like one of the network marketing worlds most
iconic businesses is slated for the chopping block.
A recently announcement seems to indicated that
the company Beauticontrol is going out of business.
This could be bad news for many beauticontrol
rep's all around the world. The Beauti-Control
has supposedly been around for over 30 years.
So it's a bit surprising that such a long term
mlm company should be going out of business.
you never are told the full story as to what's
really going on behind the scenes as to why a
company is going out of business. It will be a
big loss for the industry. However with the volume
of new companies constantly immerging there are
already a lot of popular candidates that are taking
up market share in the health and beauty sector.
BREAKING NEWS: Beauticontrol
is Shutting Down for Good
BRIEF-Tupperware Brands says will wind down Beauticontrol
Jul. 20, 2017, 12:58
20 (Reuters) - Tupperware Brands Corp:
After being unable to find buyer for its Beauticontrol
unit, it will wind down the business over approximately
next 60 to 90 days
Estimates that net cost of executing wind down
will be $20.0 million, of which about half will
be in cash - SEC filing
Portion of net cost of executing wind down will
be recorded in Q2 2017 results Source text: (http://bit.ly/2tu4czG)
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