ItWorks! is a direct sales company that markets beauty, wellness and weight loss products. It Works! Global has thousands of independent, direct-selling distributors in the U.S., the EU and Australia and continues to climb the ranks in Inc 5000 to the #290 spot from #436 in 2013, #662 in 2012, and #720 in 2011.
Their revenue climbed from $27 Million in 2010 to $456 Million in 2013 and in the last 3 years they’ve more than doubled the size of their staff. Earlier this year they opened up a $10 Million new headquarters and continue to expand their customer base.
It Works! offers a variety of daily-use, instant-results products, including its signature and unique It Works! Wrap, a contouring product that can tighten, tone and firm any area of the body in just 45 minutes. The company currently pays commissions to more than 60,000 independent distributors worldwide.
In 2013 ItWorks! was named No. 1 for the Highest-Dollar Revenue Growth in the Tampa Bay area on the Tampa Bay Business Journal Fast 50 list. The company was also named No. 56 out of 100 on the Direct Sales Industry Top 100 Global Companies list by Direct Selling News.About It Works! GlobalFounded in 2001, It Works! Global
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PartyLite Canada VP/Sales Honoured By Direct Sellers Association Of Canada
by Tina Williams • • 0 Comments
Tracie Graham, Vice President of Sales at PartyLite Canada, was specially honoured by the Direct Sellers Association of Canada at its annual conference held in Halifax, Nova Scotia, where the organization also celebrated its 60th anniversary. Tracie received the organization’s Distinguished Service Award.
According to DSA President Ken Mulhall, the award is presented to individuals who have made a significant contribution to the advancement of the DSA through their involvement in the affairs of the association, in their community or in public service.
“It is with great pleasure that the Direct Sellers Association of Canada is presenting a Distinguished Service Award to Tracie Graham, Vice President of Sales for PartyLite Gifts,” said Mr. Mulhall. “Tracie received this award because she masterfully led the Member Rewards Taskforce to sunset our previous program and launch a new and improved affinity program for the association.
“Also, Tracie has been a great ambassador of the DSA through her participation on the DSA Board of Directors. Tracie’s commitment to the DSA was further acknowledged by her moving into the role of Vice Chair during this year’s Annual General Meeting. The DSA is very fortunate to have Tracie on our team.”
PartyLite Canada was also acknowledged at the meeting for its compliance with
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LifeVantage Announces 4th Quarter Results – Up 8%+ to 56 Million
by Tina Williams • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically validated products, today reported financial results for its fourth quarter and full fiscal year ended June 30, 2014.
Fourth Quarter Fiscal 2014 Highlights:
Revenue was $56.0 million, an increase of 8.8% over the prior year period;
Revenue increased in the Americas by 12.3% compared to the prior year period;
Operating income was $4.8 million and net income was $2.4 million; and
Successfully launched the TrueScienceTM Skin Care Regimen.
Full Year Fiscal 2014 Highlights:
Revenue was $214.0 million, an increase of 2.8% over the prior year;
Revenue increased in the Americas by 6.1% over the prior year;
Operating income was $19.5 million and net income was $11.4 million;
Cash from operations grew 13.5%; ended the fiscal year with cash of $20.4 million;
Repurchased $46.2 million in shares and reduced long-term debt by $16.2 million; and
Began Real Salt Lake Major League Soccer marketing sponsorship.
Douglas C. Robinson, President and Chief Executive Officer of LifeVantage, stated, “We are pleased to report revenue growth for the fourth quarter and full fiscal year. Our sales results reflect reignited growth in North America, partially offset by lower sales in Japan caused by continued distractions. We were successful in leveraging our general and administrative infrastructure while making important investments in sales and marketing, product development and geographic expansion initiatives. Throughout fiscal year
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Americans Go To Capitol Hill To Share Direct Selling Stories With Congress
by Tina Williams • • 0 Comments
More than 400 independent direct selling consultants representing 28 companies, 30 states, Puerto Rico and the District of Columbia met with members of Congress today during Direct Selling Associations (DSAs) second annual Direct Selling Day on Capitol Hill. Participants shared personal stories about how direct selling has helped them achieve business and personal goals to create a better life.
