2nd time FIFA BALLON D'OR

2nd time FIFA BALLON D'OR
Herbalife congratulates Cristiano Ronaldo; 2nd time winner of FIFA BALLON D'OR *fueled by Herbalife!

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Showing posts with label Press Release. Show all posts
Showing posts with label Press Release. Show all posts

Monday, November 23, 2015

PENGUMUMAN REVISI HARGA



Berberkatkan usaha menyebarkan falsafah Herbalife untuk mengubah kehidupan orang ramai dengan menawarkan produk nutrisi dan pengurusan berat badan yang terbaik, Herbalife Malaysia telah mengambil inisiatif untuk memberikan manfaat yang lebih kepada konsumer kami dengan mengurangkan harga sebanyak 4% hingga 8%, bagi sesetengah produk nutrisi Dalaman dan Luaran. Kami juga turut mengurangkan harga bagi produk nutrisi kegemaran ramai, iaitu Formula 1 sebanyak 10%. Ini boleh membantu konsumer menikmati produk nutrisi terbaik pada harga yang lebih rendah. Semua pesanan mulai 21 November 2015 akan dikenakan bil mengikut harga yang baharu. 




Friday, August 1, 2014

Hartford Executive Dismissed for Comments on Herbalife

Bloomberg News
William Kelly Jr., a former vice president in the directors and officers group at insurer Hartford Financial Services Group Inc.HIG -1.07%, said he was fired last week for comments he made to MoneyBeat about the insurer’s deliberations on Herbalife Ltd.HLF -6.14% as a potential client.
Last week, Mr. Kelly told MoneyBeat that Herbalife had approached Hartford about purchasing a so-called directors-and-officers insurance policy, a type of insurance that covers legal costs when board members and senior executives get sued. Mr. Kelly said Hartford had ultimately decided not to provide Herbalife with that insurance.
Mr. Kelly made these comments on the sidelines of a presentation that short seller Bill Ackman gave about Herbalife. Mr. Ackman was attempting to cast further doubts on the company’s business model.
Mr. Kelly said that Hartford terminated him two days after he made these statements. He said the company said the information he provided to MoneyBeat was in violation of Hartford’s media policy.
Shannon Lapierre, a spokesperson for Hartford, declined to comment, noting that Hartford does not comment on personnel matters.
“The Hartford takes very seriously its obligations to protect The Hartford’s business information including that related to its customers and potential customers. We have a number of policies and procedures in place that address the protection of company information,” the company said in a statement.
Herbalife is a current client of Hartford for other types of insurances, a person familiar with Herbalife said.

Thursday, July 31, 2014

Statement from Herbalife in Response to Bill Ackman's Three-Hour Presentation on Nutrition Clubs


