Herbalife Ltd. reported record second quarter net sales of $384.7 million, an increase of 18.7% compared to the same period of 2004. Additionally, the number of new distributor supervisors increased 13.9% versus the second quarter of 2004. The company’s high-level Presidents Team expanded to 797 members during the second quarter of 2005, up 9.6% from the second quarter of 2004. The company’s regions, the Americas, Asia Pacific, and Europe, achieved net sales growth of 43.7%, 13.6%, and 3.3%, respectively, while Japan’s net sales declined 6.3% compared to the second quarter of 2004.
The latest exclusive market research from Smithers Pira projects positive growth for the across the nonwoven wipes industry. This market can be subdivided into two major types:
Consumer wipes include b…