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 today the planned opening of its office in the Republic of Singapore.
Youngevity International (Singapore) PTE LTD, a wholly owned subsidiary of Youngevity, was formed on March 10, 2015. The company finalized lease negotiations for its Asia-based headquarters on August 17, 2015. The Singapore office is strategically located in the heart of the bustling Orchard Shopping District which is located at the southernmost tip of the Asian continent and at the crossroads of the world’s global trading centers.
Singapore’s strategic location has transformed it into one of the world’s busiest ports and airports boasting a strong Asia Pacific logistics and supply chain manufacturing network supported
Tag Archive for Steve Wallach
Hot Business News Today
Youngevity Records $38.7 Million in Q2
by Ramya Chandrasekaran • • 0 Comments
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, today reported financial results for the second quarter and six months ended June 30, 2015.
Second Quarter 2015 Highlights:
Revenues increased 18.4% over the prior year period to $38.7 million;
Gross Profit increased 25.7% to $23.8 million compared to the prior year period;
Operating Income increased 84.3% to $2.3 million compared to the prior year period;
A non-cash expense of $2.2 million was recorded in other expense due to change in fair value of warrant derivative liability;
Adjusted EBITDA increased 63.3% to $3.3 million compared to the prior year period and 151% over the prior quarter.
“We are excited to report record revenue and record adjusted EBITDA for the second quarter
Hot Business News Today
Youngevity Expands Distributor & Product Base Through MK Collab
by Ramya Chandrasekaran • • 0 Comments
Youngevity International, Inc. a global direct marketer of nutritional and lifestyle products has expanded and diversified its distributor and consumer base through its wholly-owned subsidiary, the MK Collaborative (MK Collab) which offers a couture line of women’s apparel and jewelry. MK Collab provides distributors the opportunity to engage and influence their network through their own e-boutique website.
The MK Collab business has also allowed Youngevity to expand into a new product category. Although several long time fashion conscious Youngevity Distributors have grown their marketing presence simply by adding the MK Collab platform, this richly immersive e-commerce selling system is widening the appeal of Youngevity’s business opportunity to new consumers as well. Young Professional women, fashion forward shoppers, and a number of celebrities have found their way to the MK Collab.
“As an actress and businesswoman, I’m