Hot Business News Today

Hot Business News Today

PartyLite Canada VP/Sales Honoured By Direct Sellers Association Of Canada

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Tracie Graham, Vice President of Sales at PartyLite Canada, was specially honoured by the Direct Sellers Association of Canada at its annual conference held in Halifax, Nova Scotia, where the organization also celebrated its 60th anniversary. Tracie received the organization’s Distinguished Service Award.
According to DSA President Ken Mulhall, the award is presented to individuals who have made a significant contribution to the advancement of the DSA through their involvement in the affairs of the association, in their community or in public service. 
“It is with great pleasure that the Direct Sellers Association of Canada is presenting a Distinguished Service Award to Tracie Graham, Vice President of Sales for PartyLite Gifts,” said Mr. Mulhall. “Tracie received this award because she masterfully led the Member Rewards Taskforce to sunset our previous program and launch a new and improved affinity program for the association. 

“Also, Tracie has been a great ambassador of the DSA through her participation on the DSA Board of Directors. Tracie’s commitment to the DSA was further acknowledged by her moving into the role of Vice Chair during this year’s Annual General Meeting. The DSA is very fortunate to have Tracie on our team.”

PartyLite Canada was also acknowledged at the meeting for its compliance with

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LifeVantage Announces 4th Quarter Results – Up 8%+ to 56 Million

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 LifeVantage Corporation (Nasdaq:LFVN), a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically validated products, today reported financial results for its fourth quarter and full fiscal year ended June 30, 2014.
Fourth Quarter Fiscal 2014 Highlights:
Revenue was $56.0 million, an increase of 8.8% over the prior year period;
Revenue increased in the Americas by 12.3% compared to the prior year period;
Operating income was $4.8 million and net income was $2.4 million; and
Successfully launched the TrueScienceTM Skin Care Regimen.
Full Year Fiscal 2014 Highlights:
Revenue was $214.0 million, an increase of 2.8% over the prior year;
Revenue increased in the Americas by 6.1% over the prior year;
Operating income was $19.5 million and net income was $11.4 million;
Cash from operations grew 13.5%; ended the fiscal year with cash of $20.4 million;
Repurchased $46.2 million in shares and reduced long-term debt by $16.2 million; and
Began Real Salt Lake Major League Soccer marketing sponsorship.
Douglas C. Robinson, President and Chief Executive Officer of LifeVantage, stated, “We are pleased to report revenue growth for the fourth quarter and full fiscal year. Our sales results reflect reignited growth in North America, partially offset by lower sales in Japan caused by continued distractions. We were successful in leveraging our general and administrative infrastructure while making important investments in sales and marketing, product development and geographic expansion initiatives. Throughout fiscal year

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Americans Go To Capitol Hill To Share Direct Selling Stories With Congress

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More than 400 independent direct selling consultants representing 28 companies, 30 states, Puerto Rico and the District of Columbia met with members of Congress today during Direct Selling Associations (DSAs) second annual Direct Selling Day on Capitol Hill. Participants shared personal stories about how direct selling has helped them achieve business and personal goals to create a better life.

Direct selling empowers entrepreneurs who are building the American economy community by community, said Joseph Mariano, president of DSA. Our industry has a positive story to tell, and Direct Selling Day on Capitol Hill is a great way to explain that our people are the industrys greatest asset.

Participants from all corners of the country related how direct selling which involves the direct sale of products and services person-to-person, through home parties or online through distributor websites has provided them with personal flexibility, the opportunity to own their own businesses and the chance to achieve a variety of personal and professional goals including supplementing their income, receiving recognition for successes and promoting a product or service they stand behind.

Mariano continued, Direct sellers live and work in every state and Congressional district in the country. Its critical that policymakers understand the value that direct

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Herbalife’s Expansion Into Canada

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Herbalife Ltd. (HLF) announced yesterday that it will launch its performance nutrition line, Herbalife24™, in Canada. The comprehensive nutrition package is designed to cater to the daily nutrition needs of athletes. The company has also partnered with the non-profit organization, Common Threads, to target younger age groups in the US as well.
The company’s increased focus on product innovation and relationship building efforts with its target market shows it will continue to expand its operations in the future, disregarding any accusations of it being a pyramid scheme. Products targeted at athletes might turn out to be a significant growth driver for Herbalife in the future.
Herbalife24 is a comprehensive performance-nutrition package, which consists of five products that let consumers modify their nutrition plan to meet their training demands and their daily nutrition needs according to the sport they play. All products in the package have been certified by the Public Health and Safety Organization, NSF International Inc.
Each product was tested to make sure that it contains no banned substances. This certification adds credibility to the products, as athletes need to be assured that the ingredients used are legal and safe. These products do not contain any sweeteners or artificial flavors.
Herbalife realized

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