|
Herbalife Receives Approval for Additional Direct-Selling Licenses in China! |
|
|
published by Netcoo Redaktion
|
|
Thursday, 09 July 2009 |
|
 On July 7, 2009 Herbalife Ltd., a global nutrition and direct-selling company based in Los Angeles, California, USA, announced that China's Ministry of Commerce has granted five additional licenses for the company to conduct direct-selling business in the provinces of Fujian, Shan'Xi, Sichuan, Hubei, and Shanghai. All licenses are effective immediately, except Shanghai, which will be activated after the company opens its service outlets. Additionally, the company's license for Beijing, which was granted in July 2008 with the same exception as noted above for Shanghai, is now active.
Herbalife received its first direct-selling license in China in March 2007 for the cities of Suzhou and Nanjing in the Jiangsu province. An additional license was granted in July of the same year to conduct business throughout the entire Jiangsu province. In July 2008, it received five additional licenses for the provinces of Beijing, Guangdong, Shandong, Zhejiang and Guizhou. The 11 provinces in which the company now has direct-selling licenses represent an addressable population of approximately 599 million. Herbalife currently operates 80 retail stores in 30 provinces in China. |
