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Medifast Q2 Revenues Down 3% to 72.2 Million

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Medifast, Inc. a leading United States manufacturer and provider of clinically proven weight-loss and healthy living products and programs, today reported financial results for the second quarter ended June 30, 2015.

“We are pleased with our solid results in the second quarter which were in-line with our revenue and earnings expectations,” said Michael C. MacDonald, Medifast Chairman and Chief Executive Officer. “We continued to make progress on our strategic initiatives within each of our key areas of focus, while also maintaining a strong financial discipline across our business. We believe that these efforts will help grow and improve Take Shape for Life, optimize Medifast Direct, and further our product and program innovation to position Medifast for success in 2015 and beyond.”

For the second quarter, Medifast net revenue from continuing operations decreased 3% to

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Women Form 58.3% Of Indian Direct Selling Industry

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While door-to-door selling is a common phenomenon is many localities, the numbers have increased indicating a rise in its potential, especially for women in India. Direct Selling provides accessible business opportunities to people looking for alternative sources of income, and whose entry is generally not restricted by gender, age, education, or previous experience. 
According to the Annual Survey Report of the Indian Direct Selling industry, women contribute almost 58.3 per cent in 2013-14.

“Women form a significant chunk of direct sellers, and from a current 2,551,189 women, their numbers is expected to grow at eight per cent making a whopping 55,07,820 self-employed women by 2025,” informs Chavi Hemanth, secretary general, Indian Direct Selling Association (IDSA).

The IDSA which is an autonomous, self-regulatory body recognises the marketing approach as micro-entrepreneurship that can inspire many small

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USANA Reports Record Revenue Of $233.2 Million + 23.9%

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USANA Health Sciences, Inc. (NYSE: USNA) today announced record financial results for its fiscal second quarter ended July 4, 2015. The Company also increased its financial outlook for 2015.
Financial Performance

Second quarter net sales increased 23.9% to $233.2 million
Second quarter EPS increased 41.2% to $1.92
Number of active Associates increased 40.3% to 397,000

For the second quarter of 2015, net sales increased to $233.2 million, up 23.9% compared with $188.3 million in the prior-year period. The increase in net sales was driven by 40.3% growth in the number of active Associates and 15.2% growth in the number of Preferred Customers. Also included in net sales for the quarter is $5 million in revenue that was deferred during the previous quarter in connection with price increases in China. Fluctuations in currency exchange rates negatively impacted net

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WOR(l)D GN Introduces New Technology

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WOR(l)D GN, announced new innovations to its Istanbul members.
The last stage of the Diamond Life Tour, the event organized by WOR(l)D Global Network in Istanbul, Turkey ended with great success.
Several news announcements were presented to hundreds of networkers in Turkey:
The manager of the company presented two revolutionary products, the result of months of work in the R&D department: Space Station and Space Phone.
The Space Station is the first station in the world able to radiate a powerful signal mcell 5G, a revolutionary technology by which individual users can call, browse or send messages. The Space Station is expected to have unlimited communication abilities with other devices made in WOR(l)D: the Lumina Glasses and the SpacePhone.
By using the new smartphone members will be able to use the network mcell 5G and significantly reduce the costs from telephone companies.

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Industry Veterans Value Loyalty And Independence At Talk Fusion

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With 30 years of experience in the direct selling industry, Blue Diamonds Jim and Leslie Brown of Sarasota, Florida became accustomed to “being their own boss.” That independence gave them the freedom to raise a large family of six children and 11 grandchildren on their own terms. “Our work has always revolved around our lifestyle and that flexibility is important to us,” Jim says. “That was especially true when we considered becoming involved with Talk Fusion almost 5 years ago.” 
After moving to Florida to retire, they were faced with unexpected adversity: their intended retirement investment was wiped out, literally overnight; they suddenly found themselves with nothing. “At this age, when you think you’re going to coast for a while, it was debilitating,” says Leslie. “You think you’re never going to find a way to

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Mannatec Reports 2015 Q2 Net Sales – Up 1% To $46.7 Million

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Mannatech, Incorporated, the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5MSM (Mission 5 MillionSM) social entrepreneurial movement, today announced financial results for its second quarter 2015.
Second quarter net sales for 2015 were $46.7 million, an increase of 0.9% as compared to $46.3 million in the second quarter of 2014. The net sales comparison for the quarter was affected by the loyalty program and foreign exchange. The loyalty program increased second quarter 2015 net sales by $3.2 million, as compared to the same period in 2014.
Our net sales increased 7.6% in constant dollars, which is a non-GAAP financial measure that excludes the impact of fluctuations in foreign currency exchange rates. Cost of sales was $8.3 million, a decrease of 15.1%

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4Life Recognized by Thailand Direct Selling Association (TDSA)

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4Life Thailand distributors and corporate representatives recently attended an annual recognition event held by the Thailand Direct Selling Association (TDSA) to celebrate the achievements of distributors throughout the country.
The event was held at the Impact Arena Mueng Thong Thani Exhibition Centre and included recognition of Presidential Diamonds Supachai Fhaiphan, Thanyawan Thrmpanhong, and Jintana Phattaralunglong. Also in attendance were International Diamonds Mr. Somchai Sangwichaipat, Miss Nongoot Buwan, Mrs. Yuwadee Masitthichock, Mr. Tanadech Muangsin and Mr. Puwanate Buwan. 4Life corporate representatives included 4Life Thailand General Manager Kitpubate Tanakijsoontorn.
The TDSA hosted the event to pay tribute to home-based business builders throughout the industry who make a uniquely positive impact in their respective communities throughout the country.
Kitpubate Tanakijsoontorn: “It was wonderful to gather together for an occasion like this to celebrate the achievements of many within

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USANA Appoints Co-CEOs

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USANA Health Sciences recently announced that the Board of Directors has appointed Dave Wentz and Kevin Guest as Co-Chief Executive Officers of the Company, effective immediately. Mr. Wentz will oversee USANA’s global operations, while Mr. Guest will lead USANA’s worldwide field development and sales efforts. Both Mr. Guest and Mr. Wentz will report directly to the Board of Directors.
Dr. Myron Wentz, USANA’s founder and Chairman of the Board, commented, “Kevin has been with USANA for over 20 years, most recently as President, and has played a key role in leading USANA to new heights in sales and financial performance.
Dave has also been with USANA for over 20 years and has served in executive positions for much of that time, most recently as Chief Executive Officer. As USANA approaches the $1 billion

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ForeverGreen Hosts Brazil Tour And Introduces Exclusive New Products

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ForeverGreen Worldwide, a leading direct marketing company and provider of health-centered products, recently announced the company will host the first official corporate event in Brazil, on August 9th, in order to introduce exclusive products to Brazil, BalanSea and Azul Marine. BalanSea is a mineral supplement and Azul Marine is an anti-oxidant powdered drink.
The event will include product and business information pertinent to Brazil. Leading up to the event, eight mini event meetings are being held throughout Brazil to share the story of ForeverGreen and attract new members.
“We’re thrilled about the new market’s incredible leadership, growing Member base and all the enhanced opportunities awaiting Brazil. The country is among the top five markets in our industry and has very strict regulations. It’s exciting to begin business in this space and we do so

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Tiens Founder To Set Up University In China

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Li Jinyuan, President of the Tiens Group in China, which was recently in the news for taking 6400 distributors on an all expenses paid vacation to France, is planning to establish a University in China.

The future university, located in Tianjin, the largest port in northern China, about 150 kilometers from Beijing, will start operating in 2018. The university is reportedly funded by an investment of approximately  $1530 million by Li Jinyuan.
The projected Tiens University will be spread over 3.2 square kilometers, with 210 hectares construction area and is designed to accommodate 30,000 students.
The Malo Clinic group from Portugal has been invited to help set up the Faculty of Dentistry at the Tiens University, according to the Paulo Malo, the Group President.
In addition to dentistry, the university will have courses in Traditional Chinese

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