A Look Back at 2016 in the News

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This week we feature highlights from the direct sales industry news as they appeared on our newsletter throughout last year. Once again, it was most certainly an interesting year with all the positive and the negative news.

January

How and Why Amway’s DeVos Family Gives Away Billions
* Morinda Celebrates 20th Year in Business and Second Era of Growth
Layoffs, Lawsuits at Once-Hot Direct-Sales Firm ViSalus
Ava Anderson Non-Toxic to Reopen as New Company Without Founder or Her Family
Melaleuca Marks Three Decades in Business

February

Amway’s 2015 Revenues Fall to Lowest Level in 5 Years
Direct Selling Dominates the Aromatherapy and Essential Oils Market
Stream Announces New President and CEO
Avon Reports 20% Sales Decline in 2015 Q4
70 Years of Tupperware
Mannatech Enters South America with Launch of Colombia Operations
Nu Skin Settles Class Action Suit, Pays $47 Million
Herbalife in Talks with FTC to Resolve Probe

 

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