The founders of New Chapter have severed their relationship with Procter & Gamble because they said “financial pressures to accelerate profits” meant they could no longer in good conscience continue to associate themselves with the brand.
Dietary supplement brand holder FitLife Brands has posted its first quarterly profit in almost two years as it continues to wrestle with a failed acquisition and the struggles of its largest sales platform—GNC.
Kerry Group has cemented its long-standing ties with India by contributing €500,000 to fund a new wing at the Noon Hospital and Research Centre in Rajasthan, India, as part of a five-year support programme.
An investment fund comprised of key execs formerly behind Swisse Wellness is pumping cash into Elle McPherson's WelleCo brand, with a focus on providing operational leadership, growth in the US and China, and help to boost supply chain and sourcing...
Activist investor Bill Ackman has reportedly exited his short position on Herbalife, ending a high profile, multi-year attempt to drive down the company’s stock price with allegations that its business model constituted an illegal pyramid scheme.
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...
Chinese investment into Australian health firms, including supplement manufacturers, will continue to grow as the country's healthcare system matures and the population ages, analysts from KPMG are forecasting.
Natural Grocers’ stock price plunged more than 25% yesterday after the company missed profit projections in its most recent earnings statement. The stock price decline came despite an uptick in revenue.
A joint venture between ingredient suppliers Cargill and PURIS announced today will allow for the significant expansion of pea protein production at a time when more consumers are looking for plant-based options that deliver health benefits, are sustainable...
Most food and beverage startups dream of expanding from a local brand serving only a handful of stores to one that is nationally distributed to hundreds or thousands of retailers, but the logistics of getting there can be a nightmare if not carefully...
By Michael McGuffin, president, American Herbal Products Association
The herbal industry continued to evolve in 2017 to meet the steadily increasing demand for high quality botanical ingredients in an array of consumer goods from teas and health supplements to personal care products and Traditional Chinese Medicine.
A bill now before the US House of Representatives that seeks to clarify the boundaries of Multi Level Marketing operations is imperfect but better than the status quo, said an attorney familiar with the sector.
Despite a high profile legal wrangle with FTC and with the New York Attorney General, memory support supplement manufacturer Quincy Bioscience has enough revenue in the tank to afford a high-dollar sponsorship of a NASCAR racing team.
Nutraceutical International Corporation’s longtime aggressive acquisition strategy has borne the ultimate fruit in the announcement today that the company will be sold to a private equity firm for $446 million.