PM-International, through its charity foundation PM We Care, made a $3.4 million donation to World Vision. This gift is almost double the donation given last year by the company.
In Mexico alone, the direct selling market is projected to surge to $19.48 billion by 2028. That staggering number doesn’t include the more than 60 million Latinos living and working within the US, or the fact that direct selling is already a staple for the Latin American population, where a quarter of beauty and personal care sales take place through a direct selling relationship (compared to eight percent globally).
The event included a celebration of the company’s 30th anniversary and a presentation by CEO Rolf Sorg, who addressed the sold-out stadium audience by sharing the company’s three decades of history and, along with his executive team, cast vision for the hybrid future of PM-International.
THIS YEAR’S BRAVO LEADERSHIP AWARD was given to Rolf Sorg, Founder and CEO of PM-International in honor of the visionary leadership and strategic direction he has always displayed throughout the 30-year history of the company.
Hundreds of people representing 53 companies from around the world attended in person. And thousands more watched the event via free livestream. Awards and honors were revealed in several categories, including a Lifetime Achievement Award, the Bravo Awards and the DSN Global 100 List.
Direct selling companies who experienced revenue growth through the pandemic share their strategies for success and the steps they’re taking now to prepare for the future.
How some of the smartest companies in the channel stay nimble, fresh and relevant. Direct selling has always prided itself on being an opportunity for everyone. A vehicle that allows people from all walks of life to regain a sense of personal and financial freedom. That message hasn’t changed—but the methodology continues to.
Direct selling executives need insight and fresh ideas now more than ever before. In one of the most challenging years in direct selling history, leaders faced continued lockdowns in certain markets, changing consumer behaviors, a tense regulatory environment and lingering supply chain issues.
DSN recognizes that there are many compelling growth stories from exceptional companies around the globe. To honor and acknowledge the achievements of these global success stories, we developed the Bravo International Growth Award. For the second year in a row, this award was presented to PM-International. This leading global brand offers premium, cutting-edge products for health, fitness and beauty.
The multi-day educational event offered new insight and strategies for connecting with a rapidly evolving market.
In response to the ongoing violence and tragedy in Ukraine, direct selling companies continue to announce their efforts to provide relief to refugees and those in crisis, as well as announcing the pause or cessation of business operations within the Russian market.
Annual revenue for the company in 2021 increased more than 35% over the previous year, posting $2.35 billion. The company also announced record growth within the German market, where the company was founded, with more than 35% growth in 2021 compared to 2020.