Neora, a leading provider of holistic, science-based skincare, hair care and wellness products, recently announced the appointment of Dave Fleming to Executive Vice President of Business Development.
Mr. Fleming has more than 20 years of experience in the direct-selling industry holding various leadership positions, including roles as President, SVP Global Sales, and Chief Sales Officer.
Prior to joining Neora, Fleming guided global sales for two NASDAQ-traded direct selling companies and multiple international brands, including Norwex, LifeVantage, and Nu Skin as well as technology leaders in Silicon Valley.
His proven track record of success is rooted in his ability to unite marketing, sales support, and IT teams with field leadership, especially where technology merges with the core principles of direct selling. He also understands that a company’s overall success comes by helping one individual at a time reach his or her personal best.
“Neora has always led from the forefront with innovative and forward thinking,”
Fleming said.
“They have endeavored to do things the right way, built an outstanding team that delivers world class products, and is positioned to be a leader in direct selling for long time. Our greatest strength is our culture and how we support each other. That is evident
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This free programming bootcamp grants one child for every adult who signs up, see how it works
by Entrepreneur en Español • • 0 Comments
To promote digital education in Mexico and Guatemala, the Cargamos platform launched ‘Educa’, a free programming bootcamp that offers scholarships for children in vulnerable situations.
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Are you an entrepreneur in Mexico? This initiative seeks to give you 100,000 dollars to help you
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The Wadhwani Foundation launched the “Wadhwani Sahayata” program that supports Mexican entrepreneurs through intensive expert consulting at no cost to entrepreneurs.
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Medifast, Inc. Announces 2018 Q3 Revenues Up 80.3% To $139.2 Million
by Nicole Dunkley • • 0 Comments
Medifast, Inc. (NYSE: MED), a leading manufacturer and distributor of clinically proven, healthy living products and programs, today reported financial results for the third quarter ended September 30, 2018.
Third Quarter 2018 Highlights:
Revenue of $139.2 million, an increase of 80.3% year-over-year
Active earning Coaches of 22,600, an increase of 59.2% year-over-year
Net income of $13.8 million, an increase of 106.1% year-over-year
Earnings per diluted share (‘EPS’) of $1.14, an increase of 107.3% year-over-year
‘We are very pleased with our record third quarter revenue and profitability which reflects an accelerated rate of growth in our total active earnings OPTAVIA coaches and coach productivity,’ commented Dan Chard, Medifast’s Chief Executive Officer.
‘We continued to successfully align our corporate and field leader activities behind a repeatable business rhythm focused on our long-term purpose and mission to offer the world lifelong transformation, one healthy habit at a time. We believe we are well positioned to deliver long-term sustainable growth and value for our shareholders.’
Third Quarter 2018 Results
For the third quarter of 2018, revenue increased 80.3% to $139.2 millionfrom revenue of $77.2 millionfor the third quarter last year. OPTAVIA-branded products represented 70% of consumable units sold for the third quarter of 2018 compared to 43% for the third quarter of last year.
The total number of active earning OPTAVIA Coaches for
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Modere Announces Craig J. Colyar As New General Manager of North America
by Nicole Dunkley • • 0 Comments
Modere recently today announced Craig J. Colyar as the company’s new General Manager of North America. Colyar replaces Justin Serra, who was appointed to Senior VP of Global Sales & Marketing in April of this year.
“We are delighted to welcome Craig to Modere. After an extensive review of top-level candidates for our North American GM over these past few months, we are confident we have selected an outstanding individual for this important position.”
“Craig brings 18 valuable years of experience in sales and operations to this leadership role. He has served 14 of those years in high-level management roles, overseeing regional and global sales and operations for several top-performing and fast-growing companies,” said Asma Ishaq, Chief Executive Officer of Modere.
“Our North American market continues to accelerate, and Craig is exactly the right person to manage and enhance its continuing growth.” The US and Canadian markets that Colyar will be leading currently boast a combined 24.6% growth, measured quarter over quarter.
In 2000, Colyar began his career working in regional operations and sales for Tahitian Noni International, Morinda, Inc. in Mexico City. From there, he advanced to Managing Director of Global Sales for the company in 2007, where he developed and supervised the rollout of domestic and international sales
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ForeverGreen Announces KetonX European Registration Approved
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation (OTCQB: FVRG), a global direct marketing company and provider of health and wellness products, announces the European Registration for the KetonX Weight Loss System. KetonX is quickly becoming one of the top, leading products at ForeverGreen.
Currently available in over 107 countries via ForeverGreen’s global envelope model, KetonX will now ship locally from ForeverGreen’s European warehouse to all European countries.
European registration now allows local distributors and customers to grow their KetonX business via retail sales, adding a new sales channel for distributors that was previously unavailable. Local shipping for KetonX cuts costs and reduces shipping times from 10-14 business days to 3-4 business days. Potential customs delays are eliminated, creating a seamless order fulfilment to customer receipt experience.
KetonX is a drink product that allows the body to begin converting into a state of nutritional ketosis within a matter of hours, not days. Featuring a patented blend of ingredients, KetonX is a safe and simple way to achieve ketosis without the negative side effects of a typical ketogenic diet. KetonX has been available in multiple markets since its initial launch and is now available in over 107 countries.
“Completing our KetonX European registration was a huge step forward for growing
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Nature’s Sunshine Appoints Terrence Moorehead As Chief Executive Officer
by Nicole Dunkley • • 0 Comments
Nature’s Sunshine Products, Inc. (NASDAQ: NATR), recently announced that Terrence Moorehead has been appointed Chief Executive Officer and a member of the Company’s Board of Directors effective October 1, 2018.
With over 20 years of experience developing consumer strategies, strengthening processes, and driving profitability across multiple channels, Mr. Moorehead brings leadership, passion and focus to Nature’s Sunshine. His in-depth experience leading complex transformations, revitalizing brands, and building high-performance teams is fully in line with the company’s future plans.
“We are excited to have someone of Terrence’s caliber lead Nature’s Sunshine into the future,” said J. Christopher Teets, board member, Chairman of the Governance Committee and a member of the executive search committee.”
“He brings a rich combination of leadership, experience, and energy that will breathe new life into the business. His extensive international experience, strong strategic and operational background, and practical hands-on experience building positive relationships will be valuable assets as we reposition the company for the future. Employees and distributors will find his dynamic and high energy leadership style engaging and contagious.”
Mr. Moorehead joins Nature’s Sunshine from Carlisle-Etcetera LLC, a luxury women’s apparel house that creates exclusive designer collections. At Carlisle, he enhanced branding, contemporized styling, and improved service by building omni-channel
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Nerium International Announces First Quarter New Business Growth
by Nicole Dunkley • • 0 Comments
Nerium International is riding a wave of positive business growth in Q1 across the globe. “With the addition of Bo Short leading our sales organization and his focus on field training and leadership development, and the strategic introduction of innovative new skincare and wellness products, Nerium International is experiencing explosive growth of new Independent Brand Partners,” said Founder and CEO Jeff Olson.
Nerium International’s U.S. and global sales teams are flourishing in markets throughout North America, Asia-Pacific, Latin America, and Europe. Nerium reports that Q1 new Brand Partner growth was phenomenal and is trending upward as compared to the previous month.
In February, Nerium Australia saw a 90 percent increase, Nerium Mexico a 120 percent increase, and Nerium Colombia a 245 percent increase. In March, Nerium U.S. and Nerium Hong Kong each saw a 73 percent increase, Nerium Japan an 85 percent increase, Nerium Canada a 163 percent increase and Nerium Korea experienced an unprecedented 237 percent increase. Nerium International has also announced its intent to expand in Switzerland to complement its German and Austrian European markets.
Beyond growth of new Brand Partners, Nerium has also seen growth in its existing Brand Partner base even welcoming a new 4-Star National Marketing Director, which is
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Nerium International Announces Bo Short As Chief Sales Officer
by Nicole Dunkley • • 0 Comments
Nerium International is honored to announce that direct selling industry expert Bo Short is the company’s new Chief Sales Officer. Bo will lead in the role of overseeing U.S. and global sales teams, managing and directing all Nerium International sales forces in markets throughout North America, Asia-Pacific, Latin America, and Europe.
Since the company’s August 2011 launch in the U.S., Nerium International has developed a breakthrough line of exclusive age-fighting skincare and wellness products that are science-based and produce real results to look, feel, and live better.
The fast-growing company has broken sales records while building consumer fans around the world and is currently operating in the U.S., Canada, Mexico, South Korea, Japan, Hong Kong, Colombia, Australia, New Zealand, Germany, Austria, and Singapore. Nerium International provides multi-lingual customer service, a robust suite of marketing and training materials, a global enrollment system, and a technologically advanced system to support the success of its Independent Brand Partners.
“We are enthused about Bo’s role as Chief Sales Officer with our dynamic direct selling company as he becomes part of our global movement to make people better by offering innovative skincare and wellness solutions, and an incomparable business opportunity. Bo has decades of proven leadership experience with direct
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Primerica Announces New Lifetime Investment Platform
by Nicole Dunkley • • 0 Comments
Primerica, Inc. recently announced the Primerica Advisors Lifetime Investment Platform, a major investment service enhancement that provides clients access to fee-based asset management services that are focused on helping Main Street clients achieve their goals and objectives throughout their investing lifecycle.
CEO Glenn Williams notes that Primerica continues to successfully execute against an organic growth strategy of growing distribution and selectively adding products to meet the evolving needs of Main Street families, and that the timing is right for this major platform introduction.
“Given the strong distribution and sales momentum we’ve achieved in the early months of 2017, we believe this is the ideal time to expand our Investment and Savings Products with the launch of our new platform,” said Williams.
Approximately 3,200 of Primerica’s 18,000 U.S. mutual fund licensed representatives are also investment advisor