LOS ANGELES--(BUSINESS WIRE)-- Herbalife Ltd. (NYSE:HLF) today issued the following statement in response to Bill Ackman's three-hour presentation on the Company's nutrition clubs:
Herbalife is a 34-year old nutrition company with 7,400 employees worldwide and millions of members. Today, Mr. Ackman highlighted many of the reasons we are proud of our company, our record and the value we bring to members, consumers and communities around the world. His presentation reaffirmed that:
  • Herbalife is first and foremost a company with great products that people want.
  • There are hundreds of thousands of members and millions more consumers who choose Herbalife for our products and community-based approach to health and wellness.
  • There is a comprehensive training system for members who aspire to open their own nutrition club so that they are fully informed of the time, commitment and skills required to do so.
Once again, Bill Ackman has over-promised and under-delivered on his $1 billion bet against our company. After spending $50 million, two years and tens of thousands of man-hours, Bill Ackman further demonstrated today that the facts are on our side.
We will continue to focus on our mission of bringing good nutrition and economic opportunities to communities across the globe. We recognize that he is running out of time to make good on his bad bet against Herbalife, with the equivalent of 25.7 million shares in put options that expire on January 17, 2015. Today is evidence that Bill Ackman will not succeed.
To clarify, a couple of points:
  • We are proud that our members are required to participate in training before deciding to open a nutrition club. Our training approach - sometimes referred to as a "university" - is similar to the training model that has been deployed by numerous consumer-facing companies.
  • Club 100 was a program that contained many of the best elements of nutrition clubs, including education, mentoring and fiscal responsibility. These elements are the cornerstone of our clubs today. Herbalife is proud of our members who use nutrition clubs as an important tool of social support to achieve good nutrition and a healthy active lifestyle.
  • Mr. Ackman's claim about the earnings of Herbalife nutrition clubs is completely false and fabricated. In fact, according to a recent study commission by the Company, 87.5% of nutrition club operators feel good about the money they earn and 92% want to continue with their club.
In a separate release, Herbalife today released the findings from research and analysis conducted by Walter H. A. Vandaele, Ph.D. of Navigant Economics, LLC regarding Herbalife's U.S. business operations. Dr. Vandaele, engaged by the Company to conduct this economic analysis, assessed whether Herbalife's operations appropriately are classified as a beneficial, legitimate Multi-Level Marketing ("MLM") firm.
Dr. Vandaele is an economic expert with significant experience in, among other areas, the regulation and operations of firms in the consumer goods industry. Among his many professional accomplishments, he has previously served as Economic Advisor to the Director, Bureau of Competition and as Assistant Director for Regulatory Evaluation, Bureau of Consumer Protection at the U.S. Federal Trade Commission ("FTC").
Among his numerous determinations, Dr. Vandaele concluded that, "Herbalife's U.S. business operations are consistent with the socially beneficial MLM model and inconsistent with the socially harmful pyramid scheme model."

About Herbalife Ltd.
Herbalife Ltd. (NYSE:HLF) is a global nutrition company that sells weight-management, nutrition and personal care products intended to support a healthy lifestyle.Herbalife products are sold in more than 90 countries to and through a network of independent Members. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalife's website contains a significant amount of financial and other information about the company at http://ir.Herbalife.com. The company encourages investors to visit its website from time to time, as information is updated and new information is posted.

Herbalife Ltd.
Amy Greene, 213-745-0474
SVP, Investor, Corporate and Government Relations
or
Barbara Henderson, 213-745-0517
SVP, Worldwide Corp. Communications
Source: Herbalife Ltd.
News Provided by Acquire Media

Thursday, May 8, 2014

Herbalife Comments on ABC News Report Exposing More of Bill Ackman's Undisclosed Financial Arrangements

April 24, 2014


LOS ANGELES--(BUSINESS WIRE)-- Herbalife (NYSE:HLF), a leading global nutrition company, today issued the following statement regarding a recent report fromABC News:
ABC News has revealed new information regarding Bill Ackman's, Founder and CEO of Pershing Square Capital, unprecedented $1 billion campaign to manipulate Herbalife's stock to the detriment of Herbalife's shareholders, customers and employees. Mr. Ackman's campaign, part of which was uncovered byABC News, is losing its credibility with each passing day.








The previously unreported information includes confirmation that Mr. Ackman has spent more than $20 million to date on his campaign. This includes a contractual arrangement to pay an individual up to $3.6 million over 10 years to make accusations against Herbalife, in addition to Mr. Ackman's agreement to pay the individual's legal fees and arrange his public relations efforts. Importantly, when the individual was on ABC News - an interview that Mr. Ackman's PR team helped to arrange - he failed to disclose the existence of his contract with Ackman and, in fact, the contract itself contains a confidentiality clause.








The payments are only one part of a calculated, coordinated and well-funded effort by Mr. Ackman and his agents to offer secret, undisclosed payments to individuals and organizations to bring false and misleading charges against Herbalife.








