Tag Archive for Guest Authors

Hot Business News Today

Nature’s Sunshine Names Richard Zhang And Henry Zhou As Managing Directors, China

by  •  • 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 Richard Zhang as Managing Director, China for Nature’s Sunshine Products (“NSP”), and the appointment of Henry Zhou as Managing Directors, China.

“I am confident that Mr. Zhang and Mr. Zhou will be excellent additions to our growing leadership team in China,” said Gregory L. Probert, Nature’s Sunshine Products’ Chairman and CEO. “Both gentlemen are uniquely qualified to help lead our growth in this key market, bringing rich experiences in direct selling and consumer products as well as developing and managing business in China.”
“We are confident that their combined leadership will help ensure the successful launch of our Nature’s Sunshine-branded products in retail locations across China and Synergy-branded products through a direct selling model. I look forward to embarking on this journey to expand our Distributor and consumer bases and product lines into this region through our multi-brand, multi-channel go-to-market strategy.”

“I am thrilled to have Mr. Zhang and Mr. Zhou join our team to execute our China strategy,” added Paul Noack, Nature’s Sunshine Products’ President of China and New Markets. “I look

Read more...

Hot Business News Today

“Pyramid Scheme Or Not, Herbalife Is Tanking”

by  •  • 0 Comments

 
The LA Times released the following article today, making a bold prediction about industry giant, Herbalife:
In  December 2012, Hedge fund investor Bill Ackman painted a huge bull’s-eye on the back of Herbalife, labeling the Los Angeles nutritional supplements company an illegal pyramid scheme and placing a $1-billion short bet against its shares.
Ackman supported his bet with a 334-slide PowerPoint presentation that eviscerated the company in heroic detail. Whether Herbalife’s business model is illegal — ongoing investigations by federal and state authorities have that issue, and others, under scrutiny — much of what Ackman said at the time appears well-taken today.
So far this year, Herbalife’s shares are down about 43% — including a roughly 20% drop Tuesday (as of this writing) after the company shocked investors with a bad quarterly report and a pessimistic view of the future Monday. Its shares are currently trading below $45. Ackman, whose short bet is thought to have been made at about $50 a share, appears to be back in the black, after having faced a hefty loss when the stock reached the low $80s earlier this year.
As Ackman observed, Herbalife’s business model has long been questionable, relying on overhyped products, an almost invisible research-and-development program, and the targeting

Read more...

Hot Business News Today

MONAT Announces New President

by  •  • 0 Comments

 
Mr. Luis Urdaneta and MONAT Global Inc.,  a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.
Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora’s Directors on the establishment and strategic direction for their new subsidiary; MONAT Global.
Mr. MacMillan brings with him, a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry.
His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom

Read more...

Hot Business News Today

MONAT Announces New President

by  •  • 0 Comments

 
Mr. Luis Urdaneta and MONAT Global Inc.,  a wholly owned subsidiary of Alcora Corp. and a U.S. based innovator in the Direct Selling and Hair Care industries, today announced the appointment of Mr. Stuart A. MacMillan as President of the Corporation.
Prior to joining the Company, Mr. MacMillan has held a number of senior management responsibilities across diverse functional areas, most recently as Managing Partner of IMPACT This Day where he was a trusted counsel to Alcora’s Directors on the establishment and strategic direction for their new subsidiary; MONAT Global.
Mr. MacMillan brings with him, a wealth of experience and success. He was President of Arbonne Canada from 2006 to 2010 and also headed up Sales Strategy for Arbonne USA from 2008 to 2010. Prior to Arbonne, Mr. MacMillan was the first International President of Excel Telecommunications, a billion dollar Telecommunications Company in the Direct Selling Industry.
His proven leadership and track record in building successful teams has championed him as a featured keynote speaker at professional events around the world, including South America, the UK and the Caribbean. Prior to his time in the Direct Selling Industry, Mr. MacMillan held other senior executive positions with Bell Canada Inc. and ACC Telecom

Read more...

Hot Business News Today

Industry Leaders, Ray And Robin Sanchez, Join Vemma

by  •  • 0 Comments

 
Nearly 11 years ago, Ray and Robin Sanchez realized how this industry was their answer to providing more for their family of 11. Ray, a top local Michigan musician, and his wife, Robin have experienced great success with two different companies. Their passion is to help others, just like themselves, who desire more for their families.

After seven years in the industry and downturn of the economy, Robin found her business struggling. “When people are just trying to put food on their tables, they will sacrifice the expense of name brand face and foot creams,” Robin says.

In 2011, in an effort to find an answer to turn finances around, Ray joined a health and wellness company with a 90-day challenge platform and realized success early on. Robin soon joined him and the couple went on to build a successful business.
With Vemma having explosive growth and doubling in sales in the last year, they found themselves intrigued with the possibilities to lead even more people to greater success. “We have seen it proven again and again that timing is more important than skill,” says Ray. “There are so many facets of Vemma we fell in love with. We are impressed with this

Read more...

Hot Business News Today

Industry Leaders, Ray And Robin Sanchez, Join Vemma

by  •  • 0 Comments

 
Nearly 11 years ago, Ray and Robin Sanchez realized how this industry was their answer to providing more for their family of 11. Ray, a top local Michigan musician, and his wife, Robin have experienced great success with two different companies. Their passion is to help others, just like themselves, who desire more for their families.

