Day: September 16, 2021

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Herbalife Nutrition Updates Third-Quarter and Year-End Guidance for 2021

Herbalife
Herbalife

Herbalife Nutrition, a leading worldwide nutrition company, stated today that its third-quarter and full-year 2021 outlook has been revised. To ensure that investors have the most up-to-date financial information, the Company is releasing this disclosure ahead of its virtual Investor Day on September 14, 2021.

The Company has witnessed lower-than-expected activity among its independent distributors, resulting in lower-than-expected third-quarter and full-year net revenues. Despite this, we expect net sales growth in the third quarter to be between 14 and 18 percent higher than in the third quarter of 2019, and growth for the whole year to be between 19 and 23 percent higher than in the full year of 2019.

For the previous eight quarters, the Company has produced year-over-year growth, including four consecutive quarters of double-digit net sales growth. We are on track for another record sales year, with a strong growth trajectory and significant cash generation, allowing us to benefit from the fundamental tailwinds that are driving the global nutrition industry, as well as strong demand for our science-based products, as consumers continue to value good nutrition. “However, uncertainty in global markets, fuelled by the pandemic’s prolonged duration, has created unique obstacles in projecting channel behavior,” said John Agwunobi, CEO of Herbalife Nutrition.

About Herbalife Nutrition Ltd.

Since 1980, Herbalife Nutrition has been transforming people’s lives by providing outstanding nutrition products and a business opportunity for its independent distributors. The company sells high-quality, science-backed products in over 90 countries through entrepreneurial distributors who give one-on-one coaching and a supportive community to encourage clients to live a better, more active lifestyle. Herbalife Nutrition is devoted to giving nutrition and education to communities all over the world as part of the Company’s global hunger-eradication program.

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With Another Sunday Times Gen Next Award Triumph, Avon Celebrates Its 135th Anniversary

avon
avon

The Sunday Times annual Gen Next Awards, which were held on September 9, 2021, selected AVON the coolest make-up brand for the 11th year in a row.

The Sunday Times Gen Next Awards is the most widely recognized yearly poll of youth brand preferences and consumer behavior. The survey’s findings, performed by HDI Youth Marketeers, are particularly significant to companies and advertisers since they reflect millennial consumer preferences.

“We are honored to have been named the trendiest make-up brand in the Image and Grooming category, which is a testament to the quality, affordability, and affection for our Beauty goods. This demonstrates that, in our 135th year, Avon Justine is still one of the top beauty brands in terms of innovation, quality, relevance, and performance,” says Momin Hukamdad, Executive Director Marketing.

Hukamdad believes that winning the prize validates Avon’s efforts to bring cutting-edge, on-trend beauty goods to market. Avon’s digital platforms, such as the Avon ON app and its easy-to-use online store, have also been improved.

“This recognition inspires us to try even harder to become our clients’ preferred Beauty Brand. We want to reaffirm our dedication to creating incredible, cutting-edge, yet inexpensive items that will set industry standards,” Hukamdad said.

ABOUT AVON

Avon WATCH ME NOW is a movement dedicated to recognizing and celebrating your accomplishments. We’re here to assist you in being the person you were born to be. We’ll be right there with you, cheering you on as you beat the odds, defy expectations, and reach your full potential.

WOMEN WERE GIVEN THE RIGHT TO EARN BEFORE THEY WERE GIVEN THE RIGHT TO VOTE BY AVON.
We’re the company that not only beautifies but also opens, doors. Over 6 million independent micro-entrepreneurs in over 100 countries, as well as over 50 million Beauty Representatives in 50 nations, are supported by the company.

WE’VE BEEN PROMOTING WOMEN LONG BEFORE IT WAS COMMON.

Women make up 70% of our Global Research and Development responsibilities and 60% of our local Distribution Centre staff, demonstrating our commitment to gender equality. Our employer value proposition has been reaffirmed when the company was awarded the coveted Top Employer 2020 title by the Top Employers Institute.

WE DON’T SAVE MONEY BY CUTTING QUALITY. THE MIDDLE MAN WAS REMOVED.

