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Herbalife Nutrition Ltd.

HerbaLife logo.svg
Type Public company

Traded as
  • NYSE: HLF
  • Russell 2000 component
ISIN KYG4412G1010 Edit this on Wikidata
Industry Multi-level marketing
Founded February 1980; 42 years ago in
Los Angeles, California, U.S.
Founder Mark R. Hughes
Headquarters L.A. Live
Los Angeles, California, U.S.; Legal domicile: Cayman Islands

Key people

 Michael O. Johnson (Chairman & CEO)
Products
  • Weight management
  • dietary supplements
  • personal care
  • sports nutrition
Revenue US$5.54 billion (2020)[1]

Operating income

 US$640.6 million (2020)[1]

Net income

 US$372.6 million (2020)[1]
Total assets US$3.08 billion (2020)[1]

Number of employees

 8,900+ (2018)[2]
Website herbalife.com

Coordinates: 33°51′26″N 118°17′31″W / 33.8572°N 118.2919°W

Herbalife Nutrition Ltd., also called Herbalife International, Inc. (with a U.S. subsidiary called Herbalife International of America) or simply Herbalife, is a global multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company was founded by Mark R. Hughes in 1980,[3] and it employs an estimated 9,900 people worldwide. The business is incorporated in the Cayman Islands, with its corporate headquarters located in Los Angeles, California. The company operates in 95 countries through a network of approximately 4.5 million independent distributors and members. In October 2022, previous CEO Michael O. Johnson was appointed as Chairman and interim Chief Executive Officer following the departure of John Agwunobi.[4]

The company has been criticized for allegedly operating a «sophisticated pyramid scheme».[5][6] Herbalife agreed to «fundamentally restructure» its business, in the US but not worldwide, and pay a $200 million fine as part of a 2016 settlement with the U.S. Federal Trade Commission (FTC) following these accusations.[7]

History[edit]

In February 1980, Mark R. Hughes began selling the original Herbalife weight management product from the trunk of his car. Hughes often stated that the genesis of his product and program stemmed from the weight loss concerns of his mother Joanne whose premature death he attributed to an eating disorder and an unhealthy approach to weight loss.[8] His first product was a protein shake designed to help people manage their weight. He structured his company using a direct-selling, multi-level marketing model.[citation needed] In 1982, Herbalife received complaints from the Food and Drug Administration for claims made about certain products and the inclusion of mandrake, poke root, and food-grade linseed oil in another.

The Department of Justice of Canada filed criminal charges against the company in November 1984 for misleading medical claims in advertisements.[9][10] As a result of the complaints, the company modified its product claims and reformulated the product.[11]

By 1985, the company was considered the fastest-growing private company in America by Inc. after its sales increased from $386 thousand to $423 million over the previous five years.[12] That same year, the California Attorney General sued the company for making inflated claims about the efficacy of its products. The company suffered as a result of the lawsuit and was forced to lay off nearly 800 employees by May 1985.[13] The company settled the suit for $850,000 without admitting wrongdoing.[14] In 1986, Herbalife became a publicly-traded company on the NASDAQ and rebranded itself as Herbalife International. However, as a result of the negative publicity from the FDA lawsuit, the company posted a $3 million loss that year.[15][16]

By 1988, the company had expanded its reach to Japan, Spain, New Zealand, Israel, and Mexico and increased its worldwide sales to $191 million in 1991. In 1993, the company underwent a secondary offering of five million shares.[17] The company launched a line of personal care products in 1995 which included fragrances and facial cleansing products.[18] The company was sued in civil court by two former distributors in 1997 for withholding earned income.[19]

In 1999, Hughes attempted to take the company private after asserting that Wall Street was undervaluing the company. While the board approved the buyout offer, shareholders of the company filed a suit against the firm because they believed the share price they were offered was unfair. Hughes eventually abandoned his attempt to buy the company and settled the suit with shareholders.[11] On May 20, 2000, Mark Hughes died at age 44.[20] Following his death, the company was led by Christopher Pair until October 2001.[21]

J.H. Whitney & Company and Golden Gate Capital[edit]

In 2002, the company was acquired for US$685 million by J.H. Whitney & Company and Golden Gate Capital.[22] Concurrently, plant sources of ephedrine were removed from Herbalife products in 2002 after several U.S. states banned supplements containing such herbs.[23]: 15 [24] In April 2003, Michael O. Johnson joined Herbalife as CEO following a 17-year career with The Walt Disney Company.[14] On December 16, 2004, the company had an initial public offering on the NYSE of 14.5 million common shares at $14 per share,[25] netting the owners $1.3 billion.[26] In the mid 2000s, Herbalife upgraded its manufacturing facilities, moving manufacturing to around 60% in-house, and changed how the company sold its products to distributors.[27]

On May 7, 2014, the company announced that it entered into a deal with Bank of America Merrill Lynch to repurchase $266 million of its stock.[28]

In July 2016, Herbalife agreed to change its business model and pay $200 million to its distributors in a settlement with the FTC.[5] The company announced in November 2016 that Chief Operating Officer Richard Goudis would take over the position of CEO in June 2017 and Johnson would transition to executive chairman.[29] In August 2017, the company announced that it would repurchase up to $600 million of its stock.[30] On April 25, 2018, Herbalife announced that it had changed its name from Herbalife Ltd. to Herbalife Nutrition Ltd. The company also announced that its shareholders had approved a two-for-one stock split.[31][32] In January 2019, Herbalife announced that it was replacing Goudis after learning of comments he had made before taking over as CEO that was “contrary to the company’s expense-related policies and business practices” and inconsistent with the company’s standards and culture.” Former CEO Johnson subsequently took over the role on an interim basis.[33]

In March 2020, John Agwunobi was named as its next chief executive.[34] Agwunobi departed Herbalife Nutrition in October 2022 and Michael O. Johnson was named Chairman and interim Chief Executive Officer.[35]

Products[edit]

Herbalife Nutrition products

Herbalife Nutrition’s products include weight-loss and protein shakes,[36] as well as protein bars, teas, aloes, vitamins, and sports hydration, energy, and personal care products.[37] The company’s original product is the Formula 1 protein shake, a soy-based meal-replacement shake. The product debuted in 1980 and, as of 2015, was the company’s best selling product accounting for nearly 30% of total sales.[38]

Herbalife’s products are produced at the company’s five manufacturing facilities in the U.S. and China, as well as by third-party manufacturing partners.[39][40]: 16  The company’s production process is based on a ‘seed to feed’ strategy, which the company initiated in the 2010s that allows it to trace where the ingredients in its nutritional products originated.[41] Since 2013, the company has operated a botanical extraction facility in Changsha, Hunan Province, China.[42][43] The facility produces botanical extracts, including teas, guarana, chamomile, broccoli, and bilberry, for use in many of the company’s products.[44] Before extracts are processed, they undergo a botanical identification program and are tested several times throughout the production process.[45] The processed raw materials from the extraction facility are used at all of the company’s branded manufacturing facilities as well as by its partners. As of 2015, 58 percent of the company’s nutrition products were manufactured at Herbalife-owned facilities.[38]

In China, the company’s manufacturing sites are located in Suzhou and Nanjing.[45] In the U.S., the company has manufacturing facilities in Lake Forest, California[46] and Winston-Salem, North Carolina.[47][48]

Herbalife’s claims of health benefits from its products have met scrutiny from the medical community, consumers, and government agencies.[49]

In 2008, Herbalife was sued after laboratory tests indicated that levels of lead in several Herbalife products were in excess of California state law[50] and could lead to liver problems over an extended period of time.[51] The company commissioned its own lab testing and found that those products did not contain high enough amounts of lead to require special labeling.[52]

Business model[edit]

Herbalife Nutrition is a multi-level marketing company. A 2010 article in the Los Angeles Business Journal claimed that Herbalife Nutrition was one of the most profitable companies in Los Angeles County and directly benefited from its business model.[53]

As a result of the 2016 FTC settlement, the company is required to prove that at least 80 percent of its sales are made to individuals outside of its distributor network. Distributors are responsible for providing receipts for sales and proving they have legitimate customers.[54] The settlement also required that distributors are only able to earn one-third of their rewards based on recruitment.[55] In the U.S., the company now differentiates between individuals who join as a member to buy discounted products and those who join as a distributor seeking a business opportunity.[56] Discount buyers are unable to earn rewards or sell products.[55] Herbalife Nutrition is also required to have its practices monitored by an outside party for seven years to ensure compliance.[54]

