Direct Selling News Announces 2020 Global 100 List

Date: 2020-May-21 Source:DSN View: 2682

The 11th annual DSN Global 100 Celebration will be one for the ages. Since its live event in Dallas was cancelled due to the COVID-19 pandemic, DSN presented a special video event on their website.

 

“What is obviously different in previous years is our delivery of the Global 100.” said Todd Eliason, DSN Publisher & Editor in Chief. “We chose not to cancel the Global 100 Celebration because we believe it’s important and relevant to continue the tradition of highlighting the very best in direct selling.”

 

The DSN Global 100 list offers a unique perspective on the global impact of the industry on economic and social realms. It provides a range of mutual learning not only for industry members but also for researchers, investors and—most important—those seeking opportunities within the industry.

 

A New Twist on the List

 

The DSN Global 100 had previously listed 100 companies, ranging from $60 million to over $10 billion in revenue, each year. This year the 2020 list took on a new look, acknowledging 50 companies achieving more than $100 million in revenue for 2019. The purpose of the Global 100 list remains the same: to showcase the true impact of this channel on people’s lives as well as the economic impact direct selling companies make on the communities they serve.

 

During the video presentation, DSN also announced the winners of its annual Best Places to Work in Direct Selling as well as its BRAVO award winners for outstanding achievement and excellence in areas of leadership and revenue growth year-over-year.

 

This year the 2020 list took on a new look, acknowledging 50 companies achieving more than $100 million in revenue for 2019.

 

The BRAVO Growth Award winner went to Medifast subsidiary OPTAVIA, one of the fastest-growing health and wellness communities. Medifast/OPTAVIA achieved $200 million in growth in both 2018 and 2019. “This recognition is truly a reflection of our amazing coach community that tirelessly propels our mission—and in turn—our growth,” said Nick Johnson, President of OPTAVIA. “I’d be remiss if I didn’t thank them for their work as change agents and champions for clients throughout their transformation journeys.”

 

DSN also presented two awards for leadership. The first BRAVO Leadership Award winner went to Orville and Heidi Thompson, Co-Founders and Co-CEOs of Scentsy. “We’d like to take this opportunity to thank Direct Selling News for this honor,” said the Thompsons. “At this time of unprecedented disruption, we are proud to be part of direct selling. Our industry proves that as our economy shuts down, direct sellers get to work. For years we have talked about how direct selling is the original social network. Now we can add we are the original work from home workforce. The whole world can learn from direct selling.”

 

The second BRAVO Leadership Award winner went to Carl Daikeler, CEO of Beachbody. In 1998 he co-founded the Santa Monica-based health and fitness company to support others with their fitness goals as well as to find a solution for the obesity epidemic. Since then, the company has redefined in-home exercise with its fitness and weight-loss solutions, on-demand workouts and popular Coaching Network.

 

Obviously, these are pretty interesting times to be a leader in, and to lead a company through,” said Daikeler. “We’re certainly working hard at Team Beachbody to help our field feel compelled to help people through these times. It’s going to be a time where having some financial independence and options are going to be key things for people, and I think that’s something the direct selling industry in particular is unique at providing.”

 

DSN thanks all the companies that willingly participated in the Global 100 as well as the dedicated team of researchers who helped present the remarkable achievements of direct sellers around the globe.

 

2020 DSN Global 100 (based on 2019 revenues)

 

The following contains the 2020 DSN Global 100 ranking for the which will be published in the June issue of Direct Selling News.

 

A few insights from this year’s list:

 

Ÿ   48% of companies grew year-over-year from 2018 to 2019

Ÿ   2 of the top 10 companies reported increased revenue

Ÿ   Six companies grew by $100 million from 2018 to 2019

Ÿ   Companies ranking 11-25, seven reported increased revenue

Ÿ   Companies ranking 25-50, 15 reported increased revenue

 

2020 Rank

Company

2019 Revenue

1

Amway

$8.4B

2

Herbalife Nutrition

$4.9B

3

Avon Products Inc.

$4.76B

4

Vorwerk

$4.23B

5

Natura

$3.66B

6

Coway

$2.59B

7

Nu Skin

$2.40B

8

Tupperware

$1.80B

9

Oriflame

$1.47B

10

Ambit Energy

$1.31B

11

Pola

$1.24B

12

Belcorp

$1.17B

13

PM International

$1.11B

14

Jeunesse

$1.1B

15

Telecom Plus

$1.08B

16

USANA

$1.06B

17

Yanbal

$885M

18

Medifast/OPTAVIA

$714M

19

Arbonne

$672M

20

Team National

$651M

21

Miki Corp.

$505M

22

Scentsy

$472M

23

Plexus Worldwide

$467M

24

MONAT Global

$388M

25

Faberlic

$385M

26

Natures Sunshine

$362M

27

WorldVentures

$335M

28

For Days

$308M

29

Hy Cite Enterprises

$306M

30

Vestige Marketing

$302M

31

Noevir

$286M

32

Farmasi

$250M

33

New Image Group

$243M

34

Naturally Plus

$242M

35

ARIIX

$230M

36

LifeVantage

$226M

37

Pure Romance

$225M

38

Color Street

$220M

38

Menard

$220M

40

Noni by NewAge   Beverages

$200M

41

Giffarine

$198M

42

KK Assuran

$193M

43

Immunotec

$180M

44

ASEA Global

$170M

44

MyDailyChoice /   HempWorx

$170M

46

Mannatech

$158M

47

Southwestern   Advantage

$138M

48

Elepreneurs

$135M

49

Usborne Books &   More

$119M

50

Xyngular

$108M