Amway Corp. announced sales of $10.8 billion for 2014, a 10 percent decline that company officials blamed on lower revenues in China and fluctuation in foreign currency exchange rates.
“While 2014 revenues are lower than 2013, the company continues to exhibit strong long-term growth,” the company said in an announcement released Wednesday, Feb. 4.
“Amway has grown by 68 percent in the last decade and achieved sales growth in 13 of the last 15 years,” the company said. “In China, results have been strong as well – with growth rates over the past five and 10 years of 27 percent and 45 percent, respectively.”
Privately held Amway does not release its sales figures by country, but China is generally regarded as its largest market.
Considered the world’s largest direct sales company, Amway sells nutrition, cosmetics, home care, and durable products through a global multi-level marketing system that includes more than 3 million independent distributors.
Amway employs more than 20,000 worldwide and 4,000 near its Ada headquarters and at its hotel properties in downtown Grand Rapids.
“Sales in 2014 reflect the significant efforts of Amway business owners and employees who continue to do well around the world, despite challenging operating environments found in several nations that are major markets
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Medical Marijuana, Inc.’s Kannaway Appoints Wes Bishop To Field Advisory Council
by Tina Williams • • 0 Comments
Medical Marijuana, Inc.’s (OTC Pink:MJNA) Kannaway’s executive team is proud to announce the addition of Network Marketing leadership expert, Wes Bishop.
Bishop’s past military service with the United States Navy first introduced him to the importance of strong team dynamics and inspiring leadership.
After his military career, Bishop became a sales leader in a diverse range of industries including real estate, network marketing, and even the cellular industry. Bishop now has over 25 years of experience leading and developing dynamic teams.
“I joined Kannaway because this is the first time a product in the network marketing industry is changing the way people look at their own health and wellness. The Company is giving individuals the unique opportunity to not only empower themselves through entrepreneurship, but to also be a part of an historic movement rooted in education and improvement. They’re the ones bringing hemp back to America,” states Wes Bishop.
“We are excited to welcome Wes Bishop to the Kannaway family,” said Jeff Rogers, CEO of Kannaway. “He is an incredible leader who has built teams of thousands in Network Marketing. We couldn’t have selected a better man than Wes Bishop to lead our Dallas Regional Office. What he’s done there in
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Natura Cosmetics Gets A Sustainability Makeover
by Tina Williams • • 0 Comments
Natura Cosmeticos has long been considered a leader in sustainability, known for materials and marketing innovations that aim to reflect its tagline of “well being/being well.” The Brazilian cosmetics maker has been recognized by organizations such as Corporate Knights, the U.N. Environmental Program, SustainAbility and the Boston Consulting Group.
For instance, as a founding member of the Union for Bioethical Trade, Natura has promised to source ingredients sustainably without harming biodiversity, including getting one-third of its raw materials from the Amazon.
The company is currently working on Programa Amazonia, a plan to inaugurate its Ecoparque — a 1.7-million-square-meter closed-cycle industrial complex in the Amazon region — in March. The company hopes to eliminate waste and guarantee a clean destination for biproducts from Amazonian fruits, oils and berries that are used to produce its cosmetics. The plan also will involve the application of innovations from process and product research.
“For example, we press the seeds from a certain palm tree or passion fruit and the rest is discarded,” said Renata Puchala, manager of Natura’s Amazonia Program. “At the other end, after we process the seeds, there is natural waste that needs a proper destination to close the full cycle.”
According to Puchala, Natura is in talks with other companies to form partnerships in
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New Incentives Inspire Talk Fusion Russian Team For 2015
by Nicole Dunkley • • 0 Comments
Blue Diamond Artur Kachanov is a powerhouse of activity and motivation. He was already refocused on his Talk Fusion business for the start of 2015. But when Talk Fusion released their rebranded, redesigned Talk Fusion CONNECT video communication products and added even more incentives to their Instant Pay Compensation Plan, Artur’s excitement went off the chart—and he’s passing that energy along to his team of Associates.
