Monthly Archives: November 2018

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Lela Russo Named MONAT Vice President of Marketing

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MONAT® Global recently announced it has named direct selling industry veteran Lela Russo as vice president of Marketing.
“Lela will play a vital role in supporting our ambitious growth,” said President Stuart MacMillan. “Her experience in our industry will provide valuable insight to support our fast-growing line of products, which will ultimately aid in MONAT’s strategy for continued advancement and success. I’m pleased to welcome Lela to our team.”
In her new role, Russo will create, communicate and deliver value-offerings for MONAT Market Partners, VIP customers and retail customers. She is also be responsible for expanding global brand awareness.
“As I embark on my journey with MONAT, I look forward to witnessing—and being part of—the company’s continued innovation and growth,” said Russo. “I am pleased to join the MONAT family.”
Russo will office at MONAT’s corporate headquarters in Miami, Florida.
About MONAT Global
MONAT Global is a wholly owned subsidiary of Alcora Corp., whose holdings include LEUDINE Global, an established Direct Selling company specializing in premium beauty and wellness products throughout the US and Latin America and B&R Products, their research, development and manufacturing Laboratory subsidiary.
All three companies are headquartered in and around Miami, Florida. MONAT was founded in 2014 to enter the multi-billion dollar haircare market and provides

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ORGANO Expands Into South Africa

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ORGANO recently announced it has formally expanded its footprint into South Africa. The new market opened on October 6th, 2018 and is now accepting customer orders and new distributor applications.

The ORGANO African Headquarters and logistics hub are located in Johannesburg.
“Our opening in South Africa represents another achievement in expanding ORGANO throughout the African Continent and is an important component of our strategic growth plan for the EMEA region,” said ORGANO Managing Director of Global Strategy, Leonard Chin.
“The ORGANO brand is one of the most well known and respected brands in the global nutrition industry.  This historic new market opening brings the ORGANO product lineup to millions of Africans who enjoy great tasting and healthy nutritional foods and beverages,” added Chin.
As in most markets around the world, ORGANO offers a lineup of its beverages and specialty nutritional products in South Africa.
“This latest entry into Africa represents a long term commitment to the people of Africa through our Continental Africa Plan, our broader regional growth strategy for EMEA and our global plan to make ORGANO products more broadly available around the world,” said ORGANO Chief Operating Officer, Norm Perrett.
About ORGANO
Founded in 2008 with headquarters in Vancouver, British Columbia, and formerly known as Organo Gold, ORGANO is one of the world’s leading producers and marketers

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Natural Health Trends 2018 Q3 Revenue Up 17% To $47 Million

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Natural Health Trends Corp. (NASDAQ:NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, recently announced its financial results for the third quarter ended September 30, 2018.
Third Quarter2018 Financial Highlights:

Total revenue of $47.0 million increased 17% compared to $40.1 million in the third quarter of 2017, and decreased 8% compared to $50.9 million in the second quarter of 2018.
Revenue from the Company’s Hong Kong operations, which represented 88% of total revenue, was $41.4 million, an increase of 18% compared to $35.0 million in the third quarter of 2017.
Revenue outside of Hong Kong of $5.6 million increased 10% compared to $5.1 million in the third quarter of 2017.
Gross profit was $37.1 million compared to $31.9 million in the third quarter of 2017, and $40.5 million in the second quarter of 2018. As a percent of total revenue, gross profit was 79% compared to 80% in the third quarter of 2017 and 80% in the second quarter of 2018.
Operating income was $7.8 million compared to $8.5 million in the third quarter of 2017, and $10.1 million in the second quarter of 2018. As a percent of total revenue, operating income

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Avon Appoints James Thompson as Chief Beauty and Brand Officer

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Avon Products Inc, recently appoints James Thompson as Chief Beauty and Brand Officer.  Thompson joins Avon following a 24-year career at Diageo PLC, most recently serving as chief marketing and innovation officer for Diageo North America.
At Avon, he will focus on leveraging the strength of Avon’s beauty marketing and innovation to create more agile category teams that will be structured to work much more closely with Avon’s markets. He will also spearhead the rejuvenation of Avon’s brand. He will report to COO Jonathan Myers.
“Chief Beauty & Brand Officer is a strategically vital role at Avon, and we couldn’t be more pleased to have an executive of James’ caliber join us,” said Myers.
“He has a well-established track record of turning around large and small brands throughout the world at both luxury and mainstream price points. We are confident that James’ breadth of experience, in-depth digital capabilities and new product marketing and innovation expertise will further deepen Avon’s connection with its consumers and representatives.”
With Thompson’s appointment, Alex Long, Avon’s current global vice president, Global Brand Marketing, will transition to global vice president, Global Commercial Marketing to drive marketing execution, brochure excellence and revenue growth management across the organization.
About Avon Products, Inc.
Avon is the Company that for 130 years has proudly stood for beauty, innovation, optimism and, above all, for

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