Tag Archive for business for home

Coway South Korea 2024 Revenue Up 12% To $3,031 Million

Coway Announces Financial Results for Q4 and FY2024
Jangwon Seo, CEO of Coway stated:

“We’re pleased to have delivered stable performance across both domestic and international markets in 2024, even amid challenging business environments.
This success was driven by our disciplined management approach and our commitment to expanding R&D. Looking ahead, as we accelerate our ‘New Coway’ strategy, we will focus on developing differentiated, innovative products and expanding our global footprint to drive sustained growth.”

Coway reported the following earnings:

Fourth-quarter revenue: KRW 1,125.7 billion (+12.1% YoY)
Fourth-quarter operating profit: KRW 183.4 billion (+10.4% YoY)
Annual revenue: KRW 4,310.1 billion (+8.7% YoY)
Annual operating profit: KRW 795.4 billion (+8.8% YoY)

*The reported figures are taken from the consolidated K-IFRS (International Financial Reporting Standards) statement.
In 2024, Coway’s domestic business recorded a revenue of KRW 2,581.7 billion, marking an 8.8% increase compared to the previous year. This growth was driven by the strong sales of key products such as water purifiers, air purifiers and bidets, as well as the expanding sales of the high-growth BEREX brand.
Coway’s overseas subsidiaries reported an annual revenue of KRW 1,545.2 billion in 2024, showing an 8.0% increase compared to the prior year. In Malaysia, annual revenue saw a 6.6% increase from the previous year to reach KRW 1,158.4 billion, while the United States subsidiary recorded an annual revenue of KRW

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Record-Breaking Crowds Of Excited & Inspired QuiAri Leaders in Indonesia Attend an Exclusive “Diamond Days” Training Event

Just when industry experts think QuiAri’s extraordinary global success has finally reached its peak, a massive wave of explosive growth hits, propelling the company even further ahead to historic levels.
Just six months ago, tons and tons of excited QuiAri Leaders rushed to attend “Diamond Days”, an exclusive training and networking event in Indonesia reserved for Promoters who have reached the rank of Shooting Star or above.
The event was so successful that the organizers, QuiAri Crown Purple Diamond Promoters, Mario and Ryani Halim from Indonesia, hosted another “Diamond Days” event last week. This time the attendance rate more than doubled, proving once again QuiAri’s momentum is still at the highest levels in the MLM industry and clearly here to stay.
“Considering QuiAri’s extreme momentum throughout Asia, we weren’t surprised to see attendance reach record-breaking levels. Diamond Days has become one of the hottest, most exclusive events in the industry, reserved for enthusiastic Promoters with big dreams and an unstoppable work ethic.
It brings like-minded, success-driven people together for a one-of-a-kind opportunity to learn and grow from fellow successful industry Leaders. We take pride in empowering and encouraging Promoters at QuiAri and nurturing success. That’s an important part of our “One

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MyDailyChoice Appoints Vineet Kumar Nigam as Head of India to Spearhead Growth and Expansion

MyDailyChoice is proud to announce the appointment of Vineet Kumar Nigam as the Head of India, marking a strategic move to expand the company’s presence in one of the world’s fastest-growing markets.
Mr. Nigam is a distinguished business leader with over 26 years of experience in business development, international marketing, and large-scale project execution. He is the Founder and Group Managing Director of SV Group of Companies and has also served as the Chief International Marketing Officer (CIMO) of AtheroPoint™️.
His expertise spans multiple industries, including infrastructure, finance, and network marketing, where he has successfully led teams exceeding 1.2 million members globally.
With a background in commerce and an MBA in International Marketing, Mr. Nigam has played a pivotal role in driving business strategies, development, and global expansion. Under his leadership, companies have secured and executed major projects, including bridges, roads, metro stations, residential and commercial developments, and transmission lines. His ability to foster strategic partnerships and develop innovative growth strategies has earned him numerous international awards and recognition.
As Head of India for MyDailyChoice, Mr. Nigam will focus on developing and executing comprehensive marketing strategies, expanding the company’s footprint, and cultivating key relationships with stakeholders. His extensive experience in network marketing and

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Mario and Melanie Cabral From Australia Achieve Highest Rank At LifeWave

Mario & Melanie Cabral were introduced to Network Marketing in 1990 when Mario was in college in the USA on a tennis scholarship.
Mario explains,

“I saw the circles, my first introduction to Direct Selling, and wow, how this industry changed our lives for the better. Through books & conferences, our mindsets were transformed.  There is power in plugging into the right training system developed by leaders with integrity.”

