Pola Orbis Holdings Inc. wants to acquire a foreign cosmetics brand that doesn’t overlap with its existing products in terms of price and concept, President Satoshi Suzuki said in a recent interview.
That would leave the Japanese cosmetics maker purchasing a brand with product lineups in the middle price range.
Pola Orbis plans to boost its business in Asia with the aim of doubling overseas sales to ¥50 billion in fiscal 2020 from some ¥23.3 billion in fiscal 2013.
Currently, Pola Orbis has nine cosmetics brands, each with different price ranges and sales channels. Their mainstay products are daily use skin care products.
Suzuki said the company will consider buying a foreign brand in this category and a different price range.
The company “wants to obtain a brand which has sales channels in growing member countries of
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Hai-O MLM Records $35 Million Revenues In Q4
by Ramya Chandrasekaran • • 0 Comments
In an environment where the ringgit has depreciated by some 19% over the past one year, wellness and multi-level marketing (MLM) company Hai-O Enterprise Bhd is beginning to be attractive due to its defensive qualities.
With its current dividend yield of around 6%, Hai-O packs a good dividend return for investors. Hai-O has one of the highest dividend yields in Bursa Malaysia, and has a policy of paying out at least 50% of its net profits as dividends.
Managing director Tan Kai Hee says the company has paid out RM 235 million (approx $60 million) in dividends since 1997, an average of 55% yearly. Over the last five years, the dividend payout was on the rise, and had grown by some 11.38% per annum.
Meanwhile its share price has traded within a PE band of 10
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Beachbody Launches New Dance Fitness Program
by Ramya Chandrasekaran • • 0 Comments
Beachbody has launched CIZE™ – the company’s newest dance fitness program developed in conjunction with world-renowned fitness motivator and choreographer, Shaun T.
Based on the choreography in today’s hottest music videos, CIZE engages every muscle group to create a full body workout that includes cardio training, core strengthening and toning. With Shaun T breaking down each move, participants learn and improve their dance skills in only 30 days with step-by-step and move-by-move instructions that lead into full dance combinations. People working out to CIZE have so much fun they don’t realize the calories they are burning, it truly is the end of exercize.
“I created CIZE because I love to dance! I love how I feel when I’m dancing and wanted people to experience that feeling. I believe everybody can dance, plus it’s a great way to
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Jackie and Dana Christiansen Achieve 5 Star At Sisel International
by Ted Nuyten • • 0 Comments
Top Industry Leaders, Jackie and Dana Christiansen have recently achieved the rank of 5 Star Global Leaders for SISEL International.
SISEL International is located in Springville, Utah, USA and was founded by Tom Mower with the concept of producing the most powerful personal care products and nutritional supplements available, without potentially harmful ingredients.
This power couple maintains one of the very top leadership positions in the entire company in 34 countries. The awards in their 3 year career with SISEL include Rising Star Award, Brilliant Star Award and Mower Mountain Top Achiever Award 2012, 2013 and 2014, and the only distributors to win this 6-month award competition 3 years in a row.
The Christiansens began in network marketing just 7 short years ago after realizing the power of residual income and have risen
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Herbalife Beating Wall Street Odds In 2nd Quarter
by Tina Williams • • 0 Comments
USA Today reports: Shares of Herbalife shot up more than 7% in late trading Wednesday after the energy drink company posted better-than-expected financial results for the second quarter.
Herbalife, which has been waging an ugly battle with billionaire Bill Ackman over the legitimacy of its business, posted profits of $1.24 a share on $1.16 billion in sales.
Sales were down 11% from a year earlier due to “unfavorable” currency exchange rates in certain markets, the company said. Still, Herbalife shares shot up close to 8% in after-hours trading because Wall Street analysts had expected the company to post earnings of $1.11 a share on revenue of $1.14 billion.
Ackman, founder of hedge fund Pershing Square Capital Management, placed a $1 billion bet on the stock’s decline in 2012 on the theory that Herbalife is a pyramid scheme — an allegation the company denies.
