Source: Cosmetics in Russia 6/30/2007
Amway Reviews Annual Results
'Our forecast concerning the business growth in 2006 was justified. This is the confirmation of the fact that products by Amway enjoy great demand with Russian people and the opportunity to build up one's own business in the field of direct sales offered by our company is still relevant', said a representative of the company.
In 2006 Amway entered the Russian market with two new brands - Artistry (face skin care and decorative cosmetics) and Nutrilite (vitamins, minerals and bioactive additives). In future the company projects expanding the range of products and to enter the market with anti-aging products of Artistry Time Defiance line, a hair care line, Satinique and new fragrances for men and women.
Related News
-
Amway Opens New $81 Million Manufacturing Facility
DA, Mich., June 4, 2015 -- Amway today announced the opening of the first phase of its new $81 million USD nutrition manufacturing facility in Ada, Michigan, USA, near its world headquarters. The 317,000-square-foot facility will house select manufacturing operations for the company's Nutrilite bra... Read More...Amway opens new nutrition manufacturing and R&D facility in California
ADA, Mich., May 26, 2015 -- Amway today announced the opening of its new $42 million USD nutrition manufacturing and R&D facility in Buena Park, California, USA. The 60,000-square-foot manufacturing facility will house select manufacturing operations for the company's Nutrilite brand of vitamins, mi... Read More...Amway India CEO Arrested
The chairman and CEO of Amway India, William S Pinckney, was placed under arrest on Tuesday in connection with a complaint against the multilevel marketing firm.Andhra Pradesh Police said the CEO was apprehended on Monday and was brought in on a warrant. The arrest was based on a complaint allegi... Read More...Amway Reports Record Sales During 2013
ADA, Mich., Feb. 4, 2014 -- Amway today reported global sales of USD $11.8 billion for 2013, a record for the organization. The total surpasses 2012 sales of $11.3 billion and continues a period of tremendous growth, highlighted by annual sales increases in seven consecutive years. The company's an... Read More...
