Monthly Archives: May 2016

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USANA Q1 2016 Revenue Up 9.6 % To $240 Million

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For the first quarter of 2016, net sales increased to a record $240.4 million, up 9.6%, compared with $219.4 million in the prior-year period.
A stronger U.S. dollar negatively impacted net sales by $14.2 million in the first quarter of 2016. On a constant currency basis, net sales increased by 16.1%. 
The Company delivered this growth notwithstanding a challenging prior year comparable due to (i) incremental sales during the first quarter of 2015 from a significant incentive that was offered during that period but was not offered again in the first quarter of 2016, and (ii) incremental sales during the first quarter of 2015 ahead of price increases in China, which did not occur again in the first quarter of 2016. 
Net sales growth for the first quarter of 2016 was driven by 16.2% growth in the

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Mannatech’s Compliance Program Allows Entrepreneurs to Flourish

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Mannatech’s culture of compliance has become one of the strongest and most important elements that make up this company. Because of our daily efforts to ensure we are following, if not exceeding all regulatory mandates, our sales Associates are able to build safe, long-term businesses around the globe.
However, Mannatech hasn’t always been the compliance leader that it is today. In our 23-year history, we have experienced challenges that had us learn the hard way about the importance of making compliance a priority.
Years ago we had issues erupt due to the over exuberance that a few individuals expressed for our unique Glyconutrition-based products. These instances were dealt with and Mannatech paid its dues for losing its way regarding regulatory compliance. We will continue to crack down on improper disease claims (although not

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New Zealand To Host 10,000 Elite Amway Distributors

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A New Zealand resort town is celebrating winning a bid to host a series of meetings for Michigan-based Amway Corp.’s China affiliate.
It’s considered a major tourism victory for the island country in the southwestern Pacific Ocean.
Queenstown will host 10,000 elite Amway China distributors for what is being described as a series of five-day incentive trips in the last half of 2018.
The tourism contract is such a big windfall that New Zealand Prime Minister John Key, who does double duty as Minister of Tourism, announced the contract last week during a visit to China.

“This is by far the biggest incentive business New Zealand has ever won, and it sends a strong message that New Zealand is a serious contender in the global incentive market,” he is quoted as saying in a statement

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QNET Convention Draws 15,000 Global Entrepreneurs To Penang

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Prominent Asian Direct Selling Company, QNET’s annual convention V-Malaysia 2016 opened here today with spectacular drums and music display from around the world amid crowds of lively people in colorful attire.
The sold out convention with a record-breaking 15,000 distributors of QNET from around the globe converged at the Subterranean Penang International Conference & Exhibition Centre (SPICE) Arena in Bayan Lepas.
V-Malaysia 2016 officially opened with pomp and pageantry that included a parade of men and women adorned in colourful national costumes depicting an array of cultures and traditions from around the globe.
“QNET has not only brought successful entrepreneurs to Malaysia, but also has raised the profile of Penang by bringing in so much tourism into the island as well as running a mini United Nations-like gathering. QNET has made it three

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