Herbalife Ltd., through its subsidiaries, operates as a nutrition company. The company develops and sells weight management, healthy meals and snacks, sports and fitness, energy, and targeted nutritional products, as well as personal care products. As of December 31, 2015, the company sold its products in 93 countries. The company provides its members with science-based products to help them increase consumption and the retailing of its products. The company categorizes its products into five groups, such as weight management, targeted nutrition, energy, sports and fitness, outer nutrition, and literature, promotional, and other. Weight Management: The company offers meal replacement, protein shakes, drink mixes, weight loss enhancers and healthy snacks. Targeted Nutrition: The company offers dietary and nutritional supplements containing quality herbs, vitamins, minerals and other natural ingredients. Energy, Sports and Fitness: The company offers products that support a healthy active lifestyle. Outer Nutrition: The company offers facial skin care, body care, and hair care. Literature, Promotional and Other: The company offers start-up kits, sales tools, and educational materials. Strategy The key elements of the company’s strategy are to deliver effective products that are scientifically validated; improve the sustainability of its members’ businesses through the evolution of its marketing plan; improve members’ skills through training; increase brand awareness; improve product access; and invest in its technology infrastructure in order to maintain, protect, and enhance existing systems and develop new systems to keep pace with continuing changes in technology, evolving industry and regulatory standards, emerging data security risks, and changing user patterns and preferences. Distribution The company’s products are distributed through a global network marketing organization consisted of approximately 4.0 million Members. Intellectual Property The company uses the umbrella trademarks Herbalife and the Tri-Leaf design worldwide, and protects various other trademarks and trade names related to its products and operations, such as Niteworks and Liftoff. Its trademark registrations are issued through the United States Patent and Trademark Office (USPTO), and comparable agencies in the foreign countries. As of December 31, 2015, the company had approximately 2,000 trademark registrations worldwide. Suppliers Soy, the company’s ingredient, is sourced from DuPont and ADM. Its vitamins, minerals and other key ingredients come from companies, such as DSM and BASF. Other key suppliers include Tate & Lyle, Dupont, Kyowa Hakko, and Naturex. Competition The company’s competitors include NuSkin Enterprises; Nature’s Sunshine; Alticor/Amway; Melaleuca; Avon Products; Oriflame; Omnilife; Tupperware; Mary Kay; Weight Watchers; Jenny Craig; General Nutrition Centers; and Wal-Mart. Regulation In the United States, the formulation, manufacturing, packaging, holding, labeling, promotion, advertising, distribution and sale of the company’s products are subject to regulation by various governmental agencies, including the Food and Drug Administration (FDA); the Federal Trade Commission (FTC); the Consumer Product Safety Commission; the United States Department of Agriculture; the Environmental Protection Agency; the United States Postal Service; United States Customs and Border Patrol; and the Drug Enforcement Administration. The FDA, in particular, regulates the formulation, manufacture and labeling of over-the-counter (OTC), drugs, conventional foods, dietary supplements, and cosmetics, such as those distributed by the company. The majority of the products marketed by the company in the United States are classified as conventional foods or dietary supplements under the Federal Food, Drug and Cosmetic Act. Internationally, the majority of products marketed by the company are classified as foods, health supplements or food supplements. FDA regulations require the company and its contract manufacturers to meet relevant current good manufacturing practice, regulations for the preparation, packaging, holding, and distribution of foods, OTC drugs and dietary supplements. The company is subject to a permanent injunction issued in October 1986 pursuant to the settlement of an action instituted by the California Attorney General, the State Health Director and the Santa Cruz County District Attorney. The company’s network marketing program is subject to a number of federal and state regulations administered by the FTC and various state agencies as well as regulations in foreign markets administered by foreign agencies. The company is also are subject to the risk of private party challenges to the legality of its network marketing program both in the United States and internationally. History Herbalife Ltd., a Cayman Islands exempt limited liability company, was founded in 1980. The company was incorporated in 2002.
herbalife ltd (HOO:Frankfurt)
South Church Street
PO Box 309GT
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for HOO.|
|View Industry Companies|
Sponsored Financial Commentaries
Only a company representative may request an update for the company profile. Documentation will be required.
To contact HERBALIFE LTD, please visit www.herbalife.com. Company data is provided by Capital IQ. Please use this form to report any data issues.