Herbalife
Stock price: HLF (NYSE)US$ 62.40+0.80 (+1.30%)
8 Nov 4:04 pm EST - Disclaimer
8 Nov 4:04 pm EST - Disclaimer
Founded: February 1980, Los Angeles, California, United States
Monday, 11 November 2013
Friday, 11 October 2013
History of HERBALIFE
We are a global nutrition company that has helped people pursue a healthy, active life since 1980. Our nutrition, weight-management and personal care products are available exclusively through dedicated independent Distributors in more than 80 countries.
We support the Herbalife Family Foundation (HFF) and its Casa Herbalife program to help bring good nutrition to children in need. We also sponsor world-class athletes, teams and events around the globe, including the LA Galaxy and FC Barcelona soccer clubs, as well as champions in more than 15 other sports.
Our Mission is to change people’s lives by providing the best business opportunity in direct selling and the best nutrition and weight-management products in the world.
History
  | |
| 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$ 4.072 billion (2012) |
| Operating income | US$ 661.447 million (2012) |
| Net income | US$ 477.190 million (2012) |
| Total assets | US$ 1.703 billion (2012) |
| Total equity |  US$ 420.755 million (2012) |
| Employees | 6,200 (31 Dec 2012 |
| Website | www.herbalife.com |
Our Founder
“Introducing balanced nutrition to millions of
people in the world is a dream come true for me.”
— Mark Hughes
Mark Hughes passed away in 2000, but his vision for changing people’s lives – helping
people manage their weight, regain their health and find financial prosperity – continues to thrive. Today, approximately 2.3 million Herbalife Independent Distributors in more than 75 countries are making their dreams of a healthier life and financial independence come true.
“You can’t stop a good idea from taking hold and spreading.”
The extraordinary vision and commitment that inspired Mark Hughes to found Herbalife began when he was a young man. In 1980, Mark launched Herbalife by working as the first Distributor selling the nutritional products.As more and more people tried the products and experienced positive results, the business quickly expanded. Mark developed a network of Distributors who shared his vision, were passionate about the products and excited about the business opportunity.
“Through your efforts, people are discovering new worlds of opportunity and an eternal hope for the future.”
Speak with people who met Mark and they will tell you how he motivated them to commit themselves to reach greater heights personally and professionally. He inspired people from all walks of life through his faith in people’s ability to change lives, starting with their own. Mark believed that one person can truly make a difference and that difference is a healthier world.
“I am convinced the future will be brilliant beyond compare.”
In honor of Mark’s pioneering work in weight management and nutrition, Herbalife helped
establish the Mark Hughes Cellular & Molecular Nutrition Laboratory at UCLA in 2003, dedicated to nutrition research.
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