Tag Archive for business news

Hot Business News Today

Tupperware Brands Plans To File For Bankruptcy, Bloomberg News Reports

by  •  • 0 Comments

Tupperware Brands is preparing to file for bankruptcy as soon as this week, Bloomberg News reported on Monday, citing people with knowledge of the plans.
The company’s shares were down 15.8% at 43 cents after the bell. They closed down 57%. Founded in 1946 by chemist Earl Tupper, the company’s popularity exploded in the 1950s as women of the post-war generation held “Tupperware parties” at their homes to sell food storage containers as they sought empowerment and independence.

The COVID-19 pandemic provided a boost in sales from families who sheltered at home, cooked more and produced lots of leftovers. Sales have declined in recent quarters as the world re-opened.

Tupperware is planning to enter court protection, opens new tab after it breached the terms of its debt and enlisted legal and financial advisers, Bloomberg News reported on Monday.

The bankruptcy preparations follow protracted negotiations between Tupperware and its lenders over how to manage more than $700 million in debt, according to the report.

Tupperware did not immediately respond to a Reuters request for comment. In March, the company warned it was not certain its business could continue as a going concern and faced a liquidity crunch.
About Tupperware
Tupperware Brands Corporation (NYSE: TUP) is a global consumer

Read more...

Hot Business News Today

Market America Convention Welcomes 5000 Entrepreneurs

by  •  • 0 Comments

Market America Worldwide | SHOP.COM’s International Convention (ICON) brought 5,000 entrepreneurs from nine countries to Greensboro for an action-packed, five-day event, with the main sessions held at the Greensboro Coliseum from August 22-25.
Market America Co-Founder and CEO Loren Ridinger and President and COO Marc Ashley opened the convention with the debut of Ridinger’s debut book, which follows her process of rediscovering herself after losing her greatest love.
The company also held a tribute to its late founder JR Ridinger, and unveiled an honorary statue that will reside outside the company’s worldwide headquarters. The monument was sculpted by world-renowned artist Omri Amrany and will be added to the JR Ridinger Museum as a part of his legacy.
“The 2024 ICON was a fantastic platform for us to introduce new products and celebrate our tremendous leaders and UnFranchise Owners from across the world,”
Ashley said.
“Attendees leave this conference not only energized and excited about their personal business and Market America, but also refocused and equipped with strategies, products and tools to dramatically improve their businesses.”
Product Innovations at ICON 2024 Included:

Market America announced its brand-new Tower+™ Electrolyte mix, featuring 60 mg of magnesium, 200 mg of potassium and 1,000 mg of Himalayan salt, designed for hydration,

Read more...

Hot Business News Today

Top Industry Leaders Ridwan Widiantoko and Riska Fethy Liana Achieve Success at QuiAri

by  •  • 0 Comments

QuiAri Rock Star Promoters, Ridwan Widiantoko and Riska Fethy Liana are known throughout the MLM industry for their incredible work ethic and global success.
Before joining QuiAri, Ridwan was a manager at an international MLM company in Asia and both are laser-focused on reaching QuiAri’s top rank of Crown Purple Diamond. Although Ridwan and Riska’s future is brighter than ever, they said that before being introduced to MLM, their path to living their dream lifestyle wasn’t clear at all.
“I grew up in a small town in Central Java called Purworejo Regency in Indonesia and had dreams of going to college in a big city. After graduating from high school, my parents told me they didn’t have the money to pay for school and I was on my own.
There weren’t many opportunities in my small town, so I moved to the nearest big city, which was Jakarta, enrolled in school, and took any job I could get to help pay for it. I delivered newspapers until I found an entry-level office job and then eventually became a car salesman.
I made a lot of friends along the way, and fortunately one of them introduced me to Network Marketing where I

Read more...

