LR Group, the holding company for LR Health and Beauty Systems, announced double-digit growth trends in sales and profitability in the first six months of 2021. Sales increased 14.3% over the same period of the previous year, reaching EUR 153.2 million. Adjusted EBITDA also significantly increased (15.8%) to EUR 22.7 million in the first half of the year.
Maciej Maciejewski
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NewsNo category
MLM business Isagenix cumulative philanthropic efforts impact 9.5 million people worldwide
Helping enriches the soul. Since its launch in 2002, Isagenix International has committed to giving back. That commitment expanded in 2018, when the company established its ISA Foundation, a 501 nonprofit organization.
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News
INNUBIO Symbiotic – take care of your intestines. New, great products in Polish network marketing
The Polish company INNUBIO, operating in the network marketing system, has released several new, very interesting health products to the market, thanks to which we can take care of our intestines. And it must be remembered that it is in these organs that everything begins. From well-being to immunity and, consequently, proper functioning of the whole organism…
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Kannaway has expanded its operations into Hong Kong and plans to host regional education events for current and prospective distributors about the potential benefits of hemp-derived CBD oil. Whereas eXp World Holdings announced it is expanding its operations into Germany. The company will operate under the eXp Germany banner.
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Finances
The World Federation of Direct Selling Associations announces 2020 direct selling & network marketing business results
WFDSA announced global direct sales & network marketing of USD 179.3 billion for the year-ended December 31, 2020. Excluding China, worldwide retail sales showed a year-over-year increase of 5.8% with all regions around the globe experiencing increases in sales in 2020 versus 2019.
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NewAge Inc. announced its financial results for the second quarter of 2021, reporting a 98% increase in net revenue, totaling $124 million. Gross profit for the quarter reached $84 million, an increase of 120% year-over-year. The company’s EBITDA stands at $1.7 million, with a basic earnings per share of $0.11.
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Finances
Corona Business? Nature’s Sunshine Products reports record second quarter net sales of $109 million
Direct selling & network marketing is growing. Nature’s Sunshine Products reported a 25% increase in net sales, year-over-year, reaching a company record of $109 million. Adjusted net income per diluted share was $0.32, up from $0.28 during the same time period last year.
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Children are the most important. All over the world. They will decide the fate of the planet… A group from Mannatech traveled to Ecuador in late July, visiting several Hope Zones with Kids Around the World and dedicating a special playground for the local community.
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The grand opening of Sanaag Specialty Hospital, located in Erigavo in the heart of Somaliland’s Frankincense resin harvesting region, was announced this week. The hospital, backed by dōTERRA Healing Hands, will provide sustainable, quality healthcare for hundreds of thousands of people living in the remote African region.
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Finances
WFDSA 2020 Report: direct selling & network marketing business global sales totaled 179,3 billion dollars
The World Federation of Direct Selling Associations (WFDSA) announced the results of the year ending December 31, 2020. Total global direct sales reached $179.3 billion and grew 5,8% year-over-year (with the exception of China, which increased 2,3%).