Multi-Level Marketing

Nu Skin says it’s likely to be fined by Chinese authorities

Nu Skin said it had temporarily suspended promotional meetings and accepting applications from prospective new sales representatives in China. Photo: Reuters

Nu Skin Enterprises said on Tuesday it would likely be fined by China’s regulators investigating whether it distributed false information and conducted illegal business in the country.

Wednesday, 19 March, 2014, 3:45pm

Ackman says he has evidence Herbalife is breaking law in China

Herbalife denies it has infringed Chinese laws. Photo: Edward Wong

US investor William Ackman has renewed his attack on Herbalife, saying he has evidence showing the nutrition and weight loss company is breaking direct-selling laws in China, its fastest-growing market.

The company said it followed local laws, and Chinese regulators have yet to comment on the matter.

13 Mar 2014 - 12:52am

Trapped to 'get rich'

A magic lamp promising health and wealth has captured the hearts of tens of thousands of mainland visitors flocking to Hong Kong on 'business inspection trips'.

11 Jul 2012 - 12:00am

BUILDING bridges

Australia has become a popular destination for incentive travel from Asia since Sydney's convention bureau established its first Asian office in Hong Kong in 2004.

6 Apr 2011 - 12:00am

Tenants flock to complex

China Hong Kong City, one of Sino Group's flagship commercial properties in Tsim Sha Tsui, continues to attract companies looking for quality office space to grow their businesses.

The integrated complex, comprising five office towers in a special gold curtain wall on the waterfront along Canton Road, provides about 860,000 sqft of grade-A office space.

24 Sep 2010 - 12:00am

Appointments

Lawrence Yu General manager, agency division MassMutual Asia

Yu will lead sales growth and recruitment strategies while implementing plans for the further development of his agency team. He began his financial-planning career in Canada before joining MassMutual Asia in 2006. He has 18 years of sales and management experience in the field.

9 Jan 2010 - 12:00am

Stretch your imagination

How does a company stage a successful Mice event? This is a question that has faced many organisers. But budget, company culture, expectations of management and staff, and quality of service means there is no magic formula.

27 Mar 2009 - 12:00am

Massive numbers involved in schemes show how vulnerable mainlanders are

In the latest pyramid scheme case to come to public notice, more than 170,000 people invested at least 1.36 billion yuan in a 'Swiss cash' fund.

The online scheme ended up luring the most victims and cheating them out of the largest amount of cash of any scheme so far, according to state media reports.

15 Sep 2007 - 12:00am

Brand story: Nu Skin

What is it?

5 Jun 2007 - 12:00am

Direct sales path smoother, but official hurdles remain

Worldwide, the direct sales industry employs 45 million people with an annual turnover of US$85 billion. The mainland sector's workforce is increasing rapidly, but government regulations will limit growth.

3 Apr 2006 - 12:00am

Amway prepares to sell door to door

Firm sees less investment in shops as direct sales ban ends

Amway (China) will slow the pace of opening new stores to concentrate on its door-to-door business after the central government announced last week that it was lifting a seven-year ban on direct sales.

7 Sep 2005 - 12:00am

Beijing allows direct selling, keeps ban on pyramid sales

After two years of bitter debate, the central government has finally published its direct-sales law - a year behind on its World Trade Organisation commitments.

The law lifts a ban in place since 1998 but retains severe penalties against pyramid schemes.

5 Sep 2005 - 12:00am

WTO deadline for opening direct sales likely to be missed

China looks likely to miss the World Trade Organisation deadline for opening up the direct-sales market to both foreign and domestic companies, state media reports say.

18 Nov 2004 - 12:00am

Campaign against pyramid selling intensifies

Draft direct-sales law to be reviewed in less than one month

China will step up controls on direct selling as the countdown begins for the first legislation on the controversial sales approach.

17 Aug 2004 - 12:00am

Avon told of permission to resume direct sales

United States cosmetics giant Avon Products has received 'verbal permission' to resume direct selling to mainland consumers after a six-year ban by the central government.

23 Jul 2004 - 12:00am

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