Why the direct selling and network marketing industry experiences such a fast growth? Why are the products in this business so popular? CapTech conducted a survey to better understand how consumer purchasing behaviors, perceptions and needs have changed during the COVID-19 pandemic.
Maciej Maciejewski
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Finances
SCIENTIFIC WORK. Role of the media in informing the public and public administration bodies about illegal financial pyramids
Nowadays the media and investigative journalists take full responsibility for revealing and reporting many irregularities and notifying them to the public via common media. This is very important because the financial losses of investors due to the bankruptcies of the pyramids are significant. This weakens the public confidence in public administration responsible for law in the state.
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To contribute to ongoing relief efforts in India, Amway has donated $500,000 to a foundation led by the U.S. Chamber of Commerce. Amway is part of a coalition of leading companies, nonprofits and associations that have come together to support the COVID-19 relief efforts in India. Amway’s donations will deliver critical medical supplies and assistance to the country, including 1,000 ventilators and 25,000 oxygen concentrators.
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dōTERRA announced the expansion of its presence in Southeast Asia with the grand opening of its operations in Thailand. doTERRA Thailand will be headquartered in Bangkok’s financial district and will offer 80 products to its local Wellness Advocates.
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I had a dream… Seriously, I once had a dream like that. There was an empty city, not a soul. And there I was, and I felt like screaming, ‘wake up’. What was the meaning of it? Well, it’s a job for psychologists and psychiatrists. Anyway, nowadays I feel exactly the same.
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Natura &Co, the umbrella company for Avon, Natura, The Body Shop and Aesop brands, has raised $1 billion in bonds linked to sustainability initiatives. The seven-year note will carry an interest coupon of 4.125% per year and is the single largest Sustainability Linked Bond ever issued in Latin America to date.
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MLM system awarded again. Coway was recognized for its product design excellence for the 15th consecutive year by the Red Dot Design Award and for the 13thconsecutive year by the iF Design Award.
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News
PM-International’s FitLine Nutritional Supplement Now the Official Partner of the Korea Professional Golf Association
PM-International Korea has entered into an agreement for a third sports partnership in the Asia-Pacific region. Already a cooperative partner with the Korea Wrestling Foundation and the Korean Table Tennis Association, the most recent agreement will now make the company’s FitLine nutritional supplements the official partner of the Korea Professional Golf Association (KPGA).
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USANA Health Sciences along with its Chinese subsidiary, BabyCare Ltd. announced a research collaboration agreement with the Beijing University of Chinese Medicine (BUCM). Through this partnership, USANA and BUCM will share research to unite modern nutritional science with Traditional Chinese Medicine and potentially improve the health and wellness of people around the world.
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NewAge Inc. announced that it is experiencing record growth in its European market, including exceeding records for net revenue growth, new distributor enrollment and attendance at its virtual events.