The ABC News story raises a number of important questions that Mr. Ackman should answer fully and honestly:








  • How has Mr. Ackman spent the $20 million?
  • Who else has Mr. Ackman or his team of agents and consultants made payments to, directly or indirectly, or made future contingency payment offers to?
  • Did Mr. Ackman disclose his financial inducement with these individuals when lobbying state and federal regulators and lawmakers?
Herbalife also commented:
Herbalife's ‘Gold Standard' consumer-protection rules not only meet, but in most cases exceed the standards prescribed by the Direct Selling Association (DSA), of which the Company is a long-time member in good standing.
We provide clear, accurate and timely disclosures to prospective members regarding potential income in our Statement of Average Gross Compensation. Studies have revealed that the vast majority of Herbalife members have realistic expectations of the business opportunity and the effort required to succeed at all levels.
Additionally, as noted in the ABC News report, Herbalife is explicit with its members that "products are not intended to diagnose, treat, prevent or cure any disease or medical condition, and under no circumstances should there be any statements, advertising or implications to the contrary."
Enforcement of the rules of conduct is a top priority at Herbalife, and we investigate and take all claims seriously. The Company has a compliance team of more than 300 people worldwide that monitors members' activity and enforce Herbalife's rules. Our compliance operation includes secret shoppers who investigate compliance on the ground, web-monitoring companies to track internet-based compliance and several customer feedback channels.
Herbalife remains focused on operating its business, producing the finest nutrition products, and generating strong financial results. The Company's ongoing ability to do so is further testament to the integrity of the Company's business model and the value of its product.


A copy of Mr. Ackman's agreement can be found via ABC News at: http://abcnews.go.com/images/Blotter/agreement_redacted2.pdf

About Herbalife Ltd.
Herbalife Ltd. (NYSE:HLF) is a global nutrition company that sells weight-management, nutrition and personal care products intended to support a healthy lifestyle.Herbalife products are sold in more than 90 countries to and through a network of independent members. The Company supports the Herbalife Family Foundationand its Casa Herbalife program to help bring good nutrition to children. Herbalife's website contains a significant amount of financial and other information about the company at http://ir.Herbalife.com. The company encourages investors to visit its website from time to time, as information is updated and new information is posted.
FORWARD-LOOKING STATEMENTS
Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, such as those disclosed or incorporated by reference in our filings with the Securities and Exchange Commission. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, among others, the following:
  • any collateral impact resulting from the ongoing worldwide financial environment, including the availability of liquidity to us, our customers and our suppliers or the willingness of our customers to purchase products in a difficult economic environment;
  • our relationship with, and our ability to influence the actions of, our Members;
  • improper action by our employees or Members in violation of applicable law;
  • adverse publicity associated with our products or network marketing organization, including our ability to comfort the marketplace and regulators regarding our compliance with applicable laws;
  • the outcome of inquiries from regulatory authorities;
  • changing consumer preferences and demands;
  • our reliance upon, or the loss or departure of any member of, our senior management team which could negatively impact our Member relations and operating results;
  • the competitive nature of our business;
  • regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products and network marketing program, including the direct selling market in which we operate;
  • legal challenges to our network marketing program;
  • risks associated with operating internationally and the effect of economic factors, including foreign exchange, inflation, disruptions or conflicts with our third party importers, pricing and currency devaluation risks, especially in countries such as Venezuela;
  • uncertainties relating to the application of transfer pricing, duties, value added taxes, and other tax regulations, and changes thereto;
  • uncertainties relating to interpretation and enforcement of legislation in China governing direct selling;
  • uncertainties relating to the interpretation, enforcement or amendment of legislation in India governing direct selling;
  • our inability to obtain the necessary licenses to expand our direct selling business in China;
  • adverse changes in the Chinese economy, Chinese legal system or Chinese governmental policies;
  • our dependence on increased penetration of existing markets;
  • contractual limitations on our ability to expand our business;
  • our reliance on our information technology infrastructure and outside manufacturers;
  • the sufficiency of trademarks and other intellectual property rights;
  • product concentration;
  • changes in tax laws, treaties or regulations, or their interpretation;
  • taxation relating to our Members;
  • product liability claims;
  • whether we will purchase any of our shares in the open markets or otherwise; and
  • share price volatility related to, among other things, speculative trading and certain traders shorting our common shares.
We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

Herbalife Ltd.
Barbara Henderson, 213-745-0517
SVP, Worldwide Corp. Communications
or
Amy Greene, 213-745-0474
VP, Investor Relations
Source: Herbalife Ltd.
News Provided by Acquire Media
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