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Herbalife’s China Growth Plan Includes Expediting Business Licensing, Tighter Hiring Standards

 
• By Malcolm Spicer

Four-point China initiative also includes implementing sales strategy already a fixture in other regions, nutrition clubs with daily meetings. China's April-June results compelled firm to lower earnings forecast.

• Source: Alamy

Herbalife Nutrition Ltd. includes facilitating sales licenses for distributors as part of overhauling its business in China to move the market from being its only one with slower sales in the second quarter to be the “significant growth opportunity long term” the firm expects.

A four-point initiative the sports, nutrition and wellness product direct seller’s executives have laid out for China also includes implementing a sales strategy already a fixture in its other regions, nutrition clubs with representatives offering as frequent as daily meetings

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