Monthly Archives: November 2015

Jeff Bell, CEO of LegalShield, who recently joined the Direct Selling Association (DSA) board of directors applauded Consumer Federation of America on its updated Best Practices for Identity Theft Guidelines.

“We are pleased that the Consumer Federation of America (CFA) has released an updated version of the Best Practices for Identity Theft Services, which encourage for-profit identity theft service providers to follow responsible practices.

“IDShield has provided identity theft protection to consumers for more than 12 years and the risk of security breaches and identity theft is at an all-time high. Our customers are at the center of everything we do; now more than ever it is imperative that consumers understand what risks they face and exactly what help they can expect from service providers if and when one’s identity is compromised.
Bell reinforced the

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Ruby Ribbon Acquires Newly Appointed Board Members & Funding

by Nicole Dunkley • November 20, 2015 • 0 Comments

Ruby Ribbon, Inc. today announced that the company has closed $7.5 Million in Series C Funding. The Round was co-led by DBL Partners, of San Francisco, CA, and Direct Selling Capital of Dallas, Texas, and included participation from current investors Trinity Ventures and Mohr Davidow Ventures.
With the closing of the round, the company will add two board members, Norm Matthews, former President of Federated Department Stores, and Cynthia Ringo of DBL Partners. Joey Carter, the founder of Direct Selling Capital, will become an Advisor.
The new investors, advisors and board members collectively bring to Ruby Ribbon deep expertise in areas core to the company’s success as well as an investment circle in tune with the company’s mission to create thousands of flexible jobs for women while demonstrating sustainable and highly scalable modes of retail.
Ruby Ribbon is an apparel company creating a

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Dr. Monica Marcu Joins Zija Product Advisory Council

by Nicole Dunkley • November 20, 2015 • 0 Comments

Zija International recently announced the addition of Dr. Monica G. Marcu to their Zija Product Advisory Council—the latest specialist to join.
Dr. Marcu holds a Ph.D. in pharmacology, Pharm.D. (Doctor of Pharmacy), a Nursing degree, and a Bachelor of Fine Arts degree. She is a highly respected researcher and clinical pharmacologist, and has cultivated a love of trees from an early age. This fascination led her to study plants, particularly medicinal and healing plants, and her study and research of Moringa oleifera is incorporated in her book Miracle Tree, a long-time favorite of Moringa enthusiasts and Zija Independent Distributors.
Dr. Marcu’s background as an expert on the nutrient-rich Moringa is impressive. She has worked in clinical pharmacies and in biomedical research laboratories at the University of Ottawa, the National Institute of Health, and the

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Amway Malaysia 2015 Q3 Down 5.9% To $5.8 Million

by Nicole Dunkley • November 20, 2015 • 0 Comments

Amway (Malaysia) Holdings Bhd’s net profit for the third quarter ended Sept 30, 2015 fell 52.9% to RM11.78 million ($27.5 Million) from RM25.02 million ($5.8 Million) a year ago due to adjustments made to reflect higher incentive provisions as a result of higher sales.
Its revenue was 10.3% higher at RM241.68 million in the third quarter compared with RM219.12 million in the previous year due primarily to continuous strong momentum coupled with the successful launch of BodyKey, the Nutrilite personalised weight management programme in September 2015.
For the nine months period, net profit dropped 23.2% to RM58.85 million from RM76.62 million a year ago due mainly to higher import costs (primarily caused by a weaker ringgit and transfer price impacts), as well as product mix impacts and higher sales incentive provisions driven by higher