Nu Skin has become a member of the EcoBeauty Consortium, a group working to develop an industry-wide environmental impact assessment and scoring system for cosmetics products.
Nu Skin announced first quarter revenue of $604.9 million in 2022. The company’s gross margin was 73.3%, slightly down from the previous year’s 74.8%. Operating margin was also slightly impacted, at 8.6%, down from 9.3% the previous year.
Thankfully, direct sellers have made impressive strides in recent years, and some companies are truly changing the narrative by taking ownership and course correcting toward more customer centricity, better efficacy and next-level customer experience initiatives.
Nu Skin announced a collaboration with Infosys Equinox, a human-centric digital commerce platform, that will help the company scale its business model through social commerce.
In its 2021 Social Impact and Sustainability Report, Nu Skin shared its progress toward its environmental, social and governance (ESG) priorities, including its sustainability commitments and global giving efforts.
Nu Skin Enterprises, Inc. was recently honored with two Comunitas Awards, which recognizes the spirit of communitas, or people helping people. Nu Skin’s recognitions included an award for its leadership in community service and corporate social responsibility, which was based on the company’s efforts to fight malnutrition, provide health and wellness opportunities for children, and […]
In honor of International Women’s Day, Nu Skin announced a donation of almost $100,000 to MCE Social Capital, a nonprofit impact investing firm that creates economic opportunities focused on helping women and the environment. “Nu Skin’s mission has always been focused on empowering people to improve lives, a focus that we share with MCE Social […]
A number of direct selling companies released statements this week announcing their efforts to provide relief for the people of Ukraine as well as strong declarations denouncing Russia’s actions.
Common Practices. Managerial Courage. Calculated Risk. If a founder’s belief in a hero product starts a company on its journey toward the billion-dollar mark, then it’s stellar decision-making and a determined field that can propel them into momentum and triple digit multimillion-dollar status. But scaling to a billion or more? What does it take to get […]
Nu Skin announced its fourth quarter and full year financial report for 2021. Included in the report are revenue increases for both categories, with fourth quarter revenue seeing a 10% boost and annual revenue increasing by 4%.
In partnership with market research firm Statista, Forbes announced its 2022 America’s Best Midsize Employers list.
2021 was a landmark year for direct selling on many fronts. This post is the second in a series of articles looking back on 2021 and looking ahead to 2022.