Herbalife reported a 3% rise in sales for its full year, recording $4.9 billion in revenue. The increase was achieved even with sharp declines in China attributable to that country’s regulatory crackdown on multi level marketing companies.
Provo, UT-based MLM NuSkin saw year-over-year revenues fall by 10% as a result of the continued regulatory pressure in China. The COVID-19 disease outbreak is expected to depress results even further in the coming year.
The United States Food and Drug Administration has suspended all inspections of facilities in China in keeping with a State Department travel advisory, the agency announced on Friday.
The Natural Products Association credits a grass roots pressure campaign with forestalling the advance of two troublesome Illinois State measures. One affects weight management supplements and the other CBD businesses.
The new trade deal that modified the NAFTA pact is the first to specifically mention supplements and could benefit the industry, a trade organization says.
There is a plethora of ingredients clamoring for attention in the weight management space and there are studies that support them—as long as you don’t get your hopes too high.
Consulting firm Trust Transparency Center has announced a new initiative that the firm says will streamline the examination of single ingredient sourcing issues in the marketplace.
The Natural Products Association has attempted to get out ahead of a potential issue for the industry by asking federal authorities to monitor dietary supplement companies claiming to treat coronavirus infections.
The Chinese authorities allowed the use of six traditional Chinese medicinal herbs as food spices, but manufacturers will not be allowed to attach any health claim under this process.
A New York-based contract manufacturer has recalled hundreds of lines of products manufactured over a period of almost seven years in a consent decree it publicized recently.
