Herbalife
Michael O. Johnson Reassumes Herbalife CEO Role Following Goudis Departure
Herbalife Nutrition Ltd. announced that effective immediately, Michael O. Johnson, the company’s executive chairman, will reassume the role of CEO. The Board of Directors of Herbalife Nutrition Ltd. Made the announcement that Johnson will serve on an interim basis following the resignation of current CEO Richard Goudis. Johnson, who led the company as its chief executive officer from 2003 to 2017,…
Read MoreHerbalife Donates $30,000 to Build New Roof for Winston-Salem YWCA
Herbalife Nutrition (NYSE:HLF) recently presented a $30,000 donation to the YWCA’s Best Choice Center in Winston-Salem, North Carolina, to help replace a damaged roof. “The Best Choice Center is a key contributor to the transformative health and wellness of the community, and we are proud to be a partner in that positive change,” said Mark Evans, general manager of the Herbalife Nutrition Innovation…
Read MoreHerbalife Nutrition Foundation to Expand Casa Herbalife Program
Herbalife Nutrition Foundation (HNF) announced that it will commit an additional $1 million to expand its Casa Herbalife program. The pledge will help the program, which was established in 2005, expand to more than 20 new community partners who provide access to good nutrition for children all over the world. The program currently serves more than 100,000 children in…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreHerbalife Nutrition Launches Iced Coffee Product
Herbalife Nutrition entered the $38 billion coffee industry yesterday the launch of a Mocha High Protein Iced Coffee. The company’s recent global breakfast survey of over 8,000 people revealed that in the U.S. specifically, more than 60 percent of consumers drink coffee daily. Younger coffee drinkers are driving the iced coffee category growth—in 2017, more than 50…
Read MoreHerbalife Named Corporate Partner for UN Responsible Business Forum
Herbalife Nutrition has been named a corporate partner for the United Nation’s Responsible Business Forum on Sustainable Development 2018. This is the third consecutive year the Los Angeles based company has supported the UN’s Sustainable Development Goals (UNSDG). Organized by Global Initiatives and the United Nations Development Programme at Marina Bay Sands in Singapore from October 11–12, the forum…
Read MoreHerbalife Nutrition Turns Pink to Help American Cancer Society
Los Angeles-based Herbalife Nutrition recently announced its support for the American Cancer Society to help bring awareness and raise funds for its life-saving mission. In addition to a $250,000 donation, Herbalife Nutrition will be selling co-branded pink water bottles, with proceeds benefiting the American Cancer Society. To honor those who have and continue to battle breast cancer, the company will unveil “purpose in pink”…
Read MorePublic Direct Sellers: Strong Q2 for Wellness Companies
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane…
Read MoreHerbalife Study Reveals Time-Starved Consumers Skip Breakfast
Los Angeles-based Herbalife Nutrition, in conjunction with National Breakfast Month, announced the results of its Healthy Breakfast Survey of more than 8,000 global consumers. The survey about breakfast attitudes and consumption habits, which can have serious health implications for consumers, revealed that while 95 percent of respondents acknowledge the importance of eating breakfast, nearly 50 percent don’t…
Read MoreHerbalife Nutrition Goes Back to School with Innovative Activewear Design Challenge
Los Angeles-based Herbalife Nutrition announced a design competition in collaboration with the prestigious Fashion Institute of Design & Merchandising (FIDM). Kicking off with the new school year, the design challenge is part of a special Advanced Study Program, International Manufacturing & Product Development, where FIDM students will develop a line of activewear for Herbalife Nutrition’s…
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