In the past, company management considered the number and retention of distributors a key parameter and tracked it closely in financial reports. By January of each year, sales leaders are required to requalify. In February of each year, individuals who did not satisfy the sales leader qualification requirements during the preceding 12 months are removed from that rank. For the latest 12-month requalification period ending January 2019, approximately 67.9 percent of the eligible sales leaders requalified.[57]

In a California class action suit (Minton v. Herbalife International, et al.) filed on February 17, 2005, the plaintiff challenged «the marketing practices of certain Herbalife International independent distributors under various state laws».[58] In a West Virginia class action suit (Mey v. Herbalife International, Inc., et al.) filed on July 16, 2003, the plaintiffs alleged that some of Herbalife International’s distributors used pre-recorded telephone messages and autodialers to contact prospective customers in violation of the Telephone Consumer Protection Act. The case was resolved with Herbalife and its distributors paying $7 million into a fund for class members part of the suit.[59]: 42 

Liver disease inquiries[edit]

Hospitals in Israel, Spain, Switzerland, Iceland, Argentina, and the United States have reported liver damage in a number of patients who used Herbalife products.[60][61][62][63][64][65][66][67][68][69][70][excessive citations]

In 2004, Israel’s Health Minister began an investigation into Herbalife’s products after four persons using Herbalife’s products were found to have liver problems.[60] The company was accused of selling products containing toxic ingredients such as quaqua, comfrey, and kraska.[clarification needed] The products were sent to Bio-Medical Research Design LTD (B.R.D), to a private U.S. laboratory, and to Israel’s Forensic research laboratory. A study of the cases funded by the Israeli Ministry of Health concluded that there was a causative relationship.[60] Herbalife’s SEC 10-Q filings stated that the Israeli Ministry of Health did not establish a causal relationship between the product and liver ailments.[71] In 2009, an Israeli woman sued Herbalife International and Herbalife Israel, claiming that her liver damage resulted from the use of Herbalife products.[72]

Scientific studies in 2007 by doctors at the University Hospital of Bern in Switzerland and the Liver Unit of the Hadassah-Hebrew University Medical Center in Israel found an association between consumption of Herbalife products and hepatitis.[60][61] In response, the Spanish Ministry of Health issued an alert asking for caution in consuming Herbalife products.[73] Herbalife stated they were cooperating fully with Spanish authorities,[74] and after investigation, the agency determined no action was required and removed the alert.

In January 2009, the Scientific Committee of the Spanish Agency for Food Safety and Nutrition (AESAN) reached the same conclusion. After reviewing cases implicating Herbalife products in Spain, Switzerland, Israel, Finland, France, Italy, Iceland and Portugal, the 12-member scientific panel issued a report concluding: «The analyses of these cases and information regarding their circumstances have not allowed us to establish a causal relationship» between liver anomalies and Herbalife’s dietary supplements. The panel attributed the cases to metabolic changes from overzealous and unsupervised dieting.[75] However, neither a 2005 American Association for the Study of the Liver position paper[76] on the management of acute liver failure nor a 2013 review in the New England Journal of Medicine[77] lists «overzealous dieting» among the recognized causes of acute liver failure.

A July 2013 peer-reviewed study published in the World Journal of Hepatology reexamined known cases of hepatotoxicity that had previously been linked to consumption of Herbalife products and concluded that using «the liver specific Council for International Organizations of Medical Sciences scale, causality was probable in 1 case, unlikely and excluded in the other cases. Thus, causality levels were much lower than hitherto proposed.»[78] In a separate review published less than a year earlier, the same author described the relationship between Herbalife products and reported hepatotoxicity cases as «highly probable».[79] Interestingly, race, genetics, age, and sex are all potential risk factors that may predispose individuals to Herbalife side effects[80]

In December 2020, a 2019 paper analysing Herbalife’s slimming products’ association with one patient’s fatal acute liver failure was retracted by the Journal of Clinical and Experimental Hepatology.[81][82] According to a co-author of the paper, this was done after threats of legal action by a Delhi-based law firm.[83][84]

Pyramid scheme allegations[edit]

Critics of the company’s structure have contended that it has operated as a pyramid scheme.[85][86] They have also argued that the company does not sufficiently work to curb abuses by individual distributors, though Herbalife Nutrition has consistently denied the allegations.[87]

A 2004 settlement resolved a class-action suit on behalf of 8,700 former and current distributors who accused the company and distributors of «essentially running a pyramid scheme.» A total of $6 million was to be paid out, with defendants not admitting guilt.

In November 2011, the Commercial Court in Brussels, Belgium ruled that Herbalife was an illegal pyramid scheme.[88] The company filed an appeal on March 8, 2012.[89] On December 3, 2013, a Belgian appeals court found for Herbalife, reversing the lower court’s finding.[90]

On May 1, 2012, a short seller, David Einhorn, asked questions about the company’s business and sales models during the Q1 earnings call, setting off suspicions that Einhorn had a short position.[91][92] These suspicions were proved correct in January 2013 when at an investor meeting Einhorn revealed that he had profited through a short position against the company. Einhorn said the short had been closed before the end of 2012.[93]

Bill Ackman[edit]

On December 20, 2012, Bill Ackman (of Pershing Square Capital) presented a series of arguments outlining why his firm believed that Herbalife operated a «sophisticated pyramid scheme» and contended that its stock would hit zero.[94][95] Ackman alleged after a year-long investigation that the majority of distributors lose money, that the chance of making the testimonial-implied headline income is approximately one in five thousand, and that the company materially overstates its distributors’ retail sales and understates their recruiting rewards.[96][97]

According to a number of financial commentators, Ackman bet roughly $1 billion against the company;[98] soon after remarks to the press, the price of the stock decreased such that Ackman would have made $300 million if he had closed his short position then.[99][97][100] In March 2015, federal prosecutors and the FBI revealed that they were investigating whether or not individuals paid by Ackman and otherwise had made false statements about Herbalife’s business model to regulators and others in order to lower the company’s stock price and influence authorities to conduct an investigation.[101][102]

In November 2017, Ackman closed out his short position after Herbalife shares increased by 51 percent over the year, and replaced it with a less aggressive put option.[103][104] In March 2018, The Wall Street Journal reported that Ackman had «largely exited» his bet against the company,[105] while others reported that the bet against Herbalife had cost his company hundreds of millions of dollars and damaged the confidence of investors in his hedge fund.[106][107]

FTC investigation[edit]

Based on information from a Freedom of Information Act (FOIA) request, the New York Post reported on February 4, 2013, that Herbalife was subject to a pending probe from the Federal Trade Commission (FTC). The FTC released 729 pages containing 192 complaints received over a 7-year period in regards to the New York Post’s FOIA request.[108] The FTC stated that the wording it used in its response to the FOIA request was incorrect; the FTC could not confirm or deny an investigation into Herbalife.[109]

In March 2014, the FTC opened an investigation into Herbalife in response to calls from consumer groups and members in both houses of Congress. Herbalife responded to the probe by saying it «welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC. We are confident that Herbalife is in compliance with all applicable laws and regulations.» However, in the press conference, Herbalife was declared not necessarily not pyramid scheme.[110][111][112][113][114]

In July 2016, Herbalife agreed to change its business model and pay $200 million in a settlement with the FTC.[5][115][116][117] Partial refund checks were mailed to roughly 350,000 Herbalife distributors in January 2017. The FTC said in a press release about the settlement «it’s virtually impossible to make money selling Herbalife products.»[118][119]

The lawsuit alleged that Herbalife deceived consumers into believing they could earn substantial income from the business opportunity or big money from the retail sale of the company’s products. In addition, the complaint charged that one of the fundamental principles of Herbalife’s business model—incentivizing distributors to buy products and to recruit others to join and buy products so they could advance in the company’s marketing program, rather than in response to actual consumer demand—is an unfair practice in violation of the FTC Act.[120]