Melanie explained,

“We became true believers, that through relational marketing our dreams could come true, and we could impact the lives of people around the world. Whilst we didn’t achieve success on the outside- never reaching the highest ranks with any company, we were growing on the inside, and this impacted our family in countless positive ways.”

Mario & Melanie became friends with Steve & Gina Merritt, in 2008, they were their leaders in an earlier direct selling opportunity, then their journey took an expected turn. The Global Financial Crisis hit Mario & Melanie hard in 2008.

Melanie shared,

“After pretty much losing it all:  multiple homes/businesses, everything except the most important things: our faith, family & friends – we made the decision to move to Australia and start a new life with our 4 young children, ages

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Herbalife Appoints Network Marketing Professional Stephan Gratziani As CEO

Herbalife Ltd. (NYSE: HLF) today announced its Board of Directors has appointed President, Stephan Gratziani as Chief Executive Officer (CEO) effective May 1, 2025. Michael Johnson, current CEO and Chairman of the Board, will transition to Executive Chairman.
As a former Herbalife independent distributor, Mr. Gratziani built and grew his international business into one of the top global distributorships. For 32 years, he directly navigated and led his organization through changes in technology, business models, changing consumer trends, and industry competition. Since joining Herbalife as the Chief Strategy Officer in August 2023 and President since January 2024, Mr. Gratziani has led key initiatives to transform the business and shift its trajectory.
Michael Johnson, Chairman and CEO said:

“Stephan came into the company and his impact was immediate. As a proven leader, Stephan is the right CEO at the right time to keep our company at the forefront of direct selling and solidify our position as a leader in the health and wellness industry.”

Stephan Gratziani said:

“As the world’s largest active and lifestyle nutrition brand, the impact we have made in the world is truly incredible. Our scale and reach globally puts us in a unique position to become one of the world’s most important

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Renee Lynn Featured Recommended Distributor For THREE International

Known for her exemplary achievement in network marketing, Renee Lynn is a Featured Recommended Distributor of THREE International.
Lynn’s success story serves as an inspiration to many. Follow her journey, keep updated, and get inspired through her Facebook page.
Renee Lynn has demonstrated exceptional leadership and motivated her team effectively. Her background in studies from Pacific Union College and Functional Diagnostic Nutrition have greatly contributed to her success.
Renee epitomizes the definition of a leader provided by Business for Home, inspiring respect, confidence, and clearly communicating the potential of the compensation plan to her team.
Here’s what people are writing about working with Renee Lynn
Generously described as “an inspiration”, “beautiful example of strength and grace” by Olivia L, Renee Lynn appears to have made an exceptional impact in her sphere. Olivia further iterates,

“She has shown me so much passion and enthusiasm for creating connections for healthy, hardworking women” highlighting Renee’s dedication to supporting and encouraging others. Renee is an inspiration and certainly a beautiful example of strength and grace!

This sentiment is further upheld by Trina C. Wilson who recognized Renee as a pivotal force in “helping me get my confidence back”. This emphasizes Renee’s ability to uplift and boost the confidence of her collaborators,

“As

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Darleen Raabe Achieves BE Club’s Presidential Diamond Rank In 1 Month

Top leader Darleen Raabe reached the prestigious rank of Presidential Diamond at BE Club within just 30 days. Her journey demonstrates the power of vision, perseverance, and seizing the right opportunity at the right time.
Darleen began her career in pediatric nursing but always felt she was meant for more. After one to two years of full-time nursing, she shifted to entrepreneurship, using the digital space to build a career that offered freedom and growth.
She spent four years in Network Marketing before transitioning to BE Club. To achieve Presidential Diamond at BE Club, one must do revenue of over $340,000 sales in their organization in a 4-week cycle. Darleen has achieved this target in a short time.
The motivation behind joining BE Club
Darleen was drawn to BE Club’s product-driven and customer-centric approach. She saw a company that was decades ahead in innovation. BE Club’s commitment to long-term success for both customers and affiliates showed her that this was the right platform for her. She shares.

