Half-year results from Findel (FDL) told a tale of two parts. The Kleeneze marketing business lost nearly a quarter of sales as it struggled to win back customers following a period of poor service levels.
Luckily, a flexible cost base stemmed the bottom-line damage: divisional operating profit fell by just £1m, giving a £0.4m loss. Still, the dire result forced management to take a £19m impairment charge on the business, which explains the dramatic fall in reported earnings.
Excluding this charge, the group made a pre-tax profit of £1.5m, compared with losses the year before. Much of that was thanks to Express Gifts. This personalised shopping service enjoyed a 6 per cent increase in sales, boosting profits by almost a half to £4.8m, as efforts to improve the pricing and product range and trim costs paid off. Bad debt levels from credit customers also improved dramatically.
Elsewhere, tighter school budgets trimmed profits in the educational supplies division, but sports-merchandise retailer Kitbag enjoyed decent top-line growth and almost halved its losses to £1.5m. Importantly, Findel is exploring a sale, and several parties have expressed interest. Any proceeds would be used to cut debt, which fell by £15.8m to £116m, net of cash.
Oriel Securities expects adjusted
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This Week: Herbalife Serves up Thanksgiving Dinner, Avon and Glamour Take on Domestic Violence
by mallen@directsellingnews.com • • 0 Comments
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Javita On Target For $36 Million Revenue – Up 360%
by Ted Nuyten • • 0 Comments
I was talking with MLM Legend John Haremza at the Mastermind in Orlando and then again at GoPro in Las Vegas this past weekend.
John is the Master Distributor for Javita, a 25 year veteran of this industry, who has averaged $1,000,000 a year for the past 10 years.
He has some great generic training videos that anyone can benefit from at www.johnharemza.com.
John is amazed at what is happening at Javita. They did just over $10 million last year, they are on target for $36 million this year and with the momentum that is taking place he can see Javita at $80 to $100 million in 2015.
He caught my attention when he shared how many new distributors, with no network marketing experience, were having extraordinary success.
When I asked him what he attributed this too John said:
First, the five critical elements must be in place company, product, compensation, timing, training and support and Javita clearly has these 5 elements in place”.
He pointed out the one thing that is giving these new people such success was the product, weight loss coffee, it’s so comfortable and easy to talk about. When you say weight loss coffee the line begins to form.
John pointed
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October 2014, Best Sales Month In 4Life History
by Nicole Dunkley • • 0 Comments
October 2014 represented the best sales month of all time for 4Life. Year-to-date sales have increased by approximately 13% and the company recently opened in its 24th market with an office in Hamburg, Germany — 4Life’s third European office after Spain and Italy.
4Life President and CEO Steve Tew identified ten international markets whose year-over-year sales growth contributed to October’s success.
India 11% • Ecuador 12% • Spain: 13%
Malaysia: 13% • Dominican Republic: 33%
Peru: 36% • Panama: 70% • Indonesia: 72%
South Korea: 126% • Hong Kong: 135%
Tew: “For sixteen years, 4Life distributors have proven what is possible when they commit themselves to sharing the products and opportunity with others. This record month is a testament to the work being done in the field, not only in our top performing markets, but in dozens of countries around the world.”
Earlier this year, 4Life was ranked #41 by Direct Selling News on its Global 100 list of largest direct selling companies.
4Life Founder and Chairman of the Board David Lisonbee: “When my wife Bianca and I launched 4Life in 1998, we knew what was possible. But we also knew that the company could not exist without dedicated field leadership. Ultimately, our corporate growth reflects the growth
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Zija Appoints New Korea Assistant Director
by Nicole Dunkley • • 0 Comments
Zija International is proud to announce that SungAh Lim has been chosen as our new Asst. Director for Korea!
She has nearly 20 years of experience in the network marketing industry and has lucratively launched numerous companies and products.
SungAh has extensive experience in launching global network marketing companies in Korea and most recently was the Senior Executive Marketing Director in a dietary supplement, skin care, and personal care corporation.
SungAh studied food technology and nutrition and received her bachelor’s degree in Seoul, Korea. She went on to complete her master’s degree in Clinical Nutrition.
SungAh has the capabilities and experience to bring success to Zija Korea, where she plans to apply her business development skills by enhancing strength in sales and marketing capabilities.
About Zija International
Zija International, a privately held and privately funded business founded by Kenneth E. Brailsford and run by Rodney Larsen, develops natural health, wellness, nutrition and fitness products. The company operates in more than 50 countries worldwide.
Zija has seen consistent growth every year since it was founded over 9 years ago and was recently named the “Fastest-Growing Company in Utah” by Utah Business Magazine. It has also been recognized on fastest-growing and top-revenue lists by Inc. Magazine, Direct Selling News, and Utah
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Top Industry Leader Princess Fizz Joins Younique
by Ted Nuyten • • 0 Comments
Top Industry Leader Princess Fizz founded the successful WebTV show called I Have A Dream Show where she interviews high profile entrepreneurs from the Online & Network marketing niche.
She is based in the UK and is a single mom of an 8 year old daughter with her roots in the Arab royal world.
Princess Fizz has been an entrepreneur since years having her own successful web agency and is a multiple figures Income earner. Fizz joined the Network marketing industry looking to expand her network, experience time freedom and help others start their own businesses.
She is teaming up with Amber Voight, one of Younique USA Top Earners.
Younique, is a fast growing international cosmetics direct sales company dedicated to uplifting, empowering and validating women everywhere. Younique’s October 2014 sales topped $35 million per month.
Younique is the first direct-sales company to market and sell cosmetics almost exclusively through the use of social media. Younique Virtual Parties bridge the huge world of social media and the traditional home-party business model.
Princess Fizz – I have a Dream show – uniquely shares journeys and successes of extraordinary entrepreneurs inspiring thousands of people to dream big and work towards achieving their dreams.
Read more on Princess Fizz
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The Good, The Bad, And The Ugly Of Sales and Marketing
by Ted Nuyten • • 0 Comments
Amazon best-selling novelist and award-winning marketer, T.M. Williams’, new book; The Good, The Bad, and The Ugly of Sales and Marketing was released today, November 28th, world-wide.
It is available for purchase on all major retail channels in paperback at a discounted introductory $10.00 rate.
The book will also be made available in e-book in the coming weeks and available in audio early in 2015.
The Good, The Bad, and The Ugly of Sales and Marketing is the 7th book in print for Williams and the first non-fiction.
With 12 years of direct-selling experience and nearly 15 years of business and marketing experience, this has been a highly anticipated book.
“It made sense, that as a novelist, I put those writing skills to use and share the knowledge I have of the business and marketing world.
The reviews we’ve gotten back from early released copies have been exciting and I’m confident that everyone from the newbie marketer to the veteran entrepreneur will have something to gain from this.”
Making a sale is only a part of the battle. Understanding the psychology of marketing and relationships to build long term success involves a science that only the top income earners understand. Williams discusses
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Zija International To Host Améo Essential Oils Training With Industry Experts
by Nicole Dunkley • • 0 Comments
Zija International’s new product division, Améo Essential Oils, will be holding an exclusive training on essential oils; the event will feature keynote addresses from industry leaders in essential oils and aromatherapy.
The educational night will be held on Tuesday, December 16th at 7:00 p.m at the Provo, Utah, Marriott Hotel and Conference Center. The featured speakers are Dr. Daniel Pénoël, Pierre Franchomme, and Michael Scholes, all highly regarded essential oil and aromatherapy specialists. For more information and registration details you can click HERE.
About the Speakers
Dr. Daniel Pénoël
Dr. Pénoël was born in Paris in 1951. At an early age, he gained an appreciation for the earth and a desire to protect it. He has extensive health and wellness education and training as a Doctor of Medicine and Doctor of Homeopathy. While practicing medicine, Dr. Pénoël learned about the power of essential oils and the positive influence they can have on the body. He became especially aware of the importance of using clinical-grade essential oils for normal body function. He has used essential oils as a practitioner around the world, including in France, Australia, and England.
Dr. Pénoël has published several books and been a public speaker worldwide, educating individuals and medical practitioners
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QNEurope Opens For Business In Germany And Ireland
by Nicole Dunkley • • 0 Comments
QNEurope opened for business for Networkers in Germany and Ireland with the remaining 26 countries of the European Union coming in early December. QNEurope will provide access to our global network and product range, but with local support and resources based out of our regional office in Bensheim, Germany.
Spearheading the launch into Europe is a brand new product, an exciting new energy drink called FREEQ.
QNEurope will be available in German and English and includes a new German language version of QBuzz called QBuzz QNEurope where German speaking networkers can get news and updates.
For the past year, QI Group has been busy developing opportunities in Europe, especially in Germany. In July and August last year, directors toured several European countries to meet with local Independent Representatives.
At the helm of QNEurope is Mr.Manfred W. Jakobi, whose 25 years experience in direct selling industry will be an asset to the company’s plans in Europe and will advance our mission to bring QNET’s products and services to the whole of Europe.
This is an exciting time for QNEurope as we consolidate this new opportunity of a lifetime in the Old World.
QNET is one of Asia’s leading Direct Selling companies with a dynamic online shopping and business community comprising around seven million customers
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4Life Follows Record Month with Germany Launch
by mallen@directsellingnews.com • • 0 Comments
Following a record sales month in October, 4Life is celebrating the launch of its 24th international market.