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Hot Business News Today

ASEA To Open Mexico Office

by Ramya Chandrasekaran • August 4, 2015 • 0 Comments

ASEA, an emerging global leader in cellular health, will be opening an office in Guadalajara, Mexico.
Since ASEA’s launch in Mexico a year ago, it has become its fastest-growing international market and its second-largest market, second only to the U.S. It currently boasts approximately 13,000 associates who are generating nearly $1 million in monthly sales.

“We are very excited about our expansion in this growing, dynamic market,” said Charles F. Funke, ASEA Chief Executive Officer. “The opening of this Mexico office is another indication of ASEA’s growing success and our strategic commitment to expanding our global presence.”

Along with this new office opening, ASEA has appointed Duvan Botero as the general manager of Mexico. Previously, Botero served as the regional sales director of Mexico and U.S. Hispanic markets, where he has been a key factor in the

Hot Business News Today

Tyra Beauty Launches New Product

by Ramya Chandrasekaran • August 4, 2015 • 0 Comments

TYRA Beauty, the cosmetics direct selling company run by supermodel Tyra Banks, has introduced its newest product, Ménage À Brow.
Ménage À Brow is the first-ever brow pen that is both dual-sided and has a three pronged applicator, designed to help the user achieve shaped, natural looking arches or bold, fierce brows. It’s dual-sided features capture the true aesthetic of perfect brows; one end is “triple tipped” and fully equipped to fill in hair-like strokes, and on the other end is a “chisel tipped” pen, angled for prime brow chiseling, defining and shaping.

“TYRA Beauty is an entire fierce cosmetics experience — after you contour and highlight your cheek bones and pink-up that pout, you gotta frame the masterpiece with clean, full and shaped brows,” said Tyra Banks, CEO of TYRA Beauty. “With Ménage À Brow we are using

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Solavei Completes ASPIDER Deal

by Ted Nuyten • August 4, 2015 • 0 Comments

Solavei, the industry-leading social commerce network that provides mobile service to its members, announced today that it has completed its merger with ASPIDER, a Netherlands-based company that provides core mobile infrastructure and services to more than 70 mobile service providers and over 100 million subscribers across the globe.
Solavei will remain a stand-alone entity based in Seattle. Solavei founder Ryan Wuerch will remain CEO of the company and Patrick Meijer of ASPIDER will become President.
“This is a great day for Solavei,” Wuerch said. “The partnership with ASPIDER gives us the opportunity to further enhance our services and add new products to the social commerce network, broadening our ability to rapidly expand the Solavei brand globally. We now can leverage ASPIDER resources to better align our cost structure with our revenue expectations, positioning us

Hot Business News Today

CAbi To Enter Canada

by Ramya Chandrasekaran • August 4, 2015 • 0 Comments

CAbi, one of the largest direct sale women’s apparel businesses in the U.S., is entering the Canadian market this week.
The Canadian market will include all provinces, except for Quebec, and represents the first foray outside of the U.S. for the 14-year-old company. CAbi — Carol Anderson by invitation — was cofounded by Kimberly Inskeep, who is president and chief culture officer, designer Carol Anderson and 10 other individuals.
CAbi was acquired three years ago by two private equity firms, J. H. Whitney & Co. and Irving Place Capital.
Rick Perkal, a senior adviser at Irving Place, said the model was an attractive one because it was about “women helping other women feel better about themselves.” He said if the Canadian expansion goes well, the company would consider bringing the brand to other English-speaking countries.

Michael C. Salvator, senior managing

Hot Business News Today

Vorwerk Italy Reaches Record 504 Million Euro In 2014

by Ramya Chandrasekaran • August 3, 2015 • 0 Comments

Vorwerk Folletto, the Italian subsidiary of the Vorwerk Group, a leading European direct selling company has announced a turnover of 504 million Euros for 2014, a record number for the fifth consecutive year.
The numbers are up 1.1% compared to 2013 and the company says it’s their most successful year yet in Italy.
The Italian market remains the most important for the entire Vorwerk Group , a leading direct selling based in Germany, which has more than 40,000 distributors in 75 countries worldwide and in 2014 generated sales of 2.7 billion euro.

Patrick Barsotti, President of Vorwerk in Italy say about the company’s success, “We are very pleased with the continued years of success, achieved in a particularly difficult economic environment. This demonstrates the value of our product and the system of promotion based on demonstration at home and on direct

Hot Business News Today

LR Health And Beauty Appoints New CEO

by Ramya Chandrasekaran • August 3, 2015 • 0 Comments

German Direct Sales Company LR Group has appointed Dr. Thomas Stoffmehl as CEO of LR Health and Beauty effective September 2015. Dr. Stoffmehl, 44 is the former CEO of bofrost*, Europe’s largest direct seller of frozen food and ice creams.
The advisory board of LR Health & Beauty Systems GmbH (LR), one of the leading suppliers of premium health and beauty products in direct sales has introduced an ambitious, international growth strategy two years ago. This includes application of the LR promise “More quality for your life” along the subjects of brand development, innovation leadership, increased standardisation of the business model, digitalisation as well as strengthening the company’s global presence.
Against the background of the ambitious strategic and operational challenges, the Advisory Board of LR Group decided to further reinforce the Management Board with the appointment

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Annique CEO Appointed South Africa DSA Chairman

by Ramya Chandrasekaran • August 3, 2015 • 0 Comments

Ernest du Toit, CEO of South African direct selling company, Annique Health and Beauty, was appointed chairman of the Direct Selling Association of South Africa at a recent directors meeting in Johannesburg on 21 July 2015. He will replace out-going chairman, Richard Clarke, who has decided to focus on a new business venture, effective from 1 August 2015.
Ernest’s career has seen him develop his skills in marketing, sales, strategy development and general management, over more than 20 years. During this time he worked with the packaging giant, Tetrapak, and at South African Breweries head office, after which he acquired and ran his own advertising agency. In 2007 Ernest assumed management of and ultimately acquired Annique Health and Beauty, which has shown exponential growth over the past eight years. Ernest became a Director

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Italian Direct Selling Industry Q1 Turnover 130 Million Euros

by Ramya Chandrasekaran • August 3, 2015 • 0 Comments

AVEDISCO, the Italian Direct Selling Association has started 2015 with a very positive trend. With a turnover of 130 million euro in the first quarter and an overall increase of 17.83%, member companies of AVEDISCO began the year with a significant increase in turnover compared to the same period in 2014.
The data released by the center of studies and statistics at AVEDISCO, attests to the positive trend in the first quarter 2015, with the Food and Nutrition sector leading the growth with a turnover of 93.3 million euro, an increase of 21.95% over the same period last year.
The cosmetics and fashion accessories sector had a turnover of 11.3 million euros while the home and durable goods sector had a turnover of 10.7 million euros. The textile and services sector experienced significant growth at 20.89% and 18.8% increase respectively.
The

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Dennis And Margery Cannon Hit 200K With LIMU

by Nicole Dunkley • August 3, 2015 • 0 Comments

Dennis Cannon, a long-time chiropractor and nutritionist in Texas, was tired of what new healthcare guidelines had done to his thriving practice. Fighting with insurance companies for reimbursement was not what he expected from his career, and he soon realized that diminishing income meant he had many more years ahead of him in order to fund his retirement plan. That’s when he found LIMU, right at the perfect time.
“Healthcare isn’t what it used to be, and it’s been frustrating spending so much time on paperwork and arguing with insurance companies. I’ve done this for 27 years but the last 5 years have been especially devastating for my practice, and I just didn’t see an end to that financial challenge for me and my wife Margery,” said Cannon.
“But just two years ago,

Hot Business News Today

The MLM Attorney: The Economics Of A MLM Law Suit

by Ted Nuyten • August 2, 2015 • 0 Comments

Kevin Thompson, the MLM attorney, has published an interesting article about Ligitation. Ligitation is a term for a law suit, action, or cause instituted or depending between two private persons in the courts of (USA) law.
Kevin Thompson:
The Economics of MLM Litigation
Thompson Burton’s MLM law practice often fields questions from companies looking to sue distributors for various reasons. We also take calls from distributors that are being sued by their former network marketing company. We’ve seen the same issues litigated, over and over, from both sides, across the country. The surface reasons for these suits are usually the same: cross-recruiting.
Distributor Sam wants to sue Company XYZ because Sam was terminated after joining a new network-marketing venture. Or Company XYZ sues Distributor Sam for recruiting XYZ distributors for disparaging the company and

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