LifeVantage Launches Operations in Thailand
3/28/2015
SALT LAKE CITY, Mar 26, 2015 -- LifeVantage Corporation has announced the expansion of its its direct selling business into Thailand. The company has opened an office in the city of Bangkok to support this new market. The facility is designed to provide a central location where Distributors can host business-building meetings, conduct training, and host events. The office also allows for a more expedited process for purchasing and receiving LifeVantage products.
"At the beginning of this fiscal year, we disclosed our plan to expand operations into Thailand during fiscal 2015," said LifeVantage Executive Vice Chairman Dave Manovich. "The World Federation of Direct Selling Associations reports that Thailand is a market of more than 11 million distributors that generated total revenues of more than $3 billion in 2013. We believe our expansion into Thailand is directly in-line with our commitment to expand our operations into countries that we believe represent long-term growth opportunities."