Herbalife Nutrition Ltd.
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Latest From Herbalife Nutrition Ltd.
Despite current risks in an uncertain legal environment, the opportunity for CBD-infused cosmetics at a time of rocketing interest in all things cannabis is proving too great for many companies to resist.
Former Unilever exec Jan Zijderveld isn’t the first Avon CEO to emphasize reinvestment in the company’s sales reps, digital infrastructure and innovation program while upholding the virtues of its direct selling model. Now Anna Chokina and Marco Brandolini – from L’Oreal and Herbalife, respectively – will bring their own experience to bear on the firm’s ongoing turnaround effort.
NAD sends CBD oil cancer claim to FTC; Supplement OWL passes 10,000 at first anniversary; Herbalife Nutrition two-for-one stock split; and Après resumes shipping with funding.
Direct seller Herbalife has a new capital allocation strategy and will ask shareholders for a new name and two-for-one split of its stock. It also has lost an old opponent as hedge fund manager and activist investor William Ackman sheds his investment that would have paid off if Herbalife had gone under.
- OTC, Consumer