MLM Junction

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

Saturday, May 06, 2006

MLM Company Herbalife Opens New Offices in Mexico, Spain, Holland and South Africa

MLM company Herbalife Ltd. announced the opening of new corporate facilities in Guadalajara, Mexico; Barcelona, Spain; Utrecht, Holland; and Cape Town, South Africa. The expansion is in response to Herbalife's rapid growth and its commitment to best serve its independent distributors in all of its markets.

Friday, May 05, 2006

MLM Company Reliv Post Strong First Quarter Results

Reliv International Inc., a developer, manufacturer and marketer of a
proprietary line of nutritional supplements addressing basic nutrition,
specific wellness needs, weight management and sports nutrition, today
announced its results of operations for the three months ended March 31,
2006.

Reliv set records both for net sales and net income in a single
quarter. The company reported an 8 percent gain in worldwide net sales to
$31.2 million -- up from $29.0 million in Q1 2005. Net income increased 19
percent to $2.45 million, or $0.15 per share (diluted) -- compared to $2.06
million, or $0.12 per share (diluted), in the same period last year.

Thursday, May 04, 2006

MLM Company Amway India Bets On Health Products For Growth

MLM company AmwayIndia, subsidiary of USD 6.4 billion Alticor Inc, is betting on health products to achieve a higher growth rate in its topline and bottomline.

Amway launching its weight management programme -- 'Positrim' here today hoped for higher growth as compared to the industry average.

"The weight management industry is growing very fast and we are very hopeful of our product leading to a higher growth rate in 2005-06 from the current level of 10 per cent," Amway Director (distributor relations and marketing) Stephen Beddoe said.

MLM Company Omegatrend Goes Out Of Business

Claremont-based network marketing group Omegatrend has become one of those rare victims of a boom, appointing voluntary administrators after a slump in sales.

Wednesday, May 03, 2006

Record First Quarter Results From MLM Company Herbalife

Herbalife Ltd. (NYSE:HLF) today reported record first-quarter net sales of $455.8 million, an increase of 22.5 percent compared to the same period of 2005. The company's regions, the Americas and Asia Pacific, achieved net sales growth of 59.4 percent and 13.3 percent, respectively, versus the first quarter of 2005 and were partially offset by net sales declines in Europe and Japan, which decreased 2.2 percent and 17.3 percent, respectively. The company's chief executive officer, Michael O. Johnson, said, "We carried strong sales momentum into the first quarter of 2006 reflecting the successful promotions in 2005 and the enthusiasm and unity we see within our distributor organization."