Global conglomerate, the QI Group Hong Kong was among the 20 shortlisted winners of the HR Asia Best Companies to Work for in Asia 2015. Award ceremony was held in Hong Kong recently.
The awards, organised by HR Trade Journal; Asia’s Most Authoritative Publication for HR Professionals, saw 137 companies competing under the boards’ stringent selection criteria. Winners alongside QI Group were Hong Kong Offices of Microsoft, Yahoo!, Kimberly-Clark and, British American Tobacco Asia-Pacific Region.
“This is one of the most extensive surveys on employee engagement and workplace practices in this region. Since embarking on the project last year, HR Asia has discovered that some of these companies – both local and international – have workplace practices that are world class,” said William Ng, group editor-in-chief of Business Media International, the publishers of HR
Tag Archive for MLM Country Report
Hot Business News Today
LEO Appoints Geraldine Aquino As COO
by Ted Nuyten • • 0 Comments
Learning Enterprises Organization (LEO) today announced that Geraldine Aquino has been appointed to Chief Operating Officer and elected to Learning Enterprises Organization’s Board of Directors.
“Geraldine is a strong Chief Operating Officer and marketer and we look forward to benefiting from her insights and experience. She is our first female board member and I think she will add a new dimension to our already lively board discussions. Her appointment speaks to her undisputed ability to develop our business around the world.
As the COO of LEO, it would be hard to find a more focused skillset to support our growth.” said Dan Andersson, Learning Enterprises Organization’s Co-founder, President and CEO.
“Geraldine brings a wealth of direct selling experience to LEO’s management team. Her diverse background in this industry enables her to clearly understand how
Hot Business News Today
Youngevity Sales Up 56% To $134 Million In 2014
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the fourth quarter and full year ended December 31, 2014.
2014 Full Year Highlights:
Net Revenue increased 56.5% over the prior year to $134.0 million.
Gross Profit increased 48.8% to $76.3 million compared to the prior year.
Net Income of $5.4 million compared to $2.7 million. The increase in net income in 2014 was substantially due to a tax benefit of $4.7 million, which was mostly attributable to valuation allowance adjustments relating to deferred taxes.
“2014 was a strong year for Youngevity as we delivered solid financial results while continuing to make strategic investments to grow our diverse product line and
Hot Business News Today
FG Xpress Sells 20 Million Powerstrips
by Ted Nuyten • • 0 Comments
ForeverGreen Worldwide Corporation a leading direct marketing company and provider of health-centered products, today announced it has just passed the twenty million mark of product sold for its leading product, PowerStrips.
ForeverGreen has seen an uptick in sales across all of its products, but this particular product has reached extraordinary levels during its prelaunch. The company expects sales of PowerStrips and other products to continue increasing this year. The company’s products and Farmers Market will have their official launch in May at the convention being held in Las Vegas.
“We expect the exceptional growth to continue this year and beyond as we work diligently to reach our long term goals. We are thrilled with the worldwide acceptance of our products and will continue to grow within our already established markets and certainly in the
Hot Business News Today
doTERRA Fast Growing, Sales Est. $325+ Million
by Ted Nuyten • • 0 Comments
With more than 1,300 employees, 1 million distributors, and many million-dollar revenue days, doTERRA is dominating the essential oils industry. And with their brand new, state-of-the art campus in Pleasant Grove, they are building strong roots at home in Utah, USA.
doTERRA was previously awarded the 2013 Utah Valley Business of the Year by the Utah Valley Chamber of Commerce, was recently recognized by Pleasant Grove with the Mayor’s award and has now been awarded Business of the Year by Utah Valley BusinessQ.
The Q Awards celebrate Utah County’s top movers and shakers in 2014. There are six categories — Company of the Year, Entrepreneur of the Year, Executive of the Year, Marketer of the Year, Philanthropist of the Year and Headliner of the Year.
“We are honored by the award,” states David Stirling, Founder
Hot Business News Today
LifeVantage Launches In Thailand
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), has announced the expansion of its its direct selling business into Thailand.
The company has opened an office in the city of Bangkok to support this new market. The facility is designed to provide a central location where Distributors can host business-building meetings, conduct training, and host events.
The office also allows for a more expedited process for purchasing and receiving LifeVantage products.
“At the beginning of this fiscal year, we disclosed our plan to expand operations into Thailand during fiscal 2015,” said LifeVantage Executive Vice Chairman Dave Manovich. “The World Federation of Direct Selling Associations reports that Thailand is a market of more than 11 million distributors that generated total revenues of more than $3 billion in 2013.
We believe our expansion into Thailand is directly in-line with our
Hot Business News Today
Plexus Worldwide And Younique Top Earners Added
by Ted Nuyten • • 0 Comments
Both Plexus Worldwide as Younique are growing fast and we have added approx. 180 top earners to the Business For Home ranks, which can be found here.
The average Diamond Ambassador in Plexus worldwide makes $440,000 according to their 2014 convention.
The confidential form to update top earner ranks is here.
Plexus Worldwide, got its start eight years ago in Scottsdale, Arizona, USA and has since expanded into Canada and Australia. The direct seller generated 16,458 percent growth over three years, closing out 2013 with $159.8 million in revenue and 2014 with $300 million in revenue.
Younique, a cosmetics direct sales company dedicated to uplifting, empowering and validating women everywhere, received the Direct Selling Management Association’s (DSMA) “Growth” award in a ceremony held November 6, 2014.
Younique October sales topped $35 million. Younique’s year-over-year sales
Hot Business News Today
TLC Announces New Ambassadors, William And Denise Lee
by Ted Nuyten • • 0 Comments
Total Life Changes continues to produce top leaders in record time. Never before has this kind of success been generated so quickly within the company. New affiliates are growing their business to great heights in as little as 10 months.
“It is truly a remarkable time of growth for us. We are encountering record numbers of sales and new affiliates each and every week. And the rate of growth for these new affiliates, in terms of achieving our top ranks within our compensation plan is astounding,” explains founder and CEO Jack Fallon. “I’m especially proud of Denise and William Lee out of Philadelphia,” he adds.
Denise and William Lee are parents of two children and live in a suburb of Philadelphia, Pennsylvania. They have recently reached Ambassador rank in Total Life Changes. Each
Hot Business News Today
Panvoya Pre-Launches A Travel MLM
by Ted Nuyten • • 0 Comments
PANVOYA, has officially begun its Confidential Leadership Launch in the USA, which includes the debut of a new booking engine that delivers discounts of up to 60% off best online prices.
PANVOYA’s founder, Paul Koury, has over 27 years of experience in the travel industry, having started his own travel agency at the age of 16.
His passion for travel and unrelenting entrepreneurial spirit are the driving forces behind his retail and direct sales travel companies. His extensive experience in the travel industry has led to the creation of one the most compelling lineup of travel products available in our industry today.
Paul Koury: “For me, it’s really simple… all our product and service offerings are based on the same common denominator… they are all designed to deliver real VALUE to our customers, while
Hot Business News Today
Organo Gold Lawsuit: Coffee Contains A Mushroom With Dangerous Blood-Thinning Properties
by Ted Nuyten • • 0 Comments
Organo Gold coffee contains a mushroom with dangerous blood-thinning properties unknown to consumers, an USA class claims in court.
Lead plaintiff Marlin Johnson says he consumed one cup of Organo Gold coffee a day for two weeks in March 2013, “unaware of the product’s dangerous side effects.”
Though enticed by Organo’s “representation of the purported health benefits derived from Ganoderma Lucidum,” Johnson says he has since learned that “Ganoderma Lucidum is a natural blood thinner that prevents a person’s blood from clotting properly and causes intestinal bleeding and platelet dysfunction.”
“The packaging and/or labeling of Organo Gold products do not contain warnings about these dangerous side effects,” according to the March 19 complaint Johnson filed in New Castle County Superior Court. Also known as Reishi, Johnson says Ganoderma Lucidum “is a bitter hard mushroom commonly