Nu Skin Announces New Products at Convention
PROVO, Utah, Oct. 28, 2011 -- Nu Skin Enterprises, Inc. commenced its global convention with the announcement of new products, sales initiatives and milestones for its non-profit Foundation. In addition, the company's executive Chairman of the Board, Blake M. Roney, announced that he has accepted a three-year leadership assignment to serve as a volunteer for The Church of Jesus Christ of Latter-day Saints.
Roney will continue to serve as the executive chairman of the board through May 2012, shortly before he begins his new church assignment, and will remain involved in the company on a limited basis until his return in 2015. Steven J. Lund, the current vice chairman of the board, will become the next chairman of the board. Lund has been with the company since its infancy and previously served as its chief executive officer.
"This year's convention will go down in Nu Skin history as a truly historic event," said Steve Lund, vice chairman of the board. "We've had the opportunity to honor the distinctive leadership of Blake Roney and wish him well in his new assignment. As the company builds on the foundation of success that he has helped to establish, we see a great future ahead for the company. Much of this optimism comes from Nu Skin's ageLOC platform that is creating a super class of anti-aging products and a powerful business opportunity for the company's expanding sale force. In addition, Nu Skin's founding mission to be a 'force for good in the world' continues to be demonstrated through the generous culture of Nu Skin global family of distributors and employees."
ageLOC Anti-aging Products
At the convention, Nu Skin officially launched its latest ageLOC products, R2 nutritional supplement and Galvanic Body Spa(TM), to the more than 13,000 distributors attending convention. At the beginning of October, Nu Skin began taking orders for the new products on a limited time basis. Orders for the new products have totaled approximately $100 million, well ahead of company expectations. Nu Skin will follow-up the limited time offering with its global roll-out that will begin in the first quarter in the United States, Japan and Korea, with subsequent product introductions in Greater China and Southeast Asia in the following quarters.
Adding to the strength of the ageLOC anti-aging super class of products is the company's recent announcement of its letter of intent to acquire LifeGen Technologies. The acquisition includes substantially all of the assets of LifeGen, including its tissue bank, proprietary gene expression database, patents and intellectual property related to gene research. The acquisition of LifeGen will enhance Nu Skin's pipeline of next-generation anti-aging products for many years to come, allowing Nu Skin to provide a steady stream of innovative anti-aging solutions aimed at helping people live younger, longer.
Nu Skin Corporate Social Responsibility
On the eve of the convention, the Nu Skin Force for Good Foundation hosted a fundraising gala with approximately 700 guests in attendance. Celebrating its 15-Year Anniversary, the foundation raised approximately US$700,000. One hundred percent of donations are used for projects around the world that offer hope for children to have a life free from disease, illiteracy and poverty.
More Nu Skin Enterprises News and Articles
- Nu Skin Celebrates Global Humanitarian Efforts with 12th Annual Force For Good Day
- Nu Skin Announces Launch Of Epoch Essential Oils
- Nu Skin Shares Fall On China News Claims
- Nu Skin Receives Awards For Growth And Innovation
- Nu Skin Holds Record-Breaking Global Convention
- Nu Skin Obtains FDA Clearance of Facial Spa Device
- Nu Skin Honored as a Top Personal Care Company
- Nu Skin Celebrates 10th Annual Force For Good Day
- NU Skin Enterprises to Report Fourth Quarter and 2012 Results
- Nu Skin Enterprises Provides Update On Q4 Results
- Nu Skin Enterprises to Increase Dividend Payments
- Nu Skin Enterprises To Hold 2012 Investor Day
- Nu Skin Reports Record Third Quarter 2012 Results
- Nu Skin Enterprises Reschedules Third Quarter Earnings
- Nu Skin Enterprises To Report Third Quarter 2012 Results
- Stanford University Releases Statement Reiterating Its Relationship With Nu Skin Enterprises
- Nu Skin Receives Cease and Desist Letter from Stanford University
- Nu Skin Enterprises To Present At Canaccord Genuity 32nd Annual Growth Conference
- Nu Skin Enterprises Reports Record Second Quarter Results
