Nu Skin Enterprises
Nu Skin looks for OEM manufacturer in SE Asia
The US direct-sales company Nu Skin Enterprises is looking for a third-party manufacturer in Thailand to produce its skin- and healthcare products for Asian markets.
Currently, all Nu Skin products are imported from the US. The new business strategy aims to cash in on the emergence of the ASEAN Economic Community (AEC) in 2015. The AEC will help Nu Skin move products more easily around the region with a sound financial sense when any new product is launched.
US's Nu Skin to tap China's anti-aging cosmetics market
Beauty and personal care producer Nu Skin Enterprises, one of the major direct selling companies, is forging ahead with its biggest overseas investment to tap the potentially huge opportunity in China's anti-aging cosmetics market.
The company, based in Utah in the United States, plans to invest over CNY300 million (USD47.28m) in its China headquarters in Fengxian District in Shanghai. It will be the company's first overseas regional headquarters for operation, research and development, and manufacturing activities, which is due to open in 2013.
