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.

Number Of MLM Companies Featured At Canaccord Adams Summer 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.

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.

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.