January 2022

PM-International AG has surpassed $2 billion in sales for the first time. Annual revenue for the company in 2021 increased more than 35% over the previous year, posting $2.35 billion. The company also announced record growth within the German market, where the company was founded, with more than 35% growth in 2021 compared to 2020.

eXp Realty will expand its real estate operations into the Dominican Republic, Greece and New Zealand during the first quarter of 2022. This announcement follows the company’s rapid expansion last year, during which it opened operations in nine new markets, including Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama and Germany.

In an agreement announced this week, Betterware de Mexico has signed a $255 million agreement to acquire 100% of JAFRA’s operations within the U.S. and Mexico. The acquisition is expected to finalize early this year.

Plexus Worldwide announced it has been recognized as a finalist in the Better Business Bureau’s 2021 BBB Torch Awards for ethics. A Torch Award is the most prestigious honor BBB can present to exceptional organizations for their dedication to integrity and ethical business practices.

Business MLM QNET’s CSR arm wins silver CSR times award. The RYTHM Foundation, QNET’s corporate social responsibility initiative, was recognized by the CSR Times Awards with a Silver Award in the livelihood category.

Herbalife Nutrition was recently recognized with the title “Most Honored Company” in the 2022 Institutional Investor All-America Executive Team Ratings within the category for mid-cap food retailers.

The European Direct Selling Association – Seldia, announced Beatrice Nelson Beer has been elected president. Beer is the chief legal officer for PM-International as well as global head of legal, regulatory affairs, compliance and human resources, and will now serve as chair of the Seldia board of directors for the next three years, succeeding Philippe Jacquelinet, the CEO of Captain Tortue.

Kannaway, a direct selling & network marketing subsidiary of Medical Marijuana Inc., announced it has begun the process of launching operations in South Africa. Leading this expansion will be Duduzile Mathole, a direct selling industry veteran with experience in the local and regional regulations of South Africa regarding cannabis, who has been hired as country manager, South Africa.

In the first nine months of 2021, LR Group – the parent company of direct selling & network marketing organization LR Health & Beauty, has achieved 7.1% growth in sales compared to the same time period in 2020. The sales increase was seen across all regions, equating to EUR 220.8 million.

I have been observing, describing and commenting on MLM business for 20 years. I have experienced so many things on this subject that I could give them to all Polish journalists to the fullest. Or even more. And I thought that nothing would surprise me in network marketing. I was wrong. I was very wrong. Because the DuoLife company took me on an exclusive catamaran cruise in the Adriatic Sea … Amen.