Source: Cosmetics in Russia 6/30/2007

Amway Reviews Annual Results

A direct sales company, Amway, reviewed the results of the second year of operation in the Russian market. The sales volume of 2006 made up $200 mln, that almost doubled the last year's results. Presently the company cooperates with over 500,000 independent entrepreneurs in different regions of Russia.

"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.

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