Source: Press Release 12/27/2017

ForeverGreen Completes Restructuring and Focuses on Growth

Dec 29, 2017 Lindon, UT-ForeverGreen Worldwide Corporation, a global direct marketing company and provider of health and wellness products has completed its planned consolidation and restructuring of the company, including reducing overhead costs, streamlining the company's product offerings, reducing shipping costs, reduction of personnel and consolidating domestic and foreign warehouse and office spaces. These strategies were directed to reduce overhead and debt, streamline domestic and international operations, improve distribution channels and consolidate the company's product offerings. All of these steps have taken the last year to accomplish, and the company is now seeing the positive impact on the company's model and its profitability.

"This has been a difficult year of transition for ForeverGreen. It was my main objective in 2017, as the company's new CEO, to complete the restructuring of the company, both domestically and internationally and it has taken even longer than I originally thought it would," said ForeverGreen CEO Rick Redford. "I believe that while we have reduced in many areas, we can keep and refocus on the key products, marketing messages, technologies and foundational values and heritage that have made ForeverGreen successful. The company's proprietary envelope model has been, and continues to be a unique and successful business model for ForeverGreen. Now, in 2018, the management team will be focusing on sales growth, higher profitability, and net margins to increase our shareholder's value."

View ForeverGreen Review

Related News

  • ForeverGreen Worldwide Corp. Has Sold in Excess of 30 Million PowerStrips
    LINDON, Utah, June 2, 2016 -- ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced it has achieved a major milestone and has now sold over 30 million PowerStrips.

    "PowerStrips continues to be our number one selling pr...  Read More...

  • ForeverGreen Worldwide Corporation Launches Massive North America Campaign
    LINDON, Utah, May 3, 2016 -- ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced the beginning of their North America Bridge Bash Tour.

    Founder, Chairman and CEO Ron Williams, VP of Product Education and Development,...  Read More...

  • ForeverGreen Worldwide Fulfills Backlog of Ketopia Orders
    The Company now maintains inventory to sustain dramatic anticipated growth

    LINDON, Utah, November 19, 2015-- ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced as of November 18th, the company has shipped all histor...  Read More...

  • ForeverGreen Receives Growth Award from DSMA
    LINDON, Utah -- ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced it has received the Direct Selling Management Association Growth Award for 2015, as presented during the industry organization's second annual fall symposium eve...  Read More...

 

ForeverGreen News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed