Source: Npros 1/18/2014

Nu Skin Shares Fall On China News Claims

January 18, 2014--Nu Skin's stock fell more than 40% this week after a scathing story in China's state-run People's Daily compared Nu Skin's training methods for new sales reps to "brain washing" and suggested it operates an illegal pyramid scheme. The article also said China's State Administration for Industry and Commerce is investigating the company.

Nu Skin, which has had a presence in China for 11 years, defended itself against the allegations in the People's Daily story and said that the reporters did not verify any of the information with Nu Skin. It also released a statement saing that it is "dedicated to operating in full compliance with applicable regulations as interpreted and enforced by the government of China."

View Nu Skin Enterprises Review

Related News

  • Nu Skin Celebrates Global Humanitarian Efforts with 12th Annual Force For Good Day
    PROVO, Utah, June 4, 2015 -- Nu Skin Enterprises, Inc. is celebrating its annual Force for Good Day with a number of humanitarian projects focused on improving the lives of children around the world.

    "Nu Skin's annual Force for Good Day celebration has become a tradition where our global empl...  Read More...

  • Nu Skin Announces Launch Of Epoch Essential Oils
    PROVO, Utah, March 3, 2015 -- Nu Skin Enterprises, Inc. today 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 ...  Read More...
  • Nu Skin Shares Fall On China News Claims
    January 18, 2014--Nu Skin's stock fell more than 40% this week after a scathing story in China's state-run People's Daily compared Nu Skin's training methods for new sales reps to "brain washing" and suggested it operates an illegal pyramid scheme. The article also said China's State Administration ...  Read More...
  • Nu Skin Receives Awards For Growth And Innovation
    PROVO, Utah, Nov. 11, 2013 -- Nu Skin Enterprises today announced it has received several prestigious awards recognizing the company's business performance, management team and product innovation. The company's most recent accolades come from The Golden Bridge Awards and The Consumer World Awards. <...  Read More...

 

Nu Skin Enterprises News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed