Monthly Archives: April 2015

LifeVantage Names Darren Jensen as CEO

 
LifeVantage Corporation (Nasdaq:LFVN), announced today that Darren Jensen has been named President and Chief Executive Officer for the company.
Mr. Jensen’s appointment is effective May 18, 2015..

“LifeVantage is uniquely positioned as one of the leading product-driven business opportunities available,” said Jensen. “I am honored and delighted to work together with our independent distributors to execute our vision of bringing that opportunity to the world.”

Jensen brings 25 years of global network marketing and direct selling experience to LifeVantage from companies selling a variety of product types including nutritional supplements and personal care products.

“Darren Jensen is a well-known and a respected visionary leader in the global network marketing and direct selling industry,” said Garry Mauro, Chairman of the Board of Directors for LifeVantage Corporation. “The Board quickly recognized that Darren’s unparalleled track record of

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Latvia MLM Industry generates 29.7 million Euro in 2014

 
Last year the total sales of Latvian direct selling association member companies grew at slower pace than in 2013 and increased by 2% to 29.7 million euros (excl. VAT). The number of people involved in direct sales in Latvia increased over 2 percent to over 43000 people.

“Last year the direct selling market experienced a slowdown of growth, but according to the last 3 years compound annual growth rate, direct selling companies experienced higher than 8% yearly average growth. It is one of the best results among the different sales channels of retailing”, says Aleksandrs ?akste, the Chairman of Latvian Direct Selling Association (LTTA).

According to A. ?akste, direct selling is not losing its attractiveness as a way of shopping, where each client can get a personal service and advice from the direct seller/consultant and is able to

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