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Nature’s Sunshine Names Richard Zhang And Henry Zhou As Managing Directors, China

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Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct sale of premium-quality nutritional and personal care products, announced the appointment of Richard Zhang as Managing Director, China for Nature’s Sunshine Products (“NSP”), and the appointment of Henry Zhou as Managing Directors, China.

“I am confident that Mr. Zhang and Mr. Zhou will be excellent additions to our growing leadership team in China,” said Gregory L. Probert, Nature’s Sunshine Products’ Chairman and CEO. “Both gentlemen are uniquely qualified to help lead our growth in this key market, bringing rich experiences in direct selling and consumer products as well as developing and managing business in China.”
“We are confident that their combined leadership will help ensure the successful launch of our Nature’s Sunshine-branded products in retail locations across China and Synergy-branded products through a direct selling model. I look forward to embarking on this journey to expand our Distributor and consumer bases and product lines into this region through our multi-brand, multi-channel go-to-market strategy.”

“I am thrilled to have Mr. Zhang and Mr. Zhou join our team to execute our China strategy,” added Paul Noack, Nature’s Sunshine Products’ President of China and New Markets. “I look

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“Pyramid Scheme Or Not, Herbalife Is Tanking”

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The LA Times released the following article today, making a bold prediction about industry giant, Herbalife:
In  December 2012, Hedge fund investor Bill Ackman painted a huge bull’s-eye on the back of Herbalife, labeling the Los Angeles nutritional supplements company an illegal pyramid scheme and placing a $1-billion short bet against its shares.
Ackman supported his bet with a 334-slide PowerPoint presentation that eviscerated the company in heroic detail. Whether Herbalife’s business model is illegal — ongoing investigations by federal and state authorities have that issue, and others, under scrutiny — much of what Ackman said at the time appears well-taken today.
So far this year, Herbalife’s shares are down about 43% — including a roughly 20% drop Tuesday (as of this writing) after the company shocked investors with a bad quarterly report and a pessimistic view of the future Monday. Its shares are currently trading below $45. Ackman, whose short bet is thought to have been made at about $50 a share, appears to be back in the black, after having faced a hefty loss when the stock reached the low $80s earlier this year.
As Ackman observed, Herbalife’s business model has long been questionable, relying on overhyped products, an almost invisible research-and-development program, and the targeting

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Noal Floyd – Brain Abundance Top Earner Interview

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Noal Floyd from Central City, Kentucky, USA is one of the Top Earners in Brain Abundance.
Noal Floyd has been recognized as one of the top recruiters and leaders in Brain Abundance. His experience with MLM started at a very young age through his parents successful involvement in a top ranked company.
Noal began his career only after he had hit rock bottom in the corporate world. Knowing that the industry worked, he was able to execute a plan a of action that allowed him to walk off his job in just a few short years.
Noal’s choice to partner with Brain Abundance was simple. “It is a breath of fresh air to the industry” he states. With a product that has a proven track record and the simplicity of the marketing plan, it makes it quite simple for anyone to have results with Brain Abundance.
Brain Abundance launched worldwide in January 2014 and quickly grew to over 15,000 members. Now shipping to over 160 countries, it’s growth continues to greatly exceed the expectations of the company’s founders.
Ted Nuyten had to honor to interview Noal Floyd.
Noal, what was your opinion about MLM before you got involved, did your parents influence you?
I knew the

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Hot Business News Today

Noal Floyd – Brain Abundance Top Earner Interview

by  •  • 0 Comments

 
Noal Floyd from Central City, Kentucky, USA is one of the Top Earners in Brain Abundance.
Noal Floyd has been recognized as one of the top recruiters and leaders in Brain Abundance. His experience with MLM started at a very young age through his parents successful involvement in a top ranked company.
Noal began his career only after he had hit rock bottom in the corporate world. Knowing that the industry worked, he was able to execute a plan a of action that allowed him to walk off his job in just a few short years.
Noal’s choice to partner with Brain Abundance was simple. “It is a breath of fresh air to the industry” he states. With a product that has a proven track record and the simplicity of the marketing plan, it makes it quite simple for anyone to have results with Brain Abundance.
Brain Abundance launched worldwide in January 2014 and quickly grew to over 15,000 members. Now shipping to over 160 countries, it’s growth continues to greatly exceed the expectations of the company’s founders.
Ted Nuyten had to honor to interview Noal Floyd.
Noal, what was your opinion about MLM before you got involved, did your parents influence you?
I knew the

Read more...

