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Hot Business News Today

LifeVantage Q1 Revenue Down 7.7% To $47.2 Million

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LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its first fiscal quarter ended September 30, 2024.
First Quarter Fiscal 2025 Summary*:

Revenue of $47.2 million, a decrease of 8.1% from the prior year period. Excluding the negative impact of foreign currency fluctuations, first quarter revenue was down approximately 7.7%;
Revenue in the Americas decreased 4.2%, and revenue in Asia/Pacific & Europe decreased 19.7%. Excluding the negative impact of foreign currency fluctuations, first quarter revenue in Asia/Pacific & Europe decreased approximately 18.7%;
Net income per diluted share was $0.14, versus $0.05 per diluted share a year ago;
Adjusted earnings per diluted share was $0.15, compared to $0.13 a year ago; and
Adjusted EBITDA was $4.4 million compared to $4.0 million a year ago.

* All comparisons are on a year over year basis and compare the first quarter of fiscal 2025 to the first quarter of fiscal 2024, unless otherwise noted.

“It’s an incredible time to be at LifeVantage as we just launched the MindBody GLP-1 System™, an amazing innovation targeting consumers searching for an effective, sustainable weight management solution. This product, launched on October 11th, significantly expands our total addressable market and the

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Frequense Celebrates Its Official Canadian Launch with a Successful Event in Vancouver

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Frequense, the leader in frequency-charged nutrition, has officially expanded into Canada, marking the occasion with an exciting launch event in Vancouver.
Hosted by Diamond Leaders Robin Younge and Sarah Lovely, the event brought together affiliates, customers, and wellness enthusiasts to celebrate the arrival of Frequense in Canada and to introduce the company’s innovative products to a new market.
Barb and Dave Pitcock, CEOs of Frequense, made their first official visit to Canada for the launch, expressing excitement about this milestone expansion. The Vancouver event was filled with energy and enthusiasm as attendees gathered to learn more about Frequense’s mission, products, and opportunities.
“We couldn’t have asked for a better welcome,”
said Barb Pitcock.
“This event was not just about launching Frequense in Canada—it was about building relationships and expanding our incredible community. We’re thrilled to see the excitement here, and we know this is only the beginning of what’s possible in Canada.”
Diamond Leaders Robin Younge and Sarah Lovely, who are key drivers of Frequense’s growth in Canada, hosted the event and played a pivotal role in ensuring its success. Both leaders have a strong track record in direct sales and are committed to growing the Frequense community across Canada.
“Robin and Sarah have

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Farmasi Ranked As Triple AAA+ Opportunity For 2024 And 2025

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Farmasi, a network marketing company globally recognized for their progressive approach, continues to exceed expectations, surpassing their 2023 revenue target with a whopping $440 million.
The company has presence in 26 countries and operating with approximately 4 million Beauty Influencer entrepreneurs and 1500 employees. Farmasi is in the top 3 fastest growing direct sales companies in the world and has been named the fastest growing direct selling brand based in Europe.
Farmasi has been making significant strides within its industry. The company has recently announced its expansion into France and Italy, spreading its wings in the global market. This move represents a step forward in their growth strategy – a testament to their thriving business model.
A highlight is their generous commission policy, where nearly 40% of this income could be paid out as commission, markedly above the 35% industry standard, to boost their partner’s income. This review explores the opportunity without promising anything, presenting an impartial and transparent assessment of their business model.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
In addition to their successful expansion, Farmasi has been recognized for its incredible opportunity. The brand was ranked in

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Oriflame Q3 Sales Down 19% To €130 Million

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“The Board of directors of Oriflame Holding Limited, the Company and its advisers are proactively exploring options to address its capital structure and are evaluating potential recapitalisation opportunities.
In connection with such efforts, the Company is in constructive and active discussions with a group of investors who are majority holders of the Company’s Euro and USD senior secured notes.
No assurance can be given with respect to the outcome of any such negotiations.”

Three months ended 30 September 2024

Euro sales decreased by 19% to €130.8m (€161.7m) and local currency sales decreased by 16%.
The adjusted EBITDA amounted to €5.4m (€4.1m) and the adjusted EBITDA margin was 4.2% (2.5%). The currency impact on the adjusted EBITDA was 170 bps negative.
The adjusted operating profit was €0.2m (€-1.7m) and the adjusted operating margin was 0.2% (-1.1%).
The adjusted net profit was €6.9m (€-54.2m).
The adjusted cash flow from operating activities was €-10.9m (€-6.9m) and adjusted cash flow before financing activities was €-13.0m (€-13.9m).
Additional non-recurring costs amounting to €1.5m (€20.3m) were recorded during the quarter and excluded from the operating profit (adjusted operating profit).

Oriflame Sales 2018 – 2023
Nine months ended 30 September 2024

Euro sales decreased by 21% to €435.5m (€551.9m) and local currency sales decreased by 17%.
The adjusted

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Amare Global Ranked As Triple AAA+ Opportunity For 2024 And 2025

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Amare Global charted a remarkable path in 2023 and 2024. David C. Chung acquired Amare Global in December 2022. These developments form part of change in the company’s structure and are aimed at enhancing its market standing.
Chung is the founder and CEO of iLABS US and iLABS South Korea, state-of-the-art beauty innovation centers that offer R&D, turnkey product development, and exceptional finished goods to independent and leading beauty brands, and Morae Packaging, which offers quality glass, plastic, and sustainable packaging solutions for skincare, cosmetics, and fragrance.
David Chung stated:
“I acquired Amare Global to leave a positive legacy in this world. I see a unique opportunity to bring much-needed solutions that transform mental wellness, and Amare Global is leading this movement.”
In one of his first steps, Chung announced a leadership change with the appointment of Asma Ishaq as Chief Executive Officer, coming from an other midsize Network Marketing company. This strategic change is expected to bring fresh insights and direction to the company’s operations.
Chung stated:

“Asma is a high-achieving leader and visionary innovator. Her entrepreneurial spirit and reputable team-building skills closely align with my vision to transform the growing mental wellness category,”

This article is written by Team Business For Home and is fact

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First-Time Promoter, Nirwan SpKV Experiences Life-Changing Success At QuiAri

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When a seasoned MLM industry Leader joins a new company and finds success, many are happy for them, but not often surprised. Most have spent their entire careers building strong relationships and establishing trust with their Promoters and Customers.
However, when someone brand-new to the MLM industry joins a company and rapidly rises through the ranks, it turns quite a few heads. QuiAri Super Star Promoter, Nirwan SpKV from Mukomuko, Indonesia is a Professional Nurse and the Head of Cardiac Catheterization at a hospital in Bengkulu. At 53 years old, QuiAri is the first and only MLM company Nirwan has ever joined. With no prior experience, he has climbed the ranks quickly and said he’s ready to reach the top rank of Crown Purple Diamond.
“I have no prior Network Marketing experience, but I do have a lot of friends that I trust. QuiAri Green Diamond Promoter, Andre Winata Leosaptura, and Champion Promoter, Dr. Mariana Yuzinaf introduced me to QuiAri. Initially, I was just looking for an antioxidant-rich product to help improve my health and possibly drop a few pounds.
I had read about the nutritional benefits of Maqui and MaquiX® and hoped they could offer protection from harmful free radicals.

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Jay Nicol: Empowering GOVVI’s Growth and Success in Korean

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Jay R. Nicol, GOVVI’s Korea Market Manager, has been an essential part of the company since its inception. His decades of experience in Korean culture and business have enabled him to play a key role in bringing GOVVI’s innovative products to the Korean market.
Jay’s deep personal connections and professional expertise allow him to continue making a lasting impact. As he grows the brand in one of the world’s most dynamic markets, Jay shares his journey and insights on business, life, and leadership.
Background: From Finance to Wellness
Before joining GOVVI, Jay held leadership roles as CEO and CFO in the short-term loan industry, a career that spanned 13 years. “In 2020, the COVID protocols completely disrupted the industry I had been working in for over a decade, forcing me to pivot and start from scratch,” he explains. This challenge opened up new opportunities for Jay, leading him to establish a logistics management business before eventually joining GOVVI.
Jay’s connection to Korea runs deep. His wife, Eun, is Korean, and he has been immersed with the culture for over 30 years. His extensive relationships and business partners in Korea have been essential in promoting GOVVI’s products across the region. “My personal ties to

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LifeWave Ranked As Triple AAA+ Opportunity For 2024 And 2025

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LifeWave, a widely recognized network marketing company, has shown impressive performance with its 2023 revenue of $370 million. The estimated revenue for year 2024 is approx. $ 400 – $450+ Million.

LifeWave received for the second consecutive year the Top AAA+ rating from Business for Home, placing it at a high position of nr. 2 in terms of momentum among more than 700 global network marketing companies.

Rviewers generally indicate a strong appreciation for LifeWave’s unique products – particularly the X39 nontransdermal patch, which has garnered considerable admiration for its power to alleviate chronic pain, induce weight loss, provide energy, reduce stress and rejuvenate health.
The company stands out from the crowd by potentially paying out a healthy percentage, over the industry standard, of 35% as commission in the same year. This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
LifeWave has seen some significant achievements across its contributors. For instance, partners Kyle and Joi Kimbro hit the highest rank within the company in just nine days.
Similarly, Tyler and Kendall Welden also reached the top rank within a record 14 days, showcasing the potential for fast advancement within the organization for

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Stormy Wellington Celebrates 10 Years Of Leadership At Total Life Changes

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On October 30, 2014, Stormy Wellington brought her network-marketing expertise to Total Life Changes (TLC). Over the past decade, her unwavering commitment to mentorship has inspired millions and created a lasting legacy of leadership.

“Being with TLC for 10 years is an honor and a privilege, and it’s now, for me, a responsibility,” she shared. “I’m proud of myself, but I am also very proud of TLC for making it worthwhile. Ten years in, I’m excited and ready to do it all over again.”

Wellington took TLC by storm, with a staggering list of accomplishments that only continues to expand. She has coached 139 first-generation millionaires, made $50,000 in her first week at the company, and has earned over $50 million at TLC alone.* Now, she is the company’s only Elite Ambassador, a prestigious rank she claimed just days after its introduction.
Beyond her direct-selling success, Wellington has emerged as an entrepreneur in her own right. She has authored bestselling books, leads a masterclass based on her experience, and even launched her own beauty line. Her aggressive work ethic and magnetic public persona have solidified her status as one of the industry’s most sought-after leaders.
Her achievements only fuel her desire to coach others

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Shaklee Expands Into Australia

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Shaklee, a leading health and wellness company, whose founder invented the first multivitamin in the U.S., is launching in its newest international market: Australia.
The news comes as the brand builds on the significant momentum it’s seeing in the North American market and prepares to celebrate its 75th anniversary next year, marking a significant milestone in the company’s vision to bring health and wellness to every corner of the world.

“Our entry into Australia is not just about opening a new market—it represents the beginning of the next era of growth for Shaklee. We remain committed to our vision of building healthier communities and fostering true wellness around the world,”

said Shaklee’s Chairman and CEO, Roger Barnett.
Melissa Seitz, a seasoned leader with over 20 years of experience in successfully launching and expanding markets, has been appointed as the General Manager for Australia. Melissa’s proven track record, combined with Shaklee’s mission-driven approach, will ensure that the Australian market flourishes in the coming years.

“Our mission is not just to provide health products but to inspire a movement of wellness that brings people together and helps build a better world. I am excited to lead Shaklee into this new market and to share our vision with

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