The company remains under investigation as of early 2019 both by the United States Department of Justice and the U.S. Securities and Exchange Commission (SEC) for corruption in China.[121]

On September 27, 2019, the SEC announced that Herbalife has agreed to pay $20 million to settle charges of making false and misleading statements about its business model and operations in China between 2012 and 2018. The company did not admit or deny the charges but agreed to the settlement terms.[122][123][124]

U.S. Justice Department investigation of bribery in China[edit]

In 2019, the U.S. Justice Department charged two of Herbalife’s employees with conspiracy in violation of the Foreign Corrupt Practices Act (FCPA). They were accused of bribing Chinese officials in order to procure sales permits and to influence an investigation into Herbalife. They were also accused of offering bribes to China Economic Net in order to influence their media coverage.[125] In response, Herbalife committed $40 million to resolve the issues, and began negotiations with both the US Justice Department and SEC.[126] In August 2020, Herbalife agreed to pay $123 million to the US Department of Justice and the U.S. Securities and Exchange Commission.[127]

[edit]

Herbalife Nutrition has sponsored France’s national volleyball team and the Major League Soccer club LA Galaxy since 2007 and has sponsored Cristiano Ronaldo since 2013.[128] They sponsored FC Barcelona and Lionel Messi between 2010 and 2013.[129] Herbalife has also sponsored the basketball club Herbalife Gran Canaria since 2012.[130] In July 2020, Herbalife also sponsored the Guangzhou Charge of the Overwatch League.[131] In addition to these team and player sponsorships, Turkish Women’s Basketball Super League has been named ‘Herbalife Nutrition Women’s Basketball Super League’ for three years starting the 2019-2020 regular season.[132]

In 2021, the company announced a partnership with the LA Galaxy on an augmented reality fan experience.[133] It also has a multi-year sponsorship with Jonathan Dos Santos of the LA Galaxy.[134] During the 2020 Summer Olympics, Herbalife Nutrition was a sponsor of the Olympic Committee of Israel and the Indian Olympic Association.[135][136]

Media[edit]

In April 2016, a documentary directed by Ted Braun, titled Betting on Zero, premiered at the Tribeca Film Festival. It explored the allegation from Bill Ackman that Herbalife was a pyramid scheme and personal stories of its distributors who lost their life savings.[137] Hilary Rosen, a Democratic lobbyist and an adviser to Herbalife, questioned Tribeca’s credibility after claiming that the film was «bought and paid» for by Ackman «to make good on his stock bet».[138][139]

In 2016, a Last Week Tonight with John Oliver segment on multi-level marketing focused on Herbalife; it strongly condemned the company for its structure resembling a pyramid scheme and cited the FTC report, which implied the company had been operating illegitimately. Oliver criticized Herbalife for its exploitation of Latino communities,[140] and overstatement of its products’ health benefits.[141] One reviewer wrote that it appeared to be largely based on Betting on Zero, and caused no immediate change in Herbalife’s stock prices.[142]

The 2018 book When The Wolves Bite: Two Billionaires, One Company, and an Epic Wall Street Battle by Scott Wapner discusses Ackman’s short of the company and his battle with Icahn.[143] In the book, Wapner characterizes Ackman’s decision to bet against Herbalife as dangerous, because it anticipated that the government would shut Herbalife down.[144]

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External links[edit]

Media related to Herbalife at Wikimedia Commons

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Источник
Herbalife Nutrition Ltd.

HerbaLife logo.svg
Type Public company

Traded as
  • NYSE: HLF
  • Russell 2000 component
ISIN KYG4412G1010 Edit this on Wikidata
Industry Multi-level marketing
Founded February 1980; 42 years ago in
Los Angeles, California, U.S.
Founder Mark R. Hughes
Headquarters L.A. Live
Los Angeles, California, U.S.; Legal domicile: Cayman Islands

Key people

 Michael O. Johnson (Chairman & CEO)
Products
  • Weight management
  • dietary supplements
  • personal care
  • sports nutrition
Revenue US$5.54 billion (2020)[1]

Operating income

 US$640.6 million (2020)[1]

Net income

 US$372.6 million (2020)[1]
Total assets US$3.08 billion (2020)[1]

Number of employees

 8,900+ (2018)[2]
Website herbalife.com

Coordinates: 33°51′26″N 118°17′31″W / 33.8572°N 118.2919°W

Herbalife Nutrition Ltd., also called Herbalife International, Inc. (with a U.S. subsidiary called Herbalife International of America) or simply Herbalife, is a global multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company was founded by Mark R. Hughes in 1980,[3] and it employs an estimated 9,900 people worldwide. The business is incorporated in the Cayman Islands, with its corporate headquarters located in Los Angeles, California. The company operates in 95 countries through a network of approximately 4.5 million independent distributors and members. In October 2022, previous CEO Michael O. Johnson was appointed as Chairman and interim Chief Executive Officer following the departure of John Agwunobi.[4]

The company has been criticized for allegedly operating a «sophisticated pyramid scheme».[5][6] Herbalife agreed to «fundamentally restructure» its business, in the US but not worldwide, and pay a $200 million fine as part of a 2016 settlement with the U.S. Federal Trade Commission (FTC) following these accusations.[7]

History[edit]

In February 1980, Mark R. Hughes began selling the original Herbalife weight management product from the trunk of his car. Hughes often stated that the genesis of his product and program stemmed from the weight loss concerns of his mother Joanne whose premature death he attributed to an eating disorder and an unhealthy approach to weight loss.[8] His first product was a protein shake designed to help people manage their weight. He structured his company using a direct-selling, multi-level marketing model.[citation needed] In 1982, Herbalife received complaints from the Food and Drug Administration for claims made about certain products and the inclusion of mandrake, poke root, and food-grade linseed oil in another.

The Department of Justice of Canada filed criminal charges against the company in November 1984 for misleading medical claims in advertisements.[9][10] As a result of the complaints, the company modified its product claims and reformulated the product.[11]

By 1985, the company was considered the fastest-growing private company in America by Inc. after its sales increased from $386 thousand to $423 million over the previous five years.[12] That same year, the California Attorney General sued the company for making inflated claims about the efficacy of its products. The company suffered as a result of the lawsuit and was forced to lay off nearly 800 employees by May 1985.[13] The company settled the suit for $850,000 without admitting wrongdoing.[14] In 1986, Herbalife became a publicly-traded company on the NASDAQ and rebranded itself as Herbalife International. However, as a result of the negative publicity from the FDA lawsuit, the company posted a $3 million loss that year.[15][16]

By 1988, the company had expanded its reach to Japan, Spain, New Zealand, Israel, and Mexico and increased its worldwide sales to $191 million in 1991. In 1993, the company underwent a secondary offering of five million shares.[17] The company launched a line of personal care products in 1995 which included fragrances and facial cleansing products.[18] The company was sued in civil court by two former distributors in 1997 for withholding earned income.[19]

In 1999, Hughes attempted to take the company private after asserting that Wall Street was undervaluing the company. While the board approved the buyout offer, shareholders of the company filed a suit against the firm because they believed the share price they were offered was unfair. Hughes eventually abandoned his attempt to buy the company and settled the suit with shareholders.[11] On May 20, 2000, Mark Hughes died at age 44.[20] Following his death, the company was led by Christopher Pair until October 2001.[21]

J.H. Whitney & Company and Golden Gate Capital[edit]

In 2002, the company was acquired for US$685 million by J.H. Whitney & Company and Golden Gate Capital.[22] Concurrently, plant sources of ephedrine were removed from Herbalife products in 2002 after several U.S. states banned supplements containing such herbs.[23]: 15 [24] In April 2003, Michael O. Johnson joined Herbalife as CEO following a 17-year career with The Walt Disney Company.[14] On December 16, 2004, the company had an initial public offering on the NYSE of 14.5 million common shares at $14 per share,[25] netting the owners $1.3 billion.[26] In the mid 2000s, Herbalife upgraded its manufacturing facilities, moving manufacturing to around 60% in-house, and changed how the company sold its products to distributors.[27]

On May 7, 2014, the company announced that it entered into a deal with Bank of America Merrill Lynch to repurchase $266 million of its stock.[28]

