MLM Blog – Network Marketing Blog

3 charged in theft, resale of Nu Skin products

Posted on 20. Feb, 2010 by Dan Mitchell.

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After allegedly stealing more than $700,000 worth of products from Nu Skin and selling them online, three Utah County residents were charged Friday with theft and conspiracy to commit theft.

From April 2009 until his arrest Thursday, Scott Lazerson was receiving stolen products from Nu Skin employees in Provo, court documents say. With Elizabeth Craig and Brady Harper, Lazerson stored products in a storage shed in Orem and sold them on eBay. Craig and Harper used their personal PayPal accounts to process the payments.

Craig and Harper told authorities they were making $20,000 to $30,000 a month in sales since they began last April. When police searched the storage shed Wednesday, they recovered 415 boxes of Nu Skin products, valued at more than $500,000.

Nu Skin Representative Kara Schneck said Lazerson was a Nu Skin employee from 1994 until 1995 but worked only part time. Schneck said Craig and Harper were not employees.

Source: Deseret News

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Nu Skin Japan Celebrates ageLOC Product Launch

Posted on 10. Jan, 2010 by Dan Mitchell.

Nu Skin Enterprises, Inc. introduced the new ageLOC Future Serum to more than 10,000 sales representatives at its launch event in Japan. Japanese distributors were eager to be in the first market to fully launch one of the company's new ageLOC skin care products that targets the sources of aging by resetting youth gene clusters to a more youthful pattern. The ageLOC products are marketed as 'genLOC' in Japan.

"We continue to believe that ageLOC will be the biggest global product launch in Nu Skin history and are pleased to begin the roll out in Japan," said Truman Hunt, Nu Skin president and chief executive officer. "We are committed to fueling the positive trends we are seeing in Japan and believe that the introduction of ageLOC will help in generating distributor enthusiasm in this important market. Our proprietary ageLOC products enable our sales representatives to take advantage of the accelerating growth in the anti-aging industry, which is expected to grow by 73 percent in Japan by 2015. We'll continue the global roll out of ageLOC next month as we launch new ageLOC skin care products in the United States, Europe and Latin America."

Source: NPI Center

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Nu Skin Enterprises Reports Record 3Q For 2009

Posted on 03. Nov, 2009 by Dan Mitchell.

Nu Skin Enterprises, Inc. NUS today announced record third-quarter revenue of $334.2 million, an 8 percent improvement over the prior-year period. Revenue in the period benefited 1 percent from foreign currency fluctuations. Earnings per share for the quarter were $0.40, a 54 percent improvement over the same quarter of 2008. Earnings per share, excluding restructuring charges of $0.01, were $0.41, a 58 percent improvement over the prior-year period.

"We are really pleased with accelerated growth on both the top and bottom line," said Truman Hunt, president and chief executive officer. "We are also optimistic about continued growth going forward. Last week we held our 25th anniversary convention where we hosted 12,000 of our global sales leaders and unveiled our new ageLOC skin care line. As part of the event, we also revealed more of the science and significant scientific collaborations that support our product strategy of targeting the sources of aging.

Source: PR Newswire

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Nu Skin Rocks 2009 International Business Awards

Posted on 19. Sep, 2009 by Dan Mitchell.

Source: PR Web

Congratulations Nu Skin!

Nu Skin Enterprises (NYSE:NUS) was recognized in seven major categories last night at the International Business Awards ceremony in New York City. Founder and Chairman of the Board Blake M. Roney was named the 2009 Chairman of the Year. Nu Skin Korea was honored as the Most Innovative Company in Asia.

Nu Skin Enterprises is one of only two direct selling companies to ever receive an International Business Award and the only direct selling company to win more than one. This accolade comes during a year of celebration for Nu Skin Enterprises as the company commemorates 25 years of business success.

With record-level growth and numerous international accolades, Nu Skin has a lot to celebrate this year. At the heart of our success are our people. Blake is a phenomenal leader, and he is very deserving of this esteemed award
"With record-level growth and numerous international accolades, Nu Skin has a lot to celebrate this year. At the heart of our success are our people. Blake is a phenomenal leader, and he is very deserving of this esteemed award," said Truman Hunt, president and CEO of Nu Skin Enterprises.

"Blake Roney built this company on a solid foundation of values such as innovation, hard work and generosity, and those values have been the reason behind much of the company's 25 years of success. Likewise, Nu Skin Korea, under the direction of Luke Yoo, has continued to be a significant contributor to Nu Skin's growth and its innovative sales initiatives have served as a catalyst for growth throughout the our organization.

This is Nu Skin's second win for its Korean operations, named Best Corporate Social Responsibility Program in Asia by the International Business Awards in 2008. Nu Skin's history of Stevies nods includes two American Business Awards, one for Most Innovative Company in 2005 and another for Best Corporate Social Responsibility Program in 2007, as well as two corporate finalist recognitions in both the American and International Business Awards competitions.

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