07.01.21
Lehi, UT
www.youngliving.com
Sales: $1.7 billion (estimated) estimated for essential oils, home and personal care products
Corporate sales: $2.2 billion
Key Personnel
Mary Young, co-founder and chief executive officer; Joe Cannon, president; Prasad Gankanda, chief operating officer; Kelly Case, chief of staff; Melissa Bishop, chief financial officer; Brant Bishop, chief legal officer; Gabriel Sanchez, president, the Americas; Tai Tolman, president, international; Gene Schrecengost, chief human resources officer
Major Products
Essential oils, home care products, personal care products, OTC products and color cosmetics
New Products
CBD Beauty Boost, Dream Catcher bath bomb, Drops of Joy Diffuser earrings, Winter Nights foaming hand soap, Haven ceramic diffuser, Holiday foaming hand soap collection, Holiday Kisses lip balm set, Make It Happen collection, Once Upon a Farm collection, Premium Starter Kit CBD standard, Purification in Progress laundry bag collection, Snowy the Owl Diffuser, Thieves laundry caddy collection, To the Rescue collection, Very Merry Vanillamint collection, Winter Nights hand lotion
Comments: Corporate sales jumped nearly 16% to a record $2.2 billion. The COVID-19 pandemic has consumers thinking wellness, and that bodes well for Young Living.
The pandemic has driven a greater level of awareness and understanding of personal wellness and heightened the importance of self-care and mental health, according to a recent survey conducted by Young Living in which 5,000 adults from around the world were asked about their wellness habits.
The survey found that more than half (57%) of global participants report they place more emphasis on taking care of their mental health since the COVID-19 pandemic began. Furthermore, 53% of participants report they’ve developed new wellness habits during the pandemic; 42% of participants resolved to set aside more time for their personal wellness in 2021; and 36% want to maintain the wellness habits they established during 2020.
The survey also revealed that stress is a huge barrier to happiness, affecting participants’ daily lives, jobs and more. And with typical outlets for stress relief unavailable due to the pandemic, the survey revealed that more individuals conceptualize wellness as a component of mental health now than they did before the pandemic. For example, 48% of participants stated they are stressed on a typical day, and 5% are so overwhelmed they almost can’t function; 73% of participants spend less than an hour a day engaging in wellness practices; and 28% of women who responded didn’t take any days off work in 2020, compared to only 23% men. Also in the US, 23% of women who responded report they feel guilty spending time on themselves, compared to 11% of men. The reason most participants cited for not spending more time on wellness right now are COVID-19 restrictions. This is a particularly high factor in the UK (47%), Brazil (47%) and Indonesia (42%).
www.youngliving.com
Sales: $1.7 billion (estimated) estimated for essential oils, home and personal care products
Corporate sales: $2.2 billion
Key Personnel
Mary Young, co-founder and chief executive officer; Joe Cannon, president; Prasad Gankanda, chief operating officer; Kelly Case, chief of staff; Melissa Bishop, chief financial officer; Brant Bishop, chief legal officer; Gabriel Sanchez, president, the Americas; Tai Tolman, president, international; Gene Schrecengost, chief human resources officer
Major Products
Essential oils, home care products, personal care products, OTC products and color cosmetics
New Products
CBD Beauty Boost, Dream Catcher bath bomb, Drops of Joy Diffuser earrings, Winter Nights foaming hand soap, Haven ceramic diffuser, Holiday foaming hand soap collection, Holiday Kisses lip balm set, Make It Happen collection, Once Upon a Farm collection, Premium Starter Kit CBD standard, Purification in Progress laundry bag collection, Snowy the Owl Diffuser, Thieves laundry caddy collection, To the Rescue collection, Very Merry Vanillamint collection, Winter Nights hand lotion
Comments: Corporate sales jumped nearly 16% to a record $2.2 billion. The COVID-19 pandemic has consumers thinking wellness, and that bodes well for Young Living.
The pandemic has driven a greater level of awareness and understanding of personal wellness and heightened the importance of self-care and mental health, according to a recent survey conducted by Young Living in which 5,000 adults from around the world were asked about their wellness habits.
The survey found that more than half (57%) of global participants report they place more emphasis on taking care of their mental health since the COVID-19 pandemic began. Furthermore, 53% of participants report they’ve developed new wellness habits during the pandemic; 42% of participants resolved to set aside more time for their personal wellness in 2021; and 36% want to maintain the wellness habits they established during 2020.
The survey also revealed that stress is a huge barrier to happiness, affecting participants’ daily lives, jobs and more. And with typical outlets for stress relief unavailable due to the pandemic, the survey revealed that more individuals conceptualize wellness as a component of mental health now than they did before the pandemic. For example, 48% of participants stated they are stressed on a typical day, and 5% are so overwhelmed they almost can’t function; 73% of participants spend less than an hour a day engaging in wellness practices; and 28% of women who responded didn’t take any days off work in 2020, compared to only 23% men. Also in the US, 23% of women who responded report they feel guilty spending time on themselves, compared to 11% of men. The reason most participants cited for not spending more time on wellness right now are COVID-19 restrictions. This is a particularly high factor in the UK (47%), Brazil (47%) and Indonesia (42%).