Nu Skin Enterprises Inc - Company Profile
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Business Description
Nu Skin Enterprises Inc (Nu Skin) develops and distributes beauty and wellness solutions. The company sells its products through social and digital platforms.
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R&D Overview
The company’s R&D arm focuses on development of new products including next-generation skin care products and nutritional supplements to serve the needs of the customers. Its internal R&D activities include innovation of new products, improving the product quality, conducting global consumer research, quality testing, identification, and assessment of technologies for potential licensing arrangements, acquisition of technologies and joint research projects and collaborations. It operates R&D centers in Provo, Utah, and in Shanghai, China. In FY2022, the company incurred expenses of US$23.3 million on R&D, which as a percentage of revenue, stood at 2%.
Product Categories
Overview
Develop, markets, and distributes premium-quality personal care products under the Nu Skin brand. Offers products such as skin care device, cosmetics, and other personal care products. Major products include Pharmanex, ageLOC, LifePak, Galvanic Spa, TR90, Epoch, ageLOC Me, LumiSpa and ageLOC Boost.
Performance
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Performance
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Overview
Offers various products such as ageLOC Meta, LifePak nutritional supplements, ageLOC TR90 weight management system, and beauty focus collagen.
Performance
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Geographical Segments
- Americas
- EMEA
- Hong Kong/Taiwan
- Japan
- Mainland China
- Manufacturing
- Rhyz Other
- South Korea
- Southeast Asia/Pacific
Overview
Canada, Latin America and the US.
Performance
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Target Markets
Europe, Israel and South Africa.
Performance
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Target Markets
Hong Kong, Taiwan, and Macau.
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Target Markets
Indonesia, Malaysia, the Philippines, Singapore, Australia, New Zealand, the Philippines, Singapore, Thailand and Vietnam.
Performance
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