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:
When it comes to online shopping, dietary supplements join the likes of personal care products like razors and oral care, where consumers are more likely to hit ‘subscribe,’ according to an analyst from market research firm Mintel.
Natural Grocers posted a strong earnings report in its most recent quarter. The company seems to be forging a more balanced growth strategy, one that is not so dependent on the breakneck pace of new store openings as was the case in the past.