Ackman shorted the stock at around $47 a share and came close to
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Interview with CEO Of ONEHope Wine
by Ramya Chandrasekaran • • 0 Comments
Leaders magazine recently published an Interview with Jake Kloberdanz, CEO and Co-Founder, ONEHOPE Wine, and Katie Allen, National Director, viaONEHOPE.
ONEHOPE is a social enterprise that integrates causes into products and services to make a social impact. Products include award winning wine, gourmet coffee and memorable gifts that are sold through a community of Cause Entrepreneurs who help amplify the brand through the direct sales channel.
Jake, how has the business evolved?
Jake: The first stage was building our wine brand and we’re proud to have grown into one of the top 300 wineries by volume out of over 8,000 in the U.S. We just bought our first property and vineyard in Rutherford, Napa, next door to iconic brands like Robert Mondavi, Cakebread, and Opus One. It will soon be home to our flagship
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Nu Skin Q2 Revenue Down 13.8% To $560 Million
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter results with revenue of $560.2 million compared to $650.0 million in the prior-year period.
Revenue in the quarter was negatively impacted 7 percent by foreign currency fluctuations. Revenue in the second quarter of 2014 included $76 million in limited-time offer product sales, while there were no significant limited-time offers during the second quarter of 2015. Earnings per share for the quarter were $0.75, compared to $0.32 in the prior-year period which included a $50 million inventory write-down and a $25 million foreign currency charge related to Venezuela.
“We are pleased the business performed at the high end of our expectations for the second quarter,” said Truman Hunt, president and chief executive officer.
“Additionally, we are encouraged by growth in the number of sales leaders
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MLM On The Rise In South Korea
by Ramya Chandrasekaran • • 0 Comments
The number of multi-level marketing (MLM) firms operating in South Korea rose in the second quarter, the antitrust watchdog said Friday, as the government moves to better regulate such operators to prevent consumer damage.
According to the Fair Trade Commission (FTC), there were 132 MLMs in the country as of June 30, up seven from three months earlier. It said 11 new firms opened for business while four closed.
MLMs refer to companies where the sales personnel are not only compensated for selling products and services, but for the sales generated by the salespeople they recruit. Some companies have been discovered to exploit members and are viewed as illegal pyramid schemes.
The FTC said all new businesses signed consumer damage compensation contracts with official direct-selling mutual aid cooperatives. The agreements bind MLMs to conform to
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DubLi To File Law Suit Against Matt Trainer
by Ted Nuyten • • 0 Comments
Business For Home has received the following statement from Dubli Corporate:
Official DubLi Statement Regarding Matt Trainer Video:
As a company, DubLi will respond in the best interest of its shareholders, Business Associates, customers and employees to protect and preserve its reputation against unmitigated attacks. Fictitious stories concerning DubLi’s business model or its management team will be challenged.
As such, DubLi will be filing suit against Matt Trainer in response to his fabrications put forward in a video last week.
In keeping with its status as a public company under U.S. Securities and Exchange Commission guidelines, DubLi has a strict corporate policy against commenting on or forecasting conversion rates or any other financial benchmark.
The company has never, not to Mr. Trainer or anyone else, made any statements as to expected conversion rates. Nor has the company mentioned how DubLi may or may not convert in Mr. Trainer’s personal marketing system that he has attempted to sell
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Trévo Continues To Growth Worldwide
by Ted Nuyten • • 0 Comments
It’s been a busy summer for Trévo, as the company is just weeks removed from grand opening events in several new countries as well as the launch of a completely new system, including a brand new corporate website, new personal sites, and a new back office system.
TRÉVO’S Founders are Mark and Holli Stevens who have a proven track record of over 16 years as owners of a successful network marketing company. Mark and Holli have also been on the “other side of the table” as independent representatives, building organizations with tens of thousands of members.
This dynamic duo also possess nearly four decades of combined business ownership expertise.
The company also rolled out new features for Trévo Builder, a personal online system designed to help their Life and Health Coaches grow and operate