Gregg Renfrew launched Beautycounter in 2013, a B Corporation that’s single-mindedly focused on creating transparency and safety in the personal care industry, through truly innovative skincare and beauty products that set a new health and safety standard. Before launching Beautycounter, Gregg had already established herself as a retail leader. Gregg is regarded as a forward-thinking entrepreneur and trusted advisor who can turn concepts into thriving businesses; she sold her successful bridal registry company, The Wedding List, to Martha Stewart Living Omnimedia, where she served the company in executive management. Gregg also served the legendary Best & Co. children’s retail group as CEO, which she re-invigorated through design, traditional retail, and hundreds of national trunk shows. Gregg has led new concept, brand, marketing, merchandising and operations consulting engagements with Bergdorf Goodman, Goldie Hawn and Kate
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Herbalife Kicks Off Triathlon Season With Sponsorships
by Tina Williams • • 0 Comments
Global nutrition company Herbalife(HLF) kicked off a busy triathlon season this past weekend as part of a larger year-long sponsorship of major endurance events across the United States.
“We are excited to once again be involved in the sponsorship of triathlons across the country,” said Michael Johnson, chairman and CEO, Herbalife. “The endurance community is one we have a longstanding relationship with, both through the events we are involved with around the world, and the successful athletes who benefit from our sports nutrition products.”
For the eighth straight year, Herbalife was a sponsor of the LA Triathlon at Torrance Beach. As this year’s “Official Fluid Replacement” provider for the LA Triathlon, Herbalife provided its recovery and hydration products to athletes to ensure participants received the nutrition needed to complete the triathlon. More than a thousand triathletes and approximately
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Seacret Direct Expands To Germany
by Tina Williams • • 0 Comments
As Seacret gets ready for the international event in Phoenix, Arizona with keynote speaker John C. Maxwell, they are also doing double duty as they prepare to expand to Germany. Annoucements were recently made on their fan page as Seacret continues their international expansion efforts.
Betty Perez, VP of Sales and Training and Co-Founder says, “Just got off the phone with Mr. ?John C Maxwell?. We were discussing His piece at ?IGNITE?- and trust, his message is going to be POWERFUL. He said he is honored and delighted to be with the SEACRET community this September. If you don’t know him I recommend you pick up one of his books now! For those of you who have read his books, then you know how life-changing his message will be at #IGNITE. I’m excited to see you
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Melaleuca’s CEO In The Midst Of The Presidential Race
by Tina Williams • • 0 Comments
Idaho isn’t known for attracting political powerhouses during presidential races. However, what it lacks in clout, it makes up for being home to one of the GOP’s wealthiest donors.
Frank VanderSloot, founder and CEO of health care products company Melaleuca based in Idaho Falls, was a critical fundraiser for former Republican presidential candidate Mitt Romney’s campaign during the 2012 election. Now he’s being courted by GOP presidential candidates eager to benefit from VanderSloot’s successful fundraising reputation.
“It was surely a lot easier four years ago,” he told The Associated Press. “There was a clear front runner to get behind. Romney was head and shoulders above the rest of the field … I surely have who I think will be the best president in my mind. But the question is, can they get elected? If
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Avon Actively Looking For An Investor
by Tina Williams • • 0 Comments
The Wall Street Journal reports: Avon Products Inc. is negotiating to sell a stake to a private-equity firm, a sign that the cosmetics purveyor has been unable to find a buyer for the entire company.
Thursday’s news didn’t go over well with Wall Street. Investors often frown on companies selling stock at depressed prices and diluting existing owners. Shares of Avon fell 9.5% to $4.10, and are now down 56% on the year. The stock has lost roughly 90% of its value from a 2004 high and the company has a market capitalization of less than $1.8 billion.
Avon is in talks about a stake sale with a number of private-equity firms, according to people familiar with the matter. They include Cerberus Capital Management LP and Platinum Equity LLC, which specialize in distressed investing, these people said.
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Blyth Reports Quarterly Earnings At $9 Million Loss
by Tina Williams • • 0 Comments
Blyth, Inc. reports preliminary financial results for the quarter ended June 30, 2015.
We analyze the earnings along side the following peers of Blyth, Inc. – Lifetime Brands, Inc., GNC Holdings, Inc. Class A, Jarden Corporation, Vitamin Shoppe, Inc. and Tupperware Brands Corporation (LCUT-US, GNC-US, JAH-US, VSI-US and TUP-US) that have also reported for this period.
Highlights
Summary numbers: Revenues of USD 87.99 million, Net Earnings of USD -8.83 million, and Earnings per Share (EPS) of USD -0.55.
Gross margins narrowed from 64.24% to 61.48% compared to the same quarter last year, operating (EBITDA) margins now -4.32% from 0.74%.
Year-on-year change in operating cash flow of -88.46% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Narrowing of operating margins contributed to decline in earnings.
Company Profile
Blyth, Inc. designs, manufactures, markets
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Forever Rich Founder Explains Network Marketing
by Ramya Chandrasekaran • • 0 Comments
A successful real estate executive, now a networking guru, is encouraging Filipinos to improve their livelihood and health through a legitimate multi-level marketing business.
Susan Barlin was already based in the US when she discovered the healing effects of a food supplement called Laminine. She formed Forever Rich Philippines to share the health benefits of the product.
Barlin came back to the Philippines to promote the product locally. “This could be my final advocacy to help Filipinos get out from poverty. This company cannot promise you instant riches but if you believe in our products, that will be your way out from the hardship of life. This will also give OFWs an option for livelihood once they decided to come back to their families,” she says.
“We have a long-term goal. That is why I
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Top Ambit Energy Leaders, Arie And Mali Lengel, Share Their Story
by Tina Williams • • 0 Comments
Arie and Mali Lengel both work for New York City in the engineering and information systems field. Although they were successful and led a comfortable life, after 20 years, they felt like their respective careers had both stalled. They wanted something more, and to have an opportunity to make the most of the talents they weren’t able to utilize at their current jobs.
Then, one night, Mali, while helping their daughter Sharon look for employment, attended a job fair. She saw 2 flyers: Energize your income and Free energy and was intrigued to see a service and not product in MLM. Arie was more hesitant. He remembered some bad experiences from another company, but Mali convinced him to attend an Ambit meeting in Queens to learn more. And that sealed the deal.
“I was
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Mannatech Names Venezuelan Actress Riczabeth Sobalvarro As Brand Ambassador Of Skincare Line
by Nicole Dunkley • • 0 Comments
Mannatech, Incorporated , the founder of the M5M? (Mission 5 Million?) Foundation, the pioneer of nutritional glycobiology and the global innovator of naturally sourced supplements based on Real Food Technology® solutions, announced it has named actress Riczabeth Sobalvarro as the Latina face behind its Generation ?th Skincare System, a three-part skincare combination that cleanses, rejuvenates and hydrates the skin.
As the Latina face of Generation ?th Skincare, Sobalvarro will be seen in upcoming promotional materials for the Generation ?th products and will host events promoting the brand, business and the M5M Foundation cause.
“Riczabeth is a source of genuine beauty, demonstrated not only in her outward appearances but through her giving spirit, and she is an inspiration for today’s generation,” said Mannatech CEO and President, Al Bala. “Her passion for the creative arts, health
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Centralised Regulator For Direct Selling Industry Needed: IICA
by Ramya Chandrasekaran • • 0 Comments
There should be a centralised regulatory mechanism and a mandatory registration process for all direct selling entities operating in the country, a study by Indian Institute of Corporate Affairs (IICA) says. The IICA works under the aegis of India’s Ministry of Corporate Affairs.
The whitepaper on regulation of direct selling in India, called for setting up of a centralised regulatory mechanism to redress the regulatory uncertainty existing in the country.
It also recommended a mandatory registration process for all such entities in the country, on the lines of the mandatory SEBI registration for all schemes soliciting investments.
“Registration for players in the direct selling industry should be done through the proposed central regulatory body for the industry,” it said.
The study also called for drafting clear definition of direct selling “so that law enforcement agencies could easily differentiate