“Talk Fusion has surpassed my expectations!” Artur says. “We already had a twice-a-year Dream Getaway incentive on the island of Maui, Hawaii and we could receive $600 a month to pay for the lease or purchase of our own C-class Mercedes-Benz. But now Talk Fusion will also buy us a new Mercedes-Benz when we reach a certain qualification. We can qualify for a Rolex watch, and receive diamond rings when we reach a certain milestone in lifetime earnings!”
As impressed as Artur was with new incentives and rewards, the appeal of Talk Fusion’s redesigned video products, including the release of the brand-new CONNECT Video Chat, made it obvious that the timing is perfect for the Talk Fusion opportunity.
“As the leader of a Russian-speaking team, I can tell people with 100% certainty that our products are essential!
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4Life South Korea Recaps Business Building Training
by Nicole Dunkley • • 0 Comments
4Life Korea recently held a business-building training in the Dodamsambong Hall at the Daemyung Resort in Danyang-gun, Chungcheongbuk-do. Approximately 500 4Life Diamonds and above gathered to learn successful strategies for business growth in the network marketing industry.
The event opened with a welcome speech from 4Life Korea General Manager Tony Lee. This was followed by a lecture and training session from Dr. Lee Young Kwon, a well-respected economics expert.
Top distributor leaders in attendance included Platinum International Diamond Dr. Jase Khyeam, and Gold International Diamonds Son Jae Min, Grace Chun and Lee Sun Woo, Kang Ok Nye, Hong Suk Eui and Kim Mee Joung, Choi Ki A, Park Mi Ae, Kwong Han Sung, and Ok M. Kim.
“4Life’s success is reliant upon the success of its distributors. None of us succeed alone. 4Life Korea provides these courses as a commitment to leadership training and distributor support,” shared Lee.
About 4Life
In 1998, 4Life Founders David and Bianca Lisonbee launched the company’s flagship immune system support product, 4Life Transfer Factor. As the first network marketing company to do so, 4Life’s leading group of doctors, scientists, and researchers continue to advance immune system science with innovations in product formulation, production standards, delivery methods, and more. Today, people
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Zija International To Host Educational Training
by Nicole Dunkley • • 0 Comments
Zija International will be holding an exclusive educational experience for those interested in learning how to successfully maximize the benefits of their various product divisions and the importance of utilizing the science behind the essential oils and nutrition products.
The event will showcase new findings about the cell activity and permeability of their Améo Essential Oils, presented by Zija’s Vice President of Research and Development, Dr. Joshua Plant. In addition to his new identifications of essential oils, he will describe new findings on the benefits of Moringa oleifera, a highly nutritious plant that is the basis of many of Zija’s products.
The training will be held on Thursday, February 5th at 7:00 p.m. at the Lehi, Utah, Thanksgiving Point Amber Room. The featured speakers are Zija’s Vice President of Research and Development, Dr. Joshua Plant, Zija’s Director of North American Sales, Jarom Dastrup, and some of Zija’s high-ranking Distributors, Mike McClean, John McGarry, McKenna Gordon and Jon and Daniela Raynes. For more information and details regarding the event, click HERE.
About Zija International
Zija International, a privately held and privately funded business founded by Kenneth E. Brailsford and run by Rodney Larsen, develops natural health, wellness, nutrition and fitness products. The company operates
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Market America | SHOP.COM Set To Kick Off 2015 World Conference
by Nicole Dunkley • • 0 Comments
“Converting Spending Into Earning” is the main message Market America | SHOP.COM will deliver to more than 20,000 eager entrepreneurs at its 2015 World Conference here this week. Miami Beach Mayor Philip Levine will welcome attendees and acknowledge the positive impact that Market America | SHOP.COM entrepreneurs have on the local community.
“We couldn’t be more excited about our world conference this year in Miami,” said Market America | SHOP.COM President and CEO JR Ridinger. “People everywhere are succeeding more and more rapidly through the Market America UnFranchise business. And the pace continues to quicken as entrepreneurs enthusiastically adopt our “Shopping Annuity” concept which includes analyzing consumer spending habits with our online tools, using SHOP.COM’s comparison shopping engine to find the best prices and earning up to 50% cashback on qualified purchases,” he said. “This event will be our most historic event ever as we disclose new technologies, new products, new methodologies and new opportunities that will allow the world to Convert Spending Into Earning.”
