News

Thermomix hosted more than 250 distributors from the U.S. and Canada at its 2023 Annual Thermomix ROAR Conference: Round Up & Roar in Austin, Texas. At the event, the company emphasized a commitment to its U.S. expansion strategy and announced plans to move its corporate headquarters from Thousand Oaks, California to Dallas, Texas by the end of 2023.

The World Federation of Direct Selling Associations (WFDSA) released its annual publication detailing the specific results and data surrounding the trends and dynamics within the direct selling industry, as well as global, regional and country-specific results.

Herbalife released its second global sustainability report, titled Global Sustainability Report: Live Your Best Life. The report highlights the company’s efforts and achievements across its three areas of priority, including quality product, healthy people and communities, and a thriving planet. These strategies are informed by stakeholder priorities, enterprise risks and is aligned with the United Nations Sustainable Development Goals (SDGs).

The Family Place, the largest provider of family violence services in Texas, announced it will present the Texas Trailblazer Award to Mary Kay Inc. chief executive officer Ryan Rogers. The ceremony is set to take place at the 27th annual Texas Trailblazer Awards luncheon in Dallas, Texas, where Rogers will be honored for his achievements, success and commitment to opening the doors of opportunity for others.

Kannaway, the direct selling division of Medical Marijuana, announced the acquisition of eXfuse, LLC, dba KZ1, a Japan-based network marketing company. This acquisition is expected to add approximately 1,450 distributors to the company’s sales force in Japan, which the company believes will be a benefit as it ramps up its business in the Japanese market. It will also introduce nootropic-focused products to Kannaway’s current line of CBD, natural health and beauty products.

Nu Skin announced the appointment of James D. Thomas as executive vice president and CFO. Thomas has been serving as interim CFO for the past four months and has been the company’s chief accounting officer for the past four years.

Medifast announced the debut of OPTAVIA ACTIVE, a line of exercise supplements and protein powders designed to help customers of all fitness levels optimize their motion habits. This new launch is an effort by Medifast to capture more market share opportunities.

dōTERRA announced the appointment of Jeff Singer as its new chief operating officer. In this role, Jeff will join company’s executive council and oversee the operations in supporting the company’s mission to share the highest-quality essential oils with the world as they triple their impact by 2030.

Amway released its 2023 Global Entrepreneurship Report. The study covered 15,000 adults in 15 countries worldwide.

LifeVantage Corporation will visit the Nasdaq MarketSite in Times Square as part of its ongoing celebration of the launch of its LV360 transformation initiatives, and president and chief executive officer Steve Fife and LifeVantage executive staff and top field leaders will ring the Nasdaq stock market closing bell on Friday, July 21.