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, announced the grand opening of its new distribution and sales support center in Moscow, Russia.
A ribbon cutting celebratory event held on November 1, 2014 welcomed key leaders and distributors to inaugurate the opening of Youngevity’s first office in Russia.
In order to support this growing market, Youngevity’s new office will provide a central location in Moscow that is fully equipped with a sales and distribution center to handle product ordering to delivery, a large conference room to hold distributor education and training sessions, customer service desks, and a product showroom.
“We are proud to launch Youngevity’s first office in Russia and we plan to open a number of distribution points to cover the region,” said Ricardo Spilman, Director of Sales and Operations for Eastern Europe and Israel.
“Russia is one of the fastest growing billion dollar markets in the direct selling industry. The entrepreneurial spirit is amazing in Russia as we already have hundreds of new Russian distributors that attended our first training sessions and they are highly motivated to get started with their
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Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct sale of premium-quality nutritional and personal care products, announced the appointment of Richard Zhang as Managing Director, China for Nature’s Sunshine Products (“NSP”), and the appointment of Henry Zhou as Managing Directors, China.
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Ackman supported his bet with a 334-slide PowerPoint presentation that eviscerated the company in heroic detail. Whether Herbalife’s business model is illegal — ongoing investigations by federal and state authorities have that issue, and others, under scrutiny — much of what Ackman said at the time appears well-taken today.
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