Herbalife
Herbalife Nutrition Earns Health and Safety Certification for its Innovation and Manufacturing Facilities
Herbalife Nutrition’s innovation and manufacturing facilities in Winston-Salem, North Carolina and Lake Forest, California earned the ISO 45001 Occupational Health and Safety Standard from NSF-ISR, a recognition given to companies who are actively protecting employee health and safety. This is Herbalife’s third certification from NSF International, an independent global laboratory. “The ISO certification process is…
Read MoreHerbalife Nutrition Launches Baked Goods Product Line
Herbalife Nutrition announced its entrance into the baked goods category with Protein Baked Goods Mix, formulated to be combined with Formula 1 Healthy Meal Nutritional Shake Mix. This new baked goods mix will provide consumers an option for high-protein muffins, pancakes, waffles and donuts as part of their weight-management plan. “Daypart offerings have been increasingly…
Read MoreHerbalife Nutrition Joins United Nations Global Compact
Herbalife Nutrition announced it has joined the United Nations Global Compact, the largest corporate sustainability initiative in the world. The United Nations Global Compact works to adopt policies that improve communities and sustain and defend the basic universal tenets that protect people and the planet. “We are proud to join the U.N. Global Compact and…
Read MoreHerbalife Nutrition Repurchases $600 Million of its Shares from Icahn Enterprises
Herbalife Nutrition announced it will repurchase approximately $600 million of its common shares from Carl C. Icahn of Icahn Enterprises. The purchase of the shares, priced at $48.05 per share, is funded by the company’s cash on hand and existing credit facilities. In 2013, while under pressure from short sellers, the company agreed to give…
Read MoreHerbalife Nutrition Foundation Donates Food to Ghanaian Children
Herbalife Nutrition’s philanthropic initiative, Herbalife Nutrition Foundation (HNF), celebrated Universal Children’s Day by donating food to its Casa Herbalife partner SOS Children’s Village, Tema. Casa Herbalife is a network of 140 global charities Herbalife collaborates with to support its mission to help eliminate world hunger and malnutrition. “We’re very grateful to Herbalife Nutrition Foundation for…
Read MoreHerbalife Enters Hemp-Cannabinoid Skincare Market
Herbalife Nutrition recently introduced Enrichual, a new line of topical skincare products formulated with hemp-cannabinoids. With the launch of its Enrichual line, the company enters the rapidly growing hemp-cannabinoid market. The Brightfield Group forecasts U.S. sales in the market to reach $12.4 billion by 2023. “The cannabinoid market is a new space for us and we’re excited that…
Read MoreHerbalife Announces Changes to Senior Leadership
The Board of Directors of Herbalife Nutrition Ltd. announced that Bosco Chiu will serve as the company’s first-ever chief risk officer. Chiu, who has served as executive vice president and chief financial officer, has been with Herbalife Nutrition for 27 years, holding progressive roles and responsibilities over various accounting and finance functions. Before joining Herbalife Nutrition, he was an auditor at Price…
Read MoreHerbalife Reports Over 22% Increase in Net Sales for Q3
Herbalife Nutrition Ltd. reported net sales of $1.5 billion for the third quarter ended September 30, 2020. Sales increased 22.3 percent compared to the third quarter of 2019. The total represents the largest quarterly result in company history. “We achieved another net sales record for the quarter, exceeding $1.5 billion, as consumer interest in health…
Read MoreHerbalife Announces Formation of ESG Committee
The Board of Directors of Herbalife Nutrition Ltd. announced the formation of an ESG committee (environmental, social and governance) of the Board of Directors. This decision was made given the importance of leading in the areas of sustainable, socially responsible and ethical practices. Over the past 40 years, Herbalife Nutrition has been changing people’s lives with great nutrition…
Read MoreHerbalife Nutrition, Puerto Rico Signs Professional Basketball Player J.J. Barea to a Multi-Year Sports Nutrition and Performance Sponsorship
Herbalife Nutrition recently signed NBA player J.J. Barea as part of an exclusive multi-year sponsorship deal. The company will serve as his official sports nutrition and performance partner through September 2022. “We are excited to work with J.J., as his dedication to wellness and performance aligns with our values and commitment to helping people live…
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