Nu Skin Enterprises
Founded 35 years ago, Nu Skin develops and distributes innovative consumer products, offering a comprehensive line of premium-quality beauty and wellness solutions. The company builds upon its scientific expertise in both skin care and nutrition to continually develop innovative product brands that include the Nu Skin® personal care brand, the Pharmanex® nutrition brand, and most recently, the ageLOC® anti-aging brand. Nu Skin sells its products through a global network of sales leaders in Asia, the Americas, Europe, Africa and the Pacific. As a long-standing member of direct selling associations globally, Nu Skin is committed to the industry's consumer guidelines that protect and support those who sell and purchase its products through the direct selling channel.
Sales Method: Person To Person
Compensation Structure: Multi-Level
Products: Cosmetics; Personal Care; Wellness
Markets: Asia, Americas, Europe, Africa, Pacific
Primary Market: China
Headquarters: Provo, Utah, USA
Executive: Ritch Wood
Year Founded: 1984
Stock Symbol: NUS—NYSE
Primerica Inc., Relìv International Inc., Medifast (Take Shape for Life), Nu Skin Enterprises Inc.
It seems that no matter my age or stage of life, I am surrounded by a culture of women. I attended an all-girls school for 10 years, where our senior class slogan was “Women of Wonder.” At that stage of our lives we were full of wonder and curiosity, but had yet to fully understand where that wonder could lead us. My first job was in the Office of the First Lady at the White House under Hillary Rodham Clinton and it was an honor to work with some awe-inspiring women who were true role models. I recently became a mother for the first time—to a daughter—and throughout my pregnancy and early days of motherhood I was touched by the sisterhood of supportive women I encountered and connected with immediately. And, for the past eight years I have had the privilege of working at the Direct Selling Association on behalf of 16 million direct sellers—nearly 90 percent of whom are women.
The story of direct selling in 2009 and 2010 is much the same as it was worldwide for all industries. Developing nations continued to rise, and China and India were standouts for significant growth. More people were clamoring for additional income opportunities, but overall direct sales numbers were generally lower than they were a few years ago. In short, less was more around the world.