Sector Snap: Direct sales retailers slide – Forbes.com
Shares of several direct sellers of retail products slipped on Monday, as an analyst warned the stocks may head lower amid a swine flu outbreak in Mexico, an important market for Avon Products Inc., Tupperware Brands Corp. and Herbalife Ltd.
The number of suspected swine flu cases in Mexico has climbed to 1,614, including as many as 103 deaths, while the number of confirmed cases in the United States has risen to 40, according to the World Health Organization.
The news reports about the swine flu epidemic are tragic indeed. It is sad that people all over the world are getting sick and/or dying. Sorry to hear now that it is taking a toll on direct sales. I seen on the news today how people scheduled to take vacations to Mexico are changing their destinations at the last minute. My thoughts are with those affected by this travesty.