Sales: $530 million (estimated).
Key Personnel: Jeff Olson, founder and chief executive officer; Deborah K. Heisz, co-chief executive officer; Amber Olson Rourke, co-founder and chief marketing officer; Renee Olson, co-founder and chief leadership officer; Bo Short, president; Christi Clinger, chief operating officer; Eric Haynes, chief legal officer; Clare Holbrook, senior vice president, international sales and marketing; Rick Arnold, general manager, Australia, New Zealand and Singapore; Eris Ching, general manager, Hong Kong; BJ Choi, general manager, South Korea; Tomomi Kosugi, general manager, Europe; Thorsten Mueller, general manager, Europe; Adriana Sarmiento, general manager, Colombia and Mexico.
Major Products: Anti-aging skin care products sold under the Nerium AD, Age IQ and Prolistic brand names.
New Products: Prolistic Skin-Balancing Lotion with Probiotic Technology
Comments: Company executives maintain that 90% of sales come from people buying the product—not selling it.
Since the start of 2018, several regions have posted exceptional gains. In February, Nerium Australia saw a 90% increase, Nerium Mexico (+120%), and Nerium Colombia (+245%). In March, Nerium US and Nerium Hong Kong each reported a 73% increase. Also in March, Nerium Japan rose 85%, Nerium Canada (+163%) and Nerium Korea (+237%). With gains like these, it’s no wonder the company recently announced plans to expand in Switzerland.
Probiotics are making headlines in topical personal care, and Nerium is in the mix. In January the company launched Prolistic Skin-Balancing Lotion with probiotic technology, which is formulated with ProRenew Plus, its exclusive prebiotic and probiotic lysate blend.