The event will feature the Market America | SHOP.COM Executive Team, successful entrepreneurs and celebrity guests. Previous events have been attended by Jennifer Lopez, Alicia Keys, Jamie Foxx, Serena Williams, Alejandro Sanz, Khloe Kardashian, Gloria and Emilio
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ItWorks! CEO Donates $3 Million To Michigan State University
by Tina Williams • • 0 Comments
Michigan State received a $3 million gift that will help support the men’s basketball program, according to a release from the university Thursday.
Mark and Cindy Pentecost’s donation will be used to update the men’s basketball offices, practice facilities and “establish an endowment for continued facility improvements,” according to the release.
The gift is one of the largest ever to Michigan State athletics, and is the third gift of $3 million or more received by the athletic department since the October 2014 public launch of the Empower Extraordinary, which according to the release is “enabling MSU athletics to build championship-level facilities, increase endowment support and elevate annual giving.”
“For many Spartans around the world, the men’s basketball program has been a source of pride and an engine of opportunity not only for the student-athletes in the program, but for the overall student experience on campus,” MSU President Lou Anna K. Simon said in the release. “We are so grateful to Mark and Cindy Pentecost for their vision and commitment to help us give ‘Team MSU’ the opportunity for continued excellence.”
Mark Pentecost is the president and CEO of It Works!, a direct-selling company that offers beauty and wellness products. He is a former teacher
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Mary Kay Named Official Beauty Sponsor For 2015 ‘ACM Awards’
by Tina Williams • • 0 Comments
The Academy of County Music (ACM) has announced its partnership with Mary Kay as the official beauty sponsor for the 2015 “ACM Awards.”
“We are excited to partner with a Dallas icon and legendary beauty brand, Mary Kay, as we prepare for the largest celebration in Country music history,” said ACM SVP/Brand Integration and Strategic Partnerships, Teresa George.
“Music fans turned out in droves when tickets went on sale for the events and quickly became the fastest selling in the Academy’s history with 65,000 tickets sold in just 18 minutes. We’re looking forward to a warm welcome from Mary Kay and thousands of Country music fans in north Texas.”
The “50th Annual ACM Awards” will air live from AT&T stadium in Arlington, Texas at 8p (ET/delayed PT) on SUNDAY, APRIL 19th on CBS-TV.
About Mary Kay
Mary Kay, Inc. is an American privately owned multi-level marketing/direct sales company that sells cosmetics products. According to Direct Selling News, Mary Kay was the sixth largest direct selling company in the world in 2011, with net sales of USD 2.9 billion.
Mary Kay is based in Addison, Texas, outside Dallas. The company was founded by Mary Kay Ash in 1963. Richard Rogers, Mary Kay’s son, is the chairman, and David Holl is president and was named CEO in 2006.
Originally reported
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LifeVantage CEO Douglas C. Robinson Resigns
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (LFVN) announced today the appointment of Dave S. Manovich, an independent director of the Company, as Executive Vice Chairman, effective immediately.
The Board and Douglas C. Robinson mutually agreed that Mr. Robinson will step down from his role as President, Chief Executive Officer and Board Member, effective immediately. The Board has formed a search committee to identify a qualified candidate to serve as the Company’s next CEO.
Furthermore, the Board has created an interim Office of the President consisting of LifeVantage’s Senior Operational Officers to provide seamless leadership continuity and continued execution across the Company’s strategic initiatives and oversee day to day operations. Dave Manovich will oversee the Office of the President and manage the strategic and tactical direction of the Company’s operations until a new CEO has been appointed.
The Interim Office of the President will be made up of Shawn Talbott (Chief Science Officer), David Phelps (Chief Sales Officer), David Colbert (Chief Financial Officer) and Bob Urban (Chief Operating Officer). Additionally the other members of the senior executive team, Rob Cutler (General Counsel and Corporate Secretary) and Michelle Oborn (Vice President of Human Resources), will also report directly to Dave Manovich.
“On behalf of the entire company, I would