Steve Van Andel, Doug DeVos discuss Amway’s sales, challenges and future

by louabbott on February 5, 2009

West Michigan Business – Published February 05, 2009

Executives at Amway parent company Alticor, Inc., are cautiously optimistic about continued growth as they mark 50 years in the direct-sales business.

The privately-held Ada Township-based company had a record $8.2 billion in sales for 2008, driven by strong gains in China, Russia and India.

The performance came during a year the direct-selling giant launched a marketing blitz in the United States designed to reintroduce the Amway brand — though the campaign was not a driver of sales growth.

The company also retired the Quixtar brand, which had been used for its business in the United States and Canada for the past decade.

Alticor employs about 4,000 people in West Michigan.

Last week, the company cut 15 jobs as part of what it called normal business adjustments.

The Press sat down with Chairman Steve Van Andel and President Doug DeVos at Amway headquarters to discuss the sales performance, Amway’s challenges, the company’s 50th anniversary and its future in West Michigan.

Read the entire article at West Michigan News

Also, read our company overview: Amway Facts, News and Review

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{ 2 comments… read them below or add one }

Tarun Patel November 25, 2014 at 4:02 am Thumb up 0 Thumb down 0

I would like to discuss the possibilities of registering and opening up AMWAY in Zimbabwe. I have an IBO registered in South Africa and I am going to moving to Zimbabwe for work. I would like to find out how I go about signing up people in Zimbabwe where I have a network of over 15 000 contacts. I communicate with them every month via my personal business (“Africa Exchange”).

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Arlene Wilson-Max February 1, 2014 at 12:19 am Thumb up 0 Thumb down 0

“AMWAY’S EXPANSION INTO ZIMBABWE”

I would like to discuss the possibilities of registering and opening up AMWAY in Zimbabwe. I have an IBO registered in South Africa and I am going to moving to Zimbabwe for work. I would like to find out how I go about signing up people in Zimbabwe where I have a network of over 15 000 contacts. I communicate with them every month via my personal business (“Africa Exchange”).

I would like to find out the contact details for the correct person for me to speak to. I am very serious about this as I would like my AMWAY business to grow.

Reply

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