MLM Junction

The Central Terminus For News And Information About The MLM And Network Marketing Industries

Friday, March 03, 2006

Herbalife Ltd. to Participate in Canaccord Adams Direct Selling Investors Forum

Herbalife Ltd. to Participate in Canaccord Adams Direct Selling Investors Forum:

Herbalife Ltd. (NYSE:HLF) Chief Executive Officer Michael O. Johnson and Chief Financial Officer Rich Goudis will participate in the Canaccord Adams Direct Selling Investors Forum on Friday, March 10, 2006 at the Roosevelt Hotel in New York City.

Thursday, March 02, 2006

Avon calls as China ends ban on direct sales - Marketplace by Bloomberg - International Herald Tribune

Movers: Avon calls as China ends ban on direct sales - Marketplace by Bloomberg - International Herald Tribune:

"Avon Products, the world's largest door-to-door cosmetics distributor, was awarded China's first license for direct selling after the government lifted a seven-year ban on the practice.

The company's permit was issued in February and seven Avon employees were granted licenses to train salespeople in direct selling, the Ministry of Commerce said Monday.

Avon has a head start on its competitors, like Mary Kay Cosmetics and Nu Skin Enterprises, which are waiting to start door-to-door sales in China."

MLM Company Herbalife Signs Sponsorship with Japan Volleyball League Organization

Herbalife Signs Sponsorship with Japan Volleyball League Organization:

"Herbalife Ltd. (NYSE: HLF) announces a sponsorship agreement with the Japan Volleyball League Organization (V. League), which makes Herbalife the marketing partner of the 2006 12th V. League Final Round Games, the event that determines the year's top domestic volleyball league champions.

Established in 1994, V. League is Japan's top volleyball league. The 12th V. League Final Round Games is the culmination of the V. League Regular Round that began in September 2005 with ten women's teams and eight men's teams. The top four men's and top four women's teams will vie for the 12th V. League championships in this event that decides which teams stand at the pinnacle of domestic volleyball.

Attendance this year is expected to surpass that of the previous years. Herbalife receives signage rights as well as the opportunity to sample its weight-management and nutritional products to spectators to increase awareness of the company and its corporate philosophy among a large number of consumers."

Monday, February 27, 2006

Update On Changes To MLM Regulations In China

"After an eight-year ban, the Beijing government's Commerce Ministry has okayed the resumption of direct sales. Such sales were banned in 1998 on ground that it was hard for consumers to tell the difference between legitimate sales networks and fraudulent pyramid schemes, which were common then.

Now that the government has issued rules to regulate direct sales, Avon and other companies such as cleaning products maker Amway are applying for licenses. The companies had been selling their products through retail outlets."