Tag Archive for business news

THREE International Unveils Visage Super Serum, a Revolutionary Serum that Beautifies and Uplifts

THREE International, the global leader in innovative products, announced on Friday the launch of its groundbreaking skincare product, Visage Super Serum by THREE. 
This innovative serum not only enhances skin health by promoting hydration and elasticity but also offers unique neurocosmetic benefits, supporting a naturally positive state through the skin-brain connection.  
Neurocosmetic Benefits: Enhancing Skin and Spirit 
Visage Super Serum introduces the concept of neurocosmetics to the THREE product lineup, leveraging the intricate interaction between the skin and the brain.  
The skin, the body’s largest organ, is deeply connected to overall health and well-being through its extensive network of nerve endings. Tiny nerve fibers within the skin send signals to your brain that support health of the feel-good molecules that promote a positive mood state. This positive state creates a better environment where healthy skin functions can be supported. Resulting in a more radiant and resilient complexion. 
The serum is designed to support this skin-brain connection by using carefully selected plant-derived molecules known as THREE’s Miracle Elixir, which help optimize the skin’s appearance to promote a brighter complexion, enhanced elasticity, enhanced collagen production, and reduced appearance of wrinkles and dark spots. This approach not only supports skin health but also contributes to a sense of

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Michal Galgoczi: Achieves 25K at MyDailyChoice

Michal Galgoczi, known within his professional circles as Miki Gala and hailing from Slovakia, has recently celebrated a significant achievement at MyDailyChoice, attaining the 25K affiliate rank.
Since joining the company in May 2024, Michal has quickly established himself as a key promoter of the Akashx trading platform, drawing on his extensive background to excel within the company.
A Shift from Construction to Trading
Prior to his venture into affiliate marketing, Michal was deeply involved in the construction industry in Slovakia, specializing in the creation of luxury bathrooms. His foray into trading marked a turning point in his career, providing not only personal profitability but also an opportunity to assist others.
“My decision to start a business in affiliate marketing came when I started to be profitable in trading, then I understood how many people I could help with this skill,”
Michal recounts, highlighting the moment that sparked his transition.
Advocating for Akashx and Supporting New Traders
At MyDailyChoice, Michal’s focus has been on promoting Akashx, a robust trading platform renowned for its comprehensive educational tools and resources designed for traders of all levels. His advocacy for Akashx is fueled by his conviction in its transformative potential for users, especially those new to the

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Futures Luume Convention – The Impact Of Events In MLM

The Impact of Events in MLM: focus on the Futures Mastermind in Dubai
Events in the relationship marketing (MLM) industry are essential for members’ personal and professional growth. At Futures, we take these gatherings seriously, using them as platforms for recognition, networking and continuing education. Our latest event, the Mastermind in Dubai, is a perfect example.
Celebration and recognition at Mastermind Dubai this year, we invited our most successful members to our Mastermind in Dubai. The event served as a platform to recognize their efforts and dedication to our mission. Through award ceremonies and inspiring speeches, we highlighted individual and collective achievements, boosting the motivation of all participants.

Networking and Growth Opportunities
The Mastermind wasn’t just a celebration; it also offered countless networking opportunities. Participants were able to interact face-to-face with Futures founders, exchange ideas with other members, and learn from industry leaders. These interactions enrich the MLM experience and open up new avenues for personal and professional development.
About Futures – Luume
Luume is a pioneering brand in the health and wellness sector, offering a wide range of 100% natural, vegan, and cruelty-free dietary supplements.
Founded in 2023 by a group of beauty enthusiasts, laboratories, and nutritionists, Luume aims to enhance the well-being of its customers

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Anna Mikchalisheva’s Journey: Turning a Dream into Reality with GOVVI

