This is up 17.6 percent over the previous year, overtaking the US that had been its largest market from its launch in 1980. The newly-launched skin care range includes facial cleansers, facial toners, facial serums and moisturizers, which are placed in the luxury range, said Ajay Khanna, the managing director of Herbalife India. He expects the ayurveda range to fetch 5 percent of the topline over the next five years. “From a revenue perspective, we are the largest for the group, overtaking China. In fact we overtook China in 2023 with sales rising by 17.6 percent to $796.6 million for the fiscal year ending December 2023.

Source: Indian Express July 03, 2024 18:18 UTC