Market Watch:
Herbalife Ltd., a global nutrition and direct-selling company, announced that it has begun operations in Ecuador, making this the 70th country where it is doing business. This country becomes the company’s eighth market to open in its South American region, which is led by Acting Managing Director Patricio Cuesta.
A distribution center where independent distributors can pick up products will open in the first quarter of 2009 in Quito. Until then, Herbalife independent distributors in the country will be able to place orders via fax, telephone, and e-mail. Online ordering is expected to be available for product orders throughout the country by the end of this year.