China
Real Mushrooms To Acquire Mushroom Science
On Jan. 20, Real Mushrooms (Calgary, AB, Canada), a 100 percent organic mushroom extracts brand founded by father-son team, Jeff and Skye Chilton, announced it is acquiring the legacy brand Mushroom Science. Both companies have a long history of advocating for transparency in mushroom product labeling—including potency and proper extraction for health benefits delivery. Founded ...
Natural Products Industry Responds to Trump Tariffs
On April 2, President Donald Trump declared that “foreign trade and economic practices have created a national emergency.” His executive order imposes responsive tariffs to “strengthen the international economic position of the United States and protect American workers.” Under the order, Trump imposed a 10 percent tariff on all countries effective April 5. There will ...
ABC Names Peggy Brevoort and Morris Shriftman Trustees Emeriti
On Feb. 20, the American Botanical Council (ABC, Austin, TX) named Peggy Brevoort and Morris “Mo” Shriftman as trustees emeriti for their many years of service to the organization. Both joined the Board of Trustees in 2003 with Brevoort serving as president from 2003-2008. In 1971, Brevoort and her husband Bill created East Earth Herb, ...
Bankruptcy Court Approves Sale of GNC
Pennsylvania-based GNC Holdings Inc. received legal permission to sell itself to Chinese sponsor Harbin Pharmaceutical in bankruptcy court, despite recent resistance from U.S. political figures, according to Bloomberg. Bankruptcy Court Judge Karen Owens approved the health and wellness company’s plan to sell its assets to its largest shareholder and original bidder, Harbin Pharmaceutical Group Holding ...
NPA Asks Candidates to Take Positions on Natural Products Ahead of 2020
The Natural Products Association (NPA) is asking candidates for office in 2020 to take positions on issues that impact the health of millions of Americans who are looking for ways to stay healthy during this critical time. The questionnaire, sent to all candidates running for the U.S. House and U.S. Senate, asks candidates to take positions ...
Natural Product Retailers Adjust to COVID-19 Realities
With restaurants, grocery stores and other retailers scrambling to adapt their businesses during the COVID-19 outbreak, natural product retailers in the U.S. are also adjusting practices to meet the needs of their communities. World of Nutrition (WON) in Nampa, ID said it is remaining open during the pandemic, and is considering special hours for senior ...
“Phase One” Agreement with China Provides Some Relief to Supplement Importers
A partial trade agreement signed by the United States and China on Jan. 15, 2020, will reduce U.S.-imposed tariffs on some imported Chinese goods used by U.S. dietary supplement and food companies, but it will leave tariffs on other commodities in place, at least for the short term. The “Phase One” agreement reportedly covers many ...
Vitamin World Funds New Antioxidant Research
Vitamin World (New York) announced a new joint antioxidant research initiative with Beth Israel Deaconess Medical Center (BIDMC), a teaching hospital affiliated with Harvard Medical School. The project will focus on further exploring the nutritional and health benefits of the acai berry, a grape-like fruit native to the rainforests of South America, which is known for its ...
Trump Tariffs Will Impose Financial Burden on Supplement Industry, NPA Warns
The Trump Administration’s proposal to impose tariffs on key ingredients for nutritional supplements and vitamins will cause disproportionate economic harm to U.S. interests and increase costs for small businesses and consumers, the Natural Products Association (NPA) said in a letter to United States Trade Representative Robert E. Lighthizer. President and CEO of NPA Daniel Fabricant, ...
Kroger and Alibaba Hold Business Development Talks
Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co. (Ohio) have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said, according to report on Reuters.com. The business development talks are at an initial stage, and it ...
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