The following is an email from founder and CEO Harold Zimmerman to the Votre Vu Reps:
Dear Votre Vu Brand Ambassdors,
It is with an extremely heavy heart that I announce that Votre Vu will need to close our doors at the end of this year- 2014.
Even though the value of our products was validated repeatedly by prestigious beauty editors, celebrities, and business authorities, we simply did not gain enough consumer traction to keep our business in operation.
Our sales have been in decline in the past 2 years, and the level of investments made to keep our operations running has reached its limit. Trust me, we have looked every which way to keep this dream alive. It has been my wholehearted focus for the past seven years – and I know all of you and our corporate staff also embraced the Votre Vu vision with the sincerest passion.
I do not view this as a failure, nor should you. We dared to dream. We dared to create something truly unique, and we created quite a stir in doing so. Our brand was given life by YOU, our beloved Brand Ambassadors. \You invoked passion and excitement amongst our consumer base at
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ViSalus’ International Expansion Initiative Launches in the Netherlands, Sweden, Finland and Spain
by Tina Williams • • 0 Comments
ViSalus’ international expansion initiative supplies solutions for the growing European demand for healthier living by continuing its commitment to open four new Vi markets by year-end 2014. Vi Ireland launched in June, the Netherlands, Sweden and Finland in October, and Spain opened for shipping November 14th, completing Vi’s global expansion ahead of schedule.
“We have made a global commitment to bring our healthy living efforts, which have already transformed more than 3 million lives in North America, to many European fronts,” said Ryan Blair, ViSalus Co-Founder and CEO. “Our goal is to Challenge these countries to create healthy living lifestyles for generations to come.”
ViSalus has fulfilled the next steps in its global initiative by opening October 1 in the Netherlands, Sweden and Finland, and offering Vi products to those consumer markets as of October 15. On Friday, November 14th, Spain also opened for shipping. The Netherlands, Sweden, Finland and Spain have surpassed a total of over 3,000 Vi Customers and Promoters since launch.
Blake Mallen, Vi Co-Founder and Chief Marketing & Sales Officer, and Nick Sarnicola, Vi Co-Founder and Global Ambassador, hosted Influencer Summits in each new market to connect with the international independent Promoter community and outline the short and long-term
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2 Year Anniversary Of $1 Billion Bet Against Herbalife: $97.4 Million Spent On Case
by Tina Williams • • 0 Comments
It’s been two years since Bill Ackman launched the billion-dollar short bet heard ’round the world.
On Dec. 20, 2012, the founder of Pershing Square Capital Management LP announced his bet against the nutritional supplement company Herbalife Ltd. in a three-hour-plus PowerPoint presentation that spanned 334 slides. He called the company a “pyramid scheme” and said it has caused “enormous harm” to “vulnerable communities around the world.”
As of Thursday’s close, Herbalife’s stock was down about 11% from where it closed on Dec. 18, 2012 (word that Mr. Ackman was betting against Herbalife leaked the day before the presentation, causing the stock to drop). That change masks two years of massive volatility in the stock, millions spent by Mr. Ackman spelling out his case and millions spent by Herbalife defending its business model.
In the meantime, some of the world’s best-known money managers have piled into the stock, taking the other side of Mr. Ackman’s bet. Feuds between Mr. Ackman and some of his nemeses have been thrown into the public spotlight and at least one feud has morphed into perhaps a friendship.
Here’s a look back at Mr. Ackman’s Herbalife bet by the numbers:
Mr. Ackman’s short position in Herbalife: $1 billion
What Mr. Ackman has spent making his case that the
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Amway’s Artistry Brand Leverages Digital Cosmetics
by Tina Williams • • 0 Comments
In a rapidly-changing world where new information and scientific data come to light faster than ever, beauty and skincare products continue to evolve.
Artistry™, one of the world’s top-five largest selling premium skin care brands*, continues to leverage these changes to imagine new technologies and discover new breakthroughs. Through active collaboration and partnerships with universities, scientists and industry leaders, Amway and the Artistry™ brand remain on the forefront of global trends and are achieving transformational advancements in beauty and skincare.
The future of forward beauty
“Research and advancements in dermatological treatment devices, DNA repair and stem cells are on the cusp of delivering breakthrough benefits to Artistry™ products,” said Dr. Paul Seehra, director of the Amway Asia Beauty Innovation Center. “And we continue to investigate emerging areas of new science, including studying and monitoring the benefits that microorganisms have on an individual’s skin and overall health.”
Located in Seoul, South Korea, the Asia Beauty Innovation Center (ABIC) supports collaboration with the pharmaceutical and healthcare industries. The ABIC’s presence in Asia is significant because the market accounts for a significant percentage of Artistry™ sales and Seoul is currently the center of pop culture for the region. In addition to advancing partnerships and research agreements,
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Medifast Board Of Directors Under Investigation
by Tina Williams • • 0 Comments
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Medifast, Inc. (“Medifast” or the “Company”) (MED) concerning the improper compensation of the Company’s executives.
