Germany based LR Health & Beauty has been developing and manufacturing Aloe Vera products for 15 years.
They are the key growth drivers of the internationally operating multi-level marketing company based in Ahlen (Westphalia, Germany).
As of 1 July, the company has launched the new LR ALOE VIA brand with a range of 40 care products for the whole family. In addition, LR is building a new production site for Aloe Vera Drinking Gels at its headquarters in Ahlen. Both projects are part of the sustainable growth strategy. The investment in the site amounts to EUR 10 million.
“The demand for our Aloe Vera care products steadily increased over the past years. Currently, they make up about 20 percent of our core business.
They are an important part of our partners’ daily business. In order to meet the high demand in the future, we are updating our Aloe Vera portfolio and are expanding our production capacities”,
states Dr. Thomas Stoffmehl, CEO of LR Health & Beauty.
The development and production of Aloe Vera products is one of the core competencies of LR Health & Beauty. Since 2002, the company has sold more than 55 million litres of Aloe Vera Drinking Gels as well as
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Vorwerk 2016 Sales Up 4.1% To Euro 3.1 Billion
by Ted Nuyten • • 0 Comments
Continued growth, significant investments in the expansion of production facilities, and further development of digital offerings: At today’s press conference in Düsseldorf, the Vorwerk Group Managing Partners, Reiner Strecker, Rainer Genes and Frank van Oers, announced the figures for the past fiscal year, 2016, and the Group’s plans for the coming years.
In the 133rd fiscal year in the history of the company, the Vorwerk Group’s total revenues were up 4.1 percent to 3.1 billion euros (not including VAT). Moreover, the Group generated an increase in business volume, which also includes the new business of the akf group, which totaled 1.2 billion euros. With a volume of 3.8 billion, Vorwerk achieved a year-on-year increase of 4.7 percent.
A look at the German market reveals that the Vorwerk Group is also up on last year. Taken together, all of its German activities generated 7.1 growth in sales to 1.1 billion euros.
At the financial press conference in Düsseldorf, the spotlight was very much on the subject of digitization, which Vorwerk is approaching at many different levels.
“Some of our present products already feature a digital interface, and in the future, all of our products will,” the Managing Partners stated. It is not a question of
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German Regulator Freezes IMS – An OneCoin Company For Unauthorized Payment Services
by Ted Nuyten • • 0 Comments
The BAFIN in Germany regulates financial transactions and according to a German press release, Bafin ordered InternationaI Marketing Services – a OneCoin company – to freeze and cease its operations in Germany as the company did not and does not have the required authorization for finincial transactions.
The order may still be subject to judicial review.
BaFin is one of the largest financial supervisory authorities in Europe. With its more than 2,600 employees, BaFin takes an industry-appropriate and risk-oriented approach to supervision on the basis of recognised European supervisory standards.
As an integrated financial supervisor for the banking, securities and insurance sectors, BaFin ensures the stability of the largest financial market in continental Europe.
BAFIN did not judge the Direct Sales compensation plan:
BaFin does not have the right to decide as to
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LR Health & Beauty 2016 Sales Up 15% To Euro 258 Million
by Ted Nuyten • • 0 Comments
LR Health & Beauty, The German based network marketing company recorded sales of nearly EUR 258 million, up 15 percent on a year-on-year basis (net of currency effects).
Key growth drivers in turnover were the international markets such as Turkey, Italy, Poland, Belgium, the Netherlands and Spain with double-digit growth. But in Germany as well, LR grew by almost 20 percent in the acquisition of new sales partners, thus laying the foundation for sustainable success.
“This is an excellent development that confirms the confidence in our business model,” says Dr. Thomas Stoffmehl, CEO of LR Health & Beauty and spokesman of the Management Board.
In focus for 2017: Support of sales partners
The targeted support of the sales partners, the development of careers and, as a result, the sustained expansion of sales structures take centre
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Thermomix Australia – A Vorwerk company – Is Being Sued By A Former Distributor
by Ted Nuyten • • 0 Comments
According to News.com.au an Australian based magazine, Thermomix a Vorwerk company is sued by a former distributor.
News.com.au:
THE $2089 Thermomix calls itself “the most advanced appliance on the market” and has thousands of zealous fans, but the cult kitchen brand is at the centre of a bitter, emotional legal battle with a “traumatised” former contractor.
