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Vince Perfetti Named Nu Skin Enterprises Chief Transformation Officer
Vince Perfetti Named Nu Skin Enterprises Chief Transformation Officer
Nu Skin Enterprises recently announced Vince Perfetti has joined the company as chief transformation officer and senior vice president of technology. Perfetti will lead the company’s technology transformation to develop an industry-leading customer experience and further empower the company’s sales force to build a socially enabled business to attract more customers. “Technology plays a fundamental […]
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Euromonitor ranks Nu Skin #1 At-Home Beauty Device System Brand
Euromonitor ranks Nu Skin #1 At-Home Beauty Device System Brand
Nu Skin has been ranked the world’s number one at-home beauty device system brand for 2017 and 2018 by Euromonitor International Ltd. “Nu Skin has differentiated itself in the rapidly growing at-home beauty device market with Device Systems that combine powerful serums and solutions with beauty devices to become the leading brand,” said Ryan Napierski, president of Nu […]
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2019 Best Places to Work in Direct Selling – Nu Skin
2019 Best Places to Work in Direct Selling – Nu Skin
“Nu Skin continually pushes the boundaries in our efforts to improve the lives of our employees, helping create a happy, loyal work atmosphere.”—ANDREA CHRISTENSEN OD PROGRAM AND ENGAGEMENT MANAGER Company / Nu Skin Enterprises Headquarters / Provo, Utah Number of Full-Time Employees / More than 1100 Year Founded / 1984 WHAT MAKES YOUR COMPANY ONE OF THE BEST PLACES TO […]
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The Best Places to Work in Direct Selling 2019 Honorees!
The Best Places to Work in Direct Selling 2019 Honorees!
Congratulations to all of our 2018 Best Places to Work in Direct Selling Honorees! 4-Time Winners Nu Skin Team National Zurvita 3-Time Winners LifeVantage Xyngular Jeunesse Isagenix Plexus Worldwide First Time Winners Total Life Changes Noonday Collection Youngevity MONAT Each company above is profiled in this supplement, with employees and executives sharing why they believe […]
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Nu Skin Q4 2018 Sales Up 3%; Up 18% for Year
Nu Skin Q4 2018 Sales Up 3%; Up 18% for Year
Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth-quarter and 2018 financial results. Revenue for the fourth quarter ending December 31, 2018 was $693.3 million, up 3 percent from the fourth quarter of 2017. “We delivered another strong quarter despite a challenging comparison from the $130 million LumiSpa introduction in the prior year,” said Ritch Wood, […]
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Public Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
Public Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we […]
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DSHEA: Sen. Orrin Hatch’s Legacy to Direct Selling
DSHEA: Sen. Orrin Hatch’s Legacy to Direct Selling
Photo credit: AP Photo Orrin Hatch, the senior senator from Utah—home to nearly 100 direct selling companies—will retire next month. The 84-year-old Hatch, the longest-serving Republican senator in US history, has spearheaded several initiatives during his time in Washington, including leading the Senate’s anti-terrorism bill in response to the Oklahoma City bombing, and, as a senior member of […]
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Public Companies Faring Well Through First 3 Quarters of 2018
Public Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for […]
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Nu Skin Revenue Up 20% in Q3 2018
Nu Skin Revenue Up 20% in Q3 2018
Nu Skin Enterprises, Inc. (NYSE: NUS) announced third-quarter 2018 revenue of $675.3 million, an increase of 20 percent over the prior-year period. “We delivered strong year-over-year financial results with reported revenue growth in every region, highlighted by double-digit increases in Mainland China and Southeast Asia,” said Ritch Wood, chief executive officer. “This is our fourth consecutive quarter of revenue […]
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Public Direct Sellers: Strong Q2 for Wellness Companies
Public Direct Sellers: Strong Q2 for Wellness Companies
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane […]
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DSA of Canada Announces 8 New Board Members
DSA of Canada Announces 8 New Board Members
The Direct Sellers Association of Canada recently announced the appointment of eight new members to its Board of Directors. The newly appointed directors are: Helena Alexandre – Vice President and General Manager, Arbonne International Canada Gina Bresciani – Director of Canadian Operations, USANA Health Sciences Tracy Casey – Canada Sales Manager, Scentsy Len Iakiri – Country Manager, Amway Canada Patricia […]
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A New Age for Direct Selling – In the age of Amazon, how will the industry continue to compete?
A New Age for Direct Selling – In the age of Amazon, how will the industry continue to compete?
They may not be losing the war, but traditional American retailers sure are taking a beating in battle. Forbes has reported that malls and shopping centers lost more than 10,000 stores in 2017, “perhaps the worst year on record,” wrote Ben Gamse, Market Research Manager for the U.S. Direct Selling Association (DSA), in our July issue. […]
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