News

The D. Gary Young, Young Living Foundation will be sponsoring a six-day service trip to Chongón, Ecuador to expand its Young Living Academy, specifically the preschool music and art building. More than a dozen people will travel to the school for the service trip and to meet with their sponsored students and families.

Coway Co. will begin construction of a solar power plant in Paju, Gyeonggi Province, South Korea on the roof of iOBED, the company’s subsidiary, in early 2023. This new plant is estimated to provide an annual capacity of 800 KWh and will play an important role in Coway’s ESG initiatives, which seek to minimize the negative environmental impacts of the company’s operations and reinforce its sustainability efforts.

Medifast, the parent company of direct selling organization OPTAVIA, was recognized by FORTUNE Magazine for the fourth consecutive year on its list of 100 fastest-growing companies. Medifast ranked number 61 on the list, which ranks companies based on profit, revenue and stock returns across a three-year period, and was the only health and wellness company included.

Betterware de Mexico announced appointment of Karalee Mora as the chief executive officer of JAFRA USA. Mora joins Betterware with 18 years of experience in direct selling & network marketing. She acquired extensive knowledge of the industry in senior marketing positions at companies such as dōTERRA and Perfectly Posh.

Amway Philippines, part of Amway Corporation, was recognized as one of the best places to work in Philippines. The Best Places to Work international certification program identifies workplaces around the world that deliver outstanding work experiences with the highest standards of working conditions for their employees.

Avon announced it will be establishing new research and development operations in Brazil and Poland, two of the largest markets in its business. The reason was disclosed as “to further deliver the Global Innovation Programme and realise significant cost efficiencies”. As a result of this decision, Avon will be closing its research & development operations in New York, U.S.

This is an amazing business and family story. Already the third generation is in command of this network marketing concern. Ryan Rogers to become the new CEO of Mary Kay Inc. following the retirement of David Holl.

Penny AI is launching Learning Solutions to empower social sellers with engagement-based micro-learning. Having raised $27 million in Series B funding, Penny is committed to investing in onboarding, continuous learning and social commerce to innovate how sellers are set up for success from day one.

The board of directors of Herbalife Nutrition announced that Michael O. Johnson has been appointed chairman and interim chief executive officer, succeeding Dr. John Agwunobi, who is departing the company. Michael O. Johnson was a member of the board and the former chairman and CEO of Herbalife.

Tupperware published its 2022 ESG Report. The report details the company’s commitment to further integrating environment, social, and governance efforts into its business strategy as part of its ongoing Turnaround Plan.