JN Jewelry by Jesper Nielsen collapses, distributors screwed
JN Jewelry by Jesper Nielsen, a company operating in the jewelry MLM niche, has collapsed.
Reports from the field suggest the collapse was abrupt and has screwed affiliates out of months of earned commissions.
At the time of publication JN Jewelry by Jesper Nielsen’s entire web presence has disappeared.
From what I’ve been able to piece together this occurred roughly three days ago.
As per a petition set up by former distributors, over 70,000 JN Jewelry by Jesper Nielsen distributors have been affected.
Over 70,000 Ambassadors were working for JN Jewelry. A Lot of ambassadors did NOT get paid commissions for months.
Many Ambassadors did not receive orders and are still outstanding.
Many ambassadors won cars and trips and never received the prize or the payment of prize.
The company just shut down with zero warning. No one saw this coming. We woke up to an image posted in a global group that states
“We’re sorry….! JN will from today all activities globally in Network Marketing.
We will in the coming weeks fulfill our outstanding orders for customers, and payout earned commission for our ambassadors.
We would like to thank you for the last years. Your JN Team”
Over 4,500 orders were still awaiting shipment in the shipstation.
This isn’t even the orders that are missing pieces and came incomplete.
We are getting blocked when we reach out to the CEO’s.
Søren blocked me and many others. Jesper deleted his social media accounts. Annette is silenced.
Why are we not getting answers?
At the time of publication the petition has attracted 2138 signatures.
JN Jewelry owner Jesper Nielsen purportedly responded to the petition by asking for respect.
Other than that though, Nielsen (right) appears to have gone underground.
BehindMLM hadn’t reviewed JN Jewelry so I’m not familiar with the company or Nielsen.
Covering JN Jewelry’s collapse, Jeweller Magazine provides some backstory;
Nielsen was previously a member of Pandora’s international management team … he resigned as CEO of its Central Western Europe subsidiary in 2011.
After a two-year non-compete clause expired, Nielsen launched Endless Jewelry in 2013.
Nielsen claimed that Endless Jewelry achieved $US30 million ($AU38.5 million) in sales during its first full year of trading and, by the end of 2014, was stocked in 3,500 stores across 16 markets.
The company eventually collapsed in November 2016, but not before Nielsen announced plans for a new jewellery venture that would take inspiration from fast-fashion retailers.
That company was JN Jewelry, which as I understand it initially launched as “Amazing Jewelry”.
Nielsen launched Amazing Jewelry in 2016 as “a business that followed a similar model to fashion retail powerhouses H&M and Zara.”
As of now that’s all the information out there. Other than having collapsed, the status of JN Jewelry and its finances, including that of Nielsen and his family, remain unclear.
But I thought they all owned their own business and were CEOs? Can’t they just make the decision to stay open and pay themselves – given they are their own bosses and all? Lololol
When you associate with scammers in a scam business model, shouldn’t you be prepared to be scammed yourself? I mean, like, duh!
I was one of the “ambassadors” that got screwed over by JN. We were independent contractors.
Jesper handled all the inventory and commissions. We got the sales, he got the payments through the websites that he provided us with, then he was supposed to set aside and pay us the commissions from the sales.
We were never CEOs or had any access to the jewelry that he supposedly was storing in a warehouse.
Ambassadors and customers got screwed over in over 50 countries around the world. Jesper stopped paying everyone and sending orders back in July, some orders were withheld clear back into May and when we would inquire about them, we were told that there was a problem with the payrolls software or that they were waiting on a new shipment of jewelry to be delivered to the warehouse.
About a week or two before he shut JN down, he told us that he was revamping the company from JN to JN 2.0 and that more warehousing and payment centers were going to be opening to help with the back log and to help the company move forward.
The day before the shut down the finalized the new payment plan and just needed his signature to get it up and running. The following morning everyone woke up to their websites shut down and nobody to talk to about it.
Customer service, warehouse workers, ambassador assistance lines, jewelry makers…everyone was out of a job with no explanation and Jesper and his family were nowhere to be found.
There are over 72,000 ambassadors and hundreds of thousands of customers worldwide that have not only lost their pays but also their money.
Nobody can get a hold of anyone that was in charge and Jesper is wanted in multiple countries for fraud because of this and other mom businesses that he has and has had that he has done the same thing with.
We did not know anything about his other businesses, he played JN off as being opened in 2003 and he used his previous Pandora position to hype the JN business.
A lot of ambassadors worked hard to sell JN jewelry. They did it to support their families. They were told that they won trips and cars, and they thought that were legitimate.
There are direct sales companies that do offer trips (AVON) as well as cars (Mary Kay) that are legitimate. Jesper took advantage of everyone that worked for him as well as the ambassadors and the customers.
Him and his family are hiding out somewhere in Europe, while the rest of us are stuck trying to get some answers and at least some of our money back.
The full article was published on September 7, 2021 here:
Such a naive statement to tout Mary Kay being legitimate. Have you never read pinktruth?
I suggest doing some research before getting involved in a scam business model next time.
Char how do you spot a scam business model, please?
BTW jewellery has poor history within independent direct sales, and if anyone remembers Cabouchon, they will confirm?
As for JN – two little words, Due Diligence comes to mind, and I have to admit that JN was already banned from my Work From Home FB groups – made that decision months ago.
I don’t feel good about that, just an observation.
I can answer for Char. If the company encourages (or even allows) endless-chain recruiting, it’s an illegitimate business model.
Endless-chain recruiting inevitably loads the market with more sales people (affiliates) than the customer base (outside the affiliate population) can support.
The affiliates are required to order minimum amounts in order to “stay active,” whether they can sell the stuff or not, and sales are notoriously difficult to close, thanks to all the discount product on ebay at any given time.
That’s why 99% of MLM affiliates lose money; Mary Kay is no exception.
Mary Kay encourages recruiting by having “queen of sharing” rewards (“sharing” being a euphemism for recruiting).
There’s a minimum of $225 per quarter wholesale that an affiliate must purchase to “qualify for the discount” (i.e., buy at a lower price than the asking sales price), so all affiliates have to buy at least $900 wholesale of products every year.
It adds up…in red ink.
Pretty much all MLMs hype the lie that everyone who signs up is “CEO of their own company.”
“Be your own boss! YOU choose how YOU want to run YOUR business! You can’t be fired!”
These are the typical MLM come-ons to entice those with dreams of starting their own business. But none of it is true. The contract you sign stipulates what is and is not allowed.
Mary Kay, for example, prohibits advertising, selling from a storefront, selling anyone else’s make-up, etc., etc. And they may terminate you on a whim, and there’s nothing you can do about it.
Mary Kay shut down in Australia and New Zealand a couple of years ago with zero warning.
All the affiliates in those two countries suddenly found themselves locked out of their MK accounts. Nice, huh?
Char was just pointing out the disconnect between reality and MLM lies.
Ask if it’s multi-level marketing!
If they are vague about it being “MLM” and want to call it something else like “direct sales”, do this:
Ask if you can build a team without limitations, and see if your recruits/team can then do the same.
All these people, including yourself, will be placing some type of order from the company (aka spending money) for their product or service.