Because we don’t use shop space, we can sell high-quality products at low prices. Our Beauty Representatives, on the other hand, deliver you your favorite beauty products.

About Direct Selling

The promotion and sale of products directly to clients outside of a set retail location are known as direct selling. Direct selling can be done one-on-one, in a group or party setting, or over the internet. The “direct” portion of direct selling also alludes to the personal component of this sales channel at Avon Justine; it’s about developing relationships with individuals and providing them with high-quality service and personal attention.

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The Introduction Of Zinzino In Taiwan Is The Next Phase In The Company’s Global Expansion

zinzino
zinzino

As a critical component of the firm’s objective to worldwide expansion, the global, direct selling company within test-based, scientifically proved nutrition is extremely delighted to announce the beginning of its operations in Taiwan on September 9, 2021.

Zinzino has understood the value of thorough preparation and adapting to the local requirements in each market after several years of preparing for the launch of the Taiwan market and having carried out several market formation processes in recent years.

For an e-commerce company, profitable expansion is a critical business strategy. The company’s sales goal was exceeded in 2020, resulting in exceptional sales growth and a solid EBITA performance. From 771 million SEK in 2019, total revenues increased to 1.139 billion SEK.

“Our constant, robust growth profile gives us with economies of scale and enhanced profitability, which we appreciate. This latest launch is yet another obvious next step in the company’s long-term success. Taiwan is a vibrant, mature market for direct sales, with a large portion of the people already familiar with and participating in the practice “, says Dag Bergheim Pettersen, CEO of Dag Bergheim Pettersen.

Taiwan is now ranked 10th in the world for total direct selling sales, making this a very financially solid and strategic debut for Zinzino. The company has ambitious expansion plans, with plans to reach 1 million clients by 2025 and 20 million by 2035. Zinzino will operate in close to 100 markets after its launch in Taiwan while maintaining its focus on global expansion.

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At The Tokyo Paralympics In 2021, USANA Athletes Will Triumph

usana
usana

More professional and Olympic athletes trust USANA products than any other nutritional supplement on the market, and the nutritional corporation supported a group of American Paralympic competitors competing in Tokyo for the second summer cycle in a row.

In athletics, judo, shooting, swimming, wheelchair fencing, and tennis events, USANA participants earned thirteen podiums, including seven gold, three silver, and three bronze medals during the 13-day competition.

With five combined world records, two American records, and six gold medals, American sprinter Nick Mayhugh and swimmer Jessica Long lead the pack.

Nick Mayhugh

After football seven was ruled out of this year’s Games, breakout sensation and dual athlete Mayhugh made his Paralympic track and field debut.

Mayhugh won gold medals in all four of his events, the men’s 100m T37 (gold), 200m T37 (gold), 400m T37 (silver), and the 4x100m universal relays (gold), setting five world records and two American records in the process.

Mayhugh’s words
“Going to Tokyo and representing my country on the biggest stage has always been a dream of mine,” Mayhugh says.

“For the past year and a half, I have dedicated everything I have physically, mentally, and emotionally to the discipline of athletics. Coming home with medals in every event and a couple of world records meant the world to me.

“It’s a testament to my brother’s, my team’s, and my dedication to my art. I hope it motivates individuals who read it at home to remember that no matter how life has treated you, you are in charge of your boundaries. You, too, can be a champion if you believe in yourself and work hard.

Jessica Long

Jessica Long, an award-winning veteran swimmer, won six medals, making her the second-most decorated American Paralympian in history with 29 medals.

Long won gold medals in the women’s 100m butterfly S8 (gold), 200m medley SM8 (gold), 4 100m medley relay (gold), 400m freestyle S8 (silver), 100m breaststroke SB7 (silver), and 100m backstroke S8 (bronze) as a five-time Paralympian.

Words of the swimmer

“It’s been incredible to be in Tokyo and to have so many people support us over the last four weeks,” Long says.

“The support I’ve received has been extraordinary. It’s incredible to see how far the Paralympic Games have progressed since my first Games! Thank you very much for your kind words of support.