Herbalife is going global for athletes all over the world, the most elite athletes are now using their products in order to supplement nutrition. With Herbalife, they now have an extra edge on other competitors in order to keep them fueled and focused. In the 2016 NFL Combine Prep Herbalife partnered along with them, using there nutrition products it really made them separate from other athletes, nutrition can make a huge impact in an athletes performance so with there help they have an extra edge on other athletes. if this product can help the most elite athletes perform better, imagine the endless potential it has on everyone else in the world?
Herbalife is a very well known nutrition, weight maintenance, and sports nutritional supplement. The founder of the company is Mark Hughes who founded the company in 1980, who employees and estimated 8,000 employees all around the world! Herbalife is operating in over 95 countries and has around 3.2 million independent distributors. The company has had their downfalls as well, such as being accused of pyramid scheming after Herbalife’s stock was 1 billion dollars short. Luckily, the company then decided to restructure the company and paid a $200 million dollar settlement in the year of 2016.
In 2017 there was a new CEO announced, his name Richard Goudis. Soon after he became CEO of the company there was an announcement that the company would be repurchasing $600 million dollars of its stock. Soon after that, the companies old name of Herbalife Ltd changed to Herbalife Nutrition. Along with that the company also made a statement that its shareholders had the approval for a two-for-one stock split for the company. In conclusion to this all, it seems valid that the company has been through its ups and downs just like any company will go through, but continues to strive for success in the nutrition industry.