Herbalife Wins Approval for Added Direct-Selling License in China
Global nutrition company, Herbalife (NYSE: HLF), announced today that China's Ministry of Commerce has granted a license for Herbalife to conduct its direct-selling business in the province of Yunnan. The licensed area in Yunnan province covers 12 cities, including the provincial capital Kunming, and 16 districts and counties. The license is effective immediately.
Herbalife received its first direct-selling license in China in March 2007, and Yunnan marks the 25^th direct selling license for Herbalife in this important market. Herbalife China now has direct-selling licenses in 25 provinces, municipalities or autonomous regions: Shanghai, Jiangsu, Hubei, Anhui, Shangdong, Henan, Zhejiang, Sichuan, Chongqing, Fujian, Hunan, Guangdong, Jiangxi, Hainan, Guizhou, Guangxi, Liaoning, Jilin, Heilongjiang, Shaanxi, Beijing, Shanxi, Tianjin, Hebei and Yunnan.
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