Nu Skin is looking to further grow its already extensive footprint in the China market by making a $200m investment in its manufacturing and logistical operations there.
According to the China National Committee on Ageing, major US personal care players are investing in China’s ageing population, a segment that has seen explosive growth in terms of cosmetic expenditure of late.
Utah-based Nu Skin has received official notification from China's Ministry of Commerce of its approval to commence direct selling activities in five additional provinces and 30 districts.
US-based skin care and nutraceuticals specialist Nu Skin has revealed significant growth in its sales in Thailand for the year so far, on the back of the popularity of its AgeLoc brand..
US-based law firm Bronstein, Gewirtz & Grossman (BG&G) has announced it will investigate potential claims made about Nu Skin Enterprises concerning potential violations of federal securities laws.
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
The resumption of direct sales in the fast-growing China market is
providing big names such as Avon, Amway and Oriflame with plenty of
opportunity, but it seems that, with its return, an old problem is
back - the pyramid scheme.
NuSkin Enterprises, the Utah-based cosmetics and supplements maker,
has announced record quarterly revenue. Results were given a big
boost by the performance of its supplements division, which
detracted from the performance in the...
Avon Products is to closely follow developments in China this year
for a change in direct-selling legislation. Avon - the world's
largest direct seller of cosmetics to consumers - says it is ready
to resume direct-sales in the...
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