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Jeunesse Reaches $8 Billion in Cumulative Worldwide Sales

February 14, 2021 Leave a Comment

Jeunesse raches $8 billion cumulative sales.

When Jeunesse reported its $1 billion cumulative sales in 2015, it was the youngest direct selling company to generate this figure. Jeunesse was launched in 2009.

Now, the company announced it reached $8 billion milestone in January 2021.

In 2020, Jeunesse achieved double-digit growth across its world regions ranging from 12% to 42%. This growth was achieved despite the disruptive global pandemic that forced the company to move approximately 775 employees to remote work and to revamp the hundreds of in-person events typically held across the globe each year.

Chief Visionary Officer Scott Lewis said, “Reaching this milestone is the result of the hard work and dedication of the Jeunesse family of employees and Distributors around the world. Despite 2020 presenting unique challenges, we were able to reimagine key aspects of our business to support their efforts.”

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This Month in History

On June 9, 2017, The Body Shop’s owner L’Oreal announced it had received an offer from Natura Cosméticos to acquire The Body Shop. The proposed transaction would value The Body Shop at EUR 1.0 billion.

This acquisition was completed in September in the same year and The Body Shop joined the Natura group.

The Body Shop, the iconic brand focusing on innovative, nature-inspired products, was founded in 1976 by Anita Roddick in England. It was acquired by L’Oreal in 2006.

In 2020, The Body Shop increased its revenue by 32% within the Natura group. Its 2021 revenue increase was 9%.

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