LifeVantage Corporation (Nasdaq:LFVN), hosted its first ever women’s event in Las Vegas, Nevada. More than 1,300 women attended this sold out event.
The inagural event focused on providing professional training specific to women and featured keynote speakers Noelle Pikus-Pace the celebrated two sport Olympic athlete, wife, mother, and business owner, along with Melanie “Mel” Robbins, the world-renowned television and radio host, CNN contributor, mother, author, life coach and entrepreneur.
In addition to the world-renowned keynote speakers, top-level female independent Distributors and corporate executives from LifeVantage Corporation hosted sessions designed to educate women about the benefits of owning their own business, marketing and selling to men as well as other women, and what it means to be a successful businesswoman with the company.
“This first-ever “empowering women” event exceeded all of my expectations,” said Dave Phelps,
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Professional Tennis Player Joins Team 4Life
by Nicole Dunkley • • 0 Comments
4Life executives recently announced professional tennis player Yaroslava Shvedova as the newest Team 4Life member. Team 4Life is a group of internationally renowned athletes who represent 4Life distributors as company brand ambassadors and product advocates.
Yaroslava, who goes by Slava, was born in Moscow, Russia. She began playing tennis at the age of six. Her father, Vyacheslav, is a professional tennis coach and began training Slava at the age of eight. Her mother, Nurziya, was a world champion in the 100 km marathon.
Slava has represented the country of Kazakhstan as an athlete since 2008 and won the Women’s Tennis Association singles title, three International Tennis Federation Women’s Circuit singles titles and six doubles titles, including the 2010 Wimbledon and U.S. Open women’s doubles titles (with King from the United States).
On June 30, 2012,
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QNET Founder Shares Entrepreneurial Journey
by Nicole Dunkley • • 0 Comments
As the founder and Executive Chairman of the QI Group of Companies, Dr. Vijay Eswaran is the head of a multi-business conglomerate that has a presence in a variety of sectors, which includes direct selling, retail, financial services, education and hospitality. Its flagship subsidiary, QNET, which was established by the Malaysian businessman in 1998, is today a global company (with offices in the UAE as well) that has managed to merge traditional methods of sales with the e-commerce model.
“What I envisioned was a new kind of company that would merge the people power of a direct sales force with the global reach of the Internet,” Dr. Eswaran says, as he remembers the origins of his company. “So we merged the tried and tested direct selling business model with the emerging e-commerce
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Visalus Spain’s Alejandro Mateo Merono Achieves 5-Star Ambassador Rank
by Tina Williams • • 0 Comments
Spain is leading mainland Europe at record speed. Leadership in this country has stepped up to the plate to show the world they mean business. And Alejandro Mateo Merono is at the front lines, having quickly moved from 4-Star to 5-Star Ambassador.
“Today it’s Spain and tomorrow the sky,” says Alejandro. “We’re continuing to expand our mission of transforming lives, and I’m very passionate about helping people become healthier. Now, as a 5-Star Ambassador, I’ll be able to introduce that mission to even more people in more markets.”
Alejandro’s early success stemmed from training by ViSalus Co-Founder and Global Ambassador Nick Sarnicola, Global Ambassador Jason O’Toole, 2-Star Ambassador Steve Mitchell and other Vi Leaders beginning at the Influencer Summit in November 2014. The first 5-Star in mainland Europe, Alejandro is among Spain’s five other Ambassadors. The
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LR Health And Beauty $228 Million In Sales
by Ted Nuyten • • 0 Comments
Germany based LR Health & Beauty Systems GmbH (LR), one of the leading suppliers of premium health and beauty products in direct sales, looks back on a successful 2014 with good results.
“With the intensification of our international activities, we will have to face external factors ahead of us with strong internal potential, more flexibility and higher efficiency. In everything we do, we can trust on the support of our approx. 1,100 highly motivated and qualified employees”
International markets: Significant growth in local currency, strong impact of currency effects
In view of the positive development in 2014, Patrick Sostmann, Spokesman of Board of LR, sees a lot of good signs for the future. “In 2014, LR was again able to sustain its growth in local currency and recorded a significant increase in sales at constant
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Javita Launches New Initiative
by Tina Williams • • 0 Comments
Javita is proud to announce the formal launch of JavitaCares, the company’s initiative for charitable giving.
Javita’s founder, Stan Cherelstein, has a passion for helping others. “The underlying mission of Javita is to provide the average person the opportunity to change lives. This mission for changing lives extends beyond Javita’s Members, customers and employees,” Cherelstein said. “We want Javita to be a vehicle which enables others to give back to those in need.”
Since Javita’s founding in 2011, contributions have been made directly to individuals and various charities. Now, the company has formalized its charitable initiative in what it calls — JavitaCares.
JavitaCares mission is to bring about awareness and resources to help enhance the lives of those in need. Donating money and time to charity is one of the most selfless acts
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Immunotec Reports 1st Quarter Results: 11% Increase In Revenue
by Tina Williams • • 0 Comments
Immunotec Inc. (IMM), a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its consolidated financial results for the first quarter of Fiscal 2015.
All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.
“We are pleased to report an 11% increase in revenues over the first quarter of the previous year,” said Mr. Charles L. Orr, Chief Executive Officer. “Also, Operating Income, EBITDA and Net Income all increased by 69%, 47% and 12% respectively, over the same period in the prior year.
Our employees and consultants demonstrated exemplary teamwork to work through challenges in the opening months of the fiscal year” concluded Mr. Orr.
Performance Highlights
Revenues for the three-month period ending January 31, 2015 reached $17.9M compared to $16.2M in the same period
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CVSL Reports End Of Year Results: Up $23.9 Million
by Tina Williams • • 0 Comments
CVSL Inc. [NYSE MKT: CVSL] today released results for the year ended December 31, 2014, its second year of operation as a federation of direct-to-consumer companies.
Revenue for 2014 increased by 28.2%, or $23.9 million, from $84.9 million the previous year to $108.8 million. CVSL’s gross profit increased by 47%, from $35.6 million to $52.4 million.
CVSL’s total stockholders’ equity was $8.9 million on December 31, 2014. On a pro forma basis, including the recently-closed offering of common stock on March 4, 2015, total stockholders’ equity would exceed $26 million. Total long-term debt has been reduced by 80%, down to $5.3 million. CVSL’s bank line of credit was approximately $9 million a year ago and is now fully paid off.
Reported operating loss for 2014 was $20.1 million. “While our company significantly increased its revenue and gross profit during the year, our bottom line results were affected by a range of expenses connected
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Mary Kay Expands Into Colombia
by Tina Williams • • 0 Comments
For a global cosmetics company focused on enriching women’s lives, there may be no greater indicator of future success than opening its newest market in the home of Miss Universe. On the heels of Miss Colombia winning one of the most coveted international beauty titles, the iconic beauty brand announces its arrival in Colombia on March 13 with the opening of Mary Kay Colombia.
The globally recognized beauty company was founded by Mary Kay Ash in 1963. After retirement, Ash sat at her kitchen table and wrote a list of the positive and negative things seen in her direct selling career and realized she had inadvertently created a marketing plan for a dream company – one which would provide women with unlimited potential to achieve personal and financial success.
Today, Mary Kay is a $4 billion company with more than 200 skincare,
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Solavei Announces It Will Be Merging With Aspider
by Tina Williams • • 0 Comments
Social commerce network and mobile service provider Solavei filed its plan of reorganization today and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service providers and millions of subscribers throughout the world. Terms of the deal remain confidential.
With over 400,000 people that have become members in the past two years, Solavei will continue to deliver and grow its social commerce network to fulfill its vision of positively impacting millions of people’s lives. With this transaction, the company will continue to operate normally, no services will be interrupted, compensation will be paid on time, and Ryan Wuerch will continue in his role as Chairman & CEO.
Solavei members and employees will benefit from the ASPIDER global mobile virtual enabling