USANA announced the appointment of Timothy Wood, Ph.D., to the company’s board of directors and the promotion of Walter Noot to chief operating officer. “I’m very pleased to welcome Dr. Wood back to USANA as the newest member of our board,” said Myron W. Wentz, Ph.D., Chairman of the Board. “Prior to his retirement in […]
USANA Health Sciences, Inc. (NYSE: USNA) announced financial results for its fiscal third quarter ended September 28, 2019. Third quarter 2019 net sales were $260.6 million, compared with $296.8 million in the prior-year period, or a 12.2 percent decrease year-over-year. The company’s total number of active Customers at the end of the third quarter was […]
A source close to DSN is reporting that the Chinese government is conducting random checks to ensure companies selling wellness products in China are complying with the terms that came out of the 100-day freeze that ended in April of this year. The DSN source added that it’s not strange for the government to follow […]
When the WFDSA numbers came out in June, it showed that 46 percent of the global revenue for direct selling came from Asia/Pacific (32% North America, 21% Europe) with China its largest market making up the bulk of that number (nearly 40%). In our July feature titled The China Conundrum, we discussed the possible impact […]
The Direct Sellers Association (DSA) of Canada recently announced the recipients of the 2019 DSA Awards during their annual conference in Vancouver, British Columbia. The DSA Awards honor and recognize organizations and individuals for their outstanding contributions to the direct selling industry in Canada. “The recipients of these awards are true champions of Canada’s direct selling industry,” […]
What will be the impact of China’s 100-day action on the direct selling channel going forward? Time will tell. When Direct Selling News released its Global 100 list of the top direct selling companies in the world in June, one country was conspicuously underrepresented. China, the second largest direct selling market, had only one company […]
Starting with the July 2019 issue, Direct Selling News is introducing a new monthly ranking, the DSN Digital 100, that will offer added insight on the digital marketing efforts of direct selling companies. The goal of the DSN Digital 100 is to see who within the direct sales industry is executing a sound social media […]
For the 10th consecutive year, USANA has been named to the Direct Selling Association (DSA) Code of Ethics Communication Initiative. The initiative’s purpose is to encourage and promote the education and sharing of the DSA Code of Ethics among member companies, members of the field and the general public. Over the past decade, USANA has been consistently […]
USANA has been named the official nutritional partner of Spartan U.S., joining forces with the world’s leading endurance brand to motivate people to make healthier lifestyle choices. “We are thrilled to collaborate with a like-minded company like Spartan to continue changing lives around the world through healthy, active and holistic lifestyle choices,” said Dan Macuga, USANA chief […]
USANA recently announced that Brent Neidig has been appointed chief officer and managing director of China. As executive vice president of China since February 2017, Neidig oversaw USANA’s Chinese subsidiary, BabyCare, and the notable expansion of USANA’s presence in China. His new role will see him continue his efforts to grow and manage USANA’s Chinese […]
Nu Skin Enterprises, Inc. (NYSE: NUS) and USANA Health Sciences, Inc. (NYSE: USNA) announced first quarter 2019 results. Nu Skin reported first quarter 2019 net sales of $623.6 million, a 7 percent increase over to $616.2 million for the prior-year period. Regionally, net sales in Mainland China were up 12 percent, helped in part by the successful […]
USANA Chief Executive Officer Kevin Guest has been recognized by Utah Business Magazine as a top CEO in Utah. Guest was honored at the CEO of the Year awards, which recognizes executives who exude innovation, show sound business judgment and drive proven financial success. “There are so many innovative leaders and companies in Utah—to be named among its top CEOs […]
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