Mannatech Incorporated, the pioneer of nutritional glycobiology, and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, announced the appointment of Eric W. Schrier to the Board of Directors, effective October 28, 2014.
Stanley J. Fredrick, Chairman of the Board of Mannatech, Incorporated, commented, “Mr. Schrier brings a wealth of valuable experience in digital and print media, customer acquisition, and direct selling.”
Mr. Schrier, age 62, served as President and CEO of The Reader’s Digest Association where he was responsible for $2.4 billion in revenue and 4,500 employees and more than 100 million customers in 70 countries during his tenure from January 2006 to March 2007. Since June 2013, he has served on the Board of Directors as Chairman for Edible Media, a multi-platform media company in the farm-to-table food space.
He currently serves on the Boards of Directors for TEN (The Enthusiast Network) (since January 2011), American Chemical Society (since June 2012), Reader’s Digest Association (since April 2014), and MeQuilibrium (since October 2011). He has previously served on the boards of Willow House (from July 2009 to December 2013), Demdex Corp (from July 2009 to January 2011), and Bonnier
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Avon Products’ Rating Cut To Junk By S&P
by Tina Williams • • 0 Comments
Standard & Poor’s Ratings Services on Monday cut beauty products direct seller Avon Products Inc. corporate rating to junk, citing the company’s slower-than-expected progress to improve business and weak results, particularly in the U.S. and Brazil.
“Some of the company’s issues are deeper than we anticipated,” S&P said, cutting Avon’s corporate rating to double-B-plus, one notch below investment grade. While the company has a good geographic diversity, the rating agency said, “it will take time to re-engage its active representatives and rebuild sales growth.”
S&P, however, kept the company’s outlook at stable, signaling an expected improvement.
Founded in 1886 by David H. McConnell, a traveling book salesman, Avon became known for a growing sales force of women—the Avon Ladies—and its trademark “Avon calling!” But the New York-based company has been struggling to grow sales and attract and retain sales representatives.
Avon, which in July reported another quarter of disappointing sales and lower profits but said its U.K. market had reported the first quarter of sales growth since 2010, is the midst of a multiyear restructuring plan that the company is hoping will result in $400 million in savings.
About Avon
Everyday, Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick
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Talk Fusion: “We’re Just Getting Started”
by Nicole Dunkley • • 0 Comments
When Direct Selling veteran and philanthropist Bob Reina established Talk Fusion in 2007, his vision to bring people together with the power of video went global. Every moment since then has been history in the making, foreshadowing the exciting future to come.
With Independent Associates in over 140 countries, Talk Fusion continues to make dreams come true and change the way people around the world communicate and market their businesses. Talk Fusion’s in-house team of product developers prides itself on taking a creative approach to breaking communication barriers.
In 2007, Talk Fusion’s premier product Video Email ended the era of boring black and white emails. Now, in 2014, the upcoming release of CONNECT Video Chat will change communication as we know it again: using WebRTC technology, people around the world will soon be able to chat face-to-face on any device, anywhere, at any time.
In their company-wide live broadcast on November 4, Talk Fusion Founder & CEO Bob Reina and VP of Training & Development Allison Roberts confidently announced to Associates that the company is on the cusp of greatness.
“It’s a great time to be us,” said Founder & CEO Bob Reina. “We do a great job at developing new technology and adding
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Nerium’s Amber Olson Rourke Named Finalists In 11th Annual Stevie Awards For Women In Business
by Nicole Dunkley • • 0 Comments
Nerium International™, the leader in age-defying skincare products, and its Chief Marketing Officer, Amber Olson Rourke, have been recognized as finalists in the 11th annual Stevie® Awards for Women in Business and will ultimately be a Gold, Silver or Bronze Stevie Award winner in the program.
Nerium was selected as a finalist in the Fastest Growing Company of the Year and Company of the Year – Consumer Products categories. Additionally, Olson Rourke was named as a finalist in the following categories: Female Entrepreneur of the Year – Business Services; Woman of the Year – Advertising, Marketing & Public Relations; Young Female Entrepreneur of the Year and Women Helping Women – Business.