Anna Mikchalisheva, widely known as Anna Suarez, is a force to be reckoned with in the e-commerce world. As a single mother and successful entrepreneur, Anna’s journey with GOVVI has been one of remarkable growth, resilience, and inspiration. From her early days in network marketing to reaching the top ranks in GOVVI, Anna’s story is a testament to the power of perseverance, vision, and community.
Background:
Reigning from Sweet Lake City in The Netherlands, Anna’s journey into network marketing was not a straightforward one. Before joining GOVVI, she worked tirelessly as a single mom in a restaurant, putting in 60 hours a week. Her first step into network marketing came in 2016 with Juice Plus+, where she quickly rose to one of the highest ranks. After taking a year-long break in 2022, Anna found herself drawn to GOVVI in 2023. “Meeting the CEO, Lance Conrad, in Rotterdam and hearing about the vision for GOVVI gave me the feeling of wanting to be part of this community and build success within it,” Anna recalls.
Why GOVVI? Inspiration:
For Anna, joining GOVVI was a decision that felt guided by the universe. “I faced a decision: to go back or to make GOVVI a success and go

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Prio Oetomo & Wisye Tjoanda Achieve Champion at QuiAri

How do power couples become even more powerful? By joining QuiAri. Champion Promoters, Prio Oetomo, and Wisye Tjoanda from Surabaya, Indonesia, said their marriage and business is stronger than ever since they discovered QuiAri.
Before joining Network Marketing 10 years ago, Prio and Wisye owned a successful food packaging business. Now they are one of the top MLM Industry Leaders in Indonesia and quickly on their way to QuiAri’s top rank of Crown Purple Diamond.
“Our food packaging business had us traveling all over Indonesia – from coast to coast. Through our travels, we made many friends.
Some we met through the business, but others were just regular people working at hotels, restaurants, and gas stations. Many were living paycheck to paycheck and in poor health.
Discovering Network Marketing and QuiAri was a life-changing experience for us. We found our purpose in life – to be messengers of hope.
By introducing our friends to QuiAri’s industry-first 5-Minute Pay and breakthrough Products, they now have a chance to improve their health and raise their income level to match their dreams,”
said QuiAri Champion Promoters, Prio Oetomo and Wisye Tjoanda.
Prio and Wisye said they love QuiAri because the Products work quickly, and the

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Mannatech Q2 Revenue 2024 Down 14.9% To $27.7 Million

Mannatech, Incorporated (NASDAQ: MTEX), (“Mannatech” or “Company”), global health and wellness company committed to transforming lives to make a better world, today announced financial results for its second quarter of 2024.
Second Quarter Highlights

Net sales for the quarter ended June 30, 2024 were $27.7 million, as compared to $32.6 million for the same period in 2023, a decrease of $4.9 million, or 14.9%.

On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased $4.2 million, or 12.9%, and unfavorable foreign exchange caused a $0.7 million decrease in GAAP net sales as compared to the same period in 2023. The decline in revenues was principally due to supply chain constraints, items on back order, and some weakening of economic conditions in Asia.
Gross profit as a percentage of net sales decreased to 77.1% for three months ended June 30, 2024, as compared to 78.5% for the same period in 2023, some of the increase in costs were related to increased freight costs related to back ordered items and running some sales promotions on products thereby reducing our margin.

Commission expenses for the three months ended June 30, 2024 decreased by 12.5%, or $1.6 million, to $11.1 million, as compared to $12.7

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Avon Products Files For Bankruptcy

Avon Products, Inc. (“API”), a U.S.-based non-operational holding company of the Avon beauty brand, today announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to address its debt and legacy talc liabilities.
API has not sold products in the U.S. since it divested its North America business in 2016 but remains the holding company of the brand’s non-U.S. operating entities.
Avon’s operating businesses outside the U.S., which continue to advance on strategic initiatives, are not part of the Chapter 11 proceedings, and it is business as usual in Avon’s international markets.

Brazil-based Natura &Co (B3 – NTCO3), which acquired Avon in 2020, has entered into an agreement to purchase the equity interests in Avon’s non-U.S. operations for $125 million in the form of a credit bid, subject to a Court-supervised auction process.

