Amway Reports Sales of $8.8 Billion USD in 2018
On February 11th 2019 Amway announced sales of $8.8 billion USD for the year ending Dec. 31, 2018, a two percent increase over 2017 sales numbers. It was stated that growth was broad-based across many of Amway’s top markets including China, the U.S., Thailand and India, delivering an expected turnaround as the company enters its 60 th year of doing business. Amway Co-Chairