Tag Archive for MLM Country Report

Velovita® Acquires Assets of Jeunesse® Global

Velovita®, a leader in revolutionary biohacking wellness solutions known for its vibrant “Snap” products, has recently acquired certain assets of Jeunesse® Global, a respected leader in the network marketing industry. Both companies have achieved remarkable success worldwide, building an impressive level of global brand awareness.
This acquisition symbolizes a pivotal moment for Velovita®, enhancing its mission to create new opportunities and drive global growth and enabling the company to further its commitment to promoting a healthy lifestyle through innovative biohacking wellness solutions worldwide.
What’s next for Velovita® and Jeunesse®?

“We are thrilled to welcome the Jeunesse® team to our network and to further our mission of delivering top-quality, cutting-edge, and impactful wellness solutions globally.
My life’s purpose has always been and continues to be to give back and open doors for people from all walks of life to reach greater levels of success. We have BIG plans in the works. Stay tuned for what’s coming next!”

Stated Kosta Gara.
CEO Kosta Gara, drawing on his extensive 31+ years of industry experience, meticulously crafted a personalized direct-selling ecosystem that provides a seamless platform for Distributors to cultivate and expand their businesses. Velovita’s in-house team of experts, spanning logistics, marketing, and engineering, is dedicated to spearheading revolutionary

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LifeVantage Q1 Revenue Down 7.7% To $47.2 Million

LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its first fiscal quarter ended September 30, 2024.
First Quarter Fiscal 2025 Summary*:

Revenue of $47.2 million, a decrease of 8.1% from the prior year period. Excluding the negative impact of foreign currency fluctuations, first quarter revenue was down approximately 7.7%;
Revenue in the Americas decreased 4.2%, and revenue in Asia/Pacific & Europe decreased 19.7%. Excluding the negative impact of foreign currency fluctuations, first quarter revenue in Asia/Pacific & Europe decreased approximately 18.7%;
Net income per diluted share was $0.14, versus $0.05 per diluted share a year ago;
Adjusted earnings per diluted share was $0.15, compared to $0.13 a year ago; and
Adjusted EBITDA was $4.4 million compared to $4.0 million a year ago.

* All comparisons are on a year over year basis and compare the first quarter of fiscal 2025 to the first quarter of fiscal 2024, unless otherwise noted.

“It’s an incredible time to be at LifeVantage as we just launched the MindBody GLP-1 System™, an amazing innovation targeting consumers searching for an effective, sustainable weight management solution. This product, launched on October 11th, significantly expands our total addressable market and the

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Oriflame Q3 Sales Down 19% To €130 Million

“The Board of directors of Oriflame Holding Limited, the Company and its advisers are proactively exploring options to address its capital structure and are evaluating potential recapitalisation opportunities.
In connection with such efforts, the Company is in constructive and active discussions with a group of investors who are majority holders of the Company’s Euro and USD senior secured notes.
No assurance can be given with respect to the outcome of any such negotiations.”

Three months ended 30 September 2024

Euro sales decreased by 19% to €130.8m (€161.7m) and local currency sales decreased by 16%.
The adjusted EBITDA amounted to €5.4m (€4.1m) and the adjusted EBITDA margin was 4.2% (2.5%). The currency impact on the adjusted EBITDA was 170 bps negative.
The adjusted operating profit was €0.2m (€-1.7m) and the adjusted operating margin was 0.2% (-1.1%).
The adjusted net profit was €6.9m (€-54.2m).
The adjusted cash flow from operating activities was €-10.9m (€-6.9m) and adjusted cash flow before financing activities was €-13.0m (€-13.9m).
Additional non-recurring costs amounting to €1.5m (€20.3m) were recorded during the quarter and excluded from the operating profit (adjusted operating profit).

