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Thursday, 23 February 2012 07:19

Alticor reports sales of $10.9B for 2011

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ADA — Amway parent company, Alticor Inc., announced global sales exceeding $10.9 billion for the year ended Dec. 31, 2011.

The results represent 17 percent growth over 2010 annual sales of $9.2 billion. This is the sixth consecutive year of growth for the company, which has posted sales increases 11 out of the past 12 years.

The company reported:

  • Nutrilite sales approaching $4.7 billion for the year.
  • Beauty and personal care products generated nearly $2.8 billion in sales last year, driven by the ARTISTRY brand.
  • Home product sales were at $2.2 billion.
  • Sales of products that do not fall into the nutrition, beauty or home categories were $600 million.

Nine of the top 10 markets for Amway, including China, India, Korea, Malaysia, Russia, Thailand, Taiwan, Ukraine and the United States, reported strong sales increases. Japan recorded flat sales in the difficult period following the March 11, 2011 earthquake and tsunami. Markets posting double-digit increases in 2011 include China, India, Korea, Taiwan, Turkey and Vietnam, plus the Latin American region.

Read 1702 times Last modified on Sunday, 12 August 2012 14:53

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