nu skin enterprises inc - a (NUS) Key Developments
Nu Skin Enterprises Receives Direct Selling Authorization for Additional City in Mainland China
Mar 19 15
Nu Skin Enterprises reported it has received approval from China's Ministry of Commerce for the company to commence direct selling activities in Shaoxing City in Zhejiang Province. Nu Skin is now licensed in 30 cities in 19 provinces and municipalities. The licensing process included a review of the company's operations.
Nu Skin Enterprises, Inc. Introduces Epoch® Essential Oils in the United States, Canada and Latin America
Mar 4 15
Nu Skin Enterprises Inc. announced the upcoming introduction of Epoch® Essential Oils in the United States, Canada and Latin America. Nu Skin also plans to introduce essential oils in China and Europe later this year. The essential oils can be used topically or aromatically to provide a variety of sensory and wellness experiences and benefits. Initially, Epoch Essential Oils will be available in three single oils - lavender, lemon and peppermint - and five oil blends. Each one is uniquely designed to provide a variety of benefits including mental alertness, relaxation and mood elevation. As part of Nu Skin's Epoch brand, the new essential oils line includes blends formulated with scientific insights from ethnobotany and features natural ingredients used throughout history. The first Epoch Essential Oils package will be available in the Americas Region beginning April 9 and will feature all eight of the oils, as well as a diffuser, a mini diffuser and topical blending oil. Individual products will be available for sale in July.
Nu Skin Enterprises Inc. Presents at UBS Global Consumer Conference 2015, Mar-04-2015
Mar 1 15
Nu Skin Enterprises Inc. Presents at UBS Global Consumer Conference 2015, Mar-04-2015 . Venue: Four Seasons Hotel Boston, 200 Boylston Street, Boston, Massachusetts, United States. Speakers: Ritch N. Wood, Chief Financial Officer, Principal Accounting Officer and Vice President, Steve Lindsley, IR Associate.
Nu Skin Enterprises Adopts Amendment to Bylaws
Feb 12 15
On February 9, 2015, Nu Skin Enterprises Inc.'s Board of Directors adopted an amendment and restatement of the Company's Second Amended and Restated Bylaws. The Third Amended and Restated Bylaws, which are effective as of February 9, 2015, amend the Company's Second Amended and Restated Bylaws to provide for majority voting for the election of directors in uncontested elections. Previously, the Company's bylaws provided for the election of directors by plurality voting in all circumstances. Section 2.2 of the Third Amended and Restated Bylaws further requires that any director then serving on the Board of Directors who does not receive the required majority shall resign pursuant to an irrevocable resignation previously tendered and effective upon (i) such person failing to receive the required majority vote and (ii) the Board of Directors' acceptance of such resignation. Section 2.2 further provides that, within 90 days after the date of the certification of the election results, the Board of Directors will determine whether to accept or reject the resignation or whether other action should be taken, and the Board of Directors will publicly disclose its decision. Section 1.11 of the Third Amended and Restated Bylaws provides that a stockholder's advance notice of a director nomination must include a statement whether the stockholder's nominee intends to tender, promptly following the nominee's election, such an irrevocable resignation.
Patricia A. Negron Decides Not to Stand for Reelection to the Nu Skin Enterprises Inc. Board of Directors
Feb 12 15
On February 10, 2015, Patricia A. Negron informed Nu Skin Enterprises Inc. that she has decided not to stand for reelection to the Company's Board of Directors at the Company's 2015 Annual Meeting of Stockholders. This will enable her to focus on a new consulting partnership after ten years of service on the Company's Board of Directors.