It’s a sunny, cold morning in Manhattan, too early for most people to be up. But in the New York showroom of the costume jewelry retailer Stella & Dot, a posse of chic employees are already caffeinated and hard at work. They are shoulder to shoulder around a long conference table, looking at bling—bib necklaces, bangle bracelets, cocktail rings, a rhinestone brooch fanned in feathers.
Busy grouping pieces into families is a raven-haired woman dressed like a high-fashion biker, right down to her black ankle boots: Jessica Herrin, 39, Stella & Dot’s CEO and founder. She lines up a row of necklaces, pulling out a golden rope chain that has a dangling trio of hearts.
She puts it around her neck and hoists the chain until the pendants lie against her sternum. “We need midlength,” she says decisively to her team. “It’s a style that works for everyone, everywhere. Dresses up or down. It’s fun or functional.”
Herrin’s close attention to her products and to the reasons women buy them has turned the business into a huge success. Since relaunching in 2007, Stella & Dot (stelladot.com) has paid out more than $100 million in commissions to its 20,000 sales reps.
Remarkably,
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LegalShield Elects New CEO, Jeff Bell
by Tina Williams • • 0 Comments
LegalShield, one of the nation’s leading providers of affordable legal plans and identity theft solutions for individuals, families and small businesses, announced today that Jeff Bell has joined the company as Chief Executive Officer. Mr. Bell succeeds Rip Mason, who will now serve as Executive Chairman of the Board.
Mr. Bell comes to LegalShield with over 20 years of corporate leadership and consumer marketing experience for global brands including Microsoft, Chrysler, Ford and NBCUniversal. While serving as Corporate Vice President, Global Marketing, Interactive Entertainment Business (Xbox) for Microsoft Inc., Mr. Bellsaw tremendous success, leading the business to its first profitable year in its existence, and garnered industry recognition launching and marketing a number of successful video game franchises including “Halo 3,” “Gears of War,” “Madden,” and “Rock Band.”
In addition, he led the growth of Xbox LIVE from four million to 12 million members in two years. While serving as Vice President of the Chrysler and Jeep Divisions for DaimlerChrysler, he launched the Chrysler 300, and the ‘Grab Life by the Horns’ and Town & Country with “Stow ‘n Go” seating and storage marketing campaigns.
In 2012, NBC Senior Vice President, Kim Niemi, called upon Mr. Bell, to lead NBCUniversal’s marketing efforts in the health and fitness market. In this role, Mr. Bell developed the “Challenge
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WorldVentures Becomes Member of Plano Chamber of Commerce
by Nicole Dunkley • • 0 Comments
WorldVentures, the leading international direct seller of vacation club memberships, is pleased to announce its membership in the Plano Chamber of Commerce. As a member of the Chamber of Commerce, WorldVentures is able to receive member-to-member benefits and member-to-community benefits including discounts between members and supporting the local economy.
“Joining the Plano Chamber of Commerce is a great step for WorldVentures,” Co-Founder and Chief Executive Officer Mike Azcue said. “We’re a fast-growing company and now we’re able to reach a larger audience while becoming more connected to our community. And, we’re looking forward to sharing with those in the north Dallas area why our DreamTrips Vacation Club was named “World’s Leading Travel Club” at the 2013 World Travel Awards.”
“WorldVentures is dedicated to helping our Independent Representatives blend great life experiences with the opportunity to earn extra income doing something they love, and to help others improve their lives.”
As a member of the Plano Chamber of Commerce, WorldVentures will join other well-known companies that work promote local economic growth. Displays and information about WorldVentures will also be located in the Resource Center for anyone stopping into the Chamber’s location.
About WorldVentures:
WorldVentures is the leading international direct seller of vacation club memberships. WorldVentures
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Herbalife Q2 Earnings – $1.3 Billion Revenue + 7%
by Ted Nuyten • • 0 Comments
Herbalife Ltd. Announces Second Quarter 2014 Results and Raises 2014 Earnings Guidance
Second quarter worldwide volume growth of 5 percent compared to the prior year period.
Adjusted1 EPS of $1.55 increased 10 percent compared to the prior year. Reported EPS of $1.31 primarily reflects the impact of the non-cash costs associated with the convert and other items.
Raising FY’14 adjusted diluted EPS guidance to a range of $6.17 to $6.32.
Repurchased $581 million or 9.8 million shares during the quarter.
Herbalife Ltd. (NYSE: HLF) today reported second quarter net sales of $1.3 billion, reflecting an increase of 7 percent compared to the same time period in 2013 on volume point growth of 5 percent. Adjusted1 net income for the quarter of $141.4 million, or $1.55 per diluted share, compares to 2013 second quarter adjusted net income of $150.7 million, or $1.41 per diluted share. On a reported basis, second quarter 2014 net income of $119.5 million, or $1.31 per diluted share compares to $143.2 million, or $1.34 per diluted share for the same period in 2013.
“Herbalife has once again delivered strong results in sales and profitability while demonstrating our continued ability to enhance our earnings per share,” said Michael Johnson, Herbalife’s chairman and CEO. “Our
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Zrii Expands To New Zealand
by Ted Nuyten • • 0 Comments
Zrii LLC today announced the opening of a new office in Auckland, New Zealand, as the rapidly growing company begins its expansion into the Asia Pacific.
“With over 700% growth since this month last year we have now officially finished the month of May with over $8 million in sales, making this the single greatest month in the company’s history,” says Zrii President A. K. Khalil.
“Our focus is now set on massive global expansion and the biggest product launch in Zrii’s history, which took place on June 19th at our Latin American Leadership Academy in Guatemala.”
Adds CEO & Founder Bill Farley, “We’ve entered a phase of accelerated growth and I couldn’t be happier for everyone involved. We are on our way to building something incredibly special.”
The New Zealand office will serve Independent Executives with a full meeting room, product warehouse, and will-call center where customers and business partners can pick up Zrii’s premium, all-natural nutritional and wellness products.
Moving into New Zealand, Zrii has looked to Vince Rimmer, a 30-year veteran in the industry, and his son, Todd Rimmer, to set up the company and office. Vince and Todd together have launched a number of successful companies in New Zealand, Australia