In July 2016, Herbalife agreed to change its business model and pay $200 million to its distributors in a settlement with the FTC.[5] The company announced in November 2016 that Chief Operating Officer Richard Goudis would take over the position of CEO in June 2017 and Johnson would transition to executive chairman.[29] In August 2017, the company announced that it would repurchase up to $600 million of its stock.[30] On April 25, 2018, Herbalife announced that it had changed its name from Herbalife Ltd. to Herbalife Nutrition Ltd. The company also announced that its shareholders had approved a two-for-one stock split.[31][32] In January 2019, Herbalife announced that it was replacing Goudis after learning of comments he had made before taking over as CEO that was “contrary to the company’s expense-related policies and business practices” and inconsistent with the company’s standards and culture.” Former CEO Johnson subsequently took over the role on an interim basis.[33]

In March 2020, John Agwunobi was named as its next chief executive.[34] Agwunobi departed Herbalife Nutrition in October 2022 and Michael O. Johnson was named Chairman and interim Chief Executive Officer.[35]

Products[edit]

Herbalife Nutrition products

Herbalife Nutrition’s products include weight-loss and protein shakes,[36] as well as protein bars, teas, aloes, vitamins, and sports hydration, energy, and personal care products.[37] The company’s original product is the Formula 1 protein shake, a soy-based meal-replacement shake. The product debuted in 1980 and, as of 2015, was the company’s best selling product accounting for nearly 30% of total sales.[38]

Herbalife’s products are produced at the company’s five manufacturing facilities in the U.S. and China, as well as by third-party manufacturing partners.[39][40]: 16  The company’s production process is based on a ‘seed to feed’ strategy, which the company initiated in the 2010s that allows it to trace where the ingredients in its nutritional products originated.[41] Since 2013, the company has operated a botanical extraction facility in Changsha, Hunan Province, China.[42][43] The facility produces botanical extracts, including teas, guarana, chamomile, broccoli, and bilberry, for use in many of the company’s products.[44] Before extracts are processed, they undergo a botanical identification program and are tested several times throughout the production process.[45] The processed raw materials from the extraction facility are used at all of the company’s branded manufacturing facilities as well as by its partners. As of 2015, 58 percent of the company’s nutrition products were manufactured at Herbalife-owned facilities.[38]

In China, the company’s manufacturing sites are located in Suzhou and Nanjing.[45] In the U.S., the company has manufacturing facilities in Lake Forest, California[46] and Winston-Salem, North Carolina.[47][48]

Herbalife’s claims of health benefits from its products have met scrutiny from the medical community, consumers, and government agencies.[49]

In 2008, Herbalife was sued after laboratory tests indicated that levels of lead in several Herbalife products were in excess of California state law[50] and could lead to liver problems over an extended period of time.[51] The company commissioned its own lab testing and found that those products did not contain high enough amounts of lead to require special labeling.[52]

Business model[edit]

Herbalife Nutrition is a multi-level marketing company. A 2010 article in the Los Angeles Business Journal claimed that Herbalife Nutrition was one of the most profitable companies in Los Angeles County and directly benefited from its business model.[53]

As a result of the 2016 FTC settlement, the company is required to prove that at least 80 percent of its sales are made to individuals outside of its distributor network. Distributors are responsible for providing receipts for sales and proving they have legitimate customers.[54] The settlement also required that distributors are only able to earn one-third of their rewards based on recruitment.[55] In the U.S., the company now differentiates between individuals who join as a member to buy discounted products and those who join as a distributor seeking a business opportunity.[56] Discount buyers are unable to earn rewards or sell products.[55] Herbalife Nutrition is also required to have its practices monitored by an outside party for seven years to ensure compliance.[54]

In the past, company management considered the number and retention of distributors a key parameter and tracked it closely in financial reports. By January of each year, sales leaders are required to requalify. In February of each year, individuals who did not satisfy the sales leader qualification requirements during the preceding 12 months are removed from that rank. For the latest 12-month requalification period ending January 2019, approximately 67.9 percent of the eligible sales leaders requalified.[57]

In a California class action suit (Minton v. Herbalife International, et al.) filed on February 17, 2005, the plaintiff challenged «the marketing practices of certain Herbalife International independent distributors under various state laws».[58] In a West Virginia class action suit (Mey v. Herbalife International, Inc., et al.) filed on July 16, 2003, the plaintiffs alleged that some of Herbalife International’s distributors used pre-recorded telephone messages and autodialers to contact prospective customers in violation of the Telephone Consumer Protection Act. The case was resolved with Herbalife and its distributors paying $7 million into a fund for class members part of the suit.[59]: 42 

Liver disease inquiries[edit]

Hospitals in Israel, Spain, Switzerland, Iceland, Argentina, and the United States have reported liver damage in a number of patients who used Herbalife products.[60][61][62][63][64][65][66][67][68][69][70][excessive citations]

In 2004, Israel’s Health Minister began an investigation into Herbalife’s products after four persons using Herbalife’s products were found to have liver problems.[60] The company was accused of selling products containing toxic ingredients such as quaqua, comfrey, and kraska.[clarification needed] The products were sent to Bio-Medical Research Design LTD (B.R.D), to a private U.S. laboratory, and to Israel’s Forensic research laboratory. A study of the cases funded by the Israeli Ministry of Health concluded that there was a causative relationship.[60] Herbalife’s SEC 10-Q filings stated that the Israeli Ministry of Health did not establish a causal relationship between the product and liver ailments.[71] In 2009, an Israeli woman sued Herbalife International and Herbalife Israel, claiming that her liver damage resulted from the use of Herbalife products.[72]

Scientific studies in 2007 by doctors at the University Hospital of Bern in Switzerland and the Liver Unit of the Hadassah-Hebrew University Medical Center in Israel found an association between consumption of Herbalife products and hepatitis.[60][61] In response, the Spanish Ministry of Health issued an alert asking for caution in consuming Herbalife products.[73] Herbalife stated they were cooperating fully with Spanish authorities,[74] and after investigation, the agency determined no action was required and removed the alert.

In January 2009, the Scientific Committee of the Spanish Agency for Food Safety and Nutrition (AESAN) reached the same conclusion. After reviewing cases implicating Herbalife products in Spain, Switzerland, Israel, Finland, France, Italy, Iceland and Portugal, the 12-member scientific panel issued a report concluding: «The analyses of these cases and information regarding their circumstances have not allowed us to establish a causal relationship» between liver anomalies and Herbalife’s dietary supplements. The panel attributed the cases to metabolic changes from overzealous and unsupervised dieting.[75] However, neither a 2005 American Association for the Study of the Liver position paper[76] on the management of acute liver failure nor a 2013 review in the New England Journal of Medicine[77] lists «overzealous dieting» among the recognized causes of acute liver failure.

A July 2013 peer-reviewed study published in the World Journal of Hepatology reexamined known cases of hepatotoxicity that had previously been linked to consumption of Herbalife products and concluded that using «the liver specific Council for International Organizations of Medical Sciences scale, causality was probable in 1 case, unlikely and excluded in the other cases. Thus, causality levels were much lower than hitherto proposed.»[78] In a separate review published less than a year earlier, the same author described the relationship between Herbalife products and reported hepatotoxicity cases as «highly probable».[79] Interestingly, race, genetics, age, and sex are all potential risk factors that may predispose individuals to Herbalife side effects[80]

In December 2020, a 2019 paper analysing Herbalife’s slimming products’ association with one patient’s fatal acute liver failure was retracted by the Journal of Clinical and Experimental Hepatology.[81][82] According to a co-author of the paper, this was done after threats of legal action by a Delhi-based law firm.[83][84]

Pyramid scheme allegations[edit]

Critics of the company’s structure have contended that it has operated as a pyramid scheme.[85][86] They have also argued that the company does not sufficiently work to curb abuses by individual distributors, though Herbalife Nutrition has consistently denied the allegations.[87]

A 2004 settlement resolved a class-action suit on behalf of 8,700 former and current distributors who accused the company and distributors of «essentially running a pyramid scheme.» A total of $6 million was to be paid out, with defendants not admitting guilt.

