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Herbalife Releases Statement Regarding Results of Belgian Court Ruling

Charity — Tue, 03 Dec 2013 21:18:33 +0000

Herbalife was established in 1980 and operates in over 75 countries.

A lower court ruling that had previously claimed that the international nutritional company, Herbalife, was operating as a pyramid scheme was overturned December 3, 2013. An appellate court declared that Herbalife was in fact operating in complete compliance with Belgian law. This ruling is in response to the previous claims by the consumer organization, Test-Aankoop that Herbalife was operating as an illegal pyramid scheme, reports Yahoo! news.

Herbalife was established in 1980 and operates in over 75 countries. The company is the world’s fifth top direct selling company, with 2.7 million salespeople in roughly 79 markets, reports mlmlegal.com.

For additional information, read the following articles:

Herbalife: Belgian Appeal Court: Herbalife is No Pyramid: Validates Legitimacy: The Next Chapter in Recognition of Personal Use

**See a translated copy of the actual Belgian Court of Appeal Herbalife ruling.

Herbalife Statement Regarding Belgian Appeal Court Ruling

Herbalife: Belgian Court Overturns Pyramid Ruling

Herbalife says Belgian appeals court reversed pyramid scheme finding

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Our next Starting and Running the Successful MLM Company Conference takes place February 27th & 28th, 2014 in Las Vegas. Call 503-226-6600 or 800-231-2162 to register.

UPDATE: In light of the news that Herbalife indeed is abiding by Belgian law, Yahoo! news reports that the company’s shares have risen nearly seven percent.

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MLM News Headlines from MLMLegal.com

Charity — Thu, 29 Aug 2013 19:52:52 +0000

MLM News Headlines, Presented by MLMLegal.com

MLMLegal.com presents highlights of MLM headlines from June, July and August 2013:

Troy-based ViSalus hopes to prove staying power in multilevel marketing (6/2/13)

Nerium International Leads the Way in Social Media (6/10/13)

U.S. Direct Selling Association Releases 2012 Sales and Salesforce Figures (6/11/13)

Entrepreneurs Get Creative With Loyalty Rewards (6/12/13)

AL International (YGYI) Corporate Name Changing to Youngevity International, Inc. (6/12/13)

Herbalife Report Shows Has About 8 Million U.S. Consumers (6/12/13)

LifeVantage Corporation Expands International Operations in Canada (6/14/13)

Direct selling schemes that can boost your income (6/23/13)

Stream Energy Launches Largest Northeast Expansion (6/24/13)

FTC may reclimb pyramid scheme (6/25/13)

Direct Selling Association Launches Diversity & Empowerment Council (6/26/13)

Beyond Herbalife: Compliance Is This Industry’s Growth Engine (7/2/13)

Nu Skin’s Multi-Level Marketing Thrives In Asia (7/2/13)

Silpada Designs founders: Company will stay in KC for good (7/8/13)

Lia Sophia: selling jewelry one party at a time (7/11/13)

New Moms Turn Side Project Into Nationwide Company (7/12/13)

Real Life: Ding dong! My Avon empire saved me from £33k of debts (7/17/13)

J.Hilburn Leads the Revolution in Custom Menswear (7/18/13)

Jeunesse targets teenagers (7/22/13)

USANA Health Sciences Announces Record Second Quarter Financial Results (7/23/13)

Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Usana Health Sciences
Inc. (7/24/13)

Herbalife fight hits Washington (7/24/13)

Silpada’s new (old) leadership lends different feel to national meeting (7/29/13)

Amway ready to adapt as consumers delay buying (7/29/13)

Avon Says U.S. Rejects $12 Million Offer to Settle Probes (8/1/13)

Visit MLMLegal.com for many more headlines and headlines dating back over ten years.

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Our next Starting and Running the Successful MLM Company Conference takes place October 24th & 25th, 2013 in Las Vegas. Call Charity before September 1st to receive a discount! 503-226-6600 or 800-231-2162.

