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Founded in 1980, Herbalife International is a company that sells weight-loss and health products through infomercials and networked marketing methods through distributorships. Distributors make money from retailing, and a residual income from their downlines' retail sales volume.
2004 has been a year of changes. Today, the company is trying to rebrand its Herbalife line with the introduction of Shapeworks. This may hurt its revenue figures and adversely affect its 2004 IPO filing price with the SEC. Some distributors are not too thrilled about the product changes, because their customer base has to be retrained and the percentage of customer reorders dropped as a result.
Herbalife:
n.
1. Impossibly omnipresent SPAM of the world.