, Pershing Square Capital Management, has bet about $1 billion that the company’s shares will fall.
The company has repeatedly defended its operations and has won the support of a number of Mr. Ackman’s hedge fund rivals, including Carl

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90,000 Checks On The Way To Defrauded Zeek Rewards Investors

 
The receiver for ZeekRewards.com said last week that more than 90,000 checks are in the mail as part of his first distribution of refunds from the defunct Lexington Internet company.
Kenneth Bell said the value of the 90,297 checks is a combined $134.3 million. However, a combined $23 million was withheld for tax purpose.
Bell stated in August that the payout for most recipients is 40 percent of what they were owed “using the rising-tide method of calculation already approved by the federal court.” A rising-tide distribution is used by courts as a method to pay recovered assets to defrauded investors. The method serves to distribute money in a way that leaves as many investors as possible with the same percentage recovery of their total investment.
Each person receiving a check is owed at least $100.
In August 2012, the U.S. Securities and Exchange Commission accused Rex Venture Group LLC, Zeekler, ZeekRewards.comand Paul Burks, their principal owner, of raising $850 million through unregistered securities. The companies were shut down and their assets frozen.
The companies raised the money from at least 2.2 million customers, including more than 230,000 in the United States and 47,000 in North Carolina.
U.S. District Court Judge Graham Mullen approved in July the distribution request of Sept.

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Morinda Set To Open First Store-Front In U.S.

 
The Making A Difference (M.A.D.) Team, one of the network marketing industry’s most forward-thinking and fastest-growing business groups, plans to open its first storefront networking and health awareness facility in the United States.
The facility, located in one of Wilmington, Delaware’s most popular retail and office areas, features two distinct spaces. The first, the M.A.D. Team Headquarters, allows members to teach and train entrepreneurs how to use cutting-edge business strategies to create their dream lifestyle. The second, the M.A.D. Team Store, provides an experiential environment where individuals can learn how to proactively improve their health.
Visitors can experience a variety of activities at the new location. Individuals can attend business-development presentations, participate in leadership trainings and attend various networking events. Additionally, visitors can receive complimentary AGE (advanced glycation end-product) health readings and sample Morinda’s newest AGE-fighting products.

“We are so excited to have a facility where individuals can come and learn how to improve their health in a proactive way,” said M.A.D. Team CEO and co-founder, Valencia Pamphile. “The science of AGEs gives us information that can help us live younger, longer and sharing this education in our new facility is so rewarding. I love what we are doing!”
 

The opening of The M.A.D.

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