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Tag Archive for Cosmetics
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Yanbal CEO Explains 3 Aspects To Globalize A Business
by Ramya Chandrasekaran • • 0 Comments
Janine Belmont, chief executive of Peruvian direct selling and cosmetics giant Yanbal International explained the three most important factors a Peruvian business needs in its journey to become a global business while speaking at a panel at CADE 2015, a business forum for the main representatives of Peruvian businesses. Yanbal has a track record of more than 40 years in Peru and a presence in 10 countries globally.
1. Products and relevant business model
“It is critical to have products of the highest quality. And for this we must work with the best materials and the best local and international suppliers.” She said.
To have world-class products it is essential to have a significant investment in research and development. “A Peruvian company that wants to be competitive must invest in innovation through research and development,” she
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SEC To Investigate Avon
by Tina Williams • • 0 Comments
Three Years Of Investigations
Probes Reporter continued that it has been following both disclosed and undisclosed SEC investigations against Avon since October 2012. In letters dated December 17, 2014, and August 18, 2015, the SEC has “confirmed this company’s involvement in on-going enforcement proceedings.”
‘No New’ Activity
The report further noted that Avon “made no new disclosures of SEC investigative activity” since the conclusion of an investigation in December 2014. In addition, the investigation confirmed on August 18, 2015, “appears unrelated” to the previous disclosure.
$68 million was paid to settle the DOJ’s criminal investigation and $67 million settled the SEC’s civil investigation. As part of the settlement, Avon was also required to retain an independent monitor to review its FCPA compliance program for a period of 18 months, followed by an additional 18 months of
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How One Woman's Cosmetic Company 'Gramed Its Way to Insta-Success
by Grant Davis • • 0 Comments
Hot Business News Today
Three Startups That Want To Steal Avon’s Look
by Tina Williams • • 0 Comments
With the “company for women” struggling, these three startups are hoping to take a big bite of the direct-sales beauty market.
Although a fake takeover bid recently led to a spike in Avon stock, the longtime cosmetics powerhouse built by millions of local “Avon ladies” has been slowly declining. After years as the top global direct sales company, Avon slipped out of that spot in 2014. The company’s revenue declined 20% last year to $8.85 billion, from a peak of $11.1 billion in 2011, and after a lengthy probe into corruption in its China operations, Avon agreed to pay a $135 million settlement.
So, are we looking at the end of the era in which women purchased beauty products from friends and neighbors who sold door-to-door? Not necessarily. There are a number of young, upstart companies that are trying to
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DSMA Honors Younique with “Growth” Award – $35 Million In October
by Ted Nuyten • • 0 Comments
Younique, a cosmetics direct sales company dedicated to uplifting, empowering and validating women everywhere, received the Direct Selling Management Association’s (DSMA) “Growth” award in a ceremony held November 6, 2014. Younique October sales topped $35 million.
Younique’s year-over-year sales growth of 5,145% (from October 2013 to October 2014) was enough to secure the honors.
Younique cofounder Melanie Huscroft received the award and expressed her gratitude to the DSMA and to Younique Presenters around the world who are making this all possible.
“It’s beyond words for me to express how happy I am to see this company’s mission expand its reach. And, to me, that’s exactly what this Growth award means; our collective success is helping spread our mission to uplift, empower and validate women.”
The “Growth” award is one of six awards that the DSMA of Utah evaluates and awards to deserving companies. The Utah DSMA was founded in 2005 to create and maintain collaboration among Utah-based, direct selling companies, and related businesses and organizations.
Another indicator that Younique is on a path to meaningful growth was its reaching and surpassing the significant 100,000 Presenter (independent sales representative) milestone. Visitors to the website can view the live Presenter tracker (scroll to bottom of page) to
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Topmodel Tyra Banks Launches Her Own Direct Selling Cosmetics Company
by Ted Nuyten • • 0 Comments
Tyra Banks, is an American television personality, producer, author, actress, and former top model. She graduated from Harvard Business School’s three-year Owner/President Management Program.
Tyra first became famous as a model, appearing twice on the cover of the Sports Illustrated Swimsuit Issue and working for Victoria’s Secret as one of their original Angels.
Banks is the creator and host of the UPN/The CW reality television show America’s Next Top Model, co-creator of True Beauty, and was the host of her own talk show, The Tyra Banks Show.
Banks is one of four African Americans and seven women to have repeatedly ranked among the world’s most influential people by Time magazine.
Introducing her latest with a flashy video, rife with a jumble of made-up words and humblebrag hyperboles, Tyra heralds her new line as the future of beauty.
Part of Tyra’s cosmetics company is based on a model of direct selling. Representatives, which the model calls “beautytainers,” throw parties or set up online shops where they can sell Tyra-branded products to other people.
Tyra Banks according to her website:
“You can be one of the first Beautytainers by completing 7 easy questions. After that, be on the lookout for emails from me that keep you
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Direct Life Global Launches in 32 Countries
by Ted Nuyten • • 0 Comments
Direct Life Global (DLG) from France has been created based on some solid terms. Launched in 32 countries within its first 6 months shows not only their ambition, but also their belief in the product and attractive pay plan.
Real to market products that offer instant great results, and a balanced compensation plan with as well a philosophy towards customers as to distributors.
The company has a seasoned and experienced corporate team at the helm with over 100 years of combined experience in the network marketing industry. On top of that it has its own R&D lab existing since 23 years and specialized in the creation and manufacturing products for the Network marketing industry.
Because experience equals credibility and long-term viability. The combination between an experienced/proven corporate team and an in-house science advisory board offers many advantages some new starters don’t have.
The fact that the Reseach & Developement facility and manufacturing is integrated into the distribution structure of DLG, gives it a unique position in the world of Network Marketing. We have a secured line in terms of products, from sourcing the ingredients to production and by this we ourselves set the pricing which allows us to pay more to the distributors.
The two