Hot Business News Today

Khattab Youssef: The First Ever Diamond In Fast-Growing Startup My Lifestyle

by  •  • 0 Comments

From Cairo, Egypt, to the Top: Khattab Youssef’s Unstoppable Rise at My Lifestyle
In a groundbreaking moment for the fast-growing startup My Lifestyle, Khattab Youssef has shattered records to become the first-ever Diamond, cementing his place as one of the most inspiring figures in the company’s history. His journey from a medical career to network marketing mogul is a powerful testament to vision, perseverance, and extraordinary success.
A Doctor’s Bold Transition
Graduating from Ain Shams University’s Faculty of Medicine in Cairo in 2014, Khattab Youssef initially embarked on a traditional medical career. Yet, his desire to make a broader impact led him to network marketing in 2011. By 2014, he had fully committed to this dynamic field, driven by a passion to help people achieve a much better life and secure their futures beyond what traditional jobs could offer.
Why My Lifestyle?
Khattab’s leap to My Lifestyle was inspired by the company’s forward-thinking founders, Dr. Islam Mohamed and Dr. Islam Wasfy, who are top earners in the industry. Intrigued by My Lifestyle’s cutting-edge products, advanced technology, and lucrative compensation plan, Khattab saw an opportunity to build something truly remarkable. His decision proved pivotal, as he joined a startup poised for global influence.
A Global Phenomenon

During the

Read more...

Hot Business News Today

Melissa Buyse: A Passionate GOVVI Leader Empowering Women and Beyond

by  •  • 0 Comments

Melissa Buyse, a proud mother of three from Belgium, is a dedicated GOVVI influencer with over 20 years of experience as a traditional business owner and four years in e-commerce. Throughout her journey, she’s combined her love for family with a passion for empowering women, building a life centered around helping others succeed. Her story is one of dedication, resilience, and inspiration.
Background
Melissa’s entrepreneurial spirit began early, building a traditional business in Belgium with her husband. Over the years, their hard work earned them the “Best of Belgium” award. “That recognition from our clients meant everything to us after more than 20 years of dedication,” Melissa reflects.
But beyond business success, Melissa is most proud of her three boys, aged 15, 16, and 17, who have grown into independent young men. Balancing motherhood, business, and being a certified sports coach wasn’t easy. “The biggest challenge was keeping all the balls in the air… I had to learn to say NO and focus on what made me happy,” she shares.
Why GOVVI?
Melissa joined GOVVI in March 2024, drawn by its mission to empower women and provide financial freedom. “I wanted to help women become independent and provide for their kids and themselves,” she explains.

Read more...

Hot Business News Today

Frequense Triple-Digit Sales Growth And 43% Customer Increase

by  •  • 0 Comments

Frequense Breaks Records with a Stellar August: Triple-Digit Sales Growth and 43% Customer Increase
Frequense, the trailblazer in frequency-charged nutrition, is celebrating a record-breaking August, experiencing an impressive 43% increase in customers and a remarkable triple-digit growth in sales. While many companies typically face a summer slowdown, Frequense defied industry trends and turned the season into a period of significant growth, setting the stage for continued success through the rest of the year.
Frequense is ranked by Business For Home as a Triple AAA+ opportunity, the top grade.
Traditionally, the summer months are a challenging time for most businesses, with customers slowing down their spending and engagement. But Frequense had no plans to follow the usual seasonal trends. Through a combination of strategic expansion, innovative marketing, and a continued focus on delivering quality products, Frequense managed to not only avoid the summer slump but achieve exponential growth.
Barb Pitcock, CEO of Frequense said:

“We’re beyond excited about what we’ve accomplished this summer. While a lot of companies were taking it easy, we went all in. We kept showing up for our customers and affiliates, delivering value at every step. To see the community grow like this—it’s honestly so heartwarming. It shows that when you focus

Read more...

Hot Business News Today

Founder Christian Halper Is The New CEO Of Healy World

by  •  • 0 Comments

Healy World, one of the world’s most unique and innovative and companies in the field of holistic healthcare technology, is now under new leadership.
Christian Halper, Owner and Co-Founder of Healy World, has taken over the CEO position of the globally recognized wellness technology company with the clear goal of consistent and continuous growth for years to come.

