| lida original of National Health slim |
|
|
Blair performed a leverage buyout of ViSalus in 2005 the same year he filed Chapter 7 personal bankruptcy in California where he reported $125,000 indebted
and $500 in assets, based lida original on a 2012 report by the Southern Investigative Reporting Foundation.
Blair retained Sarnicola and Mallen as head of marketing and advertising, respectively.
The trio targeted the Bay area Bay region and sales grew 200 percent, based on the SIRF.
Even Blyth CEO Robert Goergen Sr. invested $1.5 million into the startup.
But by 2008, ViSalus was nearly bankrupt with millions indebted, which has been reported as between $6 million and $8 million.
Then Blyth stepped in and acquired an initial 43.6 percent equity stake for $14 million which eventually increased for an 80.9 % stake.
Following this month's deal, Blyth continues to support ViSalus with a promise of up to $6 million in investments and use of revolving credit.
It is also expanding into international markets. ViSalus launched in the U.K., Germany and Austria last year. The organization said in April it expects to
take a position $13 million in international operations by the end of the entire year.
Manchanda said immigrants in the U.S. helped make multi-level marketing successful and expects emerging markets to exchange any dropoff in U.S. sales.
"In the Civilized world, this model will decline, but will grow elsewhere," he said. "A lot of growth was fueled by immigrants, but this is a lot of work and
there are no guarantees. What better promise for emerging markets?"
Pre-diabetes, Diabetes Rates Fuel National Health Crisis
Americans are meizitang new becoming fatter, and older. These converging trends are putting the USA on the road to a truly alarming health crisis: Nearly half of adults
have either pre-diabetes or diabetes, raising their risk of heart attacks, blindness, amputations and cancer.
| |
|
9月15日（月）12:17 | トラックバック(0) | コメント(0) | Beauty/Cosmetic | 管理
|
フォトログ表示