In November 2011, the Commercial Court in Brussels, Belgium ruled that Herbalife was an illegal pyramid scheme.[88] The company filed an appeal on March 8, 2012.[89] On December 3, 2013, a Belgian appeals court found for Herbalife, reversing the lower court’s finding.[90]

On May 1, 2012, a short seller, David Einhorn, asked questions about the company’s business and sales models during the Q1 earnings call, setting off suspicions that Einhorn had a short position.[91][92] These suspicions were proved correct in January 2013 when at an investor meeting Einhorn revealed that he had profited through a short position against the company. Einhorn said the short had been closed before the end of 2012.[93]

Bill Ackman[edit]

On December 20, 2012, Bill Ackman (of Pershing Square Capital) presented a series of arguments outlining why his firm believed that Herbalife operated a «sophisticated pyramid scheme» and contended that its stock would hit zero.[94][95] Ackman alleged after a year-long investigation that the majority of distributors lose money, that the chance of making the testimonial-implied headline income is approximately one in five thousand, and that the company materially overstates its distributors’ retail sales and understates their recruiting rewards.[96][97]

According to a number of financial commentators, Ackman bet roughly $1 billion against the company;[98] soon after remarks to the press, the price of the stock decreased such that Ackman would have made $300 million if he had closed his short position then.[99][97][100] In March 2015, federal prosecutors and the FBI revealed that they were investigating whether or not individuals paid by Ackman and otherwise had made false statements about Herbalife’s business model to regulators and others in order to lower the company’s stock price and influence authorities to conduct an investigation.[101][102]

In November 2017, Ackman closed out his short position after Herbalife shares increased by 51 percent over the year, and replaced it with a less aggressive put option.[103][104] In March 2018, The Wall Street Journal reported that Ackman had «largely exited» his bet against the company,[105] while others reported that the bet against Herbalife had cost his company hundreds of millions of dollars and damaged the confidence of investors in his hedge fund.[106][107]

FTC investigation[edit]

Based on information from a Freedom of Information Act (FOIA) request, the New York Post reported on February 4, 2013, that Herbalife was subject to a pending probe from the Federal Trade Commission (FTC). The FTC released 729 pages containing 192 complaints received over a 7-year period in regards to the New York Post’s FOIA request.[108] The FTC stated that the wording it used in its response to the FOIA request was incorrect; the FTC could not confirm or deny an investigation into Herbalife.[109]

In March 2014, the FTC opened an investigation into Herbalife in response to calls from consumer groups and members in both houses of Congress. Herbalife responded to the probe by saying it «welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC. We are confident that Herbalife is in compliance with all applicable laws and regulations.» However, in the press conference, Herbalife was declared not necessarily not pyramid scheme.[110][111][112][113][114]

In July 2016, Herbalife agreed to change its business model and pay $200 million in a settlement with the FTC.[5][115][116][117] Partial refund checks were mailed to roughly 350,000 Herbalife distributors in January 2017. The FTC said in a press release about the settlement «it’s virtually impossible to make money selling Herbalife products.»[118][119]

The lawsuit alleged that Herbalife deceived consumers into believing they could earn substantial income from the business opportunity or big money from the retail sale of the company’s products. In addition, the complaint charged that one of the fundamental principles of Herbalife’s business model—incentivizing distributors to buy products and to recruit others to join and buy products so they could advance in the company’s marketing program, rather than in response to actual consumer demand—is an unfair practice in violation of the FTC Act.[120]

The company remains under investigation as of early 2019 both by the United States Department of Justice and the U.S. Securities and Exchange Commission (SEC) for corruption in China.[121]

On September 27, 2019, the SEC announced that Herbalife has agreed to pay $20 million to settle charges of making false and misleading statements about its business model and operations in China between 2012 and 2018. The company did not admit or deny the charges but agreed to the settlement terms.[122][123][124]

U.S. Justice Department investigation of bribery in China[edit]

In 2019, the U.S. Justice Department charged two of Herbalife’s employees with conspiracy in violation of the Foreign Corrupt Practices Act (FCPA). They were accused of bribing Chinese officials in order to procure sales permits and to influence an investigation into Herbalife. They were also accused of offering bribes to China Economic Net in order to influence their media coverage.[125] In response, Herbalife committed $40 million to resolve the issues, and began negotiations with both the US Justice Department and SEC.[126] In August 2020, Herbalife agreed to pay $123 million to the US Department of Justice and the U.S. Securities and Exchange Commission.[127]

[edit]

Herbalife Nutrition has sponsored France’s national volleyball team and the Major League Soccer club LA Galaxy since 2007 and has sponsored Cristiano Ronaldo since 2013.[128] They sponsored FC Barcelona and Lionel Messi between 2010 and 2013.[129] Herbalife has also sponsored the basketball club Herbalife Gran Canaria since 2012.[130] In July 2020, Herbalife also sponsored the Guangzhou Charge of the Overwatch League.[131] In addition to these team and player sponsorships, Turkish Women’s Basketball Super League has been named ‘Herbalife Nutrition Women’s Basketball Super League’ for three years starting the 2019-2020 regular season.[132]

In 2021, the company announced a partnership with the LA Galaxy on an augmented reality fan experience.[133] It also has a multi-year sponsorship with Jonathan Dos Santos of the LA Galaxy.[134] During the 2020 Summer Olympics, Herbalife Nutrition was a sponsor of the Olympic Committee of Israel and the Indian Olympic Association.[135][136]

Media[edit]

In April 2016, a documentary directed by Ted Braun, titled Betting on Zero, premiered at the Tribeca Film Festival. It explored the allegation from Bill Ackman that Herbalife was a pyramid scheme and personal stories of its distributors who lost their life savings.[137] Hilary Rosen, a Democratic lobbyist and an adviser to Herbalife, questioned Tribeca’s credibility after claiming that the film was «bought and paid» for by Ackman «to make good on his stock bet».[138][139]

In 2016, a Last Week Tonight with John Oliver segment on multi-level marketing focused on Herbalife; it strongly condemned the company for its structure resembling a pyramid scheme and cited the FTC report, which implied the company had been operating illegitimately. Oliver criticized Herbalife for its exploitation of Latino communities,[140] and overstatement of its products’ health benefits.[141] One reviewer wrote that it appeared to be largely based on Betting on Zero, and caused no immediate change in Herbalife’s stock prices.[142]

The 2018 book When The Wolves Bite: Two Billionaires, One Company, and an Epic Wall Street Battle by Scott Wapner discusses Ackman’s short of the company and his battle with Icahn.[143] In the book, Wapner characterizes Ackman’s decision to bet against Herbalife as dangerous, because it anticipated that the government would shut Herbalife down.[144]

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  144. ^ Gurdus, Elizabeth (April 25, 2018). «Bill Ackman’s bet against Herbalife was ‘dangerous,’ CNBC’s Scott Wapner says». CNBC. Retrieved July 2, 2018.

External links[edit]

Media related to Herbalife at Wikimedia Commons

  • Official website
  • Business data for Herbalife:
    • Bloomberg
    • Google
    • Reuters
    • SEC filings
    • Yahoo!
  • Company profile by MarketWatch
Источник

Herbalife Nutrition

Herbalife Nutrition – одна из лидирующих международных компаний в области сбалансированного питания, которая помогает миллионам людей по всему миру вести активный и здоровый образ жизни.

1980 год

Марк Хьюз создает в США компанию по производству продуктов для сбалансированного питания и их продвижению через Независимых Партнеров

90+ стран

Сегодня продукция Herbalife Nutrition реализуется по всему миру

2 000+ продуктов

Продуктовая линейки насчитывает более 2 тыс. наименований. Продукты компании основыны на последних научных достижениях

Собственное производство
и контроль качества

Начиная с 2010 году компания инвестировала более 300 млн. долларов в программу «От посаженого семечка до продукта на вашем столе», чтобы обеспечить высокий уровень контроля качества на всех этапах производственного цикла

10 000+ сотрудников

В компании работают тысячи сотрудников, а ее акции котируются на бирже NYSE

Бизнес-возможности

Herbalife Nutrition предоставляет возможности для предпринимательства своим Независимым Партнерам, помогая им достичь личных целей в бизнесе

1980 год

Марк Хьюз создает в США компанию по производству продуктов для сбаланси- рованного питания и их продвижению через Независимых Партнеров

90+ стран

Сегодня продукция Herbalife Nutrition реализуется по всему миру

2 000+ продуктов

Продуктовая линейки насчитывает более 2 тыс. наименований. Продукты компании основаны на последних научных достижениях

Собственное производство
и контроль качества

Начиная с 2010 году компания инвестировала более 300 млн. долларов в программу «От посаженного семечка до продукта на вашем столе», чтобы обеспечить высокий уровень контроля качества на всех этапах производственного цикла

10 000+ сотрудников

В компании работают тысячи сотрудников, а ее акции котируются на бирже NYSE

Бизнес-возможности

Herbalife Nutrition предоставляет возможности для предпринимательства своим Независимым Партнерам, помогая им достичь личных целей в бизнесе

История компании

Запуск зеленого
коктейля Грин Макс
Select*.