“I was primarily motivated by BE Club’s exceptional future potential. It’s clear how much the company cares about making both customers and affiliate partners successful.”

Big plans for shared success
Darleen’s goal is to build personal success while providing stability

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John Hill Featured Recommended Distributor For ByDzyne

Residing in Dallas, Texas with his wife Emily Lamberton Hill, John Hill has proven himself as an accomplished figure in network marketing. As a ByDzyne distributor, his work ethic and tenacity have earned him a reputation as one of the company’s top distributors.
John Hill has made significant strides at ByDzyne, honored as a recommended distributor. His influence and leadership within the network marketing company have been instrumental in his success.
John Hill is a dedicated professional and an inspiring leader in the network marketing field. His leadership style, characterized by motivation and guidance, sets the bar high. Married to Emily Lamberton Hill, John Hill exhibits confidence and an unparalleled understanding of the compensation plans, gaining him respect throughout ByDzyne.
Here’s what people are writing about working with John Hill:
John Hill has consistently gained positive reviews from the Business for Home community, with reviewers praising his leadership, work ethic, professionalism, and drive to succeed.
Pedro Gaitas emphasizes John’s leadership skills, referring to him as

“a great leader always at the forefront of the future”. He further admires John’s honesty and the constructive projects he undertakes “for the benefit of humanity”. Gaitas also shares his excitement to “return to Brazil and once again dominate the market

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BREAKING NEWS: Exciting New Chapter For Business For Home – Armand Puyolt Takes The Helm

PRESS RELEASE
Heemstede, The Netherlands, 15 February 2025.
In a thrilling development for the direct selling industry, renowned network marketing leader and business icon Armand Puyolt has officially acquired Business For Home (BFH), a leading source of information, news and insights for professionals in the Home Business sector. This strategic move promises to elevate and expand its influence and reach, as Puyolt envisions a vibrant future for the publication.
Armand Puyolt stated:

“As an advocate of network marketing with a global business perspective, I believe it’s important that industry news is transparent, trusted and timely while also a positive spotlight on our space, so that all companies can thrive and provide opportunities to the millions of people who need it.
I believe this publication will become a belief-building tool—a growth tool—for professionals as the premier source of news highlighting the industry, where ultimately the aim is to educate the world that there’s no better industry to help people from all over the world to have that American Dream.”

To guide this new era, Puyolt will serve as Executive Chairman for Business for Home and is the majority shareholder. Puyolt is also bringing together a team of servant leaders he believes can best realize this

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Nu Skin Revenue 2024 Down 12% To $1,730 Million

Nu Skin Enterprises Inc. (NYSE: NUS) today announced fourth quarter and full-year 2024 results above its latest revenue guidance.
Executive Summary Q4 2024 vs. Prior-year Quarter

Revenue $445.6 million; (8.8)% (4.1)% FX impact or $(20.1) million
Rhyz revenue $83.1 million; 27.7%
Earnings Per Share (EPS) $(0.73) or $0.38 excluding restructuring and other charges, compared to $0.15 or $0.37 excluding restructuring and other charges
Customers 831,972; (15)%
Paid Affiliates 144,874; (13)% or (12)% excluding an adjustment to eligibility requirements
Sales Leaders 36,912; (16)%

Executive Summary 2024 vs. 2023

Revenue: $1.73 billion; (12.0)% (3.8)% FX impact or $(76.1) million
Rhyz revenue $286.6 million; 32.3%
Earnings Per Share (EPS): $(2.95) or $0.84 excluding restructuring and other charges, compared to $0.17 or $1.85 excluding inventory write-off and other charges

Ryan Napierski, Nu Skin president and CEO said:

“We were pleased to beat our fourth quarter revenue guidance, generate sequential revenue growth and exceed our adjusted earnings as we materially completed our restructuring plan. As we look ahead to 2025, we anticipate improving business trends and a return to year-over-year growth in several of our markets but also anticipate continued economic challenges and poor consumer sentiment, particularly in Greater China and South Korea.

Napierski continued:

“This year we will focus on strengthening our core Nu Skin business with the continued

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