Most Current Court Information…
Arbonne Worldwide, CEO Kay Napier takes cost and protects the Arbonne Household (distributor’s) Successline. Kay Napier is a superb enterprise girl, and her transfer to guard the distributor’s earnings line, exhibits how a lot she believes within the present Arbonne distributor base.
Ty Tribble has additionally bee following this story over on the MLMBlog.com
Kay Napier shot an amazing video on precisely what the Arbonne Restructuring means to the Arbonne household.
Here’s a little of what Kay Napier defined on this example.
” On January 27, 2010, we started implementing a “pre-packaged” debt-reduction plan that can strengthen Arbonne financially so we will proceed to spend money on our enterprise and be sure that the corporate is well-positioned for the longer term. This plan will cut back our excellent debt obligations by greater than 80 p.c, which can decrease considerably the amount of money we spend on principal and curiosity funds.
We developed this plan with the assist of our lenders. To implement it, Arbonne, together with our dad or mum firm, Pure Merchandise Group, and Levlad, an affiliated manufacturing firm, have filed voluntary petitions for reorganization underneath Chapter 11 of the U.S. Chapter Code. ”
Right here is the Chapter submitting. As you possibly can see it’s not Arbonne that causes this example. Arbonne administration as achieved precisely what is predicted and the loyal distributors have continued to construct this nice model.” Read On…
The opposite nice girl at Arbonne is long run president Rita Davenport. These two ladies love Arbonne, and the household who has constructed it robust.
Here is the letter Kay Napier sent to the valuable Arbonne customers.
Here is a great document for FAQ on the Arbonne Restructuring.
Read the official press release here.
Residing An Epic Journey,