MLM News

Saturday, July 29, 2006

MLM Group Alticor Acquires Gurwitch Products

MLM group Alticor Inc. today announced that it acquired Gurwitch Products, a luxury cosmetics and skin care company that develops, manufactures and markets cosmetics under the brand name Laura Mercier®, from The Neiman Marcus Group.

Thursday, July 27, 2006

Number Of MLM Companies Presenting At Canaccord Adams Annual Seminar

MLM companies including USANA and Herbalife presenting at the Canaccord Adams annual investment conference featuring small and mid-cap growth companies.

MLM Company USANA Increases Share Repurchase Program

MLM company (listed on NASDAQ) USANA Health Sciences Inc. today announced that its board of directors has authorized an additional $40 million for share repurchases of its outstanding common stock.

New MLM "Tag" Site

A new advertising system is available at GotMLM.com that can bring exposure and traffic to any business for an affordable price. GotMLM.com is the niche “tag” site for the multi-level marketing (MLM) or network marketing industry.

Korean MLM Company JU Group Embroiled In Scandal

The police on Wednesday caught elusive JU Group chairman Joo Soo-do, who had been on the run for nearly 40 days after being charged by law enforcement authorities for fraud and embezzlement. JU Group, Korea’s largest MLM and network marketing operator with more than 300,000 members, is facing suspicions that it used unlawful sales methods to strengthen its market position in recent years.

Wednesday, July 26, 2006

More Details On Refinancing By MLM Company Herbalife

MLM company Herbalife Ltd., formerly known as WH Holdings (Cayman Islands) Ltd., and its indirect subsidiary Herbalife International, Inc. (together, "Herbalife" or the "Company") announced today the completion of its previously announced refinancing of its existing $225.0 million senior secured credit facility. The new $300.0 million senior secured credit facility consists of a $200.0 million, seven-year term loan and a $100.0 million, six-year revolving credit facility. Merrill Lynch, Pierce, Fenner & Smith Inc., J.P. Morgan Securities Inc. and Morgan Stanley served as joint lead arrangers and joint book-runners on the transaction.

FTC Enforces Suspended $120M Judgment On MLM Company Seasilver

MLM company Seasilver, which the FTC claimed sold a "phony cure-all", has been ordered to pay $119,237,000 for failing to comply with a previous order requiring them to pay $3 million in consumer redress.

Editor's Note. This effectively means the end for Seasilver.

Sunday, July 23, 2006

Possible NZ Buyer For Failed Australian MLM Company Omegatrend

Listed health product manufacturer New Image Group has negotiated with administrators to buy failed Australian MLM company and beauty product marketer Omegatrend International.
New Image said yesterday that it would buy the business through its direct selling division - in which people set themselves up as distributors and buy products at wholesale prices for personal use or to sell for profit.

MLM Company Amway's Annual Nutrilite Health Run In Shanghai

NEARLY 20,000 people took part in MLM company Amway's annual Amway Nutrilite Health Run in Shanghai yesterday morning despite heavy rain.

Organizers planned for this year's run to show support for the 2007 Special Olympics, which will be hosted in Shanghai. Amway China Co Ltd promised to donate 1 yuan (12 US cents) to the Special Olympics for each participant in the run, and several other similar events held yesterday across the country.

Friday, July 21, 2006

MLM Company AmeriPlan USA Shut Down In Montana

Montana State Insurance Auditor John Morrison has issued an order to AmeriPlan USA, a multilevel marketer of medical care discount cards, to Cease & Desist all business in the state. The state auditor claims AmeriPlan had failed to contract with any medical doctors or chiropractor anywhere in the entire state, and with only one dentist. The AmeriPlan web site and some of it's distributors allegedly claimed to have a substantial number of medical care providers, dentists and chiropractors contracted in Montana that had agreed to provide a discount to those who purchased the AmeriPlan card. The state auditor's office claims AmeriPlan has 700 members in Montana who are unable to use the discount cards because there are virtually no providers in the state.

Editor's note. This item is from the latest edition of Len Clements' "MarketWave Alert" (#63) which you can details of at http://www.marketwaveinc.com

MLM Company Hebalife Completes Debt Refinancing

Herbalife Ltd., a holding company of Herbalife International, MLM company and maker of weight control programs, said Friday it refinanced an existing $225 million senior secured credit line and will take a one-time charge related to the refinancing.

The company said it closed on a $300 million senior secured credit facility, which consists of a $200 million, seven-year loan and a $100 million, six-year revolving credit facility.

Thursday, July 20, 2006

Product Relaunch From MLM Company Herbalife

MLM company Herbalife Ltd, a global weight management and nutrition direct selling company, launches its reformulated Garden 7(R) dietary supplement with the phytonutrients equivalent to seven servings of fruits and vegetables.

Young Acquisitions Corporation Purchases MLM Distributorship

Editor's Note. Press release with details about an investment company that purchases MLM and Network marketing distributorships. New avenue for MLM distributors and Network Marketers to cash out their business.

Tuesday, July 18, 2006

MLM Company USANA Announces 2nd Quarter Results

MLM company USANA Health Sciences Inc. today announced record net sales for the fiscal second quarter of 2006 (ended July 1). Consolidated net sales in the second quarter of 2006 increased 14.5% to $93.9 million, compared with $82.0 million in the second quarter of the prior year. This is the highest level of quarterly sales recorded in the company's history. Net sales growth for the second quarter of 2006 was driven primarily by a 13.6% increase in the number of Active Associates, compared with the second quarter of the prior year.

