MLM Company NuSkin to open in Russia

Following Amway another major American cosmetics manufacturer, Nu Skin Enterprises, is coming to Russia. American company Nu Skin specializing in direct sales will start operating in Russia on April 24. Two of three company lines will be represented in Russia: Nu Skin cosmetic brand, and Pharmanex bioactive supplements. The Russian direct sales market volume makes up $ 4 bln., 90% of which fall at cosmetics. Chain retail trade is not developed in regions so direct sales replace it successfully. However, Nu Skin will face serious competition: Oriflame, Faberlic and Amway are represented in Russia.

MLM Company Amway hopes to increase turnover in India

Amway India, a health and beauty direct selling FMCG company, on Friday announced its plans to target a turnover of more than Rs 700 crore in Septmber-August 2006 as against Rs 633 crore in the corresponding period of last year.

Comment: MLM company Amway's plans for India.

CORRECTING and REPLACING USANA Reports Record First Quarter Net Sales

Correction to previous release.

MLM Company Herbalife Sponsors Series of Events in California; Company Signs Two Los Angeles Galaxy Players

MLM company Herbalife Ltd. announced a series of new sponsorships in southern and northern California. The company's sponsorship strategy is to enhance the Herbalife brand image by associating with health and fitness and sports-related activities and provide a forum for local independent distributors and consumers to talk face-to-face and sample the company's unique products, including its new patented energy drink, Liftoff(TM).

This is the latest in the company's extensive sponsorship program.

MLM Company Herbalife Sponsors Poland's Premier Marathon Event

MLM Company Herbalife Ltd.announced its sponsorship of the Warszawski Festiwal Biegowy (Warsaw Run Festival), which includes Poland's largest marathon event as its center piece. The three day sporting event, which also comprises a marathon relay, a fun run and expo, is held September 15-17, 2006.

Originally open only to professional athletes when it was founded at the beginning of the 20th century, the Warsaw Marathon now attracts a wide range of participants from all walks of life. Last year attracted a record field of more than 2,000 runners from 30 countries and five continents and several thousand more spectators.

As official sponsor, Herbalife joins a significant range of dynamic brand names including marathon title sponsor Flora. As part of the three year sponsorship deal which runs through 2008, the traditional fun run will be renamed the 'Herbalife Fun Run.'

MLM Company USANA First-Quarter Profit Rises

"USANA Health Sciences Inc., a maker of nutritional and beauty products, said Tuesday its fiscal first-quarter profit rose 7 percent as sales climbed.

For the quarter ended April 1, the company, which sells its products mainly through independent distributors it calls associates, earned $9.6 million, or 50 cents per share, up from $8.9 million, or 45 cents per share, during the same period a year ago.

Sales jumped 17 percent to $89.7 million from last year's $76.6 million."

Comment: Good first quarter results from MLM company USANA.

Students allege scam by MLM Company Quixtar

Staff members of the company Quixtar Inc., a marketing company facing multiple corruption allegations, have been targeting Boston University and Boston-area college students in attempts to recruit new members, according to recent reports.

Quixtar, based in Ada, Mich., is a multilevel marketing company that hires salespeople for its own lines of products, ranging from vitamins to cosmetics.

Comment: More controversy for MLM company Quixtar. Insight into the "training tools" issue as well.

Amway In Russia

An American corporation Amway, one of the biggest direct sale companies, stroke the balance for the year of operation in Russia. From March 2005 through March 2006 the sales volume amounted to over $100 mln. Presently over 300 000 independent Amway entrepreneurs cooperate with the company.

The considerable success of our company in Russia is the evidence of the growing interest of Russians in building up their own business what facilitates people's welfare improvement and it surely testifies the constant demand for high quality products, said Leshek Krenchelevski, Director General of OJSC Amway.

To date affiliated branches of the company operated in 6 biggest cities of Russia: Moscow, Saint Petersburg, Nizhni Novgorod, Samara, Novosibirsk, Rostov-on-Don. Amway constantly extends its range of goods that presently includes over 70 items. Within this year the company expects to increase its amount up to 100 positions.

