Herbalife Rebounds From Founder's Death | Chron.com - Houston Chronicle
Herbalife Rebounds From Founder's Death | Chron.com - Houston Chronicle:
"Herbalife International thrived under founder Mark Hughes. Handsome, young and buoyed by his rags-to-riches story, Hughes built a billion-dollar business over two decades by inspiring legions of people around the world to buy and sell his nutritional supplements and other health products. But his death in 2000 from a drug and alcohol overdose sent the company reeling.
Sales lagged in the U.S., Herbalife's biggest market, as the company tried to manage without Hughes through a shuffle of top management that ultimately opted to sell the company.
Five years later, Herbalife is in the throes of a dramatic turnaround that has seen it post record sales, double its stock price and gear up to conquer what could be its largest market yet _ China."
"Herbalife International thrived under founder Mark Hughes. Handsome, young and buoyed by his rags-to-riches story, Hughes built a billion-dollar business over two decades by inspiring legions of people around the world to buy and sell his nutritional supplements and other health products. But his death in 2000 from a drug and alcohol overdose sent the company reeling.
Sales lagged in the U.S., Herbalife's biggest market, as the company tried to manage without Hughes through a shuffle of top management that ultimately opted to sell the company.
Five years later, Herbalife is in the throes of a dramatic turnaround that has seen it post record sales, double its stock price and gear up to conquer what could be its largest market yet _ China."
posted by the MLM News Desk at
6:42 PM