Medifast’s key executive compensation increased drastically from approximately $2.12 million in 2012 to approximately $12.11 million in 2013. This is an especially significant increase given the fact that key executive compensation was under $2 million for each year from 2009 to 2011. While the key executive compensation has increased dramatically, there has not been any significant increase in the Company’s stock price.
If you are a Medifast stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation.
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Bo Short, Industry Icon and Top-Ranked Leader, Joins Jeunesse
by Tina Williams • • 0 Comments
Jeunesse is honored to announce the addition of Bo Short to its global field leadership. As the company experiences continued exponential growth, Bo will use his decades of expertise in MLM to continue to stimulate significant growth around the world, while also designing a groundbreaking personal development initiative aimed at strengthening field leadership in the United States, while working closely with leading directors to further enhance Jeunesse culture.
“Very seldom in the network marketing industry does a company come along with this type of sustained growth, backed by category-creating products and a world-class compensation plan,” explains Bo. “ Jeunesse is such a company. It is a builder’s dream to mentor a team in that (type of) environment. I know the success that awaits distributors that come here and I am honored to be a part of that process.”
As a legendary figure in the network marketing industry, Bo has spent the past 25 years building successful MLM teams in 25 different countries. He most recently served as the President of Global Sales & Field Development for a large, publicly traded network-marketing company.
Ranked #31 in Business for Home’s “Top 250 Lifetime Earners,” Bo was later singled out as “1 of 52 of the Brightest Minds in
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Only half of UK small businesses feeling positive before Christmas
by Successful IBO • • 0 Comments
Younger business owners are most likely to optimistic about the period leading up to Christmas, research finds.
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FGXpress Accelerates Business In Japan
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced Ron Williams, CEO and founder of ForeverGreen, as well as several other senior executives traveled to Japan to meet with top leaders and prepare for the expansion of business in the region.
PowerStrips, an FGXpress product listed with the FDA as a Class 1 Medical Device for the temporary relief of minor pain, has greatly increased in popularity in Japan, prompting the company to accelerate business in the county. Using all natural ingredients, PowerStrips can be mailed anywhere in the world and are marketed in 174 countries by a growing network of ForeverGreen members, making the product attractive to business owners, entrepreneurs and consumers across Japan.
Japan captures approximately one ninth of worldwide direct selling sales. ForeverGreen expects Japan to be a top producing country in 2015. “Japan is considered one of the big three markets in our industry,” Mr. Williams said. “It takes more time and resources, but the upside potential is worth the investment.”
Mr. Williams as well as Jeff Graham, President of North America, and other management met with top leaders to discuss how to improve logistics and advance ForeverGreen’s presence in Japan. According to Tomoko
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The Freedom Fighters Network Closed Down
by Ted Nuyten • • 0 Comments
From a beach in Bali, Angela Moore and Jordan Schultz, founders of The Freedom Fighter Network, told the world about their revolutionary system that was “guaranteed” to make you money.
The opportunity was launced in July 2014, Their Freedom Fighters Facebook group had 11,000+ members and an estimated 25,000+ marketers invested in the system.
Schultz and Moore closed down their operations in an unexpected move, leaving numerous affiliates in the dust. The reason seems to be a possible bankruptcy, so the owners decided not to pay out affiliates anymore, take the money and “jump ship”.
According to their website:
“The Freedom Fighters Network is a product that has all the marketing system with all of the pieces (capture page, sales page, one time offers and followup) already put together for you including a traffic source. The marketing system funnels people thru and converts them to sales for you.
In addition to the marketing system and traffic provided for you there will also be training on how to find your own traffic sources”.
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4Life Names Peru General Manager
by Nicole Dunkley • • 0 Comments
Recently, Senior Vice President, International Jeff Kalinin named Manny Castillo as General Manager of Peru, which opened as 4Life’s 16th international office in 2009.
Castillo joined the marketing department of 4Life Research® in 2009 as an International Marketing Manager. In 2011, he took a role in the International department as a Market Coordinator for the countries of Ecuador, Colombia, Brazil, and Peru.
Jeff Kalinin: “Manny has excellent marketing experience, as well operational experience with new, emerging, and established markets. He’ll make a great corporate leader for this growing marketplace.”
Castillo is originally from Trujillo, Peru. He moved to the United States to pursue a college degree in business and graduated from Utah Valley University. Today, he and his wife Betty have two children. He will move his family to Lima, Peru, from Provo, Utah, in January 2015 to assume his new responsibilities.
October was 4Life’s best sales month in company history. Additionally, 2014 produced a record-breaking 17 new Gold International Diamonds around the world with Dr. Jase and Dr. Jinsun Khyeam of South Korea and Sheri Din of Singapore advancing to the company’s highest rank, Platinum International Diamond.
Manny Castillo: “I am honored and excited to accept the great responsibility of General Manager of Peru,”