The Yager group has announced that Amway legend, Crown Ambassador Dexter Yager has died at the age of 79. Often controversial, but always charismatic, Yager created one of the largest and most influential Amway networks, spanning the globe.
Excuse the French … had some personal and professional challenges the last few years so haven’t prioritised maintaining this site. Back to it now, and there were over 600 unapproved (and unreplied to) comments …. :/
My apologies, I’m responding to each of you as I can, and promise to be better this year 🙂
Amway has today announced 2014 global revenue of $10.8 billion – a $1 billion drop from it’s 2013 record sales of $11.8 billion. The company says the drop is a result of a combination of a drop in sales in key markets, as well as currency fluctuations.
Given the instability in key markets like Ukraine, Russia, and Thailand as well as some regulatory challenges in India, I thought a drop in sales was likely. I am surprised by the size of it, I’ll post some thoughts and analysis later today.
ETA: most of what I wanted to add has been said by others in the comments
As many IBOs know, XS Energy Drinks (known as XS Power Drinks in Europe) originated as a “healthier” energy drink product created by two IBOs, David Vanderveen and Scott Coon. It was manufactured by a company called Logic Nutrition and resold through Amway (and earlier, Quixtar) and has been a huge success, with recent expansion out of North America and Australia and in to Europe and Asia.
Well today XS has announced on their XSNation Facebook page that they have now been acquired by Amway. Co-founder David Vanderveen will take on an executive role at Amway as Vice President, General Manager of the XS brand.
Congratulations David and Scott, I’m sure you got a great price!
Amway North America just launched this new video and I love it. I’ve worked from home (which has been different places around the world!) for nearly 20 years, both with Amway and other ventures. It really is a different life – I recommend it!