Organo Gold, the global gourmet coffee company that caters to consumers’ active lifestyles, announced that Dave Almarinez has joined Organo Gold as the Regional Vice President for Organo Gold Asia.
Dave will oversee all facets of OG’s Asian business, which currently includes Malaysia, Philippines, Singapore, Japan, Thailand, and Hong Kong.
“Dave is an important addition to the Organo Gold team,” said Bernardo Chua, Founder and Chief Executive Officer of Organo Gold. “His network marketing experience in Asia and political acumen will be critical as we continue to build our regional presence.”
Mr. Almarinez has over 18 years of experience in the direct selling industry, and has held a number of leadership positions in the industry including Nature’s Sunshine, Agel Enterprises, and Jeunesse Global. Most recently, Dave served as Managing Director for the Pacific Region
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Nature’s Sunshine 2014 Sales $366.4 million
by Nicole Dunkley • • 0 Comments
Nature’s Sunshine Products, Inc. (Nasdaq:NATR), a leading natural health and wellness company engaged in the manufacture and direct selling of nutritional and personal care products, reported its financial results for the fourth quarter and full year ended December 31, 2014, and declared a quarterly cash dividend of $0.10 per share.
“Throughout 2014, we made progress against our strategy to address mega-trend health problems through science-based innovation and to drive distributor adoption, leadership and engagement,” commented Gregory L. Probert, Chairman and Chief Executive Officer.
“However, fourth quarter revenues and operating income were adversely affected by significant sales declines in NSP Russia, Central and Eastern Europe, due to heightened political unrest, armed conflict and local currency devaluations. Operating income from our international businesses was also reduced by the strong dollar.”
“Positive contributions in the fourth quarter
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Law Firm Investigating Potential Claims On Behalf of Medifast, Inc. Stockholders
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, -0.36% 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, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation.
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CVSL Signs Agreement To Acquire Kleeneze
by Tina Williams • • 0 Comments
CVSL Inc. announced today that it has signed an agreement to acquire Kleeneze, a United Kingdom-based direct-to-consumer company. The consummation of the acquisition is subject to certain conditions, including approval by the New York Stock Exchange MKT.
Kleeneze is one of the U.K.’s longest-operating, largest and best-known direct-to-consumer businesses. Founded in 1923, the company has grown into a community of more than 7,000 independent distributorships, offering a wide variety of several thousand cleaning, health, beauty, home, outdoor and other products to customers across the U.K. and Ireland. Kleeneze is a founding member of the U.K. Direct Selling Association.
Under the terms of the agreement, CVSL will purchase 100% of the shares of Kleeneze from Findel PLC. Both the CVSL and Findel boards have approved the terms. It is anticipated that closing will take place by the end of the First Quarter.
“Kleeneze has an extensive product line, a nearly century-long heritage, a well-known brand and a robust presence throughout the U.K. We believe Kleeneze will be an outstanding addition to our CVSL family of companies,” said John Rochon Jr., CVSL’s vice chairman and head of its investment committee. “Kleeneze gives CVSL a very significant presence in the U.K. and represents an important step forward in CVSL’s international
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Holistic Health Expert, Erika Elmuts, Joins ARIIX
by Tina Williams • • 0 Comments
ARIIX, an international opportunity company that promotes healthy, toxic-free living, is excited to announce the appointment of Erika Elmuts, C.N., C.B.T., M.B.A., to the ARIIX Wellness Council.
Elmuts is a naturopath, clinical nutritionist, certified biofeedback technician and parenting educator, and has helped thousands of people get on the path to more vibrant health through her workshops, web site, videos, speaking engagements, and private practice. She is the founder of ConsciousParents.org, creator of the parenting program “Cultivating Conscious Children,” and author of “The Family Guide to Detoxing your Body and Home.”
The ARIIX Wellness Council is made up of an exclusive group of extraordinary experts and professionals that help shape the decisions and direction of the global ARIIX wellness product line. As a member of the Council, Elmuts will join with her peers in raising awareness of ARIIX products and creating opportunities for improved health and wellness within her community and around the world.
“Having dedicated more than a decade to educating and empowering people to live vibrant and healthy lives, I am thrilled to have the opportunity to share my knowledge and experience with a company that combines integrity and passion with leading edge science and is dedicated to exceeding all current standards in
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Nature’s Sunshine Appoints New Board Member
by Nicole Dunkley • • 0 Comments
Nature’s Sunshine Products Inc., a leading natural health and wellness company engaged in the manufacture and direct sale of premium-quality nutritional and personal care products, announced the appointment of Rebecca Lee Steinfort as a member of its Board of Directors.
Ms. Steinfort is a senior executive with extensive experience in strategy and marketing in consumer-product and health care oriented businesses.
“We are excited to welcome Rebecca Lee Steinfort to our Board of Directors,” said Gregory L. Probert, Nature’s Sunshine’s Chairman and Chief Executive Officer.
“Rebecca brings significant strategic and broad marketing experiences to Nature’s Sunshine that I am confident will be highly beneficial in our continuing efforts to transform the business into a multi-brand and multi-channel organization. We look forward to her guidance and strategic thinking as a member of the Board.”
Ms. Steinfort is currently the Chief Operating Officer of Paladina Health, a subsidiary of Davita Healthcare Partners, Inc. Prior to Paladina Health, Ms. Steinfort held other executive positions beginning in 2009 at Davita Healthcare Partners, Inc., such as Chief Marketing Officer and Chief Strategy Officer.
Ms. Steinfort held various leadership positions at Quiznos from 2007 to 2009, most recently serving as Executive Vice President and Chief Marketing Officer.
From 2001
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Zija International Up-And-Coming Distributor: Tommy Chapa
by Nicole Dunkley • • 0 Comments
Zija International recently sat down for an interview with one of their up-and-coming Distributors, Tommy Chapa.
The already impressively ranked Double Diamond Distributor has achieved his success in just under a year, as he decided to seize the Zija opportunity in February 2013.
“What got me interested in the Zija was first the business opportunity. People find wealth when they get in front of a trend, and the health and wellness trend is a huge one! Zija is health and wellness. It’s the reason we are one of the fastest-growing companies out there,” said Chapa.
“The second thing that got me really excited was Moringa oleifera. I was and am excited to share these amazing products. I lost 16 pounds in the first month using them—and then 20 more in the following six weeks! It is impossible to not produce success with a product that just simply works.”
Prior to jumping aboard the Zija train, the Texan was a steady businessman who strived for success and further opportunity. When asked what set him apart from the thousands of other Distributors in the company, he replied,
“Nothing makes me different. I have been able to find success because of consistency”.
I ask my
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Rodan + Fields Officially Launches In Canada
by Nicole Dunkley • • 0 Comments
Rodan + Fields, the fastest growing company in premium skin care among leading companies last year in the U.S.*, began business operations in Canaday. Entry into the Canadian market is the first step in the company’s market expansion outside the United States since the San Francisco-based company launched in 2008.
Rodan + Fields’ focused business strategy has generated high double-digit compound annual growth, driving revenue for 2014 to more than $300 million USD, and with the addition of Canada to the business, the company sees significant opportunity for sustained profitable growth.
“Our brand vision is a global one and our Canadian launch is a key strategic milestone on our globalization roadmap,” said Lori Bush, President and CEO, Rodan + Fields.
“Our Canadian initiative not only addresses the demand for our products from our neighbors to the north, it validates the foundational infrastructure that will enable us to effectively extend our business model beyond North American borders.”
In 2007, Rodan + Fields became the first prestige skincare line to exit the department store for the world of direct selling, with the brand reintroduced in 2008 as a newly-formed company. The company’s thousands of Independent Consultants quickly generated revenue that far exceeded
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USANA Singapore Receives CaseTrust Accreditation
by Nicole Dunkley • • 0 Comments
The USANA Health Sciences Singapore office recently had their business practices accredited by CaseTrust, the accreditation arm of the Consumers Association of Singapore (CASE).
The initiative, which is led by the Direct Selling Association of Singapore (DSAS), was kicked off in January 2014 with the intention to bring the standards of the direct selling industry in Singapore to a higher standard.
“We are proud to be one of the first direct selling companies in Singapore to receive this accreditation,” said Executive Vice President of Asia Ng Keng Hean.
“It reflects the ethical business practices which USANA and its Distributors have been promoting all these years.”
The initiative recognizes member companies that commit to give consumers a minimum cooling-off period of seven working days, during which they can seek full refund of any payment without being penalized, produce an order form at the time of sale that clearly states the direct seller’s contact details, and put in place a well-defined system to address conflicts. USANA is one of 14 companies to receive this recognition.
“CaseTrust not only reviews the company’s practices, but also those of Independent Distributors,” said Carolyn Lee, regional general manager of Singapore and Malaysia. “We will continue to work closely with
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Excitement Builds For mynt After Europe Tour
by Tina Williams • • 0 Comments
Shortly after celebrating the official launch of mynt at the No Limit Conference, Chief Marketing Officer Paul Muehlmann, Crowne Black Diamond Executive Steve Merritt, Presidential Black Diamond Executive Calvin Becerra, and Blue Diamond Executive Gem Morris took the buzz overseas.
During a tour that spread across 7 European countries in 10 days (January 16–26), the dynamic leaders wowed the crowds. Here are the main call-to-actions they left behind:
Build now for the 2015 European Momentum Convention and don’t come alone.
After the convention, build for the launch of mynt in Europe.
Europe falls in love with mynt
The meetings in England, Portugal, France, Germany, Italy, Czech Republic, and Poland exceeded all expectations. Thousands of people across Europe showed up to hear for the first time about mynt, and how MonaVie plans to bring this new way of doing business—a business designed for everyone at every level—to Europe in the summer of 2015.
Everywhere mynt was presented in Europe, people fell in love with it. The crowds were thrilled with mynt’s vision of creating a world where people are empowered to share what they love and live life on purpose.
“The mynt vision to ‘Live Life On Purpose’ really fits the fun, caring, and outgoing European culture,” Steve said.