Tupperware Brands Reports Second Quarter 2017 Results; Significant Restructuring Actions to be Taken, Including Wind-down of Beauticontrol.
Total sales force of 3.2 million was up 3% versus the prior year. Average active sellers in the second quarter were down 7% compared with 2016.
After being unsuccessful in finding a buyer for the business, the Company has decided to wind-down Beauticontrol’s operations over approximately the next 60 to 90 days.
It expects a small amount of sales in the third quarter as on-hand inventory is sold through, compared with third and fourth quarter 2016 sales of $9.8 million and $11.5 million, respectively. The reduction in 2017 sales versus 2016 related to the Beauticontrol business is estimated to have a negative 1-percentage point impact on the full year, total company sales comparison. Beauticontrol lost $2.6 million in the first half of 2017 and $4.1 million in the second half of 2016.
Rick Goings, Chairman and CEO, commented, “Local currency sales grew 2% in the second quarter, below what we were looking to accomplish, but within our guidance range.
Another stellar quarter in China and Brazil was partially offset by worse results in Indonesia. Profitability was a highlight in the quarter with adjusted earnings per share coming
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FuXion Appoints Jeff Higginson As CEO International
by Ted Nuyten • • 0 Comments
FuXion BioTech took its next step for rapid international expansion and growth by welcoming a new member to its executive team. Jeff Higginson, an experienced industry professional, will fill the newly created position of Chief Executive Officer International.
In announcing the move, FuXion CEO, President and Founder Álvaro Zuñiga Benavides said,
“We are now in a process of transformation, as we move from one of Latin America’s strongest companies, into a true worldwide powerhouse.
Jeff brings the talent, experience, and passion to help us continue our growth in South and Central America – and develop the United States, Europe and Asia.
Higginson said,
“The FuXion product line meets the needs of millions of people and I’m excited to join the team taking the FuXion movement around the world.
Most recently Higginson worked with Agel Enterprises. He began with Agel as Director of Sales and Marketing during its initial launch, overseeing one of the most unprecedented and aggressive international expansions in network marketing history. In March, 2010, Higginson was named Co-CEO. Jeff was a finalist in the “40 under 40” fastest growing companies award.
Fuxion is a South American company founded in 2006. The company is disrupting the beverage industry, offering an all-natural line of coffees, teas, and
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Herbalife Announces New Appointments To Corporate Leadership Team
by Ted Nuyten • • 0 Comments
Premier global nutrition company, Herbalife (NYSE: HLF), today announced the appointment of Frank Lamberti to the role of executive vice president and managing director, The Americas and Worldwide Marketing.
In this role, Lamberti will lead global marketing, and will work closely with our distributors and their customers across a region that includes the United States, Canada, South and Central America and Mexico. Lamberti succeeds Miguel Angel Fernandez, who has left the Company to assume the role of president of Avon Products, Inc.
“For more than 12 years, Frank has made a positive impact on Herbalife Nutrition, assuming broader and increasingly more challenging leadership roles covering many key areas of our business,” said Richard P. Goudis, Herbalife Nutrition chief executive officer.
“As a result, he is respected by our distributor leaders, and is highly regarded by our employees and executive team.”
“During his time with Herbalife Nutrition, Miguel made many contributions to the company, and we thank him, and wish him all the best in his new role as president of Avon,” said Goudis.
Lamberti, who has been with Herbalife Nutrition since 2005, was formerly the senior vice president of Strategic Business Initiatives, responsible for overseeing several key initiatives for the Company including oversight of the
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Herbalife Appoints Richard Goudis As CEO
by Ted Nuyten • • 0 Comments
Premier global nutrition company, Herbalife (NYSE: HLF), today announced the official transition of Richard P. Goudis as the new Chief Executive Officer (CEO), in succession to Michael O. Johnson, who will now assume the position of Executive Chairman of the Company.
With his passions grounded in innovation, education and training, Goudis will set the strategy for Herbalife Nutrition, overseeing all aspects of the Company’s growth initiatives and ensuring the Company continues to be recognized worldwide as a leading nutrition company.
Goudis will guide the overall Herbalife Nutrition business strategy in the 94 countries where the Company operates. He will also be responsible for strengthening and increasing the base of Independent distributors and consumers, as well as the development of new product lines with broad scientific support.
“This is an exciting time to be leading such a dynamic team of dedicated professionals who everyday position our company for further innovation and growth. Our talented global distributors bring innovative products to market that help customers live healthy, active lifestyles, truly making us the premier global nutrition company,” said Richard P. Goudis, CEO, Herbalife Nutrition.
Goudis, a recognized leader in the nutrition industry, has more than 18 years of experience in the field of nutrition with 13
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Staffan Liback Takes Over The Steinkellers OneCoin Business
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According to a OneLife press release Top Earner Staffan Liback takes over the Steinkellers $2.5 Milion a month network marketing business:
The Press release:
“Christian, Aron, Stephan Steinkeller and Staffan Liback (or the Four brothers as we know them) have successfully managed to create one of the biggest teams within the Network.
They formed an entire global family, duplicating their achievements with people from every corner of the world, getting their message across different ages, races and cultural backgrounds. They have proven to be leaders by example, working on the field and alongside their team members from all over the planet.
