Daytrading, Eminis, Forex trading, Swing Trading BREAKING NEWS - 480875
Miriam Liddle  |  by www.tradingmarkets.com. All rights reserved. 6.11 | 20:41

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(RTTNews) - Herbalife Ltd. ( | | | ), a nutrition direct-selling company, announced that it will begin business in Peru during December 2006, where Herbalife products are sold through a network of independent distributors. Peru will be the seventh market on this continent.

Herbalife was established in California in 1980. Four products from Herbalife's nutrition line will be available, including the company's flagship Formula 1 Nutritional Shake Mix in three flavors and Formula 3 Personalized Protein Powder. The company is expected to launch six additional new nutrition products in first quarter 2007 and its full NouriFusion skin care line in second quarter 2007.

The company also named Jaime Elkin Ackerman as managing director to oversee the day-to-day operations of the country. The company's head office will be located in the capital city of Lima. Prior to joining Herbalife, Elkin was the national sales director of Avon Ecuador.

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