Herbalife to open first product innovation centre in ‘China’s silicon valley’ next year
Herbalife Nutrition is expected to open its first product innovation centre in China by the third quarter of next year.
China 中国
Herbalife increasingly eyes Asia as growth engine of future
Herbalife’s global sales rose 15% in the third quarter. Record sales in China and the rest of Asia helped drive the result, and the company bucked recent trends in the multi-level marketing sector by posting sales increases in North America as well.
ADM expands probiotics reach with $243 million aquisition of UK manufacturer
Agricultural commodities giant Archer Daniels Midland Co. has expanded its reach into the microbiome space with the acquisition of UK-based manufacturer Probiotics International Ltd. in a cash deal worth $243.5 million (£185 million).