The Stevie Awards for Women in Business honor women executives, entrepreneurs, employees and their companies. The Stevie Awards have been hailed as the world’s premier business awards.
Gold, Silver and Bronze Stevie Award winners will be announced during a gala event at the Marriott Marquis Hotel in New York on Friday, November 14. Nominated women executives and entrepreneurs from the U.S.A. and several other countries will be in attendance. The event will be broadcast live on radio in the U.S.A. (and simulcast worldwide) by Biz Talk Radio and taped for a later
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Zija International Provides Update On Charitable Arm’s First Year
by Nicole Dunkley • • 0 Comments
It’s been a little over one year since Zija International launched The Zija Miracle Foundation, the company’s charitable arm. Zija recently provided an update on the foundation, including what they’ve been able to accomplish and plans for the future.
The foundation’s name pays tribute to Moringa oleifera—nicknamed nature’s “miracle tree”—which is the basis of Zija International’s flagship Core Nutritionals product line.
The Zija Miracle Foundation began by focusing on helping elderly individuals who have been abandoned, as well as young orphans, near one of Zija’s Moringa oleifera farms in Northern India. Since then, they have been able to provide a number of needed items such as cooking supplies, stoves, bedding, and a 2nd floor expansion, which allows the home to take in and help more individuals.
The partnership in India has also led to other opportunities to serve others in need around the world.
In 2011, the devastating Tohoku earthquake and tsunami shattered lives and communities in Japan. Over three years later, the country is still working to recover from the aftermath. This past year, members of Zija Nation in Japan were able to provide support and much-needed service to the community of Sendai, one of the country’s hardest-hit areas.
Just one month after the
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New 5 Year Agreement For Lyoness Open
by Tina Williams • • 0 Comments
The Lyoness Open will feature in The Race to Dubai until at least 2019 following a new five year agreement between The European Tour, title sponsor Lyoness and promoter Golf Open Event gmbh.
Next year marks the Austrian tournament’s tenth consecutive staging, having also previously been played each year between 1990 and 1996 when champions included Ryder Cup stars Bernhard Langer, Ronan Rafferty and Paul McGinley.
As part of the new agreement, the prize fund for the 2015 tournament will be increased by 50 per cent, from €1,000,000 to €1,500,000. The tournament will return to Diamond Country Club, in Atzenbrugg, the host venue since 2010, which is a European Tour Destination as part of The European Tour’s Properties Network, from June 11-14, 2015.
This year, Sweden’s Mikael Lundberg denied home favourite and 2012 champion Bernd Wiesberger a second victory in three years, holing a 40ft birdie putt on the first play-off hole to claim the title.
Keith Waters, The European Tour’s Chief Operating Officer and Director of International Policy, said: “Since returning the our International Schedule in 2006, the Lyoness Open has developed into an excellent tournament, and it has been an important and valued fixture on our Race to Dubai.
“We are therefore delighted
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ViSalus Honors National Childhood Obesity Awareness Month By Donating More Than 65,000 Kids Meals And Snacks Through PROJECT 10™ Kids
by Tina Williams • • 0 Comments
To help kids begin their own journey to a healthier lifestyle, ViSalus, Inc. honored National Childhood Obesity Awareness Month this past September with a special double-donations initiative through their PROJECT 10™ Kids charity program. This double-donation incentive generated more than 65,000 kids meals and snacks donated to those in need.
PROJECT 10 Kids provides the Vi Community an opportunity to share the benefits of achieving a healthier weight with the next generation. When Vi Promoters and Customers lose 10 lbs. or add 10 lbs. of lean muscle during their PROJECT 10™ Challenge, the company donates 30 nutritional meals to a child in need through PROJECT 10 Kids.
“At ViSalus we have donated a total of over 4 million meals to families in need,” said Ryan Blair, Vi Co-Founder and CEO. “This includes over 65,000 as a result of our double-donations in September—the equivalent to over 2,000 kids meals and snacks a day.”
