Herbalife Nutrition Ltd. has appointed Mark Schissel as the company’s new Chief Operating Officer. Schissel will succeed David Pezzullo, who is retiring after working with the company for more than 17 years, and will assume this new title on August 2, 2021.

Herbalife Nutrition announced first quarter 2021 financial results, including an 18.9% increase over the same quarter last year, creating a new company record of $1.5 billion.  “This quarter we delivered record first quarter results with net sales growth of 18.9%, as our distributors delivered valuable nutrition solutions to consumers around the world,” said John Agwunobi, Chairman […]

With the benefit of time and distance, 2020 sales numbers and some hindsight, these industry leaders take a short, retrospective look inside their companies during a year like no other. In so doing, they help the direct selling industry re-think crises while telling the stories of how their teams met disruptive challenges and leveraged 2020’s new business reality to create a renewal that re-energized their field organizations and helped solidify their growth trajectories for 2021 and beyond.

Herbalife Nutrition was named the world’s number one brand in weight management and wellbeing by Euromonitor International, an independent market research firm. This is the fifth year Herbalife has been awarded a top ranking, with previous rankings including the categories of weight management, meal replacements and protein supplements. “Being named the top brand in the […]

Herbalife Nutrition is partnering with Royal Challengers Bangalore for the 2021 season of the Indian Premier League.  “We understand the deep synergy between sports nutrition and performance, and we are proud to extend our expertise to Royal Challengers Bangalore,” said Ajay Khanna, Vice President and India Country Head, Herbalife Nutrition. “The team comprises some of […]

The Board of Directors of Herbalife Nutrition Ltd.  announced the formation of an ESG committee (environmental, social and governance) of the Board of Directors. This decision was made given the importance of leading in the areas of sustainable, socially responsible and ethical practices. Over the past 40 years, Herbalife Nutrition has been changing people’s lives with great nutrition […]

Herbalife Nutrition recently signed NBA player J.J. Barea as part of an exclusive multi-year sponsorship deal. The company will serve as his official sports nutrition and performance partner through September 2022. “We are excited to work with J.J., as his dedication to wellness and performance aligns with our values and commitment to helping people live […]

Herbalife Nutrition announced an expanded partnership with the National Hispanic Council on Aging (NHCOA). The NHCOA is the leading organization working to improve the lives of older Hispanic adults, their families and caregivers. The partnership empowers the aging Hispanic population with necessary tools to support their health by providing access to healthy nutrition, as well as nutrition education […]

Herbalife Nutrition Ltd. announced the preliminary results of its “modified Dutch auction” self-tender offer. The offer, which expired at 5:00 P.M., New York City time, on Tuesday, August 11, 2020, was to purchase up to an aggregate of $750 million of the company’s common shares at a cash purchase price not greater than $50.00 nor less than $44.75 for each share tendered. Based on the […]

Direct selling stocks continue to outperform the Dow Jones Industrial Average (DJIA) amid the current pandemic environment*. Insights from investment banking and business development firm Transformation Capital show that both large-cap and small-cap direct selling stocks have continued to exceed financial expectations since early March, when the coronavirus began to have an economic impact on […]

Direct Selling Australia announced winners of the 2020 DSA Industry Awards at the first-ever virtual ceremony, attended by industry leaders and peers. The awards recognize the achievements of member companies that are transforming the lives of those seeking flexible and meaningful ways to earn an income. “The awards aim to empower independent direct sellers, fuel […]

Herbalife Nutrition, along with the Herbalife Nutrition Foundation, announced an additional $100,000 pledge to expand its partnership with The Hunger Project (THP). The partnership—under its Nutrition for Zero Hunger initiative—will be extended for an additional three years to fund the organization’s women-centered, community-led development and educational programs, investing in rural communities around the world affected by food insecurity and malnutrition. “In […]