Amway India expects health, beauty segments to revive revenue growth
Amway India on Tuesday introduced new products in its global premium beauty brand Artistry, expects a double-digit growth in the segment. The FMCG major is expecting its beauty segment to contribute around 20% to overall revenue in the next five years. Amway is also investing in its online platform, which the company believes will get up to 40 to 50% of sales.
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Direct selling companies see a spurt in jobs in tough market
The total number of direct sellers employed by these firms rose to 5.7 million in 2018-19 from 5.1 million in 2016-17.
Amazon moves Supreme Court against direct selling companies
Amazon challenging a Delhi HC order barring etailers from selling goods of direct selling cos.
Steep discounts by e-commerce platforms adversely affect sales by direct sellers: IDSA
The Delhi HC had ruled earlier week that e-commerce platforms including Amazon, Flipkart and Snapdeal cannot sell products owned by direct selling companies online without authorisation of the companies.
India could be third largest market for Amway in a decade
China tops Amway's global market with USD 2.5 billion in annual revenues, while India ranks seventh below Korea, the US, Japan, Thailand and Taiwan.
Expect India to be huge growth driver: Amway
The company also aims a sustained double-digit growth in the next five years in India, a market which it is expecting to break into its top-five global markets in the mid to long term.
Amway enters herbals space
The company, which makes and sells Nutrilite health supplements, Artistry make-up and Satinique shampoo, has extended its home-grown Attitude brand to the herbals beauty-care space.
Amway India forays into herbal oral care market
To mark the entry into the herbal oral care market which is valued at Rs 1,980 crore, the company recently unveiled Glister Herbals toothpaste in the domestic market, a company statement said.
Amway India enters herbal skincare space
The company, which manufactures and sells Nutrilite health supplements, Artistry make-up and Satinique shampoo, has extended its homegrown Attitude brand to the herbal beauty-care space.
Amway appoints Milind Pant as CEO
The $8.6-billion Amway, the world’s largest direct selling company, has always been family-run by its founderpromoters since its debut in 1959, and is based in Ada, Michigan.
Cognizant implements deal with Amway India
The company has said it expects Asia-Pacific to contribute $1 billion in revenue in the next few years and was looking at India as part of that expansion strategy.
Amway bets big on India for herbal personal care before going global
The launch of Attitude Be Bright Herbals follows the launch of Nutrilite Traditional Herbs range earlier this year, marking Amway’s entry into the herbal nutrition segment.
Amway takes Flipkart to court for ‘illegally’ selling its goods
Flipkart contradicts the rule that ecomm cos must seek permission from direct-selling cos to list products online
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