Germany based LR Health & Beauty Systems GmbH (LR), one of the leading suppliers of premium health and beauty products in direct sales, looks back on a successful 2014 with good results.
“With the intensification of our international activities, we will have to face external factors ahead of us with strong internal potential, more flexibility and higher efficiency. In everything we do, we can trust on the support of our approx. 1,100 highly motivated and qualified employees”
International markets: Significant growth in local currency, strong impact of currency effects
In view of the positive development in 2014, Patrick Sostmann, Spokesman of Board of LR, sees a lot of good signs for the future. “In 2014, LR was again able to sustain its growth in local currency and recorded a significant increase in sales at constant
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Javita Launches New Initiative
by Tina Williams • • 0 Comments
Javita is proud to announce the formal launch of JavitaCares, the company’s initiative for charitable giving.
Javita’s founder, Stan Cherelstein, has a passion for helping others. “The underlying mission of Javita is to provide the average person the opportunity to change lives. This mission for changing lives extends beyond Javita’s Members, customers and employees,” Cherelstein said. “We want Javita to be a vehicle which enables others to give back to those in need.”
Since Javita’s founding in 2011, contributions have been made directly to individuals and various charities. Now, the company has formalized its charitable initiative in what it calls — JavitaCares.
JavitaCares mission is to bring about awareness and resources to help enhance the lives of those in need. Donating money and time to charity is one of the most selfless acts
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Mary Kay Expands Into Colombia
by Tina Williams • • 0 Comments
For a global cosmetics company focused on enriching women’s lives, there may be no greater indicator of future success than opening its newest market in the home of Miss Universe. On the heels of Miss Colombia winning one of the most coveted international beauty titles, the iconic beauty brand announces its arrival in Colombia on March 13 with the opening of Mary Kay Colombia.
The globally recognized beauty company was founded by Mary Kay Ash in 1963. After retirement, Ash sat at her kitchen table and wrote a list of the positive and negative things seen in her direct selling career and realized she had inadvertently created a marketing plan for a dream company – one which would provide women with unlimited potential to achieve personal and financial success.
Today, Mary Kay is a $4 billion company with more than 200 skincare,
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Solavei Announces It Will Be Merging With Aspider
by Tina Williams • • 0 Comments
Social commerce network and mobile service provider Solavei filed its plan of reorganization today and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service providers and millions of subscribers throughout the world. Terms of the deal remain confidential.
With over 400,000 people that have become members in the past two years, Solavei will continue to deliver and grow its social commerce network to fulfill its vision of positively impacting millions of people’s lives. With this transaction, the company will continue to operate normally, no services will be interrupted, compensation will be paid on time, and Ryan Wuerch will continue in his role as Chairman & CEO.
Solavei members and employees will benefit from the ASPIDER global mobile virtual enabling
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Herbalife Wins Major Lawsuit
by Tina Williams • • 0 Comments
In a second major win for the week, Herbalife’s newest victory is a mark for things to come. Reuters reports:
Herbalife Ltd (HLF.N) won the dismissal of a lawsuit that claimed the maker of weight-loss and nutritional products fraudulently portrayed itself as a legitimate company, and that shareholders lost money because it was actually an illegal pyramid scheme.
U.S. District Judge Dale Fischer in Los Angeles said that shareholders led by two pension funds did not show that questions raised about Herbalife’s business by hedge fund manager William Ackman and various investigators showed that the company had fraudulently inflated its stock price.
Ackman and his Pershing Square Capital Management LP have campaigned against Herbalife since December 2012, when they revealed a $1 billion bet against the Los Angeles-based company. Herbalife has long denied it is
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Forbes Speaks With Amway’s Steve Van Andel
by Tina Williams • • 0 Comments
Dan Schawbel from Forbes: I spoke with Steve Van Andel, the chairman of Amway, who is responsible for managing daily operations of the company with Amway President Doug DeVos.
