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.
Protein beverage newcomer Foundation Fitness is making its debut at a major convenience store trade show next week, signaling the channel’s increasing role as a point of sale for sports and performance-positioned products.
Prostate health is an often neglected area of men’s health, one that could drive significant growth in the future sales of herbal supplements as questions of healthy aging come to the fore, a prominent industry executive says.
In many countries, supplement brands like to market themselves as natural alternatives, or in fact antitheses, to pharmaceuticals. But it’s quite the opposite in Brazil, says André Di Donato, co-founder and co-CEO of MyPharma2Go.
Improvements in financial performance is a sign that its “strategy is directionally correct,” said Vitamin Shoppe president and interim-CEO Alexander Smith during the company’s Q2 earnings call this week.
The Vitamin Shoppe announced a new CEO on Monday, and The Nature’s Bounty Co. announced a new president for its North America business earlier this month. Here’s a round-up of people on the move in the industry: