Nu Skin

DSN Source: China Conducting Random Compliance Checks

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…

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Nu Skin Q2 Revenue Down 11%

Nu Skin Q2 2019

Nu Skin Enterprises, Inc. (NYSE: NUS) announced second-quarter 2019 results of $623.5 million, a decrease of 11 percent from $704.2 million in the second quarter of 2018. “As previously announced, our second-quarter results were negatively impacted by limited sales meetings, media scrutiny and consumer sentiment in Mainland China in connection with the recently completed 100-day review…

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Q&A with Ryan Napierski

Ryan Napierski

Transformation is a Perpetual Process. Nu Skin President Ryan Napierski was named the DSA Chairman at the DSA Annual Meeting in June. I recently connected with Ryan to talk about his focus and vision for his upcoming new role as well as insights on what is happening at Nu Skin. We are a couple months…

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Financial Analysis

China

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…

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The China Conundrum

China

What will be the impact of China’s 100-day action on the direct selling channel going forward? Time will tell. When Direct Selling News released its Global 100 list of the top direct selling companies in the world in June, one country was conspicuously underrepresented. China, the second largest direct selling market, had only one company…

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Direct Selling Australia Announces 2019 Industry Award Winners

Direct Selling Australia

Direct Selling Australia announced the winners of the 2019 DSA Industry Awards on June 24 at its 52nd annual conference, Get in Touch. The awards recognize the achievements of member companies that are transforming the lives of those seeking flexible and meaningful ways to earn an income, often following an exit from the workforce due to…

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U.S. DSA Announces 2019 Officers, Directors

Direct Seller Independence Act

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…

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Forbes Names Nu Skin One of America’s Best-in-State Employers

America's Best-in-State Employers

Nu Skin has been recognized by Forbes magazine as one of America’s Best Employers in Utah for 2019. The company has consistently been recognized as a top employer in its industry and its markets around the world, and this recognition is part of Forbes’ inaugural listing of Best Employers by State. “As Nu Skin has grown the past 35 years into a…

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