Monthly Archives: April 2018

New product helps businesses launch an online store in 30 days

Oracle NetSuite has announced a new e-commerce product with the intention of empowering businesses to quickly and efficiently deliver engaging online experiences. The latest release of SuiteCommerce aims to enable businesses to launch a sophisticated online store within 30 days and looks to afford small companies the freedom to grow and evolve to meet changing
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Hiring your first virtual worker: The dos and don’ts

The virtual worker business model is now well-proven and works well for all sorts of small businesses, whether with just some people working remotely or the whole team. It is not surprising that it’s attractive for many small businesses as it has lots of benefits. Gone are expensive office costs and all the commuting, for
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New Avon Appoints Lori Bush To The Board of Managers

New Avon has appointed Lori Bush to the company’s Board of Managers, effective immediately.
Bush is experienced in both the worlds of direct selling and consumer beauty products. From October 2007 through January 2016, she served as president and CEO of Rodan + Fields.
During her tenure, the company re-launched under a social commerce model that grew to become a billion-dollar business and one of the largest skincare brands in the U.S.
Prior to Rodan + Fields, she served as president of Nu Skin, the global personal care division of Nu Skin Enterprises and held the positions of worldwide executive director of skin care ventures at Johnson & Johnson and vice president of professional marketing for Neutrogena. She currently serves on the boards of Ruby Ribbon, Viveve, Leo Holdings and Topic Pharmaceuticals Inc.
“Lori is one of the pre-eminent experts in the direct selling industry, and we are excited to welcome her to our board,” said Scott White, CEO and member of the board of New Avon LLC. “As we work to become the No. 1 social selling company in North America, Lori will be a great advocate for our efforts to build the Avon Representative experience of the future through digital advancements and the

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LG Household Buys Avon Japan For $96 Million

South Korea’s LG Household & Health Care will purchase Tokyo-based cosmetics seller Avon Products for 10.5 billion yen ($96.3 million), marking its fourth acquisition in Japan.
Avon Japan, an offshoot of the American direct sales beauty company, will become a wholly owned subsidiary of LG Household under plans announced on Tuesday. The LG group’s health and beauty arm is expanding its distribution network in the still-vibrant Japanese cosmetics market.
LG Household’s first-quarter operating profit climbed 9% on the year to a record 283 billion won ($262 million) in results released on Tuesday. Sales for the three months ended March rose 7% to 1.65 trillion won.
Despite a slow recovery in Chinese tourists visiting South Korea, demand for high-end products was strong at home and abroad, the company said.
Avon Japan was sold to an affiliate of TPG Capital in 2010. Fellow U.S. investment firm Keystone Partners acquired it in 2016.
LG Household & Health Care is one of the largest household goods and cosmetics manufacturers in South Korea and ranks second in cosmetics in the country after AmorePacific Group. The company’s cosmetics sales via duty-free shops have increased steadily due to a growing number of visitors from abroad. In addition, it has recently been active in mergers and acquisitions

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