Nu Skin Under Investigation In China For Pyramid-Scheme Allegations
This article was originally published in The Tan Sheet
Executive Summary
Chinese officials are investigating allegations that Nu Skin perpetrated “illegal multi-level marketing activities” in the country. Nu Skin is conducting its own review, already having identified policy infractions among its sales representatives during the firm’s recent period of rapid growth in China, and is pausing its recruitment efforts to cooperate with regulatory authorities and improve its training programs.
You may also be interested in...
Herbalife Pushes To Counter Pyramid Scheme Narrative
The multilevel marketer of weight-management shakes and other nutritionals says its independent distributor network, far from being a pyramid scheme, in fact is essential in helping people lose weight and adopt healthy lifestyles, according to Herbalife executives.
Nu Skin Unfazed By Allegations Of China Violations, Projects More Growth
Following allegations from short seller Citron Research that it operates a “pyramid compensation scheme” in China, Nu Skin gives investors a peek into its business model. The firm recorded sales growth of 40% in its second quarter, driven by a 152% jump in China, and “the best is yet to come,” Nu Skin says.
Unilever’s Dove Recommits To ‘Real Women’ Against Rising AI Threat
Unilever PLC’s Dove and Baby Dove brands continue tackling prominent social causes with a vow to be responsible about representing women realistically in advertising in the age of AI and a renewed commitment to closing the Black maternal care gap.