Nature's Sunshine was founded in 1972 by Gene and Kristine Hughes, who started encapsulating
capsicum in their home kitchen. The company employs a
multi-level marketing business model in which their products are primarily sold to the consumer by independent distributors who receive commissions based on their own sales, as well as sign-up bonuses and commissions based upon the sales of any distributors they may have recruited. NSP also owns Synergy Worldwide, a multi-level marketing company that also sells nutritional supplements. Products for both companies are manufactured in a production and research facility located in Spanish Fork, Utah. In June 2021, Nature’s Sunshine Products, Inc. and the
David Eccles School of Business at the
University of Utah partnered together to create a new scholarship. Nature’s Sunshine Products, Inc. partnered with the Opportunity Scholars program to provide full-ride scholarships to underrepresented students who are the first in their family to attend college. Like similar multilevel marketing companies, Nature's Sunshine's business has been adversely affected by the lingering effects of the
COVID-19 pandemic, global inflation and the
Russian invasion of Ukraine. In the 4th quarter of 2022, net sales fell 13% to $103 million, as compared to the 4th quarter of 2021. According to CEO Terrence Moorehead, the company is making "strategic changes" and "redesigning processes and revamping sourcing relationships." ==SEC bribery lawsuit ==