Posts Tagged ‘Asia-Pacific’
China’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 MoreNature’s Sunshine Announces Restructure of Global Business Units
Nature’s Sunshine Products, Inc. recently announced the restructure of its global business units as well as the appointment of new executives. The company’s restructure of its global business units included creating four regional Operating Business Units (OBUs) to further align and target regional strategies driving synergies in product, organizational and go-to-market capabilities across both the…
Read MoreTupperware Q2 Sales Down 11%
Tupperware Brands Corporation (NYSE: TUP) announced second quarter 2019 operating results. Second quarter 2019 sales were $475.3 million, down 11 percent, and local currency sales were down 7 percent. “Overall, the business fell short of our expectations in some markets as geopolitical concerns and lower consumer spending headwinds in two of our key markets resulted in…
Read MoreHerbalife Nutrition Net Sales Up 10% for 2018
Herbalife Nutrition Ltd. (NYSE: HLF) reported financial results for the fourth quarter and full year ended December 31, 2018. Net sales for the full year 2018 were $4.9 billion, an increase of 10 percent compared to full year 2017. Fourth quarter reported net sales of $1.2 billion increased 9 percent compared to the prior year…
Read MoreUSANA Sales Up 9.5% in Q4 2018; Up 13.6% for Year
USANA Health Sciences, Inc. (NYSE: USNA) announced financial results for its fiscal fourth quarter and full-year ended December 29, 2018. Fourth quarter 2018 net sales were $299.0 million, compared with $273.1 million in the prior-year period, or a 9.5 percent increase year-over-year. The company’s total number of active customers increased 9.0 percent year-over-year to 616,000.…
Read MoreUSANA Q3 Net Sales Up 13.4%; Tupperware Down 10%
USANA Health Sciences, Inc. (NYSE: USNA) and Tupperware (NYSE: TUP) have announced financial results for the third quarter of 2018. USANA USANA net sales were $296.8 million, compared with $261.8 million in the prior-year period, a 13.4 percent increase year-over-year. The company’s skin and personal care product category contributed approximately $9.5 million in incremental sales for the quarter. The company’s total…
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 MoreWorldVentures Appoints Enrico Garcia as New SEA Emerging Markets Manager
Plano, Texas-based WorldVentures recently announced the appointment of Enrico Garcia as emerging markets manager for Southeast Asia (SEA). “We’re bringing in new leadership to ensure every touch-point of our business delivers personalized, region-specific service that our members and representatives expect from a world-class global organization,” said CEO Josh Paine. “Enrico’s expertise allows us to go…
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…
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