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 […]

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 […]

Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth quarter and 2019 financial results. For the fourth quarter of 2019 the company reported revenue of $583.4 million, down 15 percent from 2018. Regionally, revenue for Q4 2019 was as follows: Mainland China, down 29% Americas/Pacific, down 9% South Korea, down 20% Southeast Asia, down 7% Japan, […]

Nu Skin Enterprises, Inc. (NYSE: NUS) announced fourth quarter and 2019 financial results. For the fourth quarter of 2019 the company reported revenue of $583.4 million, down 15 percent from 2018. Regionally, revenue for Q4 2019 was as follows: Mainland China, down 29% Americas/Pacific, down 9% South Korea, down 20% Southeast Asia, down 7% Japan, […]

Nu Skin Enterprises, Inc. (NYSE: NUS) announced third-quarter 2019 revenue of $589.9 million, a 13 percent decline from $675.3 million in 2018. “We delivered strong profitability, with earnings per share at the high end of our range due to our focus on operational efficiencies,” said Ritch Wood, chief executive officer. “Revenue came in slightly below expectation, primarily due […]

Nu Skin announced another major milestone in its Nourish the Children (NTC) initiative, surpassing more than 650 million meals purchased and donated since 2002. Malnourished children in more than 50 countries around the world have been fed VitaMeal, a nutrient-dense food, from one of NTC’s third-party charity partners after Nu Skin sales leaders, customers and […]