“It is a great pleasure for me to work with an international team of dedicated people and to jointly promote innovations that make this world a better place,”

explains Halper on taking up his new executive role.
Christian Halper founded Healy World together with Marcus Schmieke with a strong sense of personal commitment and considerable private resources. Both founders agree that after five successful years,  Healy World is ready to grow to new heights  and its main owner is the right one to lead the way.

“Since the company’s inception, Marcus Schmieke and I have shared a vision of a world positively impacted by our innovative technology. My passion for our mission has only grown stronger over the years. This is exactly why I want to efficiently lead this company to an even successful future, which means more lives positively impacted.”

explains the new Chief Executive Officer of Healy World.
Chistian

Read more...

Hot Business News Today

Rupa Parmar: From Event Planning to 25K Affiliate at MyDailyChoice

by  •  • 0 Comments

Rupa Parmar from the UK has quickly made a name for herself as a leading affiliate at MyDailyChoice recently rising to the rank of 25K.  eSpecializing in promoting Akashx, Rupa’s journey is a compelling example of how personal transformation and career shifts can lead to significant impacts in the lives of others.
From Hospitality to Empowering Financial Futures
Prior to her journey into affiliate marketing, Rupa was deeply engaged in the hospitality industry, serving as a Sales & Events Manager for the largest UK-based nightlife operator and running her own wedding planning business. Her career trajectory shifted dramatically after she was introduced to “Cashflow Quadrant” by Robert Kiyosaki, author of “Rich Dad Poor Dad.” Inspired by Kiyosaki’s financial philosophies, Rupa decided to reshape her career path and mindset towards achieving her goals.
“I immediately wanted to change my career path and mindset in order to achieve much more in my life,”
Rupa recalls, marking the turning point that led her to affiliate marketing.
Driven by a Passion to Educate and Empower
Rupa is particularly passionate about her role at MyDailyChoice because it aligns with her goal of helping ordinary people gain financial skills and confidence. She is excited by the opportunity to teach others

Read more...

Hot Business News Today

Justin Macalinao And AJ Bernardo Achieves Presidential Diamond At BE

by  •  • 0 Comments

AJ, a barista with a flair for brewing both coffee and opportunities, crossed paths with Justin, a former aircraft mechanic who had spent seven years fine-tuning engines and dreams alike.
The year 2020, marked by the pandemic’s upheaval, prompted Justin to pivot from his well-worn career path into the unpredictable world of entrepreneurship.

Driven by the need for an additional income stream, he embarked on his first online business journey, a venture that would mold his skills and shape his future. It was during this formative period that Justin met AJ, and together, they began to chart a new course.

The duo started with BE in late 2023, a response to Justin’s financial strain after moving out of his parents’ home. The solitary income wasn’t enough, and a new opportunity beckoned.
Initially, they were customers of a promising product line, but their keen eyes spotted an irresistible affiliate marketing plan. They decided to dive in, transforming their curiosity into action and building a dynamic team along the way.

Their success owes much to their early online business mentors, who imparted vital lessons in mindset and leadership. Special gratitude is reserved for Jericho Orlina, their guiding star and sponsor in BE, whose mentorship was instrumental in

Read more...

Hot Business News Today

Ashley Fryman Achieves Diamond Rank At Bella Grace

by  •  • 0 Comments

Ashley Fryman wasn’t always a fan of network marketing and in fact denied the opportunity for over 18 months before she began her career in network marketing at the age of 27 in 2016.
After stepping away from her full time management position with a multi-million dollar global retail brand to become a stay at home parent, with the support from her husband Tyler, Ashley quickly realized going from two incomes to just one, was harder on her mentally, than she expecting.
Financially, the young parents were doing great. However Ashley realized not having her own stream of income brought its own battles as she hated “asking her husband for money”.
Ashley said:

“It wasn’t that I needed to ask for money, but there is something about physically working for your income, to feel like you can freely spend without the guilt. So I looked everywhere, but nothing would allow me to earn money from home, without putting my kids in day care.
After 18 months of having every reason for why I couldn’t join, I partnered into network marketing, hoping to make $300 a month to cover the expenses that helped me feel like “me” again.”

Ashely continues:

“I was hooked. My first month in,

Read more...