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The Longaberger Company (dissolved in 2018) [26] Metabolife (dissolved in 2005) MonaVie (went into foreclosure 2015) Nouveau Riche (real estate investment college) (dissolved in 2010) NXIVM [27] [28] Seasilver (ceased trading in 2006) Solavei (dissolved in 2015) [29] Royal Tongan Limu (dissolved in 2003) Sunshine Empire (dissolved in 2009 ...
Pages in category "Defunct multi-level marketing companies" The following 27 pages are in this category, out of 27 total. This list may not reflect recent changes .
Amway Corp. (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products. [2] [3] [4] The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. [5] Amway and its sister companies under Alticor reported sales of $8.9 billion in 2019. [1]
Products from health-based MLM companies have often run afoul of the Food and Drug Administration in Washington. REUTERS Still, they pitched that they possessed a cure-all for anything that ails you.
Major retailers are closing stores in 2025: Here's what you ...
In 1963, Mary Kay Ash founded the company based on a line of cosmetics she had been wearing for several years. [10] [11] She purchased the formula from a woman who had been selling it privately. [10] Originally the company had 318 consultants and sales of $198,154. [12] By 1991, it exceeded $500 million in sales through 220,000 consultants. [13]
Stores closing: Bargain Hunt is closing all locations after bankruptcy filing, going-out-of-business sale When will Billabong, Quiksilver and Volcom close? A pop-up on Billabong's, Quiksilver's ...
Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...