Posts Tagged ‘Los Angeles’

Herbalife Named Corporate Partner for UN Responsible Business Forum

United Nations

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…

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Herbalife Nutrition Turns Pink to Help American Cancer Society

Los Angeles-based Herbalife Nutrition recently announced its support for the American Cancer Society to help bring awareness and raise funds for its life-saving mission. In addition to a $250,000 donation, Herbalife Nutrition will be selling co-branded pink water bottles, with proceeds benefiting the American Cancer Society. To honor those who have and continue to battle breast cancer, the company will unveil “purpose in pink”…

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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…

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Q2 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,…

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Herbalife Nutrition Partners with American Red Cross on #MissingType Campaign

Blood Donation

In its ongoing support of the American Red Cross, and to help bring awareness for the need of blood donors, Los Angeles-based Herbalife Nutrition recently announced its support for the American Red Cross #MissingType campaign. Through July 3, Herbalife Nutrition will join the Red Cross and other organizations, celebrities and influencers to remove the letters representing the main blood groups–– A, B and O––from…

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Herbalife Net Sales Up 7% in First Quarter 2018

Herbalife Building

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…

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Herbalife Family Foundation Raises $1.8 Million to Support Underserved Children

Herbalife Children Faces

Herbalife Nutrition, a Los Angeles-based health and wellness brand, announced that the Herbalife Family Foundation (HFF) raised $1.8 million at its annual gala fundraiser to support more than 130 nonprofit partners in 50 countries around the world. Through its Casa Herbalife Program, HFF commits ongoing support to its charity partners, which include orphanages, community centers and hospitals,…

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Hedge Fund Manager Ackman Exits Losing Bet Against Herbalife

Herbalife Building

On Wednesday, Feb. 28, hedge fund manager William Ackman told CNBC’s Scott Wapner that his Pershing Square Capital company has exited its bet against Los Angeles-based nutritional supplement maker Herbalife. The announcement came five years after Ackman’s on-air verbal confrontation with billionaire Carl Icahn, an Herbalife investor, on CNBC. In December 2012, Ackman launched a…

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Herbalife Announces Name Change, Initiatives to Enhance Shareholder Value

Herbalife Nutrition Logo

Los Angeles-based Herbalife Ltd. has announced its intention to change the company name to Herbalife Nutrition Ltd. In addition, the third-largest direct selling company in the world announced several strategies designed to enhance shareholder value. According to the company, the name change to Herbalife Nutrition Ltd. reflects the company’s commitment to leadership and expertise in the field…

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