Oriflame Sales 2018 – 2023
Nine months ended 30 September 2024

Euro sales decreased by 21% to €435.5m (€551.9m) and local currency sales decreased by 17%.
The adjusted

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Stormy Wellington Celebrates 10 Years Of Leadership At Total Life Changes

On October 30, 2014, Stormy Wellington brought her network-marketing expertise to Total Life Changes (TLC). Over the past decade, her unwavering commitment to mentorship has inspired millions and created a lasting legacy of leadership.

“Being with TLC for 10 years is an honor and a privilege, and it’s now, for me, a responsibility,” she shared. “I’m proud of myself, but I am also very proud of TLC for making it worthwhile. Ten years in, I’m excited and ready to do it all over again.”

Wellington took TLC by storm, with a staggering list of accomplishments that only continues to expand. She has coached 139 first-generation millionaires, made $50,000 in her first week at the company, and has earned over $50 million at TLC alone.* Now, she is the company’s only Elite Ambassador, a prestigious rank she claimed just days after its introduction.
Beyond her direct-selling success, Wellington has emerged as an entrepreneur in her own right. She has authored bestselling books, leads a masterclass based on her experience, and even launched her own beauty line. Her aggressive work ethic and magnetic public persona have solidified her status as one of the industry’s most sought-after leaders.
Her achievements only fuel her desire to coach others

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Shaklee Expands Into Australia

Shaklee, a leading health and wellness company, whose founder invented the first multivitamin in the U.S., is launching in its newest international market: Australia.
The news comes as the brand builds on the significant momentum it’s seeing in the North American market and prepares to celebrate its 75th anniversary next year, marking a significant milestone in the company’s vision to bring health and wellness to every corner of the world.

“Our entry into Australia is not just about opening a new market—it represents the beginning of the next era of growth for Shaklee. We remain committed to our vision of building healthier communities and fostering true wellness around the world,”

said Shaklee’s Chairman and CEO, Roger Barnett.
Melissa Seitz, a seasoned leader with over 20 years of experience in successfully launching and expanding markets, has been appointed as the General Manager for Australia. Melissa’s proven track record, combined with Shaklee’s mission-driven approach, will ensure that the Australian market flourishes in the coming years.

“Our mission is not just to provide health products but to inspire a movement of wellness that brings people together and helps build a better world. I am excited to lead Shaklee into this new market and to share our vision with

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PM International Ranked As Triple AAA+ Opportunity For 2024 And 2025

PM International, a renowned network marketing company, has showcased extraordinary business potential in 2023, raking in a commendable revenue of $3,030 Million. For 2024 we estimated sales at $3,300 – 3,600+ Million.
Exhibiting remarkable generosity, the company could have disbursed an impressive 35% of this as commission, aligning itself with the industry’s standard. This certainly paints an inspiring yet realistic picture of the prospect, free from promises or commercial flair.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
Network marketing company PM International has recently seen a significant rise in prominence. Their FitLine product secured a partnership with the ATP Tour, marking a noteworthy advancement in their market presence. Coupled with that, PM International has surged up to the 6th place in the “DSN Global 100” ranking, showcasing their growth amongst the world’s largest industry players.
The success doesn’t stop there, PM International has also reported an impressive revenue increase, reaching up to $3 billion in 2024. On top of that, the firm has been ranked as a triple AAA+ opportunity for 2024, suggesting promise for Business Partners partners.

PM International in Facts and Figures
PM International, a Luxembourg-based company led by

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Sven & Audrey Goebel Achieve President Rank At Zinzino

After 2.5 years of extraordinary growth, the renowned couple celebrates a major milestone in their Zinzino journey. Sven and Audrey Goebel have achieved the prestigious President rank within Zinzino, marking a record-breaking accomplishment.

In just 2.5 years, the Goebels have built a multi-million euro monthly turnover business, drawing top-level leadership from across the globe and solidifying their status as renowned leaders and role models of the profession.