Vi Regional Director, Gabriel Arellano, campaigned for the cause and biked 1,000 miles from Pueblo, Colorado to Houston, Texaswhere he attended Vitality, Vi’s 2014 global convention. “It’s a cause I am very passionate about, and it’s why I love our PROJECT 10 Kids program,” said Arellano. “ViSalus is doubling the 1,000-meal donation for the 1,000 miles I biked in September
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Vemma® Honored By The Academy Of Interactive And Visual Arts
by Tina Williams • • 0 Comments
The Academy of Interactive and Visual Arts has announced the winners of the 2014 W3 Awards, honoring liquid nutrition company, Vemma with four awards. Vemma received Silver Awards for the Verve MoJoe™ micro siteVerveMoJoe.com, the Verve micro site Verve.com, the Vemma Instagram site, and the Vemma All In Convention App.
“So much of our branding and marketing efforts are funneled through web, social and mobile. I congratulate the Vemma team for having the creativity and technical skills to create these effective and award-winning interactive tools,” said Vemma EVP of Marketing and Brand Development, Mark Patterson.
The W3 Awards honors outstanding websites, web marketing, web video, mobile sites and Apps, as well as social content created by some of the best interactive agencies, designers and creators worldwide. This year’s competition received over 4,000 entries.
The awards are sanctioned and judged by the Academy of Interactive and Visual Arts, an invitation-only body consisting of top-tier professionals from a “Who’s Who” of acclaimed media, advertising and marketing firms.
“We were once again amazed with the high level of execution and creativity represented within this year’s group of entrants. Our winners continue to find innovative and forward thinking ways to push the boundaries of creativity in web design,” said Linda Day, the director
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Brain Abundance – 20,000 Distributors And Shipping To 160 Countries
by Ted Nuyten • • 0 Comments
Brain Abundance, a multilevel marketing company offering a one of a kind, first to market dietary supplement formulated to protect and support healthy brain performance and function, launched January 15, 2014 in less than a year Brain Abundance is shipping product to over 160 countries and has over 20,000 active IBO’s (Independent Business Owners).
The uniqueness of Brain Abundance stems from the new technology that allows it to service its Independent Business Owners (IBO’s), worldwide on a cloud based platform.
This allows people from any country to join and build a business no matter where they live.
Brain Abundance’s initial launch product, Brain Fuel Plus, is a daily supplement containing 13 ingredients that work synergistically to support cognitive function, memory, mental clarity, and mood. Being first to market, it gives the IBO a distinct advantage in the networking market place.
Enrollment Options to become an IBO in Brain Abundance are simple and low cost, which again makes it very easy for people, no matter what their financial status is, to start and run a home based business.
A new enrollees is simply required to make a purchase of at least 1 bottle of Brain Fuel Plus for $59.00 plus shipping and a one-time
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Herbalife Reported 3rd Quarter Results, Sales Up 4%
by Tina Williams • • 0 Comments
Herbalife Ltd. (NYSE: HLF) today reported third quarter net sales of $1.3 billion, reflecting an increase of 4 percent compared to the same period in 2013. Adjusted1 net income for the quarter was $125.1 million, or $1.45 per diluted share, compared to $152.1 million, or $1.41 per diluted share for the same period in 2013.
On a reported basis, the company announced third quarter net income of $11.2 million, or $0.13 per diluted share, compared to $142.0 million, or $1.32 per diluted share for the same period in 2013.
Third quarter 2014 reported net income was negatively impacted by $139.5 million in pre-tax charges, or $0.97 per diluted share after tax, related to the remeasurement of Venezuelan Bolivar denominated assets and liabilities at the SICAD I and SICAD II rates, and $17.5 million in pre-tax charges, or $0.13 per diluted share after tax related to a legal reserve.
For the quarter that ended September 30, 2014, the company generated $101.9 million net operating cash flow, and purchases of property, plant and equipment in the period were$34.5 million.
Michael Johnson, chairman and CEO stated, “In the quarter we saw volume increases in two-thirds of our 91 countries, especially Russia and China. Excluding the impact of currency translation in Venezuela, the company had solid increases in both volume and net sales.
We continue to