MLM Company Herbalife Appoints New MD For India

MLM company Herbalife Ltd. announced the appointment of Shekhar Sethu as managing director, India.

In this capacity, Sethu will be responsible for all business operations. Sethu has over 15 years experience managing retail and consumer product brands in India and South Asia, with an extensive background in sales, marketing, and strategic planning.

Saturday, July 15, 2006

MLM Company Herbalife Endorsed By "Fit For Business"

Fit For Business on Friday said it decided to include MLM company Herbalife's branded nutritional supplements in its wellness programs. The company decided the natural ingredients used in Herbalife supplements will support the healthy lifestyle their corporate wellness programs promote.

Tuesday, July 11, 2006

MLM Companies Nature's Sunshine And SweetLiving Announce Alliance

MLM companies SweetLiving LLC and Nature's Sunshine Products today announced a cooperative effort that will help to expand the reach of SweetLiving's health and wellness products. Under terms of the agreement, Nature's Sunshine has committed to provide SweetLiving with an undisclosed amount of financial support and additional corporate resources to help the company continue to grow. In turn, Nature's Sunshine will have the ability to offer its network of distributors and customers with products formulated by SweetLiving. SweetLiving is a direct-selling organization promoting the unique and wide-ranging health benefits of Xylitol, a natural sweetener found in fruits, vegetables and other natural sources.

New MLM And Network Marketing Directory Site

WiredBiz Media Inc. is pleased to announce the launch of WiredBIZ.com, the world’s largest network marketing search engine and directory.

With over 2,000 searchable and categorized links already, WiredBIZ is moving full steam ahead as the “go to” source for the lucrative and ever-growing MLM and network marketing industry.

MLM Company Amway's 30 Years In Malaysia

THIS is a busy year for MLM company Amway Malaysia. There is plenty to celebrate. Thirty years after starting out in a shoplot, it is now listed on the main board of the KLSE with a sales revenue of RM507mil in 2005.

Editor's Note: Article in the "Malaysia Star" looking at Amway's business in Malaysia on its 30th anniversary.

Strategic Alliance Between MLM Companies Youngevity And NuVANTE

International Nutritional Products and MLM Company Youngevity® announced today its strategic alliance with Austin-based MLM and network marketing company, NuVANTE™. NuVANTE’s™ skincare line for men, women, and children will be added as an independent brand to Youngevity’s® expanding line of nutritional supplements, cutting-edge personal care and wellness lifestyle products.

Youngevity®, well known in the network marketing industry for its emphasis on high-quality mineral and liquid nutritional products, is the only MLM company to achieve authorized Health Claims through the FDA. This marks the fifth time Youngevity® has aligned itself with another similar MLM company within the past 26 months. The companies have seamlessly united under one vision, further increasing long-term stability, as well as growth opportunities for distributors from all companies.

Friday, July 07, 2006

MLM Lead Company Announces International Expansion

FK Marketing, a leading provider of MLM Leads, today announces the International expansion of it's online MLM Leads portal, VirtueData.com. Customers can now order Real Time Leads in 4 English speaking countries.

Second Quarter Reporting Season Approaching For MLM Companies

The second quarter earning reporting season is approaching for MLM companies. USANA (conference call on July 19) and Herbalife are among the MLM and Network Marketing companies who will be reporting in the coming weeks.

A Look At The Economics Behind MLM And Network Marketing

A new case study reveals a home-based business model that is sweeping the globe because of it's efficiency, pricing advantages, and marketing simplicity. Commonly referred to as the M2C model...

Editor's Note: This is an interesting article taking a look "behind the scenes" at some of the economics amd business dynamics that underpin the MLM and Network Marketing business model. Well worth a read.

Thursday, July 06, 2006

MLM Company AMS Health Sciences Completes Private Placement

MLM company AMS Health Sciences, Inc. (AMEX:AMM) announced today the successful completion of a $2,000,000 private placement financing through the sale of Secured Convertible Notes and Warrants to Laurus Master Fund Ltd. The net proceeds of the funding will be used primarily for sales and marketing. The note is a thirty-six month term, with the first twelve months being interest only and a twenty-four month amortization of principle.

Tuesday, July 04, 2006

#1 MLM Trainer Michael Oliver Adds To "Calling Leads" Program

Leading MLM trainer Michael Oliver has just released his new "Natural Selling Action Guide To Calling Leads" to accompany his "Calling Leads" audio program.

The 48 page action guide is designed to help network marketers and MLM distributors get the most from the "Calling Leads" program and contains sections on preparing to call, the call itself and how to train new team members.

Michael Oliver is the author of the best selling book "How To Sell Network Marketing Without Fear, Anxiety Or Losing Your Friends!" and was voted the #1 MLM Trainer in both 2004 and 2005 by readers of "MLM Insider".

Sunday, July 02, 2006

New MLM Lead Generation Company Announces Launch

Press release with details of a new MLM lead generation company...

MySecretLeads proprietary MLM lead generation, management, and delivery technology is unparalleled in the industry today. MySecretLeads provides the network marketing industry with the freshest, most responsive business opportunity MLM leads available anywhere. Make Money:: It doesn't cost affiliates a dime to start making money with MySecretLeads. Affiliates can sign up for a free membership and can get paid for every referral and sale you make to our service.