Direct selling empowers entrepreneurs who are building the American economy community by community, said Joseph Mariano, president of DSA. Our industry has a positive story to tell, and Direct Selling Day on Capitol Hill is a great way to explain that our people are the industrys greatest asset.
Participants from all corners of the country related how direct selling which involves the direct sale of products and services person-to-person, through home parties or online through distributor websites has provided them with personal flexibility, the opportunity to own their own businesses and the chance to achieve a variety of personal and professional goals including supplementing their income, receiving recognition for successes and promoting a product or service they stand behind.
Mariano continued, Direct sellers live and work in every state and Congressional district in the country. Its critical that policymakers understand the value that direct
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Herbalife’s Expansion Into Canada
by Tina Williams • • 0 Comments
Herbalife Ltd. (HLF) announced yesterday that it will launch its performance nutrition line, Herbalife24™, in Canada. The comprehensive nutrition package is designed to cater to the daily nutrition needs of athletes. The company has also partnered with the non-profit organization, Common Threads, to target younger age groups in the US as well.
The company’s increased focus on product innovation and relationship building efforts with its target market shows it will continue to expand its operations in the future, disregarding any accusations of it being a pyramid scheme. Products targeted at athletes might turn out to be a significant growth driver for Herbalife in the future.
Herbalife24 is a comprehensive performance-nutrition package, which consists of five products that let consumers modify their nutrition plan to meet their training demands and their daily nutrition needs according to the sport they play. All products in the package have been certified by the Public Health and Safety Organization, NSF International Inc.
Each product was tested to make sure that it contains no banned substances. This certification adds credibility to the products, as athletes need to be assured that the ingredients used are legal and safe. These products do not contain any sweeteners or artificial flavors.
Herbalife realized
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Herbalife To Provide Nutrition Curriculum In Schools Across US
by Tina Williams • • 0 Comments
Herbalife HLF, a leading global nutrition company, announced a long-term partnership with national non-profit organization, Common Threads, to sponsor nutrition programs in elementary and middle schools across the country. The program gives students in over 135 schools in Illinois, Washington, D.C., California and Florida access to nutrition and cooking skills curricula.
“Herbalife is excited to sponsor nutritional programs to help students in these cities improve their understanding of the importance of eating healthy,” said Angela Arboleda, Herbalife vice president of government and community affairs. “It is critical to equip our nation’s young people with the building blocks for healthy living, especially those who do not have access to the resources and information at home. Programs like Common Threads are important for helping children establish healthy eating habits. We look forward to building upon our company’s deep commitment to helping people live healthy, active lifestyles through this long-term partnership.”
The program is geared towards students who do not otherwise have access to well-balanced dietary options in their community or at home. The schools selected for the program are located in neighborhoods across the country that do not have access to fresh produce and other nutritious ingredients. One of the criteria for school selection is that
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Zeek Rewards Receiver May Spread To Canada
by Tina Williams • • 0 Comments
The receiver of defunct ZeekRewards.com is going international in his quest to retrieve “net winnings” from participants in the Ponzi scheme, according to the Winston-Salem Journal.
Kenneth Bell said in a legal filing Thursday he is requesting permission to pursue at least 23 Canadian residents who received a combined $2.91 million. The range of net winnings was $50,863 to $376,808 among the listed participants.
Bell defines net winners are those who had a net gain of at least $1,000 from the scheme.
In August 2012, the U.S. Securities and Exchange Commission accused Rex Venture Group LLC, Zeekler andZeekRewards.com, all of Lexington, and Paul Burks, their principal owner, of raising $850 million through unregistered securities. The companies were shut down and their assets frozen.