Reflecting its continued belief in the Avon brand, Natura &Co has committed up to $43 million in debtor-in-possession financing that, subject to Court approval, will provide sufficient liquidity to fund API’s obligations during the sale process.
John Dubel, API’s Chairperson, said,

“Today’s action and the proposed sale of Avon’s non-U.S. operations will maximize the value of our assets and enable us to address our

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The Avon Company Reassures Representatives And Customers No Impact To Business

The Avon Company, a leading direct seller of beauty products in the United States, Canada and Puerto Rico, wishes to clarify its position in light of recent announcements regarding Avon Products Inc. (“API”).
The Avon Company is an independent entity with no affiliation to Avon Products Inc., and therefore, remains unaffected by the recent developments concerning API. Please note that any recent communications issued by API in which they reference the “Avon” name refer solely to API and not The Avon Company. For clarity, The Avon Company assures its Representatives and customers that its operations, product offerings, and business strategies remain in place.
In 2016, The Avon Company separated from worldwide Avon Products Inc., and now The Avon Company operates independently and markets products in the US, Canada, and Puerto Rico.
On the other hand, Avon Products Inc. markets Avon products worldwide. In 2019, LG H&H, a leading K-beauty & personal care company in Korea, acquired Avon’s North America business and has operated since then. As such, in light of recent news, there is no impact to the Avon US, Canada and Puerto Rico business.

“We understand there is confusion about our business structure and want to reassure our Representatives and customers that The

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Medifast (OPTAVIA) Q2 Revenue Down 43,1% To $169 Million

Medifast (NYSE: MED), the health and wellness company known for its habit-based and Coach-guided lifestyle solution, OPTAVIA®, today reported results for the second quarter ended June 30, 2024.

Revenue of $168.6 million, with revenue per active earning Coach of $4,972
Independent active earning OPTAVIA Coaches of 33,900
Net loss of $8.2 million (non-GAAP adjusted net income of $10.1 million)
Loss per diluted share of $0.75 (non-GAAP adjusted earnings per share (“EPS”) of $0.92)
Cash, Cash Equivalents, and Investment Securities of $163.5 million with zero debt

“We are acting decisively to transform our business to position us for long-term growth, with a strong balance sheet free of debt, a clear focus on new customer acquisition, and a broader health and wellness offer to a significantly expanded target market,”

said Dan Chard, Chairman & CEO.

”Our holistic approach, encompassing nutrition, personalized coaching, a supportive community, and access to a clinician through our collaboration with telehealth provider, LifeMD, positions us uniquely to support those who are interested in weight loss medications as well as those who are transitioning off a medical regimen, or those who choose to pursue more traditional weight loss methods. Our mission today, much like it has been over the last 40 years, is to help our

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Nu Skin Q2 Revenue Down 12% To $439.1 million

“We are pleased with our progress as we perform to plan on our transformational efforts, and we are on track as evidenced by our second quarter results,”
said Ryan Napierski, Nu Skin president and CEO.

“Our revenue was in-line with our expectations despite a 4 percent FX headwind, while adjusted earnings per share slightly exceeded our projections due to heightened operational discipline, excluding our restructuring and impairment charges.
As our core Nu Skin business continues to navigate the macro-economic environment, we were encouraged by sequential gains in several of our markets including the U.S. and most of Southeast Asia/Pacific. Additionally, our Rhyz business grew 32 percent versus the prior-year quarter led by strong performances in our Mavely affiliate platform and manufacturing companies.
“We are intensifying our transformation efforts to become a leading integrated beauty, wellness and lifestyle ecosystem by building synergistic value between our Nu Skin core and Rhyz. In late July, we held our first Western market, in-person affiliate event in over five years with a similar event for Eastern markets coming in September.
At the event, we were able to drive energy and alignment among our leaders as we previewed our MYND360 cognitive health division and promoted new activation efforts to

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