The high tech food processor is supposed to make life easier, yet in the past two years the company has been accused of causing third degree burns, encouraging a toxic bullying culture and failing to be honest with its customers.
Now former contractor Elisabeth Higgins, 56, from Perth, is suing Thermomix Australia in the District Court of WA. She claims Thermomix took away her business and failed to compensate her, and wants them to pay her lost earnings of
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PM International Sales up 30% to $460 Million in 2016
by Ted Nuyten • • 0 Comments
Germany based netwok marketing company PM International reports $460 million in sales for 2016, up 30% from $350 million in 2015.
“Chapeau! You have done a great job in 2016, “said PM founder and CEO Rolf Sorg at the KICK OFF enthusiastically about the positive development of PM-International AG.
“Great praise to the sales department and its leaders, but also to all who are doing their best day after day – a real team performance”. 460 million US dollar sales within the PM group, Italy and Hong Kong with growth figures above 100 percent, Norway with 83 percent, the new D drink sold out in all countries shortly after the launch, the CC-Cel set with 723 percent more Sale as in 2015 – PM-International is currently not stop.
The attendance figures for the
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Germany’s Top Direct Selling Company LR Health And Beauty In Decline
by Ted Nuyten • • 0 Comments
According to an article in Netcoo News, Germany’s leading Direct Selling Magazine, LR Health and Beauty (LR) is in trouble.
It is, or was, one of Germany’s largest Direct Selling companies with an annual revenue of $250 million.
As Business For Home has pointed out in this article: Direct Selling Field CEO or Ivory Tower CEO – If a CEO has NO Field experience, changes he/she will bring the company and distributors much growth is not big….
To be at the helmet of a Network Marketing company can not be learned in Business School.
Field experience…. been in the trenches… did the tough job….
Who make or break a Network Marketing company?
Distributors and customers, not accountants. Focus on share holder value and forget your distributors? Fast lane to decline.
Netcoo magazine:
“But what is missing what obviously
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Buyezee Announces Its First 5 Star Qualified Leader In Germany
by Ted Nuyten • • 0 Comments
Just 5 months after joining in April, the first German leader has reached the 5 Star Rank Level in the Buyezee Compensation Plan.
Daniela C. Szasz, CEO of Buyezee commented:
“We are so pleased with the expansion we are seeing in Europe, especially Germany.
As we continue to generate interest in new countries, we are holding our first Greek webinar and training sessions this week. We have about 5 other countries in the pipeline.”
We especially love seeing our leaders, just like our first 5 Star, achieve their milestones so early in their Buyezee career. Seeing everyone growing within their teams and setting their own goals for success makes us really proud and happy for them. Congratulations to all those that are heading towards fulfilling their dreams!
ABOUT BUYEZEE™
A global provider of fully serviced eCommerce shops
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Buyezee Adds Further 3 Million Products into Store
by Ted Nuyten • • 0 Comments
Buyezee, a global provider of fully serviced eCommerce shops, have formed new partnerships with multiple online merchants, adding new products totalling more than 3 million to their German store alone – across multiple verticals.
As the total number of listed products from their “in house” database surpasses the 40 million mark, search results still combine all of the products available in Amazon.de and Ebay.de inventories, meaning that Buyezee is confident that consumers will be dazzled by the range of products and prices available through their shopping comparison portal.
Antony Spear – Buyezee CTO stated,
“As our Shop Owner stores grow in popularity (over 1,000% in the last 3 months), we continually receive enquiries from online retailers, requesting that we represent their inventory in our product database”.
This comes only 10 days after their flights search engine
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Zinzino Starts Operations In Germany
by Ted Nuyten • • 0 Comments
Sweden based Zinzino, one of the world’s leading direct sales companies in functional food and coffee, continues to grow throughout Europe and is now establishing operations in Germany – Europe’s largest direct sales market.
Zinzino has experienced rapid geographical growth concentrating on Europe and North America. At the end of 2015, Zinzino began operations in Canada following a successful period on the US market.
The company has directed its focus towards preparing the business for its continued advancement, allying geographical expansion with product development.
The acquisitions of Faun Pharma AS and BioActive Foods AS means that Zinzino now controls the entire chain from research and development to production and analysis. This results in lower costs and greater control, which creates positive synergies throughout the entire chain up to the end consumer.
“Germany will be