Profile: NU Skin Enterprises Inc (NUS)
15 Jul 2019
Nu Skin Enterprises, Inc., incorporated on September 4, 1996, is a global direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Company has operations in various geographic regions, including Greater China, North Asia, Americas, South Asia/Pacific, and Europe, the Middle East and Africa (EMEA). The Company operates in the direct selling channel, primarily utilizing person-to-person marketing to promote and sell its products. The Company offers Pharmanex nutritional supplements and Nu Skin personal care products under its ageLOC anti-aging brand. It also offers a limited number of other products and services, including household products and technology services. The Company is focused on offering ageLOC Youth nutritional supplement. It is also focused on providing ageLOC Me personalized skin care system.
Nu Skin offers anti-aging personal care products. The primary categories in this product line are core skin-care systems and targeted treatment products that address specific skin needs. The Company offers a range of products in this category, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system. The Company also offers Epoch products, which feature botanical ingredients derived from renewable sources, and various other cosmetic, personal care and hair care products. In Mainland China, the Company operates manufacturing facilities where it produces personal care products sold in Mainland China, and some products exported to other markets.
The Company markets a range of products under its Pharmanex brand. The Company's Pharmanex product line includes ageLOC Youth nutritional supplement, ageLOC TR90 weight management and body shaping system, and LifePak nutritional supplements. It also offers a number of other anti-aging nutritional solutions and weight management products. For markets other than Mainland China, the Company sources its Pharmanex nutritional supplements from third-party suppliers and manufacturers. In Mainland China, it operates manufacturing facilities where it produces nutritional supplements sold in Mainland China and herbal extracts used to produce other products, which are sold globally.
The Company competes with Amway, Avon Products, Herbalife, Mary Kay, Perfect and Infinitus.
NU Skin Enterprises Inc
75 W Center St
PROVO UT 84601-4432