Youngevity® International, Inc., (NASDAQ:YGYI), a leading omni-direct lifestyle company, today announced the acquisition of the Gigi Hill Handbag and Accessory Brand.
The company has also entered into a long-term contract with Gabrielle “Gigi” DeSantis, Co-Founder of Gigi Hill, to lead the integration of Gigi Hill handbags and accessories.
Gigi Hill, based in Orange County California and started in 2007, was born out of the need for women to have more stylish, and functional handbags and luggage. The line will be marketed within Youngevity’s fashion and jewelry verticals where the company believes many strong cross marketing opportunities exist.
Gigi Hill’s new collection is expected to be available in the second quarter of 2018.
“We are extremely honored and excited to join the Youngevity team and its family of brands. We feel Gigi Hill’s unique collection of travel and everyday accessories will thrive within Youngevity’s omni direct platform.
As part of Youngevity, our Stylists should greatly benefit from the robust earning opportunity and cross selling benefits that exists within Youngevity,”
said Co-Founder, Gabrielle “Gigi” DeSantis.
Steve Wallach, Youngevity Chief Executive Officer, said, “We are impressed with the loyal following of the Gigi Hill brand and we are excited to be forging a partnership with Ms. DeSantis. We anticipate this partnership has the potential to
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Youngevity Hires Dr. Sharmila Chatterjee As Managing Director For Russia And CIS Countries
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced the hiring of Dr. Sharmila Chatterjee as the Managing Director for Russia and CIS countries.
Since 2004, Dr. Chatterjee has broad experience working as a Managing Director in Russia, Kazakhstan and Ukraine for direct selling companies and overseeing the different functional areas of business.
Dr Chatterjee also has extensive experience in developing new business, contributing to the growth of her previous company.
“We are thrilled to have Dr. Chatterjee join our team. Her previous successes and experience should help us address more of Russian’s $2 billion direct selling market.”
stated VP of International Sales & Operations, Luke Taffuri.
“She has been the Treasurer and an active member of the Russian DSA and has contributed to many articles pertaining to the retail and Direct Selling Industry in the local press.
Additionally she has supported many projects aimed at promoting entrepreneurship in Russia and charity programs that are affiliated with Olympic sportsmen. Our executive team all recognized her credentials, track record, experience, and knowledge of the direct selling business as the embodiment of the type of leadership qualities we sought for this extremely important position.”
Dr. Chatterjee stated, “I am very excited to have this opportunity
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Youngevity Announces The Opening Of Its Operations In Columbia
by Ted Nuyten • • 0 Comments
Youngevity International, Inc., a leading omni-direct lifestyle company, today announced the opening of its operations in Colombia.
Youngevity has identified Colombia as one of the primary direct selling markets in Latin America. Youngevity announced that this expansion effort will be spearheaded by Country Manager, Angela Sierra, under the supervision of Susana Azócar, Director of Sales and Operations for Latin America.
“I’ve worked with Angela Sierra for the past 10 years, and I’m excited that her experience and skill set are available for this launch,”
stated VP of International Sales & Operations, Luke Taffuri.
“The ability to acquire experienced and seasoned executives that can get up to speed quickly is a strong advantage of Youngevity’s acquisition strategy.”
Ms. Sierra has over 20 years of experience in international commerce and business management in Columbia, including project and operations management for industrial sectors such as energy, hydrocarbons, construction, network marketing, and direct sales.
She also has vast experience in local and international logistic management, and serves as a public and commercial liaison, with a primary focus on continuous improvement of processes, customer service, and innovation.
Located in Bogotá, Youngevity’s Colombian operation occupies 4,520 square feet of office space. The company believes this facility accommodates its associates’ current needs and positions
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Youngevity & CLR Roasters Receives Starbucks C.A.F.E Practices Certification
by Nicole Dunkley • • 0 Comments
CLR Roasters, a wholly owned subsidiary of CLR Roasters,a wholly owned subsidiary of Youngevity International, Inc. (NASDAQ: YGYI) and makers of Café La Rica Espresso, “The Official Cafecito of the Miami Marlins,” recently announced that its Siles Plantation Family Group has received certification by C.A.F.E. Practices, a private Standard established by the Starbucks Coffee Company.
C.A.F.E. Practices, which stands for Coffee and Farmer Equity, ensures that Starbucks is sourcing sustainably grown and processed coffee by evaluating the economic, social and environmental aspects of coffee production.
Starbucks partners with SCS Global Services to ensure the quality and integrity of the third –party verification process. CERES, or Certification of Environmental Standards GmbH, an approved verifier of C.A.F.E. Practices, serves as the third party verifier for the certification.
“We are so proud of Marisol Siles and her team at the Siles Family Plantation in achieving an overall score of 95% from Starbucks C.A.F.E. Practices, led by scores of 100% and 97% in Economic Accountability and Social Responsibility respectively” said Dave Briskie, President and CFO of Youngevity.
“The validity of this certification runs through June 30, 2021. We are optimistic that establishing this very prestigious certification, which is a required first step in forming a supplier relationship with Starbucks, may
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Youngevity Completes Acquisition Of Future Global Vision
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced it has closed the acquisition of the assets of Future Global Vision.
Youngevity is a Triple A classified opportunity by Business For Home, the top rank.
Future Global Vision was formed in March 2013 by Raul Serrano and his team to help people achieve health and personal growth. They have a strong presence in Mexico and are expected to be helpful in future expansion into Latin America.
Along with a hydrogen based nutraceutical product, Future Global Vision brings with them a new product vertical to Youngevity with their fuel additive product line. Their EF products improve fuel efficiency and power in engines for personal vehicles, large trucks, and boats.
