Full Speed Ahead for Nu Skin

Avon Products may have stumbled, but Nu Skin continues to surge behind the success of its AgeLoc franchise. Since its introduction in 2009, AgeLoc has generated $1 billion in sales. Its two latest products, R-squared and Galvanic Body Spa, registered $100 million in orders when introduced as part of a limited-time offer in October.

The company is also firing on all cylinders outside the US. The company’s year-over-year growth rate is 17% in Asia. More specifically, Nu Skin’s total business in Greater China gained 66% to $110.6 million, with the number of active distributors rising 21%. Now, Nu Skin has its sights set on India and Latin America, where it currently has a small presence in Mexico, Colombia, Argentina and Venezuela.