Their rapid ascent in the company is attributed to their vast expertise, diligent work ethics, excellent business system, and powerful event structure.
Over decades, the couple furthermore maintained an outstanding reputation within the global direct sales industry, attracting exceptional talent into their organization.
As a result of this remarkable achievement, alongside their increasingly impressive monthly earnings, they are now entitled to a €200,000 bonus, paid in Zinzino shares.
Sven Goebel shared his excitement about the future:

“It is proven once more that Zinzino has all it takes to become a billion-dollar player within a very short period of time. The company offers everything and more to drive a powerful and rock-solid organization with unparalleled professionalism. If you work smart and follow our professional guidance, there’s no way you can’t succeed.”

The Goebel Family
The Goebels expressed their heartfelt gratitude for the

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Zinzino Ranked As Triple AAA+ Opportunity For 2024 And 2025

Zinzino is a public network marketing company that offers significant opportunities for its associates. Notably, in 2023, they reported an impressive revenue of $168 million. For 2024 the sales will be up 15% -18% , to approx. $220+ Million.

Zinzino received for the second consecutive year the Top AAA+ rating from Business for Home, placing it at a high position of nr. 6 in terms of momentum among more than 700 global network marketing companies.

Remarkably, 48% of this amount could have been paid in commissions, exceeding the industry standard of 35%. This suggests a promising potential for distributors, highlighting Zinzino’s commitment towards empowering its partners.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
The network marketing company Zinzino has been making strides in expanding its team and influence in the industry. The firm recently welcomed top networkers, Miguel Jaramillo and Paco Hernandez, and also honored the achievement of Marco Passanante, who reached the President rank. These developments come as the team behind Zinzino, Sven & Audrey Goebel, celebrated a significant milestone of 40,000 customer subscriptions.
In addition to team growth, Zinzino has revealed its broader business expansion plans. The company

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USANA Q2 Revenue 11% Down To $213 Million

USANA Health Sciences, Inc.announced financial results for its fiscal second quarter ended June 29, 2024.
Key Financial & Operating Results

Second quarter net sales were $213 million versus $238 million during Q2 2023.
Second quarter diluted EPS was $0.54 as compared with $0.89 during Q2 2023.
Company updates fiscal year 2024 net sales and diluted EPS outlook to $850 million to $880 million and $2.40 to $2.55 (previously $850 million to $920 million and $2.40 to $3.00).

“Second quarter operating results were below our expectations,”

said Jim Brown, President and Chief Executive Officer.

“Ongoing macroeconomic pressures in several of our key markets continue to impact consumer spending. This in turn creates challenges in our ability to attract and engage new customers and generate sales momentum.
To counter these challenges, we have made several strategic changes in our business over the past few quarters, including (i) restructuring our commercial team, (ii) heightening our focus on product innovation, (iii) increasing our efforts to engage our sales leaders with an Associate-first approach, (iv) expanding into India, and (v) evaluating more business development activities.
“Next month, we will be hosting our Americas & Europe Convention in Las Vegas, Nevada along with other Associate engagement-focused events in the back half of the

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Bravenly Global Ranked As Triple AAA+ Opportunity For 2024 And 2025

Bravenly Global, a renowned network marketing company, intriguingly surpassed expectations in 2023 with its revenue hitting $19 million. For 2024 the estimated revenue will be $50+ Million.

Bravenly Global received for the second consecutive year the Top AAA+ rating from Business for Home, placing it at a high position of nr. 8 in terms of momentum among more than 700 global network marketing companies.

Astonishingly, it managed to pay out 55% of its earnings as commission to marketers, significantly exceeding the 35% industry standard. This behooves a closer look at the promising, yet pragmatic opportunities presented by Bravenly Global in the network marketing industry.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
Within recent developments at Bravenly Global, several associates have reached notable ranks within the company. Most notably, Ricky & Jessika Durant and Brittany Beck hit top rank while Julie Glass achieved the rank of Silver EVP.
Riding off these high-profile achievements, the company has been 100% committed to network marketing. As a testament to their growth, they have just reported a significant $6 million in monthly sales. Industry legends such as Garrett and Sylvia McGrath as Keith and Heather

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