Nu Skin Enterprises: Difference between revisions
er, if they tested a NuSkin product, then clearly it has SOMETHING to do with NuSkin; i agree that it would be preferable to verify this directly |
→Reception: just as the products section should not be used as a product catalog, any reception section should include overall copmpany reception , not individualized product reception. Suggest creating a sub article on LifePak. Tag: section blanking |
||
| Line 32: | Line 32: | ||
==Brands and products== |
==Brands and products== |
||
Under the Nu Skin brand, the company develops and sells dozens of anti-aging personal care products.<ref>{{cite news| url=http://www.reuters.com/finance/stocks/companyProfile?symbol=NUS.BE | work=Reuters}}</ref><ref>http://www.deseretnews.com/article/700017667/BYU-licenses-soy-technology-to-Nu-Skin-for-anti-aging-serum.html</ref> A portion of proceeds from some product lines is donated internally to the Nu Skin Force for Good Foundation.<ref>http://news.google.com/newspapers?id=h-5LAAAAIBAJ&sjid=wewDAAAAIBAJ&pg=3878,2716675&dq=epoch+nu+skin&hl=en</ref> The company markets anti-aging [[dietary supplements]] under the '''Pharmanex''' brand.<ref>{{cite news| url=http://www.reuters.com/finance/stocks/keyDevelopments?symbol=NUS | work=Reuters}}</ref> |
Under the Nu Skin brand, the company develops and sells dozens of anti-aging personal care products.<ref>{{cite news| url=http://www.reuters.com/finance/stocks/companyProfile?symbol=NUS.BE | work=Reuters}}</ref><ref>http://www.deseretnews.com/article/700017667/BYU-licenses-soy-technology-to-Nu-Skin-for-anti-aging-serum.html</ref> A portion of proceeds from some product lines is donated internally to the Nu Skin Force for Good Foundation.<ref>http://news.google.com/newspapers?id=h-5LAAAAIBAJ&sjid=wewDAAAAIBAJ&pg=3878,2716675&dq=epoch+nu+skin&hl=en</ref> The company markets anti-aging [[dietary supplements]] under the '''Pharmanex''' brand.<ref>{{cite news| url=http://www.reuters.com/finance/stocks/keyDevelopments?symbol=NUS | work=Reuters}}</ref> |
||
==Reception== |
|||
The nutritional supplement '''''Pharmanex''' LifePak Anti-Aging'' was tested by [[ConsumerLab.com]] in their ''Multivitamin and Multimineral Supplements Review'' of 38 of the leading multivitamin/multimineral products sold in the U.S. and Canada. Testing included amounts of selected index elements, their ability to disintegrate in solution per [[United States Pharmacopeia]] guidelines, lead contamination threshold set in [[California Proposition 65]], and meeting [[FDA]] labeling requirements.<ref>{{cite web| title=ConsumerLab Multivitamin and Multimineral Supplements Review - Testing Method| url=https://www.consumerlab.com/howtested/review_multivitamin_compare/multivitamins/| date=15 June 2011| accessdate=18 August 2011}}</ref> |
|||
Although the supplement passed all laboratory tests, ConsumerLab reported the product as failing the overall review due to not clearly indicating its total amount of [[Vitamin A]] per [[FDA]] requirements.<ref>{{cite web| title=ConsumerLab Multivitamin and Multimineral Supplements Review - Main Review|url=https://www.consumerlab.com/reviews/Multivitamin_Multimineral_Supplements/multivitamins/| date=15 June 2011| accessdate=18 August 2011}}{{subscription required}}</ref> |
|||
==References== |
==References== |
||
Revision as of 20:59, 14 September 2011
| File:NuSkin 2008 logo.svg | |
| Company type | Public |
|---|---|
| NYSE: NUS | |
| Industry | Personal care, nutraceuticals |
| Founded | 1984 |
| Founder | Blake Roney, Nedra Roney, Brooke Roney, Steve Lund, Sandie Tillotson |
| Headquarters | , |
Area served | Worldwide |
Key people | Blake M. Roney (Chairman) M. Truman Hunt (President, CEO, and Director) Ritch N. Wood (Vice President and CFO)[1] |
| Revenue |  US$ 1.54 billion (2010)[2] |
| US$ 217.062 million (2010)[2] | |
| US$ 136.051 million (2010)[2] | |
| Total assets | US$ 892.224 million (2010)[2] |
| Total equity | US$ 471.249 million (2010)[2] |
| Website | www |
40°14′00″N 111°39′37″W / 40.2334366°N 111.6601706°W
Nu Skin Enterprises (NYSE: NUS) is an American multi-level marketing company that develops and distributes personal care products and nutritional supplements that are sold under the Nu Skin and Pharmanex brands.[3] Nu Skin was founded in 1984 in Provo, Utah as Nu Skin International. The company began its first actual international operation in Canada in 1990, and in 1996 the company listed on the New York Stock Exchange. Initially only the Nu Skin Asia Pacific company was listed; however, shortly afterward all remaining company affiliates were sold to the new entity and Nu Skin Enterprises became a fully fledged public company.
Following a 1994 investigation by the Federal Trade Commission (FTC), the company paid $1 million and signed a consent decree prohibiting it from making deceptive or unsubstantiated claims about its products.[4] In 1997, the company paid an additional $1.5 million to the FTC to settle ongoing allegations of unsubstantiated promotional claims.[5]
In 2010, the company reported its highest ever earnings with US$1.54 billion in revenue in 51 international markets.[2] As of 2011, Nu Skin operates in 51 countries in North America, Europe, and Asia.[6]
Brands and products
Under the Nu Skin brand, the company develops and sells dozens of anti-aging personal care products.[7][8] A portion of proceeds from some product lines is donated internally to the Nu Skin Force for Good Foundation.[9] The company markets anti-aging dietary supplements under the Pharmanex brand.[10]
References
- ^ "Nu Skin Executives". Hoover's, Inc. Retrieved 2008-12-26.
- ^ a b c d e f Nu Skin 2010 Annual Report Selected Financial Data - page 34
- ^ http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=NUS:US
- ^ "Consent Order C-3489" (PDF). Federal Trade Commission. 1994-04-01. Retrieved 2010-12-25.
- ^ "Nu Skin to Pay $1.5 Million Penalty to Resolve FTC Charges Over Fat-Loss Claims for Supplements". Federal Trade Commission. 1997-08-06. Retrieved 2008-12-26.
- ^ Nu Skin SEC Filing Form 10-K
- ^ Reuters http://www.reuters.com/finance/stocks/companyProfile?symbol=NUS.BE.
{{cite news}}: Missing or empty|title=(help) - ^ http://www.deseretnews.com/article/700017667/BYU-licenses-soy-technology-to-Nu-Skin-for-anti-aging-serum.html
- ^ http://news.google.com/newspapers?id=h-5LAAAAIBAJ&sjid=wewDAAAAIBAJ&pg=3878,2716675&dq=epoch+nu+skin&hl=en
- ^ Reuters http://www.reuters.com/finance/stocks/keyDevelopments?symbol=NUS.
{{cite news}}: Missing or empty|title=(help)