*Селект

Грин Макс Select

Herbalife Nutrition
отмечает 25-летие
работы в России.
Открытие бизнеса
в Узбекистане.

Herbalife Nutrition 25-летие

Запуск
Протеинового
коктейля Формула 1
со вкусом куриного
крем-супа.

Формула 1

Запуск Протеиновых
мини-батончиков.

Мини-батончик

Запуск
Протеинового
кофе со вкусом
Латте Макиато.

Латте Макиато

Запуск Протеинового
коктейля Формула 1
со вкусом дыни в
упаковке 2 кг.

Коктейль Формула 1

Запуск Растительного
напитка Алоэ Клюква.

Алоэ Клюква

Запуск обновленной
Формулы 2 —
Комплекса витаминов
и минералов
для мужчин
и для женщин.

Комплекса витаминов и минералов

Запуск обновленного
Протеинового
коктейля Формула 1
со вкусом
шоколадного печенья.

Формула 1 со вкусом шоколадного печенья

Запуск Иммьюн
Бустера.

Иммьюн Бустер

Запуск продукта
Формула 1
Вечерний коктейль.

Формула 1 Вечерний коктейль

Олимпийские
чемпионы Алексей
Ягудин и Татьяна
Тотьмянина —
посланники бренда
Herbalife Nutrition.

Олимпийские чемпионы

Запуск Комплекса
Пищевых Волокон,
новых вкусов
Протеинового
коктейля Формула 1 —
Шоколадное печенье
и Капучино.

Комплекс пищевых волокон

Запуск
косметической
линейки
Herbalife SKIN.

Herbalife SKIN

  • Зухра Павлова (Россия) — эксперт
    бренда Herbalife по внутреннему
    питанию.
  • Любовь Зиновьева (Россия) — эксперт
    бренда Herbalife по внешнему питанию.
  • Павел Фатыхов (Россия) —
    фитнес-эксперт бренда Herbalife.
  • Herbalife Nutrition — спонсор российской
    сборной Всемирных летних игр
    Специальной Олимпиады.

Иммьюн Бустер

  • Запуск спортивной
    линейки Herbalife 24.
  • Ляйсан Утяшева,
    заслуженный
    мастер спорта
    по художественной
    гимнастике —
    посланница бренда
    Herbalife Nutrition.

Herbalife 24

Запуск новых вкусов
Протеинового
коктейля Формула 1 —
Пина колада и Маракуйя.

Формула 1 — Пина колада и Маракуйя

Запуск официальных
аккаунтов Herbalife
Nurition в социальных
сетях.

Herbalife Nurition в социальных сетях

Открытие Herbalife
в Киргизии и
Азербайджане.

Herbalife в Киргизии и Азербайджане

Криштиану Роналду
становится мировым
спортивным амбассадором
Herbalife Nutrition.

Криштиану Роналду

Запуск
Овсяно-Яблочного
напитка.

Овсяно-Яблочный напиток

Запуск новых
продуктов: Фильтра
для очистки воды,
2 вкусов Травяного
Напитка — Малина
и Лимон.

Травянной напиток

  • Открытие Herbalife
    в Казахстане
    и Армении.
  • Запуск линии
    косметических
    средств Herbal Aloe
    для ухода
    за волосами и телом.

Косметическое средств Herbal Aloe

Запуск Изотонического
напитка H3O PRO.

H3O PRO

  • Открытие Herbalife в Беларуси,
    Грузии, Монголии.
  • Алла Шилина — эксперт бренда
    Herbalife.
  • Роман Мальков, специалист
    по спортивной медицине —
    член Научно-консультационного
    совета Herbalife.
  • Herbalife — официальный спонсор
    по питанию ФК «Спартак-М».

Открытие Herbalife

Подтверждение эффективности
и безопасности программ снижения
веса с использованием продуктов
Herbalife (Протеинового коктейля
Формула 1 и Протеиновой смеси
Формула 3) по сравнению
со стандартной низкокалорийной
диетой клиникой НИИ питания
РАМН. Одобрение Национальной
ассоциации диетологов
и нутрициологов (Россия).

Косметическое средств Herbal Aloe

Запуск Томатного супа
с базиликом, Батончика
Формула 1 Экспресс
со вкусом шоколада, линейки
кремов «Белый чай».

Томатный суп, Батончик, Линейка кремов

  • 30-летие Herbalife.
  • 15-летие Herbalife в России,
    Украине и странах СНГ.
  • Herbalife — член Национальной
    ассоциации диетологов
    и нутрицилогов (Россия).
  • Расширение бизнеса в Украине.
  • Выход телепрограммы «Создай
    себя» при поддержке компании
    Herbalife.

30-летие Herbalife

Запуск Батончиков
Формула 1 Экспресс.

Формула 1 Экспресс

  • Открытие Herbalife
    во Вьетнаме,
    Парагвае, Румынии.
  • Открытие первых
    бренд-центров
    нового поколения
    в России.

Бренд-центры

Работа
50 программ
Casa Herbalife
по всему миру,
в том числе
3 на территории
России и СНГ.

Casa Herbalife

  • Приобретение
    производственных мощностей
    в Южной Калифорнии (США).
  • Покупка плантаций для Aloe
    Vera. Усиление контроля
    качества сырья.
  • Уход из жизни философа
    бизнеса, лидера и спикера
    компании Джима Рона.

Aloe, Джим Рон

Herbalife — спонсор Федерации
велоспорта Израиля,
профессиональных атлетов
в Нидерландах, теннисиста
Марсело Риоса (Чили),
чемпиона мира по силовому
экстриму Сергея Конюшка
(Украина), триатлониста
Дмитрия Полянского (Россия),
ФК «Интер» (Италия),
ФК «Валенсия» (Испания).

Herbalife — спонсор Федерации

Открытие 9 новых
программ Casa Herbalife,
в том числе в Украине
(приют для детей
«Гармония» в Харькове).

Casa Herbalife

  • Открытие Herbalife в Румынии,
    Гватемале, Гондурасе,
    Никарагуа и Эквадоре.
  • Herbalife — спонсор
    профессиональных
    спортсменов; один из них —
    Аттила Вайда, олимпийский
    чемпион по гребле на каноэ.
  • Запуск продуктов Herbal Aloe
    Powder и Active Fiber Complex.

Открытие Herbalife

  • Herbalife — титульный спонсор футбольной команды LA
    Galaxy.
  • Herbalife — спонсор чемпиона и рекордсмена мира по
    волейболу Кирча Кирали (США) и национальной
    хоккейной сборной Финляндии.

LA Galaxy

  • Открытие Herbalife
    в Сальвадоре и Замбии.
  • Открытие 9 новых
    программ Casa Herbalife,
    в том числе в России
    (школа-интернат
    пос. Удельная
    (Московская область)).

Casa Herbalife

Запуск Herbalife
Kids и H3O Pro
Fitness Drink.

Kids и H3O Pro

  • Открытие Herbalife в Перу, Малайзии
    и Коста-Рике.
  • Расширение состава
    Научно-консультационного совета Herbalife.
  • Открытие 14 новых программ Casa
    Herbalife.
  • Herbalife — официальный спонсор
    волейболисток Мивы Асао (Япония) и Элейн
    Янгс (США) и триатлониста Олли Фримана
    (Великобритания).

Открытие Herbalife

Запуск линии
Skin Activator.

Skin Activator

  • Помощь Семейного фонда
    Herbalife пострадавшим
    от цунами и урагана
    «Катрина». Общая сумма
    пожертвований превысила
    1,5 млн долларов.
  • Запуск благотворительной
    программы Casa Herbalife.
    Открыто 6 программ.

