Natura & Co reversed a loss in 2020 to report net income in 2021 of R$1 billion. Mannatech released its fourth quarter of 2021 financial results, revealing a slight increase over the previous quarter, totaling $39.5 million. It was a very good time in the MLM business.
Maciej Maciejewski
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Bogumiła Sroka has been involved in artistic ceramics for many years. She has been working in the MLM industry since 1992. She has been cooperating with the current company since 1994. Together with her husband Jan, who unfortunately died last year, they built the company’s largest structure in Poland. They are diamond manager. Today, let’s introduce her figure and her remarkable achievements at the world level.
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Finances
Nature’s Sunshine, eXp World Holdings, LR Group. It was a very good year in the MLM business
It was a very good year in the MLM business. Nature’s Sunshine net sales in 2021 reach record $444.1 million. eXp World Holdings annual revenue increases 110%. LR Group reaches new sales record in 2021.
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Raypath, PM-International, Nu Skin, Oriflame, Amway, Young Living, 4Life… A number of direct selling & network marketing (DS/MLM) companies released statements this week announcing their efforts to provide relief for the people of Ukraine as well as strong declarations denouncing Russia’s actions.
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Oriflame, a direct selling & network marketing company headquartered in Sweden, announced its fourth quarter and full year 2021 financial results. Included in the report was a sales decline of 12% in 2021, although this drop was significantly less in the fourth quarter than in the third. Adjusted EBITDA also decreased, which was impacted by lower sales and increased inflation, but offset by lowered marketing and administrative expenses.
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Interviews
WHO IS THE NETWORK CHAMELEON? An interview with Łukasz Smoliński – co-owner of S’OUVRE and the person responsible for the development of this MLM business in Great Britain
The only constant in the universe is that everything exists in constant change. The world is undergoing a constant metamorphosis, whether we like it or not. If you look back in the past, you will see huge differences in living conditions. When thinking about business, you should never look back, but look at what the market looks like today and what it will look like in the future.
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News
ENERGETIX officially inaugurated its launch into the new business year. And all that connected online with households
20 years of building a DS/MLM company and business is no small achievement from the standpoint of economics, economy and sociology. The last two years, with many problems related to the coronavirus pandemic, turned out to be a real testing ground for many companies. How did ENERGETIX fare in this area?
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Robert Kiyosaki and his wife Kim started from scratch and became rentiers in less than ten years, achieving financial independence. Robert was born in Hawaii into a fourth-generation Japanese-American family. After graduating from high school, he studied in New York, and having received his diploma, joined the US Navy and was sent to Vietnam as a combat helicopter pilot with the rank of officer.
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Amway’s presence in the home water treatment (HWT) industry in the Asia-Pacific region was recognized by Frost & Sullivan with the 2021 Competitive Strategy Leadership Award. Each year, Frost & Sullivan presents this award to a company that has leveraged its “competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction”.
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With the start of 2022, LR Health & Beauty is launching its new fitness brand LR:GO. New dietary supplements consists of products as well as a holistic coaching package with workout videos, diet plans and expert tips.