Steve Wallach, Chairman and CEO of Youngevity stated,
“We are very pleased to have completed the acquisition of Future Global Vision. This new member of the Youngevity family of brands brings attributes intended to complement the Youngevity opportunity.
With distributors in several Spanish speaking countries and a market appropriate line of fuel additives, this integration should strengthen our position in Latin America. “
“With the closing of this transaction,” said Dave Briskie, President and CFO of Youngevity International,
“Youngevity continues our targeted expansion efforts focused on
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Youngevity International Announces Record Q3 Revenues
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a – Triple A Classified opportunity by Business For Home – a leading omni-direct lifestyle company, today reported financial results for the third quarter and nine months ended September 30, 2017.
Steve Wallach, CEO and Co-Founder of Youngevity, stated,
“I am pleased to see the performance of our international markets contribute to the top line of our direct selling business. We have invested heavily in establishing a global footprint and we believe that we will begin to enjoy returns on these significant investments in the coming quarters.
I am equally pleased to see the revenue growth taking place in our Coffee Division, especially the sales success taking place with our Café La Rica™ Brand.
We expect the strength of this brand has significant potential to bring shareholder value.”
Youngevity President and CFO Dave Briskie stated,
“We invested heavily in creating a platform that is capable of creating top line revenue growth throughout a number of verticals and in various markets across the globe.
We anticipate that we will be able to leverage our platform and drive top line growth. With that said, as we complete 2017 and move through 2018 we will focus on our plans to improve our profitability, expand our liquidity, and strengthen
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Youngevity Accepted As Member Of The Direct Selling Association
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced it has been accepted as a member of the Direct Selling Association (DSA). The DSA is the national trade association for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, typically outside of a fixed retail establishment.
Founded in 1910, the DSA member base includes hundreds of companies, many of them household names, with more than 90 percent being in the network marketing category. DSA member companies are beholden to its Code of Ethics, which is committed to the highest ethical business standards to protect independent sales, representatives, and customers.
Like all member companies, Youngevity was considered a pending applicant for one full year before being approved for membership. The one-year waiting period begins only when all required materials are received and the applicant company is found in compliance with DSA Code of Ethics.
The DSA legal department then conducts a thorough review of each company’s materials, and requests information from various sources, including the Better Business Bureaus and Attorneys General. At the conclusion of the one-year waiting period, the DSA legal department reviews each company’s materials and reevaluates compliance before presenting the applicant to
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Youngevity Celebrates Twentieth Year Anniversary
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, – a Triple A classified opportunity by Business For Home – recently commemorated their twentieth year anniversary at their annual convention entitled “Lead the Change”.
The event which began on August 17 and ended August 20 was held in Dallas, TX at the Hyatt Regency Reunion Conference Center.
In addition to celebrating this momentous milestone, this year’s event featured new product launches and packaging, over 100 breakout sessions, and a brand-new Expo and Hub area that allowed attendees to interact with Brand Champions and learn about the vast assortment of Youngevity products.
The open-concept space offered an immersive experience for distributors in the areas of shopping, networking, demos and product samples. The company created a photo share at www.photos.youngevity.com/ that allowed distributors to easily view and share branded Youngevity event photos. So far there have been 644,755 total views.
Keynote speakers included Connie Podesta, considered an expert in human behavior as it relates to sales, leadership, and personal development and author of seven books and New York Times best-selling author Shawn Achor. Mr. Achor authored “The Happiness Advantage” and is the Founder of GoodThinkInc and Co-Founder of the Institute for Applied Positive Research.
Steve Wallach, Chairman and
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Youngevity Appoints Luke Taffuri As VP Of International Sales And Operations
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company – a Triple A classified opportunity by Business For Home – , today announced the appointment of Luke Taffuri to its management team as VP of International Sales and Operations.
Mr. Taffuri brings more than 22 years of Direct Selling experience in various positions including Chief Operating Officer at Sorvana International, his prior company, which recently was acquired by Youngevity.
At Sorvana he developed and led a global expansion campaign that led to the successful opening of 26 international markets.
The VP of International Sales and Operations position was necessitated because of the growing list of countries in which Youngevity now operates. Recent acquisitions have increased geographic expansion and distribution into eight Asian markets while at the same time Youngevity continues to focus on growing its presence in Latin America and Eastern Europe.
Steve Wallach, Chairman and CEO of Youngevity, said,
“Our entire management team is very excited to announce the creation of the VP of International Sales and Operations role, and believe we found the perfect candidate in Luke Taffuri.
As we continue to transition into a global company, we believe Luke’s experiences and industry relationships should optimize the international growth potential that exist in Youngevity
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Youngevity Completes Acquisition Of Sorvana
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced it has closed the acquisition of the assets of Sorvana International.
Youngevity originally announced entering into a definitive agreement with Sorvana on June 19 of this year.
Sorvana International was formed in November of 2016 through the unification of two natural Wellness companies, FreeLife and L’dara.
FreeLife has been in business for 22 years providing natural wellness products predominantly in the United States, Canada, Australia, and Philippines and L’dara, established in 2013, is known for its award winning patented skin care products.
Steve Wallach, Chairman and CEO of Youngevity stated,
“We are very proud of having closed on the acquisition of Sorvana International. Sorvana embodies so many of the attributes we look for in an acquisition, ranging from the level of quality products, the amount of distributors and customers, and the geographic footprint the company currently has in the marketplace.
We have been seeking to acquire an established company with international distribution and we are very fortunate to have find that opportunity in Sorvana.”
“Closing on this transaction is a great start to the second half of this very exciting year for Youngevity,” said Dave Briskie, President and CFO of Youngevity International.
“The FreeLife and L’dara