Beauty and wellness MLM NuSkin’s recent disappointing earnings report mirrors that of other network marketing companies that list China as a major market.
NuSkin Enterprises is among the latest multi level marketing companies transitioning to a hybrid model that includes affiliate marketers, the company announced recently.
Network marketing giant Herbalife has announced an agreement in principle with US authorities over a bribery scandal in China. The reported pact, which includes a $123 million fine, was part of the company’s first quarter earnings report, which came...
Network marketing company Usana reported $1.19 billion in annual revenue in its fourth quarter earnings statement. The company now derives more than 80% of its revenue from the Asia-Pacific region.
Herbalife’s global sales rose 15% in the third quarter. Record sales in China and the rest of Asia helped drive the result, and the company bucked recent trends in the multi-level marketing sector by posting sales increases in North America as well.
Dietary supplement direct sales company Usana reported a 13.4% rise in sales in its most recent quarter. The increase was driven almost entirely by soaring sales in its Asia-Pacific region.
Herbalife says it is successfully emerging from the pall cast by an investigation and subsequent fine levied by the US Federal Trade Commission. The network marketing giant said fourth quarter earnings showed that business is trending back up after taking...
An internal investigation into business practices in China has taken some of the air out of the balloon of Usana Health Sciences, as the company’s stock price declined after an earnings report that was lower than analysts’ estimates. And a launch of a...
Herbalife has shaken off the lingering effects of a big-ticket settlement with the Federal Trade Commission with a relatively solid quarterly results statement that was welcomed by stock traders.
In the midst of an internal review of its Chinese operations, Usana Health Sciences reported a 6.2% increase in sales derived almost entirely from the Asia Pacific region.
Direct selling giant Amway has reported a third year of declining revenue. Sales in 2016 declined 7% to $8.8 billion, with a big drop in China driving the slide.