Casa Herbalife

  • Открытие Herbalife в Венгрии,
    смена бизнес-модели в Китае.
  • Herbalife — официальный
    спонсор по питанию
    футбольной команды LA Galaxy.

LA Galaxy

  • Луиджи Граттон,
    специалист
    по спортивному питанию —
    член Научно-
    консультационного совета
    Herbalife.
  • Запуск Liftoff.

Liftoff

10-летие Herbalife
в России с участием
Майкла О. Джонсона.

Майкла О. Джонсона.

Запуск NouriFusion,
Shapeworks, Core Complex.

NouriFusion, Shapeworks, Core Complex

  • Открытие Herbalife в Боливии.
  • Выведение акций компании
    на Нью-Йоркскую фондовую биржу
    (NYSE).
  • Смена модели бизнеса в России:
    открытие Центров Продаж, бесплатных
    телефонных линий; прием заказов
    по телефону и через Интернет; доставка
    продукции во все города России.

NYSE

Запуск
Herbal Aloe,
Garden 7.

Herbal Aloe, Garden 7

Запуск линий
Radiant C.

Radiant C

  • Открытие Herbalife
    в Эстонии, Литве
    и Сингапуре.
  • Майкл О. Джонсон —
    Главный исполнительный
    директор Herbalife.

Herbalife

  • Первые продажи
    Niteworks в США
    (за первые 2 недели —
    свыше 4 млн долларов).
  • Запуск Snack Defence.

Niteworks

  • Создание Лаборатории
    клеточного и молекулярного
    питания имени Марка Хьюза.
  • Профессор Дэвид Хибер,
    руководитель Центра
    питания человека и Центра
    клинических исследований
    диетических добавок,
    возглавил Научно-
    консультационный совет
    Herbalife.

Дэвид Хибер

Профессор Луи Игнарро,
лауреат Нобелевской
премии — член
Научно-консультационного
совета Herbalife.

Луи Игнарро

  • Открытие Herbalife в Латвии, Украине и Макао.
  • Компании J.H. Whitney & Co. и Golden Gate Capital, Inc. вложили капиталы в компанию Herbalife.
    Запуск Total Control.

Herbalife

  • Открытие Herbalife
    в Колумбии, Китае
    и Хорватии.
  • 21 мая — первый День
    памяти Марка Хьюза
    во всех странах.

Марк Хьюз

  • 20-летие Herbalife.
  • 5-летие Herbalife в России.
  • Открытие Herbalife на Кипре,
    в Панаме и Ирландии.
  • 21 мая — трагический уход
    основателя и вдохновителя
    Herbalife Марка Хьюза (1956–2000).
  • Запуск Gold Triple и Berry
    Complex.

20-летие Herbalife

  • Открытие Herbalife
    на Ямайке, в Исландии,
    Индии и Словакии.
  • Марк Хьюз на обложке
    Network Marketing
    Magazine (США).

Network Marketing

Запуск линии
декоративной
косметики.

Декоративная косметика

  • Открытие Herbalife
    в Индонезии, Лесото,
    Ботсване, Намибии,
    Турции и Эсватини (ранее
    Свазиленд).
  • Первый визит Марка
    Хьюза в Россию.
  • Школа с участием
    20 тыс. Независимых
    Партнеров на стадионе
    «Олимпийский» в Москве.

Herbalife

Открытие
детского приюта в
Рио-де-Жанейро,
который дал имя
программе Casa
Herbalife.

Casa Herbalife

Запуск Ocular
Defense Formula.

Ocular Defense Formula

  • Открытие Herbalife в Чили
    и Таиланде.
  • Мировое турне Марка Хьюза
    для Независимых Партнеров
    Голландии, Японии, Бразилии
    и США.
  • Первый представитель
    Founder’s Circle — Джерри
    Цветанович.

Herbalife

  • Марк Хьюз награжден
    премией «Лучший
    Предприниматель года»
    (Лос-Анджелес).
  • Запуск Dinokids.

Casa Herbalife

  • Открытие Herbalife
    в Греции и Корее.
  • Запуск Herbalife.com,
    TouchFon, голосовой
    почты и сообщений
    по факсу.

Herbalife

Запуск RoseOx.

RoseOx

  • Открытие Herbalife
    в России, Тайване, Австрии,
    Швейцарии, Бразилии, ЮАР,
    Финляндии и Норвегии.
  • Запуск линии Dermajetics.
  • Начало вещания телеканала
    HBN в Европе и США.

Herbalife

  • Открытие Herbalife
    в России, Тайване, Австрии,
    Швейцарии, Бразилии, ЮАР,
    Финляндии и Норвегии.
  • Запуск линии Dermajetics.
  • Начало вещания телеканала
    HBN в Европе и США.

Herbalife

  • Открытие Herbalife
    в Нидерландах.
  • Первые представители
    Chairman’s Club — Джерри
    Цветанович (США), Кэрол
    и Алан Лоренц
    (Великобритания).
  • Запуск чая N-R-G.

Чай N-R-G

Открытие Herbalife
в Португалии, Чехии,
Гонконге, Италии и Японии.

Herbalife

Запуск продукта
Термоджетикс.

Термоджетикс

  • Старт кампании «Миссия
    питания / Все на борт».
  • Продажи достигают
    400 млн долларов.
  • Запуск продукта
    Клеточный Активатор.

Клеточный Активатор

  • 10-летие Herbalife.
  • Открытие Herbalife
    во Франции, Германии
    и Израиле.

10-летие Herbalife.

  • Открытие Herbalife
    в Мексике и Испании.
  • Развитие программ
    обучения Herbalife,
    тренинги проводят
    представители команды
    President’s Team.

  • Открытие Herbalife
    в Новой Зеландии.
  • Запуск Herbalife Diet Disc.

Herbalife Diet Disc

Трансляция передач
Herbalife в прямом
эфире в Австралии
с синхронным
переводом на 2 языках.

Трансляция передач Herbalife

  • Herbalife становится
    публичной компанией
    и выходит на фондовую
    биржу NASDAQ.
  • К команде Herbalife
    присоединяется Джим
    Рон.

Джим Рон

  • 5-летие Herbalife.
  • Выступление Марка Хьюза
    перед Конгрессом США.
  • Школа Herbalife в Сиднее
    (Австралия).
  • Создание
    Научно-консультационного
    совета Herbalife.

Herbalife

Запуск продукта
ЭкстраКаль.

ЭкстраКаль

  • Открытие Herbalife
    в Великобритании.
  • Первая Международная Школа
    в Торонто (Канада).
  • Запуск первой спутниковой
    программы Herbalife
    собственной вещательной сети
    и первый информационный
    ролик о продукте Kindermins.
  • Запуск Шизандры Плюс.

Herbalife

  • Открытие Herbalife
    в Австралии.
  • Запуск ежемесячного
    журнала The Herbalife
    Journal для Независимых
    Партнеров.

Herbalife

  • Открытие Herbalife
    в Канаде.
  • Первая Корпоративная
    Школа в Лос-Анджелесе.
  • Запущена первая
    компьютерная система
    Herbalife.

Компьютерная система Herbalife

  • Первый тренинг Марка
    Хьюза* для представителей
    President’s Team.
  • Выплата первых
    вознаграждений.
  • Запуск продуктов Herbalife
    для ухода за кожей
    и волосами.

*Марк Хьюз (1956-2000),
Основатель и
Первый Дистрибьютор
компании Herbalife Nutrition

Марк Хьюз

  • Создание бренда
    Herbalife в США.
  • Первый тренинг
    для Супервайзоров.
    Джим Рон —
    приглашенный спикер.
  • Запуск продуктов
    Формула 1, Формула 2
    и N-R-G.

Марк Хьюз

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Наша миссия

  • Содействовать повышению качества жизни людей
  • Предоставлять возможность для Независимых Партнеров вести выгодный бизнес в партнерстве с компанией
  • Для Клиентов — пользоваться качественными продуктами для здорового образа жизни

Качество продукции

Herbalife Nutrition уделяет особое внимание качеству продукции. Продукты представлены во многих странах — и везде соответствуют всем требованиям законодательства. В России проверку проводят самые авторитетные лаборатории и центры, такие как Институт питания РАМН, Ростест и многие другие. Каждый продукт проходит 14 стадий тестирования, в которое вовлечены 8 специальных лабораторий и 300 штатных сотрудников с ученой степенью.

