ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced it is acquiring strategic resources and relationships.
By creating these new connections, ForeverGreen can now utilize existing infrastructure and registrations for expanding its business throughout this market.
According to Direct Selling News, Brazil has broken into the top five direct selling markets in the world and is now a $14 billion a year industry. Brazil accounts for 8% of the global market, and its largest categories of product sales include personal care products, followed by food products.
“We are excited to bring this new opportunity to those building ForeverGreen businesses in Brazil. As one of the leading countries in our industry, Brazil will be an important springboard towards reaching the visibility and long term goals of our company.”
“Each step we
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Talk Fusion Video Email Encourages Global Business Success
by Nicole Dunkley • • 0 Comments
With themes available across 22 languages, Talk Fusion’s flagship Video Email product has become an invaluable resource for international businesses. Statistics reveal an incredible 96% better clickthrough chance for video emails, and savvy companies and organizations across the world have been using CONNECT Video Email to capitalize on that advantage.
The benefit has been felt across industries; in fact, other direct selling companies also use Video Email to produce stand-out marketing to their customers and prospects.
Ease-of-use and the extreme customization and branding options of Video Email make it ideal for direct selling companies. They can upload their own logos and choose their corporate color schemes to produce distinct and eye-catching branded video email. The simple creation process makes professional caliber video email messaging available to everyone from corporate marketing to dedicated associates.
The
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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
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CVSL Funds And Closes Acquisition Of Kleeneze
by Tina Williams • • 0 Comments
CVSL Inc. [NYSE MKT: CVSL] announced today that it has successfully funded and closed its previously-announced acquisition of Kleeneze, one of the UK’s longest-operating, largest and best-known direct-to-consumer businesses. With the addition of Kleeneze, CVSL’s business portfolio expands to nine companies.
The most recently reported revenue of Kleeneze and CVSL combines for over $180 million.
“We are pleased that this latest addition to the CVSL federation of direct-to-consumer companies is now complete,” said John Rochon Jr., CVSL’s vice chairman and chief financial officer. “We have said that our 2015 priority is to continue making acquisitions. This represents another step forward in our buildup strategy.”
CVSL has purchased 100% of the shares of Kleeneze from Findel PLC for a total consideration of $5.1 million. The consideration included $3 million of senior debt provided by HSBC Bank PLC. The remainder was funded by
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Nu Skin Receives Approval For Additional City In China
by Nicole Dunkley • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE:NUS) recently announced it has received approval from China’sMinistry of Commerce for the company to commence direct selling activities in Shaoxing City in Zhejiang Province.
Nu Skin is now licensed in 30 cities in 19 provinces and municipalities. The licensing process included a review of the company’s operations.
According to the Shaoxing City government, the city’s population was more than 6 million in 2013.
“We believe the government’s approval of our application is a reflection of our ongoing commitment to work cooperatively with China to ensure healthy, long-term growth of our business,” said Truman Hunt, president and chief executive officer. “We believe in the potential of China’s large and growing market and look forward to expanding our footprint in the country.”
About Nu Skin Enterprises, Inc.
Nu Skin Enterprises, Inc. demonstrates
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Plexus Worldwide Breaks Ground On National HQ
by Nicole Dunkley • • 0 Comments
Plexus Worldwide, a leading direct-marketing weight-loss and health-supplement seller that was recently named #8 on the 2014 Inc. 5000 list of fastest growing companies, announced it will break ground on a 70KSF national headquarters office building at the MainSpring Capital project at Pima Center, which is in Arizona, USA.
The company recently moved its warehouse operations to space it recently leased and occupied within an existing MainSpring Capital project at Pima Center which is adjacent to the new site.
At completion, Plexus Worldwide will have just more than 100,000 SF between the adjacent facilities. Currently Plexus has several facilities located in and around the Scottsdale Airpark, all of which it has outgrown due its astronomical growth from less than $1 Million in annual revenue four years ago to more than $300 Million in
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4Life Recaps Tenth Anniversary In Almaty, Kazakhstan
by Nicole Dunkley • • 0 Comments
4Life celebrated a tenth anniversary in Almaty, Kazakhstan. The event, which attracted top-ranking leaders from Eurasia and Eastern Europe, was staged at Hotel Kazakhstan in downtown Almaty.
Prior to the main event, local distributors spent a day in service at the Almaty Refuge for Women & Children. The Refuge, located in an old Soviet-era bread factory, provides life-critical shelter and opportunity to as many as twenty abused women and thirty children. Executive Director Tamara Rishe was among the Refuge’s first graduating class back in 1999. Today, she provides the care she once received.
Event attendees enjoyed leadership training from international business builders, company updates, performance recognition, and insight about what distributors traveling to Salt Lake City, Utah in April can expect at Convention 2015: Bring Dreams Home.
In addition, Team 4Life launched its first-ever tennis
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Industry Leader Paulo Figueiredo Joins Preiscoin
by Tina Williams • • 0 Comments
Preiscoin doesn’t stop and it seems their leaders don’t even sleep at night. The company welcomes Paulo Figueiredo as a great addition to it’s highly experienced leadership.
The company has been quickly opening new markets and attracting top professionals to join forces with.
Paulo Figueiredo, born in Angola, moved to South Africa at an early age and then later to Europe. With a love for aviation he joined the Air Force and became an Air Traffic Controller. His experience and will to seek and expand his knowledge in aviation helped him go international, where he gained sufficient world wide experience with a focus on business.
Besides various international projects in aviation he has always dedicated a great part of his time to the MLM industry where he has built organizations with various companies such Herbalife, Quorum, uVme and others. With the technical
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ForeverGreen Reports 229% Increase In 2014 Revenues To $58.3 Million
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation (FVRG), a leading direct marketing company and provider of health-centered products, announced today financial results for the quarter and twelve month period ended December 31, 2014.
Fourth Quarter Financial Highlights
Total revenues increased 184% to $17,796,937, compared to $6,261,517 in the fourth quarter last year.
Gross Profit for the quarter was increased to $14.2 million and Gross Profit Margins increased to 79.6%.
Operating income was $685,341 compared to $83,284 during the quarter in 2014, a 713% increase.
Net income increased to $189,460, or $0.01 EPS, versus $5,788, or $0.00 EPS, in Q42013. The company had a one-time charge of $149,520 for the loss on settlement of claim. Excluding this item, net income was $338,980, or $0.02 per basic and diluted share.
Cash position, including restricted cash increased $291,544 during the quarter to $1,169,971.
Full Year Financial
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LifeVantage Recaps Female Entrepreneur Business Event
by Nicole Dunkley • • 0 Comments
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,