Posts Tagged ‘China’

Q1 Results: NHT Hit Hard by 100 Day Action in China; Down 63%

100-day

Natural Health Trends Corp. (NASDAQ: NHTC), which markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, recently announced its financial results for the first quarter ended March 31, 2019. Total revenue of $19.3 million decreased 63 percent compared to $52.4 million in the first quarter of 2018 primarily due to a…

Read More

USANA Appoints Brent Neidig Chief Officer and Managing Director of China

Brent Neidig

USANA recently announced that Brent Neidig has been appointed chief officer and managing director of China. As executive vice president of China since February 2017, Neidig oversaw USANA’s Chinese subsidiary, BabyCare, and the notable expansion of USANA’s presence in China. His new role will see him continue his efforts to grow and manage USANA’s Chinese…

Read More

Herbalife Nutrition Net Sales Up 10% for 2018

Herbalife Nutrition Net Sales

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 More

Nu Skin Q4 2018 Sales Up 3%; Up 18% for Year

Nu Skin Building

Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth-quarter and 2018 financial results. Revenue for the fourth quarter ending December 31, 2018 was $693.3 million, up 3 percent from the fourth quarter of 2017. “We delivered another strong quarter despite a challenging comparison from the $130 million LumiSpa introduction in the prior year,” said Ritch Wood,…

Read More

LifeVantage Q2 2019 Revenue Up 17.6%

LifeVantage Corporation (Nasdaq: LFVN) reported financial results for its second quarter ended December 31, 2018. Revenue increased 17.6% to $58.2 million year over year and 4.6% sequentially; Revenue in the Americas increased 15.0% year over year and 3.3% sequentially. Revenue in Asia/Pacific & Europe increased 25.0% year over year and 8.2% sequentially; Active members increased 8.2%, including independent distributor growth of 6.5% and active customer…

Read More

Avon to Sell China Manufacturing Operation

Guangzhou, China

Avon Products, Inc. (AVP) announced it has entered into a definitive agreement with TheFaceshop Co., Ltd., for its manufacturing operation in China. TheFaceshop Co., Ltd., a subsidiary of LG Household & Health Care Ltd., one of Asia’s largest consumer goods and beauty companies, will acquire all of the shares of Avon’s Beauty manufacturing operation in Guangzhou. Net proceeds to…

Read More

Beauty & Personal Care Market Expected to Reach $716 Billion by 2025

Augmented Reality

The global beauty and personal care products market size is anticipated to reach $716.6 billion by 2025. According to a new report by Grand View Research, there are four key factors that are expected to drive a CAGR of 5.9 percent in the market over the forecast period: Growing preference for natural and organic personal care (NOPC) products Increasing…

Read More

Young Living Products Now Available in China

Young Living China

Young Living Essential Oils recently celebrated its official expansion into China. To celebrate the availability of its products there, the company held a ribbon-cutting ceremony at the new Young Living Guangzhou Experience Centre in Guangzhou, China, on October 19. “Making our products available in China is a major step toward fulfilling Gary Young’s mission to…

Read More

Herbalife 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 More

Cannabis Legislation Will Open New Doors for Direct Sellers

Next month, the U.S. Senate and House of Representatives are expected to meet to reconcile differences in their versions of the Farm Bill. One of the key points to be considered, the legalization of industrial hemp, is being carefully monitored by several direct selling companies looking to take part in what is expected to be…

Read More