Hot Business News Today

Hot Business News Today

ForeverGreen Announces Accelerated Growth In Europe And Asia

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ForeverGreen Worldwide Corporation (FVRG) announced that growth is accelerating in several geographic regions, especially Europe and Asia.
“Several key indicators for Europe are trending strongly upward during the last several months.
Our auto-ship orders, a key measure of brand loyalty and retention, have grown 64% since March. Total European sales have also grown significantly during this same time frame and now represent 36% of the companies’ overall sales. I firmly believe that ForeverGreen Europe is positioned to continue its growth both in terms of sales and customer retention.
We are working on several internal initiatives to make this possible, such as local distribution and the merger of the FG and FGX models. I could not be more confident of the direction we are headed and the initiatives in place to ensure continued upward growth,” stated Blake Schroeder, President of ForeverGreen Europe.
Bob Mower Steed, President of ForeverGreen Asia Pacific, has recently moved to Hong Kong to oversee the dynamic markets in the Far East.
“I was told many years ago that if you want to be an active participant instead of a casual observer that you need to ‘put your face in the place.’ ForeverGreen Asia is experiencing unprecedented growth, and I jumped at the chance

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Nature’s Sunshine Announces Closing Of Strategic Alliance With Fosun Pharma

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Nature’s Sunshine Products, Inc. a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, today announced the closing of its previously announced China joint venture with Shanghai Fosun Pharmaceutical (Group) Co., Ltd. and private placement transaction of 2.854 million shares of common stock, representing approximately 15% of Nature’s Sunshine’s outstanding common shares, to Fosun Pharma at a price of $16.19 per share. Aggregate proceeds to Nature’s Sunshine were approximately $46.2 million.
“Our strategic alliance with Fosun Pharma is the first of its kind between a U.S. company and a Chinese company for direct selling products in China,” commented Gregory L. Probert, Chairman and Chief Executive Officer of Nature’s Sunshine Products. “Our entry into China marks the beginning of a valuable long-term partnership with Fosun Pharma, as well as a significant step forward as a global organization. As part of our go-to-market strategy, we are focused on completing the regulatory approvals process, establishing the necessary legal entities, recruiting key staff, and moving forward with products to market through a multi-brand, multi-channel approach. We look forward to working with Fosun Pharma to capture the vast opportunity ahead.”
The joint venture, known as Nature’s

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DubLi Leaves Auctions And Goes To Shopping Network: Increases Revenue

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DubLi’s financial reportings for the yearly report shows an increase in revenue after leaving the auction program in fiscal 2013. They currently sell premium and V.I.P. member package susbscriptions to online customers. 
DubLi is a global network marketing organization with Business Associate representatives in dozens of countries throughout the world. Business Associates can offer a wide variety of products and services to their customers, many of whom are also recruited to become Business Associates themselves. Business Associates earn commissions on sales of products and services that they sell directly, and earn commissions on “downstream” sales of products and services made by Business Associates that they recruit into the marketing network.
Although revenue increased from $15 Million to just under $18 Million, their operations cost nearly tripled from $7 Million to $29 Million. 
Shares of stock have remained virtually the same over a 5 year period. DubLi remains a year behind on financial reporting. 
 
Overview
DubLi, Inc. has created a framework for attracting and maintaining consumers through a web based shopping and entertainment community. The foundation of DubLi is based on innovative technology, a global platform and an expertise in understanding and capitalizing on global economic trends and changing consumer behaviors. The central hub of the

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