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New DSA Statistics Offer Some Surprising Results

Charity — Fri, 14 Jun 2013 20:33:58 +0000

In a June 2013 press release, the U.S. Direct Selling Association (DSA) released the results of its Annual Growth & Outlook Survey. Some of the statistics you will find to be quite surprising. The Survey found the following updated direct selling statistics for 2012:

– U.S. direct sales totaled $31.6 billion in 2012, a 5.9 percent year-over-year increase from $29.87 billion in 2011.

– In 2012, there were 15.9 million people involved in direct selling in the U.S., an increase from 15.6 million the prior year.

– The U.S. direct selling market grew faster than the overall U.S. economy, which grew 4.0 percent as measured by gross domestic product (GDP).

– The share of sales for two categories: Wellness (including weight management products, nutritional supplements, health foods and beverages, etc.) and Services (including utilities, and financial products) has steadily increased for the last several years.

– Seventy-six percent of smaller direct selling companies (those with annual retail sales under $3 million) saw growth, with an average retail sales increase of about 22 percent.

– The U.S. was ranked as the top direct selling market in the world with 19 percent of worldwide sales in 2012.

– Japan came in second with $22.7 billion (14 percent), followed by China at $20.0 billion (12 percent), Brazil at $14.6 billion (9 percent) and South Korea at $13.3 billion (8 percent).

– Global direct sales increased 5.4 percent from $158.3 billion in 2011 to $166.9 billion in 2012, according to Carlucci.

– The number of people involved in direct selling in the United States increased 1.9% to 15.9 million in 2012 from 15.6 million in 2011.

The Direct Selling Association offers some additional statistics for those paying close attention to the MLM industry (located at the DSA’s website):

2012 Estimated Direct Retail Sales

Number of People Involved in Direct Selling in the U.S.

Revenue by Product Group

2012 Estimated Direct Retail Sales by Method

These updated statistics show how resilient the MLM industry is despite economic troubles, and just how many people rely on this industry to create auxiliary income. The MLM industry is growing. More people are becoming consultants and distributors. Large and small direct selling companies are maintaining growth. The direct sales business model is on the rise globally, especially in the United States. And the pace of growth of the direct selling industry has outpaced that of the overall U.S. economy.

For more information and updates on the direct selling industry visit www.mlmlegal.com and www.mlmattorney.com.

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RESULTS: DSA’s Annual Growth & Outlook Survey

Charity — Thu, 16 Aug 2012 18:12:34 +0000

The Direct Selling Association (DSA) recently released the results of its Annual Growth & Outlook Survey, showing that U.S. direct sales increased from $28.56 billion in 2010 to $29.87 billion in 2011, a 4.6 percent increase. The report showed that the direct selling industry grew faster than the overall U.S. economy (growing at 3.9 percent GDP).

Highlights of the report concluded:

Direct sales increased 4.6 percent to $29.87 billion
Salesforce sized at 15.6 million sellers in the US
Direct selling market outpaces growth in gross domestic product (GDP) by 0.7 percent

The Annual Growth & Outlook Survey went on to report:

Nearly half of U.S. direct selling companies experienced sales growth and another 14 percent remained flat.

Smaller direct selling companies (those with annual retail sales under $3 million) fared best with 66.7 percent showing growth, and an average retail sales increase of about 30 percent…

The U.S. was ranked as the top direct selling market in the world with 20 percent of worldwide sales in 2011. Japan came in second with $23.9 billion (16 percent) followed by China with $16.3 billion (11 percent), South Korea at $12.8 billion (eight percent) and Brazil at $12 billion (eight percent)…

Global direct sales increased 10 percent from $139.7 billion in 2010 to $153.7 billion in 2011…

To view the DSA’s press release click here. For additional information on the direct selling industry, be sure to visit www.mlmlegal.com – the best MLM resource on the web – and www.mlmattorney.com – where you can follow Attorney Jeffrey Babener on his social networks, watch videos, read his lighthearted blog, preview and order books and DVDs, and much more.

For more information on the MLM industry, visit MLMLegal.com.

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