WorldVentures Announces Expansions into 4 Countries

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Plano, Texas-based WorldVentures™, a leading direct seller of global travel and leisure club memberships, recently announced it has opened for business in four new territories—Guam, Jamaica, Latvia and Uganda.

According to the company, Guam offers a business-friendly climate and a stable economy, having experienced a US$651 million annual spend by foreign tourists. “Growth in Oceania is a natural and exciting progression considering the success we have enjoyed in Asia,” said Wayne Nugent, Founder and Chief Visionary Officer for WorldVentures. “We are offering Representatives a chance to …

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USANA Pledges Nearly $1 million to Aid Hurricane Victims

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As Hurricane Matthew tore through the Caribbean in early October, the island of Haiti bore the brunt of the storm’s force, which claimed the lives of nearly 1,000 people.

In the aftermath, 350,000 Haitians now face another threat: cholera, caused by contaminated food and water.

Through its USANA True Health Foundation, USANA Health Sciences Corp. will spend $80,000 to help combat the deadly intestinal disease. Half of the money will pay for food and emergency items, while the other $40,000 will provide oral rehydration packs and medicines to boost the immunity of those affected by the bacteria. The foundation will work with International Relief Teams and Children’s Hunger Fund to provide the supplies.

“Due to the generous donations we continue to receive, the foundation has been able to respond in a timely fashion to this disaster in Haiti,” said Jim Bramble, President of the USANA True Health Foundation board. “There are severe immediate needs, and we are committed to further help with both short- and long-term relief.”

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Avon Losses Widen as Quarterly Earnings Drop

An increasingly strong dollar weakened fourth quarter salesat Avon Products Inc., and the beauty company expects to feel continued negative effects in 2015. On Thursday the global brand projected that 2015 revenue will decline by 12 percentage points due to currency rates.

Fourth quarter revenue decreased 12 percent to $2.34 billion; however, Avon reported modest 5 percent growth in constant dollars. Quarterly volume fell 3 percent, while the company’s average order increased 9 percent. Active representatives were down 4 percent.

Quarterly sales fell 14 percent in the Beauty category, with a 5 percent increase in constant dollars. Fashion & Home sales fell 13 percent and rose 1 percent in constant dollars.

North America continues to pose the greatest challenge for Avon. The New York-based company saw regional sales fall 12 percent in the quarter and 17 percent for the full year. Avon posted global revenue of $8.85 billion for 2014, an 11 percent decrease versus the prior year, or relatively unchanged in constant dollars. The company reported a net loss of $331 million, or 75 cents a share, broadening its $69 million loss in 2013. Excluding one-time costs, operating profit totaled $734 million.

“While progress against our financial goals in 2014 was slower than I would have liked, I am pleased with the sequential improvements we made in several key markets and categories in the second half of the year,” said CEO Sheri McCoy. “We have stronger management teams across our key markets and better discipline in executing consistently against Avon’s core processes.”

The company also reported declining sales outside the U.S., where it generates 88 percent of its sales. Revenue fell 7 percent in both EMEA (Europe, Middle East & Africa) and Asia Pacific. Latin America, Avon’s most profitable market, posted revenue of $4.24 billion for the year, a 12 percent decrease versus 2013.

The company says that it is working to mitigate the impact of foreign currency rates. In the meantime Avon has announced plans to pull out of Jamaica and other Caribbean islands, the Jamaica Observer reports. A Jan. 29 email from Pablo Muñoz, President of Avon North America, informed distributors that, effective Monday, they will no longer be able to place orders to the company. Avon’s regional managers were not available to provide comment on the contents of the email.

DreamTrips by WorldVentures Named World’s Leading Travel Club

To build the world’s best vacation and entertainment club is one of WorldVentures’ three pillars of business, and the company has done just that according to this year’s World Travel Awards (WTA). In the annual industry awards, travel professionals and high-end tourism consumers voted the company’s DreamTrips vacation club the 2014 World’s Leading Travel Club.

The World Travel Awards have been setting travel and tourism industry benchmarks for more than two decades. In 2013, WTA collected more than 500,000 individual votes throughout the competition. This year, WTA held regional galas in the Middle East, Africa & the Indian Ocean, South & Central America, North America & the Caribbean, Asia & Australasia, and Europe. Regional winners then vied for world awards at the year-end WTA Grand Final.

Leading up to the Grand Final, DreamTrips and its travel agency partner, Rovia, were named this year’s Leading Travel Club for the North America, Europe, Asia and Africa regions. The club offers its members curated group travel opportunities and membership discounts, currently in 60 countries worldwide. In addition to prestigious resorts, hotels and historic destinations, DreamTrips members can sign up to experience VolunTours, which combine voluntary service with travel.