Herbalife personal care retail sales up 89.7% to $37 mil. in second quarter.
This article was originally published in The Rose Sheet
Executive Summary
HERBALIFE SALES IN JAPAN ALMOST DOUBLE TO $114.6 MIL. from $59.2 mil. in the second quarter, driving revenues of the network marketer's Asia/Pacific Rim region up 94.2% to $140.7 mil., the company reported July 24. Japan was Herbalife International's largest regional revenues contributor for the quarter, representing 40.2% of consolidated retail sales. Herbalife's Taiwan segment, another strong business in the Asia/Pacific Rim, experienced "rapid growth," with sales nearly tripling to $12.8 mil. from $4.5 mil. in the prior-year quarter. Herbalife entered Japan and Taiwan in 1995.