The companies raised the money from at least 2.2 million customers, including more than 230,000 in the United States and 47,000 in North Carolina. Bell said net winners received more than $283 million combined.
The filing comes about five weeks after Bell made good on his promise to identify U.S. net winners. He listed about 9,400 individuals in a 217-page legal filing available at www.zeekrewardsreceivership.com. The list contained 15 individuals from Forsyth County, 105 from the Triad and Northwest North Carolina, and 390 statewide.
He said
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Up And Coming Home Party Companies To Keep An Eye On
by Tina Williams • • 0 Comments
Home party companies continue to dominate the direct-selling industry and recently a few newer, rather unheard of companies, have truly been dominating the home party market. Although, Avon, Pampered Chef, Origami Owl, Mary Kay, and Thirty-One remain in the top five over-all, there are a few companies you may want to keep an eye on. According to homepartyrankings.com their 6 month trend has been on a steady upward climb and account for a large chunk of the business.
1. Lulu Avenue, a jewelry company, has had over 105% growth in the last 6 months and has had growth in the last 9 out of 12 months.
2. Jamberry Nails, a one-of-a-kind nail applique company, has had continued growth for quite some time. Growing rapidly and steadily but has remained under the radar. They’re in #2 over the last 6 months with 74% growth.
3. Younique, a cosmetic company that’s leading with the fiber last product, has had tremendous growth, not only in home parties – but in income earners and team growth. Their 6 month history puts them in at third with 68%
4. Jewelry in Candles, a candle company that hides pieces of costume jewelry in their candles, has had a 30% growth
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Avon CFO Resigns
by Tina Williams • • 0 Comments
The Wall Street Journal reported early yesterday morning that Avon CFO, Kimberly Ross, has resigned.
Avon Products Inc. announced Monday that Chief Financial Officer Kimberly Ross is resigning from the embattled beauty-products company, effective early next month, to become CFO at oil-field services company Baker Hughes Inc.
Martin Craighead, Baker Hughes chairman and chief executive, stated that Ms. Ross’s “extensive record of accomplishments spans several industries and is a testament to her effective partnering with operational leaders in various geographies and business environments.”
She begins her new role at Baker Hughes effective Oct. 22.
Avon appointed Avon’s corporate controller, Robert Loughran, to serve as acting CFO as the door-to-door seller of makeup and consumer products searches for a permanent successor. Mr. Loughran is a 10-year Avon veteran and was appointed vice president and controller in 2012.
Avon Chief Executive Sheri McCoy said Ms. Ross “has been a strong leader for Avon over the past three years. I appreciate her partnership as we’ve worked together on Avon’s turnaround journey. We wish her all the best in her new role.”
Ms. Ross stated that she is proud of the work accomplished by the Avon team. She also stated that she thinks Avon “is laying the right foundation for the future, and I look
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ViSalus Will Launch New Products At USA Convention
by Tina Williams • • 0 Comments
Thousands of Vi Promoters and Customers from all over the world will come together at Vitality 2014 on September 12-13 at the George R. Brown Convention Center in Houston, Texas for an unforgettable celebration of Life, Health and Prosperity.
During this annual event, ViSalus will officially launch four new wholesome and nutritious Vi product options that will provide consumers with a fast and convenient way to recharge their bodies while pursuing their weight-loss and fitness goals.
Additionally, the ViSalus Founders, who recently reinforced their commitment to the company by going “all-in” through a management buyout, will share their excitement and vision for the future of ViSalus.
One of the biggest launches at the event will be the unveiling of four original items in a new product category for the company.
ViSalus Co-Founder and CMO Blake Mallen will explain the marketing, tools and social campaign supporting the new items, which are designed to completely change how people eat and make goal-setting tastier and more convenient.
“These products will help individuals on The Challenge ‘lose it’ or ‘build it’ with options that make healthy eating part of their everyday lifestyle, rather than a diet,” said Mallen.
Pre-launch excitement has already been gaining momentum via clues provided as