Herbalife

Herbalife International is a global nutrition, weight management and skin-care company. The company was founded in 1980 and it employs around 4,000 people worldwide. Herbalife reported net sales of USD 3.5 billion in 2011 with a retail sales turn over of 5.1 Billion USD with an increase of 1.1 billion retail sales on 2010. Though incorporated in the Cayman Islands, its corporate headquarters are in Los Angeles, United States. The company distributes its products in 81 countries through a network of approximately 2.1 million independent distributors, some of whom earn profit on... product sales and additional commission from a multi-level marketing compensation structure. In February 1980, Mark 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. His goal was to change the nutritional habits of the world. His first product was a protein shake designed to help people manage their weight.
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