Nu Skin celebrates the 25th anniversary of its Epoch line with new sugarcane-based Eco-Pac sustainable packaging. This enhanced commitment to better the environment is part of the product line’s refresh and includes a 13-piece collection of products for the body, skin, hair and baby that features safe, natural and effective ethnobotanical ingredients from indigenous cultures […]
Nu Skin announced it has completed its goal, set in 2019, to assess, score and improve the environmental impact score of its top 20 products. The company’s initial changes are estimated to have saved at least 16.5 tons of paper and 21 tons of plastic during 2020. The company’s previously announced sustainability efforts are also […]
Through its philanthropic mission Nourish the Children (NTC), Nu Skin announced it has purchased and donated more than 700 million meals to malnourished children in more than 60 countries around the world since 2002. The NTC initiative allows Nu Skin leaders, customers and employees to purchase and donate VitaMeal, a nutrient-dense food, through NTC’s third-party […]
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 […]
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, […]
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 […]
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 […]
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 […]
(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 […]
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) […]
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 […]
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 […]
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