Herbalife International (NYSE: HLF) is a global nutrition, weight-loss and skin-care company. The company was founded in 1980 and it employs around 4,000 people worldwide. Herbalife reported net sales of USD 2.7 billion in 2010[1]:48. Though incorporated in the Cayman Islands[1]:1, its corporate headquarters are in Los Angeles, US.[2]
The company distributes its products in 76 countries through a network of approximately 2.1 million independent distributors[1]:4, some of whom earn profit on product sales and additional commission from a multi-level marketing (MLM) compensation structure.