A probe by China's authorities into the direct seller Nu Skin’s business practices in the country could result in the possibility of fines or sanctions, the company has confirmed, but analysts believe the business will pull through.
Direct-selling company Nu Skin has launched its Future Serum in the Japanese market, the first ageLOC product to be made available in Japan, as part of a global product roll-out.
Nu Skin claims to have identified a previously unknown cause of
skin aging that could help the company create products that fight
wrinkles before they appear.
American direct marketer Nu Skin is setting up operations in Russia
at the beginning of next year, and has tapped one of its most
successful European executives to lead the new venture.
US personal care company Nu Skin's net income suffered from a
conference payment in Q4, but the company was happy with the large
revenue it brought in during the period.