Van Andel is the eldest son of Amway Co-Founder Jay Van Andel, who, with Rich DeVos, started Amway in 1959 in Ada, Michigan. Since then, Amway has grown into the world’s largest direct selling company. Over the past two decades, Van Andel has led a strategic transformation of the company with a focus on growth through innovation, driving double-digit growth. Prior to being named chairman, Van Andel served as vice president with responsibility for Amway’s business operations in North and South America. He also served as vice president of marketing.
Recently, Amway acquired the XS Energy Brand, an energy drink brand that has exhibited positive momentum with the next-generation
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Chris Gardner Partners With Zrii
by Ted Nuyten • • 0 Comments
Chris Gardner Partners with Zrii to Create Next Generation Entrepreneurs
Zrii LLC has announced that author, entrepreneur and motivational speaker Chris Gardner has partnered with Zrii to mentor a new generation of entrepreneurs.
Mr. Gardner skyrocketed to international fame for his compelling autobiography, The Pursuit of Happyness, which his compelling, true rags-to-riches story and which became a worldwide blockbuster movie starring Will Smith.
Mr. Gardner has had a longstanding friendship with Zrii Founder and CEO Bill Farley, himself a self-made entrepreneur. Their friendship naturally evolved into a business relationship due to their mutual passion for helping people unlock their potential and experience personal and financial success.
This is the first time that Mr. Gardner has ever endorsed a network marketing company, a fact that Zrii CEO Bill Farley says validates the quality of the
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Hedi Khezrzadeh – Mega Holdings Top Earner Interview
by Ted Nuyten • • 0 Comments
Dr. Hedi Khezrzadeh is Global Ambassador at Mega Holdings and a medical doctor with over 150,000 people in his team.
Est. annual earnings is seven digits. In his team there are several young million dollar earners between 25 -30 year. Mega Holdings is an international Direct Selling company, based in Hong Kong, providing online web hosting services.
Their operations expanded from Asia to the Middle-East, the Gulf States, Turkey, Germany and the rest of the 28 European Union countries and elsewhere worldwide.
Born in Iran, he studied at the Medicine at Tehran University of Medical Sciences and he lives in Kuala Lumpur, Malaysia. Hedi is married to Sarah and the couple has 1 son, Raman. Hedi started as a distributor while at present times he is the international ambassador of Mega Holdings company.
Ted Nuyten
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Damaging Blow: Avon Falls Off S&P 500 For First Time Since 1964
by Tina Williams • • 0 Comments
After a more than fifty-year stay in the index, Avon won’t be in it for much longer.
S&P Dow Jones Indices, the company that manages the S&P 500, announced on Friday that the troubled cosmetics giant will be moved to its MidCap 400 index after the close of trading on March 20.
The S&P 500, which many average and professional investors use as their main benchmark to judge stock market performance, is home to mostly larger companies.
Avon (AVP) is now worth only $3.2 billion. It’s being replaced by underwear and T-shirt makerHanesbrands (HBI), which has a market value of more than $13 billion.
In its statement, S&P Dow Jones Indices said the change was made because Avon was no longer big enough.
A spokesman for S&P Dow Jones Indices added that Avon has been in the S&P 500 since
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“75% Of Irelands Direct Sellers Are Female.”
by Tina Williams • • 0 Comments
BusinessAndLeadership.com reports: Figures released from the Direct Selling Association of Ireland (DSAI) have revealed that 75pc of the industry’s 20,000 direct sellers are now female, while 30pc are stay-at-home mums.
Contributing €50m a year to the Irish economy, direct selling is where goods are sold direct to consumers outside of a fixed shop.
Lynda Mills, director general of the DSAI, said: “There is a new type of female entrepreneur emerging in Ireland – women who are selling products they love and building really strong businesses through direct selling.
“We are seeing more and more women being attracted to direct selling because it can fit so easily around other commitments – whether it’s children, education or another job.”
The figures released by the DSAI are based on its survey of its member companies including Amway, Forever Living and