DSEF’s most recent Campus Event at Florida State University (FSU) showcased one company’s extraordinary commitment to sustainability and corporate social responsibility. Randi Farina, Vice President of Business Development of Living Fresh Collection, shared her company’s story with more than 500 FSU students on October 22.
“College students are aware of the competition in today’s job market,” Randi says. “I was honored to be able to use my passion for the direct selling industry to share with them an opportunity they might not have otherwise considered. Being able to interact directly with them was a wonderful experience.”
Living Fresh Founders Diana Dobin Kauppinen and Michael Dobin created a healthy line of luxury linens made from Tencel+Plus™ Lyocell (fibers from eucalyptus). “It was amazing to see so many students at FSU share in our mission of
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Ruby Ribbon Acquires Newly Appointed Board Members & Funding
by Nicole Dunkley • • 0 Comments
Ruby Ribbon, Inc. today announced that the company has closed $7.5 Million in Series C Funding. The Round was co-led by DBL Partners, of San Francisco, CA, and Direct Selling Capital of Dallas, Texas, and included participation from current investors Trinity Ventures and Mohr Davidow Ventures.
With the closing of the round, the company will add two board members, Norm Matthews, former President of Federated Department Stores, and Cynthia Ringo of DBL Partners. Joey Carter, the founder of Direct Selling Capital, will become an Advisor.
The new investors, advisors and board members collectively bring to Ruby Ribbon deep expertise in areas core to the company’s success as well as an investment circle in tune with the company’s mission to create thousands of flexible jobs for women while demonstrating sustainable and highly scalable modes of retail.
Ruby Ribbon is an apparel company creating a
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Dr. Monica Marcu Joins Zija Product Advisory Council
by Nicole Dunkley • • 0 Comments
Zija International recently announced the addition of Dr. Monica G. Marcu to their Zija Product Advisory Council—the latest specialist to join.
Dr. Marcu holds a Ph.D. in pharmacology, Pharm.D. (Doctor of Pharmacy), a Nursing degree, and a Bachelor of Fine Arts degree. She is a highly respected researcher and clinical pharmacologist, and has cultivated a love of trees from an early age. This fascination led her to study plants, particularly medicinal and healing plants, and her study and research of Moringa oleifera is incorporated in her book Miracle Tree, a long-time favorite of Moringa enthusiasts and Zija Independent Distributors.
Dr. Marcu’s background as an expert on the nutrient-rich Moringa is impressive. She has worked in clinical pharmacies and in biomedical research laboratories at the University of Ottawa, the National Institute of Health, and the
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Amway Malaysia 2015 Q3 Down 5.9% To $5.8 Million
by Nicole Dunkley • • 0 Comments
Amway (Malaysia) Holdings Bhd’s net profit for the third quarter ended Sept 30, 2015 fell 52.9% to RM11.78 million ($27.5 Million) from RM25.02 million ($5.8 Million) a year ago due to adjustments made to reflect higher incentive provisions as a result of higher sales.
Its revenue was 10.3% higher at RM241.68 million in the third quarter compared with RM219.12 million in the previous year due primarily to continuous strong momentum coupled with the successful launch of BodyKey, the Nutrilite personalised weight management programme in September 2015.
For the nine months period, net profit dropped 23.2% to RM58.85 million from RM76.62 million a year ago due mainly to higher import costs (primarily caused by a weaker ringgit and transfer price impacts), as well as product mix impacts and higher sales incentive provisions driven by higher
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4Life Announces New Platinum International Diamonds
by Nicole Dunkley • • 0 Comments
4Life executives announced the advancement of Grace Chun and Lee Sun Woo of South Korea to the rank of Platinum International Diamond, the company’s highest rank. This represents South Korea’s second Platinum International Diamond advancement and the company’s fifteenth overall.
Mrs. Chun and Mr. Lee were convinced of the possibilities for success with network marketing more than a decade ago. At the time, however, they were unable to find a suitable opportunity to pursue in South Korea.
“One day, I met International Diamond Tina Kang and Platinum International Diamond Dr. Jase Khyeam,” remembers Mrs. Chun. “They introduced me to 4Life. As I gathered details about the company and 4Life Transfer Factor®sup> products, I knew that this is where we belonged.”
