South Korean direct-selling company Atomy, which sells health supplements, personal care and household items, is on an expansion spree and is set to enter New Zealand in March, and later in Turkey and the UK.
Herbalife Nutrition has agreed to pay a $20 million fine levied by the US Securities and Exchange Commission to settle a claim that the company has misled investors on its business in China.
Herbalife India is aiming to implement a three-pronged approach to its business in the country: supplements for daily nutrition requirements, macronutrients for millennials, and nutrition for professional athletes.
China’s State Administration for Market Regulation (SAMR) and the Ministry of Commerce summoned all 91 direct-selling firms operating in China to a meeting as part of the “100-day operation” to clean up the health food market.