Tag: Amway
Amway Appoints Milind Pant As New CEO
October 15, 2018
Direct sales giant Amway has tapped an executive from Pizza Hut to serve as its next CEO. Milind Pant, who lives in Dallas, Texas, and most recently served as president of Pizza Hut International, takes over ...
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Amway USA 15% Retail Sales Not Compliant With The FTC Business Guidance For MLM?
September 13, 2018
The FTC consider any USA company with a network marketing compensation plan and retail sales below 51% as a Pyramid Scheme and regular attack smaller companies who are not compliant with the FTC Business Guidance For MLM. In ...
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Richard DeVos Co-Founder Amway Dies At 92
September 6, 2018
Richard DeVos, who co-founded Amway and was one of the area’s biggest philanthropists, has died. Spokesperson Nick Wasmiller says Rich DeVos’ death was caused by complications from an infection, but that the icon was surrounded by ...
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Amway 2017 Sales Up 3% to $8.6 Billion
February 27, 2018
Amway has announced sales of $8.6 billion USD for the year ending Dec. 31, 2017. The company achieved sales gain in several key markets, including South Korea, Thailand and India. Total sales in the second half ...
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Amway Made China A Billion-Dollar Market Now It Faces A Crackdown
January 10, 2018
As first published in the New York Times: Feng Gang stood in front of 150 people in a conference hall in Beijing that Amway, the American marketing giant, calls its flagship experience center.’ Introduced endearingly as ...
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Amway Names Nick Thole As Chief Financial Officer
October 30, 2017
Amway, the $8.8 billion USD direct selling leader, announced the appointment of Nick Thole to the role of Chief Financial Officer. As a member of the executive team, Thole will provide broad financial oversight and will ...
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Helen DeVos, Wife Of Amway Co-founder Rich de Vos, dies At 90
October 21, 2017
Helen J. DeVos, a philanthropist from western Michigan, USA known for her support of children’s health, Christian education and the arts, has died at age 90. Her family says in a statement that she died Wednesday ...
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Amway – Not A Feasible Option For Students
September 24, 2017
The Gateway is the Online magazine of Nebraska’s university (USA) and has published the next controversial article about Amway: “It seems like more and more these days our Facebook feeds are filled with multilevel marketing. Your high ...
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DeVos Family Seeks Deregulation Of Amway So It Can Beat Herbalife
September 19, 2017
According to an article in the New York Post: Betsy DeVos’ well-connected family wants Amway to get a leg up on Herbalife — and it’s pushing Congress to make it happen. The US education secretary’s Michigan-based ...
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Amway Co-CEO Steve Van Andel Announces His Retirement
July 14, 2017
Steve Van Andel, the co-chief executive officer of direct sales giant Amway Corp., plans to retire at the end of 2018. The early announcement is intended to give the Ada-based company time to figure out who ...
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Amway Opens $2.5M Business Center In Los Angeles
May 4, 2017
In recent years, Amway has been opening dozens of brick-and-mortar locations around the globe. The pace has been slower in the company's North America market. Amway recently opened a location in the Los Angeles area, four ...
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Amway Invests $1.5 Million In Philippines
May 3, 2017
Michigan-based Amway, is strengthening its operations in the Philippines by investing an additional $1.5 million. The money will be used to upgrade facilities and infrastructure to support the market, which Amway believes has the potential ...
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