MLM News

Monday, October 30, 2006

MLM Company Mannatech Under Investigation In Texas

MLM company Mannatech, a Dallas-area company that sells sugar pills touted to cure cancer, Down syndrome and a panoply of other conditions, is under investigation by the Texas Attorney General's Office for possible deceptive trade practices.

"Mannatech has made unproven health claims about its products, such as the ability to cure cancer and numerous other ailments," the AG's office wrote in an Oct. 24 response to a public information request. "The claims are not approved by the Food and Drug Administration, making the claims potentially in violation of both state and federal law."

Wednesday, October 25, 2006

MLM Company Lifespan Announces Agreement With Optigenex

Optigenex Inc. announced today the signing of a Marketing,
Distribution and Trademark Agreement with MLM company LifeSpan
International for skincare and dietary supplements utilizing
its patented compound AC-11(R) in North America. The Agreement
will allow LifeSpan to purchase bulk AC-11(R)raw material from
Optigenex Inc., to formulate, manufacture and market their
private labeled brand of supplements using the registered trademark
AC-11(R). In addition, Optigenex Inc. has agreed to manufacture for
LifeSpan its exclusive line of Next Generation Anti-Aging Skin Care
Products featuring AC- 11(R).

MLM Company Herbalife Launches New Skin Care Products

MLM company Herbalife Ltd., a global nutrition direct-selling company, launched several new products in its Skin Activator line of anti-aging skin care, containing a glucosamine complex clinically shown to firm and smooth skin while reducing the appearance of fine lines and wrinkles.

Glucosamine is an amino acid with both internal and external benefits. Just as it is known for supporting joint health internally, it also serves as a building block for skin cells.

Tuesday, October 24, 2006

MLM Company Herbalife Launches New Product

MLM company Herbalife Ltd., a global nutrition direct-selling company, is launching Best Defense, an effervescent tablet that boosts the bodys immune system.

The dietary supplement contains a powerful combination of echinacea, standardized as 15 percent polysaccharides to boost immunity(a); 25 mg of zinc sulfate, clinically shown in a study to support the bodys immune system(a); and 1000 mg. vitamin C, a powerful antioxidant.

Friday, October 20, 2006

MLM Company USANA To Open In Malaysia

MLM company USANA has announced that it has received its business license in Malaysia and will begin operations there in the first quarter of 2007. According to the World Federation of Direct Selling Associations, Malaysia is one of the top 15 markets for direct selling, with approximately $1.4 billion in annual sales. Malaysia will be the 13th market where USANA products are sold and distributed through its worldwide network of more than 145,000 independent Associates. The USANA Malaysia facility will be located in Petaling Jaya and will contain administrative offices, a distribution centre, Associate meeting rooms, and a call centre.

“We are very excited to offer the USANA products and business opportunity in this growing market,” Mr. Wentz said. “Our network marketing system and science-based products have proven to be successful in several markets within this region, and we hope to achieve similar long-term success in Malaysia.”

“We believe this important step in USANA’s global expansion efforts will further diversify our Associate base, and, coupled with our continued growth in our more mature markets, further support our goal of strong, long-term growth,”
Mr. Wentz concluded.

Negative Market Reaction To MLM Company USANA's Q3 Earnings

Shares of MLM company USANA Health Sciences Inc. fell Wednesday, a day after the maker of health and beauty products came in slightly below analyst expectations with both its third-quarter earnings and fourth-quarter outlook.

Shares fell $3.48, or 7 percent, to $45.34 in afternoon trading on the Nasdaq with above-average volume. The stock has traded between $35.06 to $48.92 and is up about 27 percent from the beginning of the year to Tuesday's close.

Ed's Note: negative comment at "Motley Fool" - Where Are The Earnings USANA?

Wednesday, October 18, 2006

MLM And Direct Sales In Czech Republic

Tupperware Czech Republic, one of the leading Czech direct sale providers, saw its losses grow to CZK 31 million last year from CZK 16 million in 2004. In contrast, sales rose by nearly CZK 47 million year-on-year to CZK 155.9 million.

Turnover of eight companies grouped in the Czech association of direct sale (AOP) grew by 8 percent to CZK 4.2 billion last year. According to AOP estimates, the companies account for more than a half of the total turnover from Czech direct sale.

MLM Company USANA Reports Q3 Results

MLM company Usana Health Sciences Inc., a maker of nutritional and beauty products, said Tuesday its third-quarter profit edged up 2 percent, but earnings per share fell a penny short of Street estimates. Income for the quarter was $10.2 million, or 55 cents per share, up from $10 million, or 51 cents per share, last year. Revenue for the quarter was $95.2 million, up 16 percent from $82.2 million last year

Tuesday, October 17, 2006

MLM Companies Team Up In Approach To China

The idea of Coke and Pepsi working together to introduce cola to an uninitiated foreign country is unbelievable.

But that's essentially what the marketers of tropical juice drinks - and vitamins, skin-care products and nutritional supplements - are doing this week in China.

Normally, Nature's Sunshine, NuSkin, Tahitian Noni and USANA executives would be strategizing a way to cut into each other's profits. But in meetings with leaders of the State Food and Drug Administration Monday, the Utah MLM companies banded together to ask Chinese regulators to consider comparing their rules to those in other countries.

Thursday, October 12, 2006

MLM Company Amway Chooses Melbourne For Asia Convention

Melbourne has been chosen as the host city for the Amway China incentive and training conference in 2008.

It was reported that the Amyway incentive and training conference will attract over 10,000 delegates from Greater China including Hong Kong.

Wednesday, October 11, 2006

MLM In Nigeria - One Woman's Success Story

Ed's Note: MLM in Nigeria? Sounds like the ultimate scam, right? However, came across this story which seems genuine enough. Inspiring story plus some background on the business in Nigeria.

Friday, October 06, 2006

MLM Company Herbalife Expands Nutrition Advisory Board

MLM company Herbalife Ltd., a global nutrition direct selling company, announced the addition of six doctors to its Nutrition Advisory Board (NAB).

The appointments of Drs. Julián Álvarez García (Spain), Laszlo Halmy (Hungary), Patricio Kenny (Argentina), Nikolaos Sitaras (Greece), Pierre Zelissen (Netherlands) and Jean de la Tullaye (France) reflect the companys commitment to supporting its independent distributors more closely at both a regional and local level.

MLM Company Herbalife Extends Charity Program

The Herbalife Family Foundation (HFF) has established two new Casa Herbalife programs at Ministerios de Amor, A.C. in Mexico and Acres of Love in South Africa, supporting children in need through good nutrition.

In 2005, HFF introduced Casa Herbalife, a program to help provide healthy and nutritious meals by partnering with existing charities serving children. This program for children-at-risk is named after Casa Herbalife, an orphanage the HFF built in Brazil in 1998 and continues to support today.

MLM Company USANA Schedules Q3 Earnings Call

MLM company USANA Health Sciences Inc. today announced that third quarter results will be released after the close of market Tuesday, October 17, 2006; USANA executives will hold a conference call to discuss the announcement with analysts and institutional investors on Wednesday, October 18, 2006 at 11:00 a.m. ET.

The call will be broadcast over the Internet and can be accessed at http://www.usanahealthsciences.com.

Tuesday, October 03, 2006

MLM Company Amway Reopens In India

Police in India's sixth-largest city briefly closed down the offices of MLM company Amway, idling more than 80,000 distributors.

Police in Hyderabad, a city nearly the size of Los Angeles, closed the Amway offices Wednesday, claiming the company's business model is illegal.

Distributors were back in business Friday after the high court in Andhra Pradesh granted an injunction to the company, allowing business to continue, according to Indian media reports.