Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The multi-level marketing (MLM) industry has been part of American commercial life for at ...

FTC enforcement actions against MLM pyramid schemes can be viewed in eras, with recent years among the most active. The FTC’s first-ever Advance Notice of Proposed Rulemaking (ANPR) regarding ...

Management provided guidance for Q1 2025 revenues between $60 million and $70 million, reflecting the transition to the new business model. Adjusted EBITDA is expected to range from negative $2 ...

Multilevel marketing businesses (also known as MLMs) — a method that uses everyday people to sell and distribute products and services — have existed for decades. Instead of selling directly to ...

Subscriptions: Beachbody is increasingly focusing on directly providing services to customers. El Segundo-based health and wellness business Beachbody Co. Inc. is laying off roughly one-third of its ...

Earnings Call Insights: The Beachbody Company, Inc. (BODI) Q4 2024 The company restructured its business model as of November 1, 2024, eliminating the multi-level marketing (MLM) structure in favor of ...

DotDotSmile, run by the daughter of LulaRoe creator DeAnne Brady Stidham, has filed for bankruptcy. The filing says the company owes more than $5.6 million in debts. Earlier this year, DotDotSmile ...