PROVO, Utah, March 3, 2015 /PRNewswire/ -- Nu Skin
Enterprises, Inc. (NYSE: NUS) today announced the upcoming
introduction of Epoch® Essential Oils in the United States, Canada and Latin
America. Nu Skin also plans to introduce essential oils in
China and Europe later this
year. The essential oils can be used topically or aromatically to
provide a variety of sensory and wellness experiences and
benefits.
"The essential oils category is growing rapidly, and our sales
leaders are enthusiastic for the upcoming launch," said
Truman Hunt, chief executive
officer. "Given our global footprint, we believe we are ideally
positioned to quickly grow market share as we launch specialized
essential oils into many of our international markets. We look to
differentiate ourselves in this marketplace by applying Nu Skin
scientific rigor to this category."
Initially, Epoch Essential Oils will be available in three
single oils – lavender, lemon and peppermint – and five oil blends.
Each one is uniquely designed to provide a variety of benefits
including mental alertness, relaxation and mood elevation. As part
of Nu Skin's Epoch brand, the new essential oils line includes
blends formulated with scientific insights from ethnobotany and
features natural ingredients used throughout history.
"Indigenous cultures have long known the value of botanical
substances and have used them for their healthful benefits," said
Joseph Chang, Ph.D., chief
scientific officer. "Nu Skin has partnered with one of the world's
leading ethnobotanists to bring this knowledge to our modern
lifestyle."
As part of Nu Skin's philanthropic efforts, the company intends
to donate $0.25 from each sale of
Epoch Essential Oils to the Nu Skin Force for Good Foundation,
which helps improve the lives of children by offering hope for a
life free from disease, illiteracy and poverty.
The first Epoch Essential Oils package will be available in the
Americas Region beginning April 9 and
will feature all eight of the oils, as well as a diffuser, a mini
diffuser and topical blending oil. Individual products will be
available for sale in July. For more information, please visit
nuskinusa.com.
About Nu Skin Enterprises, Inc.
Nu Skin Enterprises,
Inc. demonstrates its tradition of innovation through its
comprehensive anti-aging product portfolio, independent business
opportunity and corporate social responsibility initiatives. The
company's scientific leadership in both skin care and nutrition has
established Nu Skin as a premier anti-aging company. The company's
anti-aging products feature the new ageLOC® line of
products including ageLOC® Tru
Face® Essence Ultra firming serum, the
ageLOC® TR90® weight management and body
shaping system, ageLOC® R2 nutritional
supplement, and ageLOC® Transformation daily skin care
system. A global direct selling company, Nu Skin operates in 53
markets worldwide and is traded on the New York Stock Exchange
under the symbol "NUS." More information is available at
http://www.nuskin.com.
Please Note: This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, that represent the
company's current expectations and beliefs. All statements other
than statements of historical fact are "forward-looking statements"
for purposes of federal and state securities laws and include, but
are not limited to, statements of management's expectations
regarding the company's essential oil products, including the
introduction of such products and the products' benefits;
statements of management's expectations regarding the market size
of the essential oil product category and the company's share of
such market; statements of belief; and statements of assumptions
underlying any of the foregoing. In some cases, you can identify
these statements by forward-looking words such as "believe,"
"expect," "project," "anticipate," "estimate," "intend," "plan,"
"targets," "likely," "will," "would," "could," "may," "might," the
negative of these words and other similar words.
The forward-looking statements and related assumptions
involve risks and uncertainties that could cause actual results and
outcomes to differ materially from any forward-looking statements
or views expressed herein. These risks and uncertainties include,
but are not limited to, the following:
- any failure of current or planned initiatives or products to
generate interest among our sales force and customers and generate
sponsoring and selling activities on a sustained basis;
- risks related to accurately predicting, manufacturing,
delivering or maintaining sufficient quantities of products to
support our planned initiatives or launch strategies, and increased
risk of inventory write-offs if we over-forecast demand for a
product or change our planned initiatives or launch
strategies;
- regulatory risks associated with the company's products,
which could require the company to modify its claims or inhibit the
company's ability to import or continue selling a product in a
market if it is unable to register the product in a timely manner
under applicable regulatory requirements;
- adverse publicity related to the company's business,
products, industry or any legal actions or complaints by the
company's sales force or others; and
- continued competitive pressures in the company's
markets.
The company's financial performance and the forward-looking
statements contained herein are further qualified by a detailed
discussion of associated risks set forth in the documents filed by
the company with the Securities and Exchange Commission. The
forward-looking statements set forth the company's beliefs as of
the date that such information was first provided and the company
assumes no duty to update the forward-looking statements contained
in this release to reflect any change except as required by
law.
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SOURCE Nu Skin Enterprises, Inc.