Stocks of cosmetics and personal care products companies gained 32 percent in 2013, according to market research company IBD. Leading the industry’s expansion are anti-aging products maker Nu Skin Enterprise, which gained 19 percent, and Peers Prestige Brands and Inter Parfums, both of which rose 13 percent. In the United States, the industry achieved $68.7 billion in sales and $433.4 billion globally in 2012. Sales in the US are forecast to grow 3–4 percent over the next five years to reach $81.7 billion by 2017, according to Euromonitor International. Growth in the emerging markets has made up for the slowdown in Europe, North America, and Japan, and global sales are forecast to expand around 5 percent yearly to reach $562.9 billion by 2017.
"Big On Beauty: How Cosmetics Corps Beats The Market", Investors, July 12, 2013
Responding to increased consumer demand for higher quality and safer dietary supplements, and to the proliferating global array of supplement product regulations, Herbalife has decided to vertically integrate its operations. That means a greater reliance on in-house manufacturing, and a lesser reliance on contract manufacturers. The company is building or acquiring factories here and abroad, and reorganizing its management team to better handle a vertically integrated structure. The company hopes to bring 65 percent of its manufacturing in-house by 2015, and has already invested $200 million in the transformation over the last few years.
"Herbalife’s Strategic Transformation", Nutraceuticals World, July 02, 2013
Wal-Mart Stores Inc. said it plans to open seven new Sam’s Club membership-only warehouse clubs in China in the next two to three years. Aimed at the country’s affluent families, the planned warehouse clubs are part of the U.S. retailer’s efforts to deal with the slowdown in its hypermarket business. Sam’s Club opened its first store in China in 1996 and currently has 10 stores in the country. While conventional retailers, including parent company Wal-Mart, are slowing down their expansion plans in China, Sam’s Club’s business model has been successful in the country. In the United States, there are 620 Sam’s Club stores, generating $49 billion in annual sales for the company.
"More Sam's Club stores set to open", China Daily, July 02, 2013
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China Daily, July 30, 2013
The New York Times, July 16, 2013
Jing Daily, June 25, 2013
English.news.cn, June 07, 2013
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