After seven years in the industry and downturn of the economy, Robin found her business struggling. “When people are just trying to put food on their tables, they will sacrifice the expense of name brand face and foot creams,” Robin says.

In 2011, in an effort to find an answer to turn finances around, Ray joined a health and wellness company with a 90-day challenge platform and realized success early on. Robin soon joined him and the couple went on to build a successful business.
With Vemma having explosive growth and doubling in sales in the last year, they found themselves intrigued with the possibilities to lead even more people to greater success. “We have seen it proven again and again that timing is more important than skill,” says Ray. “There are so many facets of Vemma we fell in love with. We are impressed with this

Read more...

Hot Business News Today

Oriflame Q3 Profit Above Forecast

by  •  • 0 Comments

 
Oriflame Cosmetics Russian sales stabilized in the third quarter after the beauty products retailer made changes to a compensation plan for sales representatives in the country. The stock rose the most in more than a decade.
Oriflame’s adjusted operating profit totalled 19.7 million euros (15.44 million pounds), topping a mean forecast of 16.8 million in a Reuters poll of analysts.  Revenue in Russia rose 1 percent at local currency rates in the three months through September, the Luxembourg-based company said, the first growth in more than a year.
Oriflame, which gets about half of sales from the countries of the former Soviet Union, reported estimate-beating third-quarter earnings, resulting in a record share rise.
Changes to the so-called Success Plan for employees “are starting to deliver results,” the company said today without elaborating. The Russian sales growth comes after global cosmetics leader L’Oreal SA reported higher revenue in the country yesterday.
“We can see positive trends in Russia with growth in the third quarter and positive continuation into the fourth quarter,” Oriflame Chief Executive Officer Magnus Braennstroem said. The retailer has had operations in the country since 1992.
Oriflame and L’Oreal join western European consumer-products companies reporting surprisingly good growth in Russia in the third

Read more...

Hot Business News Today

Mannatech Elects Eric W. Schrier to Board Of Directors

by  •  • 0 Comments

 
Mannatech Incorporated, the pioneer of nutritional glycobiology, and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, announced the appointment of Eric W. Schrier to the Board of Directors, effective October 28, 2014.
Stanley J. Fredrick, Chairman of the Board of Mannatech, Incorporated, commented, “Mr. Schrier brings a wealth of valuable experience in digital and print media, customer acquisition, and direct selling.”
Mr. Schrier, age 62, served as President and CEO of The Reader’s Digest Association where he was responsible for $2.4 billion in revenue and 4,500 employees and more than 100 million customers in 70 countries during his tenure from January 2006 to March 2007. Since June 2013, he has served on the Board of Directors as Chairman for Edible Media, a multi-platform media company in the farm-to-table food space.
He currently serves on the Boards of Directors for TEN (The Enthusiast Network) (since January 2011), American Chemical Society (since June 2012), Reader’s Digest Association (since April 2014), and MeQuilibrium (since October 2011). He has previously served on the boards of Willow House (from July 2009 to December 2013), Demdex Corp (from July 2009 to January 2011), and Bonnier

Read more...

Hot Business News Today

Avon Products’ Rating Cut To Junk By S&P

by  •  • 0 Comments

 
Standard & Poor’s Ratings Services on Monday cut beauty products direct seller Avon Products Inc. corporate rating to junk, citing the company’s slower-than-expected progress to improve business and weak results, particularly in the U.S. and Brazil.

“Some of the company’s issues are deeper than we anticipated,” S&P said, cutting Avon’s corporate rating to double-B-plus, one notch below investment grade. While the company has a good geographic diversity, the rating agency said, “it will take time to re-engage its active representatives and rebuild sales growth.”

S&P, however, kept the company’s outlook at stable, signaling an expected improvement.
Founded in 1886 by David H. McConnell, a traveling book salesman, Avon became known for a growing sales force of women—the Avon Ladies—and its trademark “Avon calling!” But the New York-based company has been struggling to grow sales and attract and retain sales representatives.
Avon, which in July reported another quarter of disappointing sales and lower profits but said its U.K. market had reported the first quarter of sales growth since 2010, is the midst of a multiyear restructuring plan that the company is hoping will result in $400 million in savings.
About Avon
Everyday, Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick

Read more...

Hot Business News Today

Talk Fusion: “We’re Just Getting Started”

by  •  • 0 Comments

 
When Direct Selling veteran and philanthropist Bob Reina established Talk Fusion in 2007, his vision to bring people together with the power of video went global. Every moment since then has been history in the making, foreshadowing the exciting future to come.
With Independent Associates in over 140 countries, Talk Fusion continues to make dreams come true and change the way people around the world communicate and market their businesses. Talk Fusion’s in-house team of product developers prides itself on taking a creative approach to breaking communication barriers.
In 2007, Talk Fusion’s premier product Video Email ended the era of boring black and white emails. Now, in 2014, the upcoming release of CONNECT Video Chat will change communication as we know it again: using WebRTC technology, people around the world will soon be able to chat face-to-face on any device, anywhere, at any time.
In their company-wide live broadcast on November 4, Talk Fusion Founder & CEO Bob Reina and VP of Training & Development Allison Roberts confidently announced to Associates that the company is on the cusp of greatness.
“It’s a great time to be us,” said Founder & CEO Bob Reina. “We do a great job at developing new technology and adding

Read more...