Multi level marketing firm Usana absorbed a significant blow from the global spike in COVID-19 infections in late 2021 as it recorded a 14% decline in sales in its fourth quarter earnings report.
Blackmores' in-market sales in China dipped in the first half of the financial year, causing its shares to slide and emphasising the difficulty in shifting from a daigou-based model to domestic Chinese trade.
In an effort to gain more out of its new online subscription service, The Vitamin Shoppe has announced a partnership with platform provider OrderGroove to increase customer enrolment points, and streamline data between brick-and-mortar and online channels.
Natural Grocers will slash the pace of new store openings to focus more on shoring up the performance of existing outlets, the company announced recently.
Blackmores' long-term fortunes in China will be dependent on establishing a successful retail business alongside its current thriving cross-border e-commerce sales, its new CEO told us in an exclusive interview.
Retailer Vitamin World has partnered with Visionet Systems to transform its digital commerce infrastructure, with a strong focus on seamlessly integrating their online channel, brick-and-mortar stores and backend supply chain processes.
Commack, NY-based Gemini Pharmaceuticals is launching StarchCaps vegetable hard-shell capsules from Hunan Er-Kang Pharmaceutical Co. Ltd. for its dietary supplement and OTC customers.
With 118% growth in the mass channel and 32% growth in the natural channel, turmeric/curcumin was the stand-out ingredient in 2015, with overall sales for the ingredient exceeding $50 million in mass & natural channels.
The Vitamin Shoppe has reported total revenue has remained flat, with total comparable sales declining 1.9% in its first quarter results. E-commerce grew by almost 4%.
Private label sales now account for almost one in every ten dollars spent at Sprouts stores, the Phoenix-based retailer revealed this week after posting better-than-expected Q4 results.
NBTY recorded $3.23 billion in net sales in its fiscal year ended Sept. 30, 2015. That total represented a razor-thin gain from the previous, disappointing year but nevertheless was a result that management said it was “generally pleased” with.
Shares of Usana Health Sciences rose as much as 21% after the company announced strong second quarter earnings that were highlighted by a boom in China, where sales rose 84%. The company posted earnings per share that were 17% higher than analysts had...
Worldwide demand for aloe means acreage for this important botanical continues to expand in Mexico, one of the main sources of the ingredient. And that demand has been driven largely by products sold through network marketing companies, an expert says.
The web of Chinese regulations regarding dietary ingredient import and export reached out to ensnare Innophos, a company that derives a portion of its revenue from selling phosphates and other mineral ingredients for dietary supplements and functional...
Usana Health Sciences’ personalized nutrition products and applications have boosted the company’s bottom line, according to statements from company officials during a conference call discussing first quarter results.
The FDA crackdown on stimulant DMAA will not have a big impact on supplements giant NBTY, said chief executive Jeff Nagel on an earnings call last week.
Direct selling giant Amway is to build a new 48,000-square-foot extraction and concentration facility in Quincy, WA, as the company restructures it supply chain.
An LA-based firm on a mission to turn ginseng into next big thing in functional beverages says there is room in the market for a new product that can compete with Red Bull and Monster but pack a greater nutritional punch.
Direct selling supplements giant Herbalife aims to expand its manufacturing footprint dramatically over the next two-to-four years as it steps up plans to make more of its products in-house.
The Council for Responsible Nutrition (CRN) has released a guidance document for selling and marketing supplements to stay up to date on to the laws and regulations under which supplements are sold.
Italy and Germany are the two largest single markets for
nutraceutical products in Western Europe, followed by the UK and
France, according to a recent market overview.
The Asia Pacific market for nutraceutical products by far exceeds
that of North America and Europe, according to data pooled from
different market research firms.
Dietary supplements marketer Herbalife received a $38-a-share offer
from private-equity firm Whitney & Company - who already own 27
percent of its stock - and Monday the company's shares had already
inched up to $40.12.
The momentum behind the roll out of BioGaia's Reuteri to
international markets shows no sign of slowing, with the
announcement of a new agreement with Ferring Pharmaceuticals to
sell the drops in Spain, Portugal, Czech Republic...
Galaxy Nutritional Foods has entered into two definitive agreements
with Schreiber Foods for the sale of its plant assets and the
outsourcing of its manufacturing operations.
Neuro Nutrition, a new company formed by a group of industry
veterans to manufacture and supply scientifically validated
supplements for the body and mind, has signed its first marketing
agreement and has a raft of own-brand products...
Supplement manufacturer NBTY increased its inventory by $35m in the
first quarter of 2005 in a bid to prevent supply issues impacting
sales over the next six months.
Supplement giant NBTY yesterday published its Q4 results, showing a
33 percent rise in profit on the back of an increase in wholesale
supplement sales.
A spokesman for the parent company of Golden, Colorado-based EAS
confirmed today that it is actively looking for a buyer for the
nutritional products firm, according to the Rocky Mountain News.
Last week dietary supplements manufacturer NOW Foods was rewarded
for its export achievements. Philip Pittsford, the company's
international sales manager, explained how his company has
benefited from the US Department of Commerce's...
St Louis based Reliv International, a manufacturer and marketer of
nutritional supplements, has posted positive global results for the
second fiscal quarter of 2004.
Despite a continued decline in sales from its Vitamin World retail
stores, nutritional supplement manufacturer NBTY announced strong
results for the fiscal third quarter, thanks again mainly to the
sales of Rexall product lines.
Galaxy Nutritional Foods (GXY), a producer of plant-based dairy
alternatives, blamed low-carb trends for a net loss in its fourth
quarter. But a change in management and high overheads should also
be considered, reports Philippa Nuttall.
Reliv International, a manufacturer and marketer of nutritional
supplements has announced a $1 million investment to upgrade the
company's manufacturing plant.
Mannatech - a US supplement developer - has reported its highest
annual sales figures to date. The company - reporting a more than
three-fold increase in net profit - attributed its profitablility
to growth in international markets...
Newly-formed Acatris is planning a major assault on the UK market
and has predicted that Britain will be among the top three growth
markets for its health ingredients.
Energy drink maker Hansen Natural reported record gross and net
sales for the second quarter ended June 30, 2002. The company
attributed strong sales to its core beverage lines and new product
introductions.
Twinlab, the US-based manufacturer and marketer of nutritional
supplements, has announced a major restructuring plan designed to
help improve its financial performance.
Reliv International returned to profitability in 2001, despite a
decline in overall sales, as restructuring measures announced a
year earlier began to take effect.