- Nu Skin Enterprises to Report Second Quarter 2012 Results
- Nu Skin Enterprises to Present at Oppenheimer Consumer Conference
- Nu Skin Founder Recognized for Excellence in Corporate Social Responsibility
- Nu Skin Announces Update to Its Ageloc Product Roll Out
- Nu Skin Enterprises Announces 250 Million Increase In Share Repurchase Authorization
- Nu Skin Reports Record First Quarter Results
- Nu Skin to Report First Quarter Results
- Nu Skin Concludes Breakthrough Year for Anti Aging Research
- Nu Skin Announces Quarterly Results
- Nu Skin Begins Official Launch of ageLOC Products
- Nu Skin Named to IBT 1000 Fastest Growing Companies List
- Nu Skin Serum Named Best in New Beauty Choice Awards
- Nu Skin Enterprises Acquires LifeGen Technologies
- Nu Skin Enterprises Updates Financial Guidance
- Nu Skin Announces New Products at Convention
- Nu Skin to Acquire LifeGen Technologies
- Nu Skin Stock Up 34 Percent Year to Date
- Nu Skin Wins Excellence Award
- Nu Skin Approved For China
- Nu Skin Gives Update On Japan Court Case
- Nu Skin Presents ageLOC Science
- Personal Products Industry Crowns Nu Skin
- Nu Skin Announces Eight Percent Dividend Increase
- Nu Skin Press Release
- Nu Skin Introduces ageLOC Nutritional Product
- Nuskin To Launch Vita meal Program
- New details surface in Nu Skin theft case
- Nu Skin to Present at Growth Conference
- Nu Skin Tops Record Quarterly Results
- Nu Skin Reveals LifeGen Research
- Nu Skin Launches New Contest
- Nu Skin Enterprises Dubs New Management
- Nu Skin Board Chairman Sells off 4M Shares
- Nu Skin Engages In Secondary Stock Offering
- Nu Skin Scores Highest Margin In Personal Products Industry
- Nu Skin Will Announce 2010 Quarter 1 Results
- Nu Skin Wins 2 Awards for Community Service
- Downtrend in Nu Skin Shares
- Nu Skin Press Release
- Nu Skin Gears Up For Thailand Expansion
- Nu Skin Appoints New Scientific Advisor
- Nu Skin Introduces ageLOC
- Nu Skin in TheStreet
- Nu Skin Sets New High For Year
- Nu Skin to Hold 2009 Investor Day
- Nu Skin Raises 4Q Sales Views
- Nu Skin Operating Results
- Nu Skin Announces Research Agreement with Stanford
- Nu Skin Signs Research Agreement with Stanford
- Nu Skin Up on Unusual Rising Volume
- Nu Skin Enterprises Up 80 Percent
- NuSkin Cited in International Business Awards
- Nu Skin Reports First Quarter 2009 Results
- Nu Skin First Quarter Below Estimates
- Nu Skin to Expand Direct Sales Model in China
- Nu Skin Receives China Charity Award
- Nu Skin Forecast Below Estimates
- Nu Skin to Hold 2008 Investor Day
- Nu Skin Names President of Nu Skin Japan
- Nu Skin Using New AntiAging Technology
- Nu Skin Successful in the Philippines
- Nu Skin Unveils New Corporate Logo
- Nu Skin Expands in Key Asian Markets
- NuSkin Announces New Chief Marketing Officer
- NuSkin Announces Slate of Candidates for Board
- Nu Skin to Announce 1Q 2008 Results
- Nu Skin Earnings Down 63 Percent
- Nu Skin Hikes Quarterly Dividend
- Nu Skin Reports Fourth Quarter Results
- Nu Skin Completes 25M Stock Transaction
- Nu Skin in the Borneo Bulletin
- Nu Skin Shifts Debt to Yen
- China Opens to Nu Skin
- Nu Skin Stock Buy Back
- Nu Skin Wins China Innovation Award
- Nu Skin Enterprises to Hold Analyst Day
- Nu Skin Concludes Convention
- Nu Skin to Webcast Investor Luncheon
- Nu Skin 2007 Convention Opens in SLC
- Nu Skin Aims to Revivify
- Nu Skin Receives Social Responsibility Award
- Nu Skin Restructures N Asia Operations
- Nu Skin Honored
- Nu Skin China President Resigns
- Nu Skin Enterprises Announces Management Changes
- Nu Skin Reports 1st Quarter Profits
- Nu Skin in China
- Nu Skin Appoints New Japan President
- Nu Skin Announces Board Candidates
- Nu Skin earnings down after restructuring
- Nu Skin Earnings Down After Restructuring
- Nu Skin Shares Make Up Ground
- Nu Skin Enterprises Fourth Quarter Results
- Nu Skin in BusinessWeek online
- Nu Skin Enterprises To Begin Operations In Costa Rica
- Nu Skin wins concession in China
- Nu Skin to enter Beijing Market
- Nu Skin to pay dividend
- Nu Skin to pay stockholder dividend
- Nu Skin to pay stockholder dividend
- Nu Skin to expand for direct sales
- NuSkin Declares Dividend
- Elementary students thank Nu Skin for kits
- NuSkin Polishing Skin Refiner Gets Positive Review
- Nu Skin Malaysia Expects Modest Sales Growth
- Nu Skin to Announce 1Q 2006 Results
- Russian Direct Sales Market Expanding
- Nu Skin Settles License Suit
Nu Skin Enterprises Profile
Create a Free Nu Skin Enterprises Rep Listing