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Herbalife
International (NYSE: HLF) is a global nutrition, weight management and
skin-care company. The company was founded in 1980 and it employs around 5,000
people worldwide. Herbalife reported net sales of US$3.45 billion in 2011 with
retail sales turn over of US$5.1 billion with an increase of US$1.1 billion
retail sales on 2010.Though incorporated in the Cayman Islands, its corporate
headquarters are in Los Angeles, California, United States.
The
company distributes its products in 84 countries (As of July 2012) through a
network of approximately 2.7 million independent distributors, some of whom
earn profit on product sales and additional commission from a multi-level
marketing (MLM) compensation structure.
Type Public
Traded
as
NYSE:
HLF
Industry Nutrition & Skin Care
products
Founded Los Angeles, California (1980)
Founder(s) Mark Hughes
Headquarters L.A. Live
Los
Angeles, California, United States
Key
people Michael O. Johnson
(Chairman &CEO)
Des
Walsh (President)
Richard
P. Goudis (COO)
John
DeSimone (CFO)
Products Weight management, nutritional
supplements, personal care, sports nutrition.
Revenue US$3.454 billion (2011)
Operating
income
US$562.270 million (2011)
Net
income
US$412.578 million (2011)
Total
assets
US$1.446 billion (2011)
Total
equity
US$560.188 million (2011)
Employees 5,100 (31 Dec 2011)
Website www.herbalife.com
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