Mrs. Chun believes that true success encompasses more than financial wealth. As an 4Life
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Youngevity Records $41.3 Million 2015 Q3
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc. , a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the third quarter and nine months ended September 30, 2015.
Third Quarter 2015 Highlights:
Revenues increased 9.9% over the prior year period to $41.3 million;
Gross Profit increased 19.3% to $25 million compared to the prior year period;
A non-cash benefit of $1.1 million was recorded due to change in fair value of warrant derivative liability;
Adjusted EBITDA remained approximately the same compared to the prior year period
“We are excited to report another quarter of record revenue as we continue to see strong demand for our products and ongoing consumer growth in the United States and beyond,” stated Steve Wallach, Chief Executive Officer
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InfoTrax Wins Technology Innovation Award From DSMA
by Nicole Dunkley • • 0 Comments
InfoTrax, the leading provider of enterprise-level direct selling software solutions, recently won the Technology Innovation Award from the Direct Selling Management Association (DSMA).
According to the DSMA, the Technology Innovation Award is meant to recognize industry excellence in a “new technology or service.” This award puts InfoTrax and its scalable, cloud-based solutions at the forefront of innovation in the direct selling industry.
InfoTrax CEO and founder Mark Rawlins had this to say about the recent distinction: “We are honored to receive this award. Our market-leading, Java-based technology makes it easier for MLM companies and their distributors to seamlessly access the information they need to grow their business. What makes our products truly top of the line is that they’re able to fully integrate with other systems—giving businesses the competitive edge they need in the
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ForeverGreen Reports Q3 2015 Results -Sales Up 4.6% To $16.6 Million
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today financial results for the third quarter ended September 30, 2015.
Third Quarter Financial Highlights
Sales increased to $16,606,907 from $15,880,244 for Q3 2014, a 4.6% increase
Gross profit rose to $12,723,987 compared to $12,499,786 during Q3 2014
Operating loss was $278,462 compared to operating income of $317,263
Net loss totaled $371,401 or $(0.01) EPS versus a net income of $203,343 or $0.01 EPS
Excluding non-recurring costs, net loss totaled $371,401 versus net income of $203,343 during Q3 2014
Interest expense decreased to $76,633 or 0.5% of sales compared to $113,101 or 0.7% of sales during Q3 2014
Deferred revenue of $1,785,338 compared to $171,885 for December 31, 2014
Third Quarter Highlights
Banned Substances Control Group (BSCG) certified PowerStrips as free of banned substances
Company pre-launched leading-edge weight loss
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Greg & Melanie Greenough Reach Double Black Diamond With Zija International
by Nicole Dunkley • • 0 Comments
Zija International recently gained new Double Black Diamond-Ranked Independent Distributors who have found noteworthy success in the company’s compensation plan. The couple has shown endurance, leadership, and initiative to reach the high Rank and have been highlighted on the company’s website, www.drinklifein.com. Read their story in their own words below:
“We are overwhelmed with gratitude for our chance to partner with Zija and take this company to #1 in the industry. It has genuinely changed our lives both from a health standpoint and financially over the past three years.
Without a doubt the products here work and they do all the ‘heavy lifting’ for you. Melanie and I have both been able to attain our optimal weight and increase our performance in and out of the gym. These products have really given us the
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USANA Officially Open For Business In Indonesia
by Nicole Dunkley • • 0 Comments
Indonesia, the world’s fourth-most populous country, welcomes USANA Health Sciences — a global nutrition company — with its world-class health and wellness products to the people of this thriving nation. This tropical oasis marks USANA’s 20th market worldwide with a central office located in the beautiful capital city of Jakarta.
“USANA is growing fast, and has unprecedented leadership interest in one of the world’s most rapidly growing Direct Selling markets,” said USANA Vice President of Ethics and Market Expansion Dan Whitney. “There is a wealth of opportunity in Indonesia. USANA has made a full commitment to long term success in this country and we’re thrilled to announce that we’re open for business.”
USANA’s Indonesian headquarters will launch with its flagship product, the Essentials, leading the charge along with several of its key optimizers. The