Stock traders have lost confidence in Herbalife as sales slow and costs rise for the multilevel marketing giant. The company’s recent deceleration could back up the idea that inflation poses a threat the health of the supplement industry.
New York-based Balchem Corporation has signed a definitive agreement to acquire Norwegian Vitamin K2 supplier Kappa Bioscience AS for approximately US$340 million.
Multi level marketing company Nature’s Sunshine has reported flat to falling sales in all of its markets. In an earnings call, one analyst even suggested the company leave the markets in Latin America altogether.
As sustainability e-commerce platform, Denda, injects capital into its nutrition and health-focused brand, we spoke to the company’s CEO Felipe Parragué to find out more about its environmental stance and growth plans.
Health and wellness brand, GNC Holdings, announced a partnership with professional retail operator, BFG Brasil Comercial de Vitaminas LTDA, to help grow its brand awareness and reputation in Brazil.
Illinois-based Van Drunen Farms has acquired a majority stake in Santiago, Chile-headquartered SouthAm Freeze Dry, allowing for further integration of South and Central America into the Van Drunen Farms/FutureCeuticals supply chain.
Colorado Gov. Jared Polis said the state intends to maintain its lead in the hemp industry by putting the full weight of state government behind its farmers and extractors. The state has taken a lead in shipping hemp plants and seeds to some Latin American...
Legacy supplement retailer GNC recorded slightly higher profits amid a continued erosion of sales as the company struggles to resize itself to match new market realities.
French firm Charles & Alice is making its first foray into North America and markets beyond based on the benefits of a well-known probiotic: BC-30, which was developed by Ganeden, now part of Irish ingredients giant Kerry.
It’s a global industry and there’s a lot happening. We know it’s not always easy keeping up with everything that’s happening around the world. The answer? Our weekly round-up of key news from across the globe.
Chilean omega-3 concentrates manufacturer Golden Omega has acquired OmegaTri AS, the Norwegian developer of an innovative omega-3 compressible powder technology.
The dietary supplements category in Argentina has seen significant year-on-year growth since 2015 and is forecast to develop faster than Brazil and Mexico in the coming five years, according to Euromonitor International.
It’s a global industry and there’s a lot happening. We know it’s not always easy keeping up with everything that’s happening around the world. The answer? Our weekly round-up of key news from across the globe.
Supplement retail giant GNC will add an additional 20 stores to its Mexico network this year, despite some financial setbacks related to peso devaluation and import taxes, says the CEO of GNC Mexico.
Aker BioMarine, the world’s largest harvest of krill, used for krill oil supplements and feed products, has gotten even bigger with the inauguration of a new harvesting vessel.
Colombia represents one of the more attractive market opportunities for dietary supplements in Latin America because of favorable growth projections as well as familiar and fairly lenient regulations, experts say.