Dr. Ruja Ignatova, OneLife`s founder states,
“When I first met them I instantly saw their potential. As part of our dedicated top leadership, the Steinkeller brothers have been driving relevant digital projects for the Network, such as the MAB application.
We remained friends through the years and I look forward to seeing their next achievements!”
After long and beautiful Network Marketing Career, the Big Four have recently decided to devise a new leadership structure that will reflect better on their ambitions and goals for the next few years. Aron, Christian and Stephan Steinkeller will retire from the network marketing business to go long-term on new
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Young Living Essential Oils Acquires Life Matters
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Young Living Essential Oils, the world leader in essential oils, today announced that it has made a non-cash acquisition of Life Matters.
A respected wellness company in the direct selling industry owned by Richard Bliss Brooke and Kimmy Brooke that has inspired people to share vitality, happiness, and longevity.
“Richard and Kimmy are legendary direct selling veterans,” said Jared Turner, Young Living Chief Operating Officer.
“We share common cultures, goals, and missions. We are pleased to welcome them to the Young Living team.”
In a similar way to Young Living, Life Matters has always inspired its members to discover vitality, happiness, longevity, and the power to live life to the fullest.
“Kimmy and I considered many options in the direct selling industry before choosing Young Living, and we’ve never been more excited about the next step in our vision to enhance the lives of others,” said Richard Bliss Brooke, CVO and co-owner of Life Matters.
“We are honored to join such a respected company as Young Living, and we believe in its mission to share wellness, purpose, and abundance with people all over the world.”
Young Living Essential Oils is the pioneer of pure, modern-day essential oils and distillation and continues to be a key influencer and
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Dr. Gordon Pedersen Named Juuva Enterprises Chief Scientific Officer
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Dr. Gordon Pedersen (Ph.D., N.D., FAPWCA, FAARM), a long-time expert in the health and wellness industry has officially signed as the new Chief Scientific Officer of Juuva Enterprises.
Along with a Ph.D. in Toxicology, Dr. Pedersen has also earned a Ph.D. in Immunology, and holds an N.D. or Naturopathic Doctor degree. He is a seven-year veteran the US Military Special Operations Medical Association and is a world-renowned expert on the use of silver for health.
“I have never seen a company better positioned to become a long-standing success,” states Dr. Pedersen. “That’s why I’m excited to take on this new role and make Juuva my permanent home.“
“Doctor Pedersen is a well-known expert that has worked with some of the leading health and wellness companies. He is a highly sought after educator, speaker and formulator and has successfully developed over 150 wellness products,” says Grant F. Pace, Juuva Founder and CEO.
“We are thrilled to have someone of Dr. Pedersen’s caliber become our Chief Scientific Officer.
I’ve been around the health and wellness industry a long time and I’ve never seen anyone this talented take on this important role. We’ve enjoyed Dr. Pedersen as a member of our Scientific Advisory Board and this new
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Breaking News: XANGO Becomes Part Of Zija International
by Ted Nuyten • • 0 Comments
Direct selling legacy company adds iconic industry brand, commencing a new era in network marketing.
The iconic industry brand, XANGO, is joining direct selling legacy company Zija International, to usher in a new era in the network marketing industry.
Effective today, the best of XANGO becomes part of Zija International and the Zija family.
XANGO’s brand will join forces with Zija International—made possible through the efforts of Zija founder Ken Brailsford.
Brailsford has mentored some of the most recognized company leaders in direct sales while serving as co-founder of Nature’s Sunshine and founder of Enrich International (now Unicity).
“Every one of the XANGO founders has worked with Ken during our careers. Ken brought my partner Joe and I into the direct selling business and shaped the early parts of our careers. He is a mentor
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Monir & Moyn Islam Achieve President Rank First Week With WOR(l)D
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After partnering with WOR(l)D Global Network, Monir & Moyn Islam achieve the rank of President their first week! A President generates over $250,000 USD of revenue sales within a cycle.
“Having made millions in this industry, we recently made a decision to depart from our existing venture although we were consistently making significent income were one of the highest earners in the company and in the whole world of MLM.
It was not a straight forward decision to leave such a position but after a full month of pondering on what we truly WANT from this industry, it was clear to us, it was time to move on.
This was all prior to any knowledge about WOR(l)D Global Network.
Everything happens for a reason and what you seek is seeking you. We are true
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Trevo Appoints Volker Wainig As Executive Sales Chief
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Trevo, one of the fastest growing companies in the Direct Selling Industry is on fire and spreading across the continent of Europe, rich in culture, tradition, history and legacy.
Founders of Trevo, Mark and Holli Stevens, are excited about the vision they have for Europe. The Stevens’ see the incredible potential to revolutionize the European Market.
Part of their strategy to revive the economic climate of Europe is to build a team of passionate, multi-gifted, focused leaders to identify, teach, train and inspire future Trevo businessmen and women.
Mark and Holli are excited to introduce the newest member of the powerful team of leaders in Trevo Europe.
Mark Stevens said:
Please welcome our new Executive Sales Chief, Volker Wainig, to the European Trevo Team. Volker is a serious entrepreneur, with huge presence and charisma making