Herbalife
Herbalife’s Chief Health and Nutrition Officer Attends 12th U.S.–China CEO Dialogue
Herbalife Nutrition announced that Dr. John Agwunobi, co-president and chief health and nutrition officer, attended the 12th U.S.–China CEO Dialogue on September 10, in Beijing. The event, co-organized by the China Center for International Economic Exchanges (CCIEE) and the U.S. Chamber of Commerce (USCC), is designed to further dialogue between U.S. companies and Chinese government…
Read MoreDSN Source: China Conducting Random Compliance Checks
A source close to DSN is reporting that the Chinese government is conducting random checks to ensure companies selling wellness products in China are complying with the terms that came out of the 100-day freeze that ended in April of this year. The DSN source added that it’s not strange for the government to follow…
Read MoreChina’s 100-Day Action Continues to Impact Herbalife, Nu Skin, USANA
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact…
Read MoreHerbalife Reports Q2 Net Sales of $1.2 Billion
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our…
Read MoreFinancial Analysis
Public direct sellers: China issues have direct selling stocks starting 2019 off slowly; rideshare unicorn IPOs banged up in the public markets. China Issues Plague Direct Selling Stocks Our proprietary index of Direct Selling stocks continues to lag the S&P 500 so far this year through mid-May, down 3 percent versus +13 percent for the…
Read MoreU.S. DSA Announces 2019 Officers, Directors
The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors. Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…
Read MoreHerbalife Survey: 7 in 10 People in Asia Pacific Aspire to Be Business Owner
Herbalife Nutrition’s recently released Asia Pacific Entrepreneurship Survey 2019 revealed that seven in 10 (71%) of consumers in the region aspire to own a business. Conducted in April 2019, the study showed the desire to become an entrepreneur being the strongest among those in Indonesia (96%), the Philippines (92%), Thailand (89%) and Malaysia (86%). In addition, the majority (54%) of people in Asia Pacific believe that working on…
Read MoreHerbalife Nutrition Partners with American Red Cross on Missing Types Campaign
Herbalife Nutrition recently announced it will join the American Red Cross and other organizations, celebrities and influencers in support of the Missing Types campaign. Herbalife will remove the letters representing the main blood groups—A, B and O—from its logo to illustrate the critical role blood donations play in patient care. The campaign runs from June…
Read MoreHerbalife Named Official Sports Nutrition Partner of 2019 ICC
Herbalife Nutrition recently announced it has been named the official sports nutrition partner of the International Champions Cup (ICC). The ICC, founded in 2013, is the world’s premier annual summer soccer tournament featuring 12 of the top clubs in the world, playing 18 matches in 16 cities across North America, Europe and Asia. It is…
Read MoreHerbalife Reports $1.2 Billion for Q1 2019
Los Angeles-based Herbalife Nutrition Ltd. (NYSE: HLF) reported net sales of $1.2 billion for the first quarter ended March 31, 2019. The sales included growth in four of six regions—Asia Pacific, North America, EMEA and Mexico—and was approximately flat compared to first quarter 2018. Excluding China, net sales increased 6 percent compared to the first…
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