Herbalife announced Michael Johnson as chairman and interim CEO, replacing John Agwunobi, about 90 minutes before it announced a 9.5% decrease in Q3 net sales to $1.3bn. Its reported net income was $82.2m, down nearly 21%.
Michael Johnson again puts off a full retirement from Herbalife Nutrition Ltd. as the nutrition, wellness and weight loss product direct seller, with its disappointing year continuing on a nearly 10% drop in net sales in its latest quarter, brings him back to the post he most recently left in 2020.
The firm on 31 October announced that Johnson was named chairman and interim CEO, replacing John Agwunobi, about 90 minutes...
Two experts examine whether melatonin, omega-3, dietary supplements, vitamins, and minerals truly benefit adults with ADHD. While some supplements show promise in supporting brain health, scientific evidence for their effectiveness in improving ADHD symptoms remains limited.
Intensified competition in the dietary supplements market and consumers squeezed by cost-of-living pressures held back sales at Dermapharm's Arkopharma subsidiary in the first half. A leadership change, along with a renewed focus on commercial excellence, is hoped by Dermapharm to turn the business around.
This HBW Insight series profiles regulatory affairs specialists working in or supporting the consumer health and beauty product industries. In this installment, we speak to Kenvue's Kevin Whelan.
The beauty giant expects organic sales growth for fiscal 2025 to range between -1% and 2%, falling well short of analyst consensus of 7.2%, reflecting the firm’s overexposure in China and Asia travel retail. A new CEO is incoming with Fabrizio Freda set to step down in June 2025.
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