Posts Tagged ‘Nu Skin’
Nu Skin ‘s Napierski to Lead WFDSA Advocacy Committee
Nu Skin President Ryan Napierski has been appointed chairman of the Advocacy Committee for the World Federation of Direct Selling Associations (WFDSA). Napierski will lead the organization’s efforts to advocate on behalf of the direct selling industry to key external stakeholders. “We look forward to benefitting from Ryan’s leadership and ability to develop innovative strategies…
Read MoreTransformation Capital: September a Volatile Period for Markets
Transformation Capital reported that September represented a generally volatile period for the markets as a whole. According to the investment banking and business development firm, members of its direct selling tracking set were not immune to the action within the broader indices. Generally speaking, the larger capitalization stocks were flat, to slightly down during the month,…
Read MoreDSN Announced the First Customer-Centric Recognized Company List
Direct Selling News announced the first Customer Centric Recognition (CCR) Program recognized company list. The Customer Centric Recognition (CCR) Program celebrates companies that are leading the way toward a sustainable, customer-centric future for the industry. Qualifying companies utilize business models that boast high customer-to-distributor ratios and prioritize customer sales. The CCR Program is based solely…
Read MoreNu Skin Participates in Global Humanitarian Effort To Give Back To Local Communities
As part of the company’s annual Force for Good Day, Nu Skin is sponsoring projects in markets where the company operates. COVID-19 has increased the global humanitarian needs, and Nu Skin employees and sales leaders are once again stepping up their efforts around the world to give back to those communities where they live and…
Read MoreNu Skin Q2 Revenue Down Slightly but Above Expectations
Nu Skin Enterprises, Inc. announced second-quarter results above expectations and raised its revenue and earnings per share guidance for 2020. For the second quarter ended June 30, 2020, the Provo, Utah-based company reported revenue of $612.4 million, down 2 percent from $623.5 million in Q2 2019. Sales leaders declined 9 percent for the quarter to…
Read MoreHow Direct Sales Can Keep Business Resilient Amid Adversity
(This article appeared on forbes.com.) Amid a fast-changing global landscape marked by constant disruption, there are certain industries that have proven to be resilient in the face of change. One such sector is the direct selling industry which started more than a century ago with young men going door to door to sell products. Fast forward…
Read MoreRecent Public Company Data Confirms Previously Reported Trends in the Direct Selling
Evidence from the public markets continues to validate the data and trends investment banking and business development firm Transformation Capital has been reporting of late. Direct selling continues to stand out as an ideal model in the current pandemic environment. Month-to-date, the four large direct selling stocks have increased in value from 11 percent (low)…
Read MoreNu Skin Reports Estimated Q2 Revenue Above Previous Guidance
Nu Skin Enterprises reported it estimates revenue for the second quarter of 2020 to be approximately $603 to $608 million. The company previously forecasted second-quarter revenue of $520 to $550 million. “We are pleased to report that our expected revenue for the second quarter is well ahead of our previous guidance, driven by strong global customer…
Read MoreFDA Issues Updated Guidance as Demand for Hand Sanitizers Grows
The growing demand for wellness and health products with a rising rate of diseases has increased the demand for hand sanitizer market. The demand for hand sanitizers seems to be ever increasing, with the health crisis growing rapidly across the globe. With the outbreak of the global pandemic, the need for hand sanitizers has quadrupled…
Read MoreFour Direct Selling Companies Leading the Innovation Charge
If necessity is the mother of all invention, we can expect a mother lode. The direct selling industry has never faced the likes of a crisis that we are all going through with COVID-19. Still, companies are rising to the occasion—sending employees home to work virtually, conducting meetings through video conferencing, holding distance events and…
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