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MONAT Announces New President

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Mr. Luis Urdaneta and MONAT Global Inc.,  a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.
Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora’s Directors on the establishment and strategic direction for their new subsidiary; MONAT Global.
Mr. MacMillan brings with him, a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry.
His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom

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MONAT Announces New President

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Mr. Luis Urdaneta and MONAT Global Inc.,  a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.
Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora’s Directors on the establishment and strategic direction for their new subsidiary; MONAT Global.
Mr. MacMillan brings with him, a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry.
His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom

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Industry Leaders, Ray And Robin Sanchez, Join Vemma

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Nearly 11 years ago, Ray and Robin Sanchez realized how this industry was their answer to providing more for their family of 11. Ray, a top local Michigan musician, and his wife, Robin have experienced great success with two different companies. Their passion is to help others, just like themselves, who desire more for their families.

After seven years in the industry and downturn of the economy, Robin found her business struggling. “When people are just trying to put food on their tables, they will sacrifice the expense of name brand face and foot creams,” Robin says.

In 2011, in an effort to find an answer to turn finances around, Ray joined a health and wellness company with a 90-day challenge platform and realized success early on. Robin soon joined him and the couple went on to build a successful business.
With Vemma having explosive growth and doubling in sales in the last year, they found themselves intrigued with the possibilities to lead even more people to greater success. “We have seen it proven again and again that timing is more important than skill,” says Ray. “There are so many facets of Vemma we fell in love with. We are impressed with this

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Hot Business News Today

Industry Leaders, Ray And Robin Sanchez, Join Vemma

by  •  • 0 Comments

 
Nearly 11 years ago, Ray and Robin Sanchez realized how this industry was their answer to providing more for their family of 11. Ray, a top local Michigan musician, and his wife, Robin have experienced great success with two different companies. Their passion is to help others, just like themselves, who desire more for their families.

After seven years in the industry and downturn of the economy, Robin found her business struggling. “When people are just trying to put food on their tables, they will sacrifice the expense of name brand face and foot creams,” Robin says.

In 2011, in an effort to find an answer to turn finances around, Ray joined a health and wellness company with a 90-day challenge platform and realized success early on. Robin soon joined him and the couple went on to build a successful business.
With Vemma having explosive growth and doubling in sales in the last year, they found themselves intrigued with the possibilities to lead even more people to greater success. “We have seen it proven again and again that timing is more important than skill,” says Ray. “There are so many facets of Vemma we fell in love with. We are impressed with this

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Nu Skin Q3 Revenue Down 30% To $638 Million

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Nu Skin Enterprises, Inc. (NYSE: NUS) today announced third-quarter results with revenue of $638.8 million, the top end of the company’s prior guidance and a 30 percent decline from the prior-year period.
Comparable revenue in the third quarter of 2013 included $203 million in sales from the company’s limited-time introduction of its ageLOC® TR90® weight management system.
Revenue for the third quarter of 2014 was negatively impacted three percent by foreign currency fluctuations. Earnings per share for the quarter were $1.12, ahead of expectations, versus $1.80 in the prior-year period.
 

“We made significant progress during the third quarter,” said Truman Hunt, president and chief executive officer.

“We believe our business in China is stabilizing as we are seeing improving trends in the early sales leader pipeline, we strengthened our capital structure and balance sheet flexibility, we are making good progress in our product development efforts, and we generated positive operating cash flow.

We have also seen continued enthusiasm among our sales force at recent sales leader conventions in our South Asia/Pacific, Greater China and Americas regions.

“Our sales results are heavily impacted by our product launch schedule. Last year’s second-half launch, which generated approximately $550 million in sales, provides a difficult year-over-year

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Oriflame Q3 Profit Above Forecast

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Oriflame Cosmetics Russian sales stabilized in the third quarter after the beauty products retailer made changes to a compensation plan for sales representatives in the country. The stock rose the most in more than a decade.
Oriflame’s adjusted operating profit totalled 19.7 million euros (15.44 million pounds), topping a mean forecast of 16.8 million in a Reuters poll of analysts.  Revenue in Russia rose 1 percent at local currency rates in the three months through September, the Luxembourg-based company said, the first growth in more than a year.
Oriflame, which gets about half of sales from the countries of the former Soviet Union, reported estimate-beating third-quarter earnings, resulting in a record share rise.
Changes to the so-called Success Plan for employees “are starting to deliver results,” the company said today without elaborating. The Russian sales growth comes after global cosmetics leader L’Oreal SA reported higher revenue in the country yesterday.
“We can see positive trends in Russia with growth in the third quarter and positive continuation into the fourth quarter,” Oriflame Chief Executive Officer Magnus Braennstroem said. The retailer has had operations in the country since 1992.
Oriflame and L’Oreal join western European consumer-products companies reporting surprisingly good growth in Russia in the third

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