Its much larger peer, Avon Products Inc., has stumbled recently, but Nu Skin Enterprises Inc. has quietly figured out how to make the direct-selling model fire on all cylinders: Offer its global sales force premium-priced products to sell.
Nu Skin’s flagship skin care range, AgeLoc, sells for between $50 to $450 for a monthly regimen, and the brand has underpinned much of the company’s growth since its inception three years ago. Deutsche Bank analyst Bill Schmitz called AgeLoc a “game-changer,” and with good reason.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"