Качественные
ингредиенты

Собственное производство и закупка ингредиентов у тщательно отобранных поставщиков

Научная
экспертиза

Продукты разработаны на базе многолетних научных исследований в области питания

Тщательное
тестирование

Строгий многоуровневый контроль качества

Произведено
с заботой

Ультрасовременные способы смешивания, прессования, упаковки и производства

Питание
для вас

Передовые технологии мониторинга условий хранения, транспортировки и обеспечения качества продуктов на протяжении всего срока годности

Научное превосходство

Научно-консультационный совет Herbalife Nutrition, в состав которого входит более 20 авторитетных ученых из разных стран мира, занимается разработкой новых продуктов, поиском эффективных ингредиентов, тестированием, а также принимает участие в обучении Независимых Партнеров компании.

Все эксперты

Луи Игнарро

Луи Игнарро

ДМН

НОБЕЛЕВСКИЙ ЛАУРЕАТ, Член НКС

Джон Хейс

Джон Хейс

ДМН

Старший директор, Потребительский опыт и Инновации

Росио медина

Росио Медина

ДМН

Заместитель председателя НКС

Дэвид Хибер

Дэвид Хибер

ДМН, КМН, ЧАКТ, ЧАКН

Председатель Института питания HN

Дана Райан

Дана Райан

КМН., Маг., MBA

Директор по вопросам спорта и обучения

Гари Смол

Лаура Чакон-Гарбато

Лаура Чакон-Гарбато

Директор по вопросам обучения в области внешнего питания HN

Луиджи Граттон

Луиджи Граттон

Вице президент HN по продуктовым тренингам

Все эксперты

Благодаря поддержке Herbalife Nutrition в 2003 году Калифорнийский университет (США) открыл Лабораторию клеточного и молекулярного питания имени Марка Хьюза. В 2010 году компания создала собственный информационно-интерактивный ресурс — «Институт питания Herbalife Nutrition».

Herbalife Nutrition —
участник более 70 научных, промышленных и общественных организаций

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Herbalife Nutrition — один из основателей и активных участников Международной ассоциации биологически активных добавок (IADSA), Европейского альянса ответственного питания (ERNA) и Совета здорового питания (CRN).

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Herbalife Nutrition — член Национальной ассоциации диетологов и нутрициологов (НАДН). На основании своих исследований ассоциация осуществляет образовательную деятельность, а также делится передовыми знаниями в области диетологии и нутрициологии.

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В России Herbalife Nutrition является активным членом Ассоциации Производителей БАД, Ассоциации Прямых Продаж и ряда других индустриальных объединений.

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Herbalife Nutrition — член Совета директоров Всемирной федерации ассоциаций прямых продаж (WFDSA) и ряда национальных ассоциаций прямых продаж. С 1998 года компания входит в Ассоциацию Прямых Продаж (АПП) в России.

Награды

Партнерство и благотворительность

Во всем мире компания Herbalife Nutrition сотрудничает со знаменитостями и спортсменами, чтобы доносить свои ценности и идею здорового и активного образа жизни широкой аудитории. Наши посланники собственным примером доказывают, что продукты Herbalife Nutrition помогают качественно улучшить свою жизнь, достичь лучшей формы и добиться самых высоких результатов!

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Herbalife Nutrition выступает партнером множества спортивных мероприятий международного и регионального масштаба. Компания поддерживает профессиональные команды и мировых спортсменов, в том числе Криштиану Роналду — нападающего сборной Португалии, одного из лучших игроков в истории футбола.

Он побил бесчисленное множество рекордов, став двукратным обладателем награды «Золотая бутса» как лучший бомбардир Европы, двукратным обладателем награды «Золотой мяч ФИФА» в 2008 и 2013 годах, лучшим футболистом мира (FIFPro, World Soccer, ФИФА) и лучшим футболистом Европы (Onze d’Or). Компания также выступает спонсором по питанию для футбольного клуба LA Galaxy (США).

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Благотворительный фонд Herbalife Nutrition Foundation (HNF) — некоммерческая организация, в финансировании которой принимают участие сотрудники и Независимые Партнеры Herbalife Nutrition.

Созданный в 1994 году основателем и первым дистрибьютором компании Марком Хьюзом (1956-2000), HNF поддерживает партнерские организации в 58 странах по всему миру, помогая улучшать условия питания детей, оказавшихся в сложной жизненной ситуации.

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В 2020 году Herbalife Nutrition получила 14 наград за достижения и вклад в корпоративную социальную ответственность. Компания также стремится искоренить голод и недоедание в мире и решить проблему продовольственной безопасности.

В этом же году была запущена программа Nutrition for Zero Hunger — глобальная инициатива, направленная на обеспечение помощи и просвещения по вопросам питания.

Сотрудничая по всему миру с некоммерческими партнерскими организациями, мы можем свести голод к нулю! Nutrition for Zero Hunger поддерживает усилия ООН, направленные на искоренение голода к 2030 году.

Наша ответственность как компании прямых продаж

До сих пор существует риск столкнуться с мошенничеством в виде пирамиды – подобного рода организации все еще продолжают возникать. Мы стараемся информировать людей о недобросовестном бизнесе, чтобы никто не понес серьезные финансовые потери.

Как отличить финансовую пирамиду от добросовестной коммерческой структуры?
В этом вам поможет ряд полезных ресурсов:

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Черный список
Центробанка
России

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Материалы
Ассоциации Прямых
Продаж в России

Источник

гербалайф

гербалайф

(2 м)

Орфографический словарь русского языка.
2006.

Синонимы:

Смотреть что такое «гербалайф» в других словарях:

  • ГЕРБАЛАЙФ — [англ. herbalife < лат. herba трава + англ. life жизнь] наименование группы препаратов (или диетпродуктов), создаваемых (первонач. в США) на основе целебных трав и используемых в системе сбалансированного питания и как средство для нормализации… …   Словарь иностранных слов русского языка

  • гербалайф — сущ., кол во синонимов: 1 • компания (88) Словарь синонимов ASIS. В.Н. Тришин. 2013 …   Словарь синонимов

  • гербалайф — м. Лекарственные препараты из экзотических растений, производимые американской фирмой в виде таблеток, настоев и коктейлей для снижения веса человека. Толковый словарь Ефремовой. Т. Ф. Ефремова. 2000 …   Современный толковый словарь русского языка Ефремовой

  • Гербалайф — …   Википедия

  • гербалайф — гербал айф, а …   Русский орфографический словарь

  • Хьюз, Марк Рейнольдс — В Википедии есть статьи о других людях с такой фамилией, см. Хьюз. Марк Рейнольдс Хьюз (англ. Mark Reynolds Hughes; 1 января 1956  21 мая 2000)  американский предприниматель, основатель компании «Гербалайф», работающей по принципу… …   Википедия

  • Сектоведение. Тоталитарные секты — У этого термина существуют и другие значения, см. Сектоведение (значения). Сектоведение. Тоталитарные секты. Опыт систематического исследования …   Википедия

  • Хьюз, Марк Рейнольдc — Марк Рейнольдc Хьюз ( en. Mark Reynolds Hughes; 1 января 1956 21 мая 2000) американский предприниматель, основатель компании «Гербалайф», работающей по принципу многоуровневого маркетинга. Имел образование в объёме 9 классов. В… …   Википедия

  • Ассоциация прямых продаж — (Россия) была создана в 1996 году Компанией Mary Kay® и является национальной ассоциацией фирм по производству и продаже товаров и услуг непосредственно потребителю. Входит в Международную федерацию ассоциаций прямых продаж[1]. Основная цель …   Википедия

  • Хьюз — (англ. Hughes)  распространённая ирландская фамилия. Известные носители: Хьюз, Альфред (1868 1935)  британский яхтсмен, бронзовый призёр летних Олимпийских игр 1908. Хьюз, Артур (1831 1915)  английский иллюстратор и живописец …   Википедия

Источник

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