Direct Selling News announced the first Customer Centric Recognition (CCR) Program recognized company list. The Customer Centric Recognition (CCR) Program celebrates companies that are leading the way toward a sustainable, customer-centric future for the industry. Qualifying companies utilize business models that boast high customer-to-distributor ratios and prioritize customer sales. The CCR Program is based solely…

Read More

Nu Skin announced additional sustainability pledges focusing on zero-waste. The new pledges come during Utah Climate Week and support the Utah Sustainability Business Coalition’s call for companies to make measurable sustainability pledges to support the environment. The company pledged to decrease its waste an additional 30 percent at its global headquarters and committed to educating 100 percent…

Read More

(This article was originally released on August 3, 2020. It has been updated to reflect Q2 2020 financial reports released after that date.) Insights from Transformation Capital show that both large-cap and small-cap direct selling stocks continue to dramatically outperform the Dow Jones Industrial Average (DJIA). Large-Cap Stocks The four large-cap direct selling stocks continued to march higher…

Read More

Nu Skin Enterprises, Inc. announced second-quarter results above expectations and raised its revenue and earnings per share guidance for 2020. For the second quarter ended June 30, 2020, the Provo, Utah-based company reported revenue of $612.4 million, down 2 percent from $623.5 million in Q2 2019. Sales leaders declined 9 percent for the quarter to…

Read More

(This article appeared on forbes.com.) Amid a fast-changing global landscape marked by constant disruption, there are certain industries that have proven to be resilient in the face of change. One such sector is the direct selling industry which started more than a century ago with young men going door to door to sell products. Fast forward…

Read More
Perfetti

Nu Skin Enterprises reported it estimates revenue for the second quarter of 2020 to be approximately $603 to $608 million. The company previously forecasted second-quarter revenue of $520 to $550 million. “We are pleased to report that our expected revenue for the second quarter is well ahead of our previous guidance, driven by strong global customer…

Read More

The growing demand for wellness and health products with a rising rate of diseases has increased the demand for hand sanitizer market. The demand for hand sanitizers seems to be ever increasing, with the health crisis growing rapidly across the globe. With the outbreak of the global pandemic, the need for hand sanitizers has quadrupled…

Read More
Perfetti

Nu Skin Enterprises, Inc. (NYSE: NUS) announced first-quarter 2020 revenue results of $518.0 million, compared to $623.6 million in Q1 2019. The number of sales leaders was 49,551, down 22 percent from 63,248 in Q1 2019. “The efforts and resiliency of our sales leaders and global teams helped us achieve revenue and earnings above guidance in the first quarter,”…

Read More
Perfetti

Nu Skin’s ageLOC LumiSpa was recently named the recipient of the 2020 NewBeauty Award for Best Cleansing Device. Award winners were selected by NewBeauty editors for the 10th Annual NewBeauty Awards, one of the leading publications and awards programs in the beauty industry. ageLOC LumiSpa is a dual-action personal skin care device that works with specifically…

Read More