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Amway parent grows to $8.4 billion in 2009

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amwaylogoStrategic innovation, consumer focus fuel growth despite slow global economy; Alticor marks sales increase for ninth time in 10 years

ADA, Mich., (MARCH 9, 2010) /PRNewswire/ — Amway’s parent company, Alticor Inc., announced record sales of more than US$8.4 billion for the year ended Dec. 31, 2009, which was a 2.3 percent increase over 2008. Sales were negatively impacted by foreign currency fluctuations, which in local currency grew 5.9 percent.

“Our focus on using innovation to transform the Amway business is showing results,” said chairman Steve Van Andel. “The global economy challenged every business in 2009. Our continuing investment in products, technology, and connecting with consumers helped us weather the storm.”

Said president Doug DeVos: “Our distributors around the world deserve a lot of credit for persistence in a difficult economic climate. We put a lot of effort into improving our product offerings and building consumer awareness; the distributors put in the work to drive sales to our customers.”

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Amway and eSpring win GPEC Environmental Award

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Amway_-_eSpring-filterAmway's eSpring home water treatment system has been recognized by the Society of Plastics Engineers for a 2010 GPEC Environmental Stewardship Award. The awards recognize corporations and other institutions that have demonstrated environmental leadership and excellence through significant achievements in a variety of categories.

The eSpring System is an innovative water purifier that incorporates a sustainable design without sacrificing the features and benefits that consumers desire. The use of GaBi software allowed the design team to measure the effects of design and material variables so that the effect to the environment could be minimized, but still retain critical capabilities of the system. This led to a design that had less of an environmental impact than the previous design, while still providing superior water filtration capabilities, eliminating 99.9% of disease-causing bacteria and viruses and filtering out more than 140 contaminants that could affect human health. The newly redesigned eSpring unit, launching this spring in Japan, has less plastic content, uses nearly half the energy of the previous model and has reduced its global warming potential by 46 percent.

The eSpring System is an innovative water purifier that incorporates a sustainable design without sacrificing the features and benefits that consumers desire. The use of GaBi software allowed the design team to measure the effects of design and material variables so that the effect to the environment could be minimized, but still retain critical capabilities of the system. This led to a design that had less of an environmental impact than the previous design, while still providing superior water filtration capabilities, eliminating 99.9% of disease-causing bacteria and viruses and filtering out more than 140 contaminants that could affect human health.

 

 

Amway One by One Campaign for Children Reaches 6 million Children in 5 years

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Amway One by OneFebruary 12, 2009 - Now in its sixth year of operation the Amway One by One Campaign for Children impacted more than 6 million children through employees and distributors contributing 1 million employee volunteer hours and donating more than $70 million.

"In every country and every community where Amway operates, our people are meeting unique needs of children in a powerful way." says Dana Boals, Amway VP of Corporate Citizenship. "Our thanks go out to the thousands employees and distributors who have engaged with One by One and have made a difference - one precious life at a time."

The One by One Campaign for Children builds local partnerships that result in global impact. As a global business, Amway knows that different cultures have different needs. That's why they designed the One by One Campaign to provide each market with the flexibility to forge local partnerships to address issues facing children in their community.

Amway lives their corporate values empowering individuals to reach their full potential, and by focusing efforts on improving the well-being of children, Amway through its One by One Campaign is offering children the resources they need to live, achieve, learn and play - the focus areas of One by One. A few of many One by One programs include -

Live

In many countries, children lack the basic necessities for survival. But when they are cared for, their future is unlimited. In Thailand, children are given a new smile and a new hope for the future through an Operation Smile cleft palate surgery. Or in Kenya, where families will walk for miles to receive life-saving immunizations for a newborn child, funded through donations from Amway distributors across Europe in partnership with UNICEF. And in Mexico, a village of indigenous people living in the mountains receives milk for its children, and critical health care to ensure the survival of the next generation.

Achieve

Children have boundless potential, but they sometimes need help achieving their goals. When programs unlock the potential of children with unique needs – special abilities emerge. In Japan, employees and distributors work with Special Olympics to coordinate friendly competition and athletic performance among children with disabilities. In the United States, distributors raise funds for Easter Seals, which provides specialized therapy for kids. And in India, Braille textbooks that enable students to experience a world of imagination and understanding.

Learn

Education opens doors to a brighter future, and an understanding of the world around us. Whether it is academics, skills or cultural enrichment, Amway employees and distributors are helping children to learn and to grow. In China, Amway distributors teach classes in elementary schools for migrant children through Project Sunshine developed with the China Children and Youth Foundation. Young students are able to follow their dreams of becoming a doctor and a CEO through scholarships funded by Taiwanese distributors. And in Malaysia, parents and families attend workshops with their children to improve the self-esteem of their children and the closeness of their family.

Play

Children grow most through rich experience, which is often found through the simple act of play. Amway involvement helps provide the space and resources for this most basic freedom. In Korea, Amway coordinates after school activities for children who would otherwise be at home alone. In a hospital in Russia, patients escape to an Amway/UNICEF-funded playroom. And in the inner-city near Amway’s United States headquarters, children watch with excitement while 200 Amway employees construct a playground in a single day through a partnership with KaBOOM!.

About the Amway One by One Campaign for Children

The Amway One by One Campaign for Children (www.amwayonebyone.com) builds local relationships that result in global impact. Through One by One programs, Amway, its employees and distributors support hundreds of nonprofit organizations in more than 50 countries working to address the full spectrum of children's needs. Since 2003, the Amway One by One Campaign for Children has donated more than $70 million to children's causes, touching the lives of 6 million children. Our employees and Business Owners have spent over 1 million hours volunteering to make life better for children around the world.

About Amway

Amway (www.amway.com) is one of the leaders in the US$100 billion global direct-selling industry. Established in 1959 as a seller of household cleaners, Amway expanded and diversified over the years and today sees its sales led by Nutrilite food supplements, herbals and vitamins and Artistry skin care and cosmetics. Amway has helped millions of people lead better lives through consumer products, business opportunities and generous sharing with the Amway One by One Campaign for Children.

For more information please contact:

Kim Drabik, Manager - Corporate Citizenship
Amway Corporation
616-787-6414
www.amwayonebyone.com


Amway parent hits 50th year running, recording 15% sales growth

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Alticor LogoAlticor reaches $8.2 billion, powered by strong China, Europe, India performances

ADA, Mich., FEBRUARY 5, 2009—Amway’s parent company, Alticor Inc., announced record sales of more than US$8.2 billion for the year ended Dec. 31, 2008, a 15 percent increase over the $7.1 billion reported in 2007.

Two-thirds of the company’s 58 affiliates recorded sales increases in 2008, including strong growth in the China, Russia and India markets.

“Amway enters its 50th anniversary year in a strong position,” said chairman Steve Van Andel. “In 2008, more consumers than ever before responded positively to the appeal of the Amway business opportunity and our outstanding product brands.”

Said president Doug DeVos: “The hard work of our talented distributors, and the committed effort of our employees, helped Amway record a terrific year in a tough global economy. We are making changes to stay in tune with the marketplace, and the results are very encouraging.”
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Nutrilite and Asafa Powell end sponsorship agreement

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Asafa PowellAmway's Team Nutrilite has announced it has parted ways with multiple world record holder and former "World's Fastest Man", Jamaican Asafa Powell. On the Team Nutrilite blog, spokesperson Andy Gamm said about the news -

Asafa Powell has played an important role in raising brand awareness for NUTRILITE, while serving as a world-class testimonial of our products and their benefits. He has been an advocate for our company and shares our common goal to help all customers achieve optimal health.  Asafa was the cornerstone for Team Nutrilite and his presence and support much appreciated.

However, while Asafa has been a positive and engaging supporter of the NUTRILITE brand, his endorsement does not currently fit our sponsorship strategic direction going forward.

To that end, Amway Global / NUTRILITE has not renewed its endorsement with Asafa Powell. Our focus for now will be to invest in our existing Track & Field sponsorships, our relationships with Silver Medal winner Jenn Stuczynski and Gold and Bronze Medal winning Sanya Richards and continued focus on our endorsement with soccer star Ronaldinho and sponsorship of A.C. Milan.

We wish Asafa all the best in his quest to regain his title as "World's Fastest Man."

source: http://teamnutrilite.opportunityzone.com/2009/01/14/Asafa-sprints-off-into-the-sunset.aspx

Nutrilite and Interleukin Genetics win International Research Award

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Interleukin GeneticsWALTHAM, Mass., Sept. 12 /PRNewswire-FirstCall/ -- Researchers at Interleukin Genetics, Inc. , today received the 12th John M. Kinney Award for Nutrition and Metabolism at the annual Congress of the European Society of Parenteral and Enteral Nutrition, in Florence, Italy. The award was given for the paper, "Interleukin-1 genotype-selective inhibition of inflammatory mediators by a botanical: a nutrigenetics proof of concept," which was published in Nutrition: The International Journal of Applied and Basic Nutritional Sciences (2007;23:844-852).

Kenneth Kornman, Ph.D., Chief Scientific Officer at Interleukin Genetics, and the first author on the publication, commented, "We are honored to receive the 12th John M. Kinney Award for Nutrition and Metabolism. Many botanical and nutritional supplements claim to provide countless health benefits without being subjected to rigorous clinical study. Our paper reports a well- controlled clinical study has shown the value of specific nutritional products is dependent on an individual's genetic make-up."

The study, a joint research effort by scientists at Interleukin Genetics and Nutrilite, a division of Alticor Inc., is one of the few controlled clinical trials that has shown the value of specific nutritional products is dependent on an individual's genetic make-up. The data showed that a proprietary botanical supplement (Nutrilite IL1 Heart Health Supplement) could lower inflammation in individuals who tested positive for pro-inflammatory IL- 1 gene variations from Interleukin Genetics' Heart Health Genetic Test. These individuals also had elevated levels of C-reactive protein.

About Interleukin Genetics' Heart Health Genetic Test

Interleukin Genetics' Heart Health Genetic Test was developed to identify healthy individuals who are genetically predisposed to over-produce inflammation and are at an increased risk for an early first heart attack. The Heart Health Genetic Test is marketed on a non-exclusive basis through Access Business Group International LLC, a division of Alticor Inc. Interleukin Genetics recently announced an agreement with Access Business Group International that will permit the expansion of Interleukin Genetics' distribution network for such genetic tests.

About Nutrilite IL1 Heart Health Supplement

Nutrilite IL1 Heart Health Supplement, a proprietary botanical supplement, was developed to reduce inflammation in those individuals who are genetic over-producers. The Nutrilite IL1 Heart Health Supplement is currently marketed by Quixtar, Inc., a division of Alticor Inc.

About Interleukin Genetics

Interleukin Genetics, Inc. , is a genetics-focused personalized health company that develops preventive consumer products and genetic tests for sale to the emerging personalized health market. Focused on the future of health and medicine, Interleukin Genetics uses its leading genetics research and scientific capabilities to develop and test innovative preventive and therapeutic products. Interleukin Genetics currently offers an array of Nutraceuticals and OTCeuticals(R), including Ginkoba(R), Ginsana(R) and Venastat(R) which are sold at the nation's largest food, drug and mass retailers, and has commercialized genetic tests for periodontal disease risk assessment, cardiovascular risk assessment, and general nutrition assessment. Interleukin Genetics is headquartered in Waltham, MA. For more information about Interleukin Genetics, its products and ongoing programs, please visit http://www.ilgenetics.com/.

source: http://www.reuters.com/article/pressRelease/idUS101923+12-Sep-2008+PRN20080912

Artistry Creme LuXury Wins Design Award

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Artistry Creme LuXuryAmway's ARTISTRY Creme L/X (better known in Europe as Artistry Creme LuXury) packaging has won in the Skin Care Prestige category in the International Package Design Awards (IPDA) at the HBA Show in New York City on 9th September 2008.

The HBA Show is the definitive event for the cosmetic, fragrance and personal care industry.  A main feature of the HBA Show is the HBA Industry Awards, which honour captains of the industry, from company executives to creative development for their most significant contributions to the industry.

The HBA International Package Design Awards (IPDA) recognises the category leaders in design innovation from hundreds of companies and leading brands.  Packaging is judged according to criteria that discern originality, design concept, creative use of new materials, components and decorating processes, technical competency and effective brand messaging.

It is a great honour for ARTISTRY Creme LuXury to achieve the IPDA in the Skin Care Prestige category in a group that included finalists (like) the Estee Lauder Companies Inc. and Hommage Inc. Hundreds of packages vie to be named the year's Category Leader in Personal Care, Skin, Fragrance and Cosmetic packaging.

ARTISTRY Creme LuXury packaging was created by one of the foremost designers in the field, Olivier Van Doorne. His work is said to evoke an immediate visceral reaction in the consumer, while making a long-lasting image in the marketplace.  His creativity on ARTISTRY Creme LuXury packaging is sumptuous, elegant and expressive of the ultimate prestige of the product. 

Winning the IPDA in the Skin Care Prestige Category at the HBA Show demonstrates that ARTISTRY Creme LuXury has established itself as an innovative prestige product in the global beauty industry.

source: http://www.amway.co.uk/cms/newsroom?news_id=10622&back_uri=/cms/newsroom

Amway's Eva Cheng named one of the World's Most Powerful Women

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Amway's Eva ChengEva Cheng, executive vice president responsible for Amway markets in Greater China and Southeast Asia has been named as the World's 88th Most Powerful Women by Forbes Magazine. No. 1 on the list was Angela Merkel, Chancellor of Germany.

According to Forbes, their annual ranking of the most powerful women in the world measures "power" as a composite of public profile - calculated using press mentions - and financial heft. The economic component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls.  A chief executive "controls" the revenue of her business, for instance, while a head of state gets the country's gross domestic product. The raw numbers are modified to allow comparisons across financial realms. 

Eva Cheng's responsibilities encompass mainland China, Taiwan, Macau SAR, Hong Kong SAR as part of Amway Greater China and Thailand, Malaysia, Singapore, Indonesia, Brunei, and the Philippines within Amway Southeast Asia.

Before assuming additional responsibility for the Southeast Asian markets in April 2005, Cheng was best known for driving the growth and development of Amway’s business in Greater China. Amway (China) Company Ltd. (ACCL) has regularly been recognized by business magazines, surveys, and government agencies as one of China’s most admired companies and best employers.

Cheng is a graduate of the University of Hong Kong with a bachelor of arts degree with honors and a master’s of business administration degree. She began her career with Amway in 1977.

Alticor launches MyBestSize.com

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My Best SizeAlticor, parent company to Amway, Quixtar, and Nutrilite, the world's best selling nutritional brand, has launched a new website targeting consumers interested in weight loss - mybestsize.com.

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