Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]
Congratulations to all of our 2018 Best Places to Work in Direct Selling Honorees! The companies, listed in alphabetical order, are: AdvoCare Isagenix It Works! Jeunesse LifeVantage Nu Skin Plexus Worldwide Pure Romance Scentsy Team National USANA Xyngular Zurvita Each company above is profiled in this supplement, with employees and executives sharing why they believe […]
“There is a reason employees refer to themselves as part of the ‘Nu Skin family’. The company continually pushes the boundaries in its efforts to enrich the lives of its employees.” —Dave Daines, Senior Vice President of Global Human Resources Company / Nu Skin Headquarters / Provo, Utah Number of Full-Time Employees / 1,200+ Year […]
Nu Skin Enterprises Inc., a Provo, Utah-based seller of cosmetics, personal care and wellness products, has reported fourth-quarter and 2017 financial results. For the fourth quarter ended December 31, 2017, the company reported revenue of $666.2 million, an increase of 25.4 percent from $531.3 million in 2016. “We concluded 2017 on a high note with […]
Nu Skin Enterprises, a Provo, Utah-based skincare and nutritional company, has launched ageLOC LumiSpa. The dual-action skincare device treats and cleanses the skin, delivering a skin treatment and cleansing benefits to reveal smoother, softer skin. “The convenience and immediate results of ageLOC LumiSpa make it ideal for today’s busy consumer,” said CEO Ritch Wood. “With its unique […]
Provo, Utah-based Nu Skin Enterprises Inc. recently announced its second-quarter 2017 financial results. The company reported second-quarter revenue of $550.1 million, compared to $600.5 million in Q2 2016, which included $106 million in limited-time-offer (LTO) sales. Q2 2017 was negatively impacted 2 percent by foreign currency fluctuations. The $550.1 million was at the high end […]
Provo, Utah-based Nu Skin Enterprises concluded its Nu Skin global LIVE! event in a sold-out venue in Salt Lake City with the company’s sales leaders and customers, along with tens of thousands of viewers from around the world celebrating online via live stream. During the conference, company leaders outlined Nu Skin’s growth strategy focused on […]
October feels like a milestone month. The frenzy of back-to-school is behind us, fall is in full swing and the holiday season is just around the corner. In business, October kicks off the final quarter of the year, giving executive teams just three more months to achieve—or perhaps exceed—the goals they set on Jan. 1. […]
Founded: 1984 Headquarters: Provo, Utah Top Executive: CEO Ritch Wood 2016 Revenue: $2.208 billion Global 100 Ranking: 11 Products: Beauty and Wellness Nu Skin Enterprises, the skincare and wellness company founded by Blake Roney, Sandie Tillotson and Steve Lund in 1984, has been able to consistently rank among the upper echelon of direct selling companies in the world because it has […]
IN THIS ISSUE: 2017 DSN Global 100 List DSN Makes its Global 100 Celebration an Event to Remember Frequently Asked Questions about the Global 100 Ranking DSN BRAVO AWARDS: Leadership: It Works! CEO Mark Pentecost: On the Road to Legendary Leadership: Isagenix’s Jim & Kathy Coover: Agents of Change Growth: Jeunesse: Forging an Uncharted Path to […]
My equity research firm focuses on companies that employ the direct selling business model.
“Life’s a bit like mountaineering,” said Sir Edmund Hillary. “Never look down.”
It’s what direct sellers do, too—never look down.