MLM Company Amway may take some India-only products abroad

The concept of direct selling is picking up in India with sales estimated to be around Rs 2,700 crore and growing annually at 15-20 per cent, according to Mr William S. Pinckney, Managing Director and CEO, Amway India Enterprises.While he did not foresee immediate plans to make India a global manufacturing hub for Amway, he expected some of the products marketed by Amway exclusively in India to find their way abroad.

Comment: Interview with update on MLM company Amway in India.

MLM Cupofmoney.com Contracts with Millionaire Trainer Dani Johnson

Cupofmoney.com, an affiliate of Gano Excel has contracted Dani Johnson to head up their success training as they expand into 100 countries. Dani Johnson went from being a broke cocktail waitress to a millionaire at the age of 23. Her proven success training titled 'First Steps to Success' is highly regarded internationally as one of the top home based business training seminars.

MLM Company Herbalife Signs 129,600-SF Build-to-Suit Deal with IDI

Herbalife signed a 10-year lease to occupy Building K at IDI's Chickasaw Distribution Center, a 4.6-million-square-foot master-planned business park. The building, now under construction at the park, will be Herbalife's regional fulfillment center. The company is scheduled to occupy the space September 1. Mike McRoskey and Frank Scott of Staubach Los Angeles and Andy Cates of Colliers Wilkinson Snowden represented Herbalife in the $6.3 million deal.

Comment: MLM company Herbalife building a new distribution center.

MLM Company XanGo Advances Asian Market Presence With Japan Grand Opening Celebration

Advancing its presence in the Asian market, XanGo LLC, recognized creator of the mangosteen supplement category, held its Japan Grand Opening on March 31 in Yokohama with an enthusiastic crowd of nearly 2,000 independent Japanese distributors joining in the celebration.

“XanGo is setting its sights high in the land of the rising sun. As a category creator, we are thrilled to advance the mangosteen and xanthone category in the Asian market. XanGo is committed to building a productive dialogue with Japanese consumers about the power of the mangosteen and the science of xanthones. And we are looking forward to helping many of our Japanese distributors realize life-long dreams,” said Gary Hollister, XanGo CEO.

Comment: Fast growing Xango continues its global expansion.

MLM Company Herbalife Ltd. Announces First Quarter 2006 Earnings Release Date and Conference Call

Herbalife Ltd. (NYSE:HLF) will release its first quarter 2006 financial results after the close of trading on the NYSE on Wednesday, May 3, 2006. The following day, Thursday, May 4, 2006 at 8:00 a.m. PT (11:00 a.m. ET), Herbalife's senior management team will host a conference call to discuss these results.

Comment: Herbalife's results will give an indication of the state of the MLM industry at the start of 2006.

MLMScamZone.com Has Found The Key To Legitimate MLM, for Scam-Free Business Successes

MLMScamZone.com Has Found The Key To Legitimate MLM, for Scam-Free Business Successes:

"After years of research and thousands of dollars, MLMScamZone.com has cut through the scams masquerading as lawful networking, and has discovered the single most successful, legitimate MLM business opportunity"

Comment: Obviously this press release is a lead generation tactic for an MLM opportunity. However, the site www.MLMScamZone.com does have some useful information about a number of MLM companies.

MLM Company Amway In India

"The growth of Amway India has staganated, almost unwavering in the last three years.

The managing director and CEO of Amway, William Pinckney, while talking to Business Standard on Monday, said, 'The turnover in India has remained more or less same during the last two years. This was a consolidation period for us as the volume was almost the same.'

For the first time, since its inception, Amway's annual turnover nose dived during the last financial year. Amway, which has September to August financial year, ended year 2004-05 in August 2005 with Rs 633 crore turnover as against Rs 636 crore in 2003-04."

Comment: Interesting that Amway seems to be struggling a little in this new MLM market.