Posts Tagged ‘Asia-Pacific’
Herbalife 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…
Read MoreBillion Dollar Markets
Record global sales, China inches closer to eclipsing the U.S., and emerging markets gain strength. In 2017, global direct selling recorded US$189.6 billion (2017 constant U.S. dollars) in estimated retail sales—a 1.6 percent increase over 2016. — and up nearly $20 billion since 2014, resulting in a 3.7% compound annual growth rate over the 3-year period…
Read MoreQ2 Net Sales Up 12% for Herbalife
Los Angeles-based Herbalife Nutrition Ltd. Yesterday announced financial results for the second quarter ended June 30, 2018. Net sales of $1.3 billion increased 12 percent compared to second quarter 2017. Volume points of 1.5 billion, the highest amount to be recorded in a quarter in company history, increased 12 percent compared to the prior year period,…
Read MoreAvon Reports Q2 Revenue Down 3%
London-based Avon Products, Inc. (NYSE: AVP) today announced its results for the quarter ended June 30, 2018. Total revenue decreased 3 percent to $1.4 billion, or increased 1 percent in constant dollars, both including a benefit of approximately 4 percent due to the impact of adopting the new revenue recognition standard and both including an…
Read MoreForecast for Global Anti-Ageing Product Market Is Promising
Direct sellers with anti-aging products can expect to see continued growth over the next six years according to a new report from ResearchAndMarkets.com. The market research store today released “Anti-Aging Product Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024,” a study on the anti-aging product market that covers analysis of the leading…
Read MoreAvon Products Inc. Appoints Seasoned Industry Executive Bill Rahn to Lead APAC
London-based Avon Products, Inc. recently announced the appointment of Bill Rahn to the position of group vice president, Asia Pacific (APAC). In this role, he will oversee the entire APAC region, leading Avon’s business across five markets—China, India, Malaysia, Philippines and Taiwan. “APAC is an attractive, high-priority region with strategic importance for Avon,” said Jan Zijderveld, chief executive officer of Avon. “I am confident that Bill’s proven track record…
Read MoreHerbalife Net Sales Up 7% in First Quarter 2018
Los Angeles, California-based Herbalife Nutrition Ltd. has reported financial results for the first quarter ended March 31, 2018. Net sales increased 7 percent over the prior year to $1.2 billion. The company exceeded first quarter net sales guidance as well as the high end of reported and adjusted diluted EPS guidance by 18 cents and…
Read MoreUSANA Up 8% for Q4, 4.1% for Full-Year 2017
USANA Health Sciences Inc., a Salt Lake City, Utah-based cellular nutrition company, has reported financial results for its fiscal fourth quarter and full-year ended December 30, 2017. For the fourth quarter of 2017, net sales were $273.1 million compared with $252.9 million in the prior-year period, or an 8.0 percent increase year-over-year. The weakening of the U.S. dollar positively impacted net…
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