Are Gifting Clubs Really Pyramid Schemes
Better Business Bureaus are again detecting a rise in gifting clubs — groups that manage to convince newcomers that they will receive thousands of dollars if they make a “gift”…
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FDA goes after mislabeling like FTC goes after claims
The FDA (Food and Drug Administration) goes after mislabeling and deceptive practices like the FTC (Federal Trade Commission) goes after deceptive trade practices like income and medical claims. In the…
Tupperware Expects Sales to Hit Top of Guidance
By Chelsey Dulaney Published: Sept 2, 2015 9:07 a.m. ET Tupperware Brands Corp. said Wednesday that it expects to come in at the high end of its sales guidance for…
Reliv Defaults on Credit Agreement
Nutritional supplements manufacturer Reliv International has defaulted on a credit agreement that includes a $3.5 million loan and a $5 million revolving credit facility. The Chesterfield company (Nasdaq: RELV), led…
Vemma Shutdown: Herbalife Next?
As you may already know, the FTC recently filed a complaint and obtained a preliminary injunction against Vemma, member of the Direct Selling Association (DSA) for running a pyramid scheme. On…
LifeVantage Reports Full-Year Earnings Dip
LifeVantage Corp. (LFVN—NASDAQ) closed out its fiscal year with revenue down 10 percent to $190.3 million, the health and wellness company said Tuesday. In the fourth quarter, ended June 30,…
Forever Living Warned by Advertising Standards Authority (ASA)
A Warwick-based health products distributor has been rapped by advertising regulators after complaints were made about claims on its website. Forever Living Products (UK) Ltd, part of US-headquartered Forever Living,…
Dayton Chamber Luncheon On Identity Theft With Surprise Guest Speaker
Tues., Sept. 1, the Dayton Chamber of Commerce had a very informative luncheon. Cole’s Custom Catering provided a delicious meal. The speaker was W. William Wornardt III, certified identity theft…
Amway eyes Rs 6000 crore revenue from India operations in 10 years: Anshu Budhraja
Amway eyes Rs 6000 crore revenue from India operations in 10 years: Anshu Budhraja MUMBAI: Multi-level marketing company Amway is looking at trebling its sales in the country to up…
Tupperware Brands Upgraded at Sidoti (TUP)
August 30th, 2015 – by Nicole Kennedy Sidoti upgraded shares of Tupperware Brands (NYSE:TUP) from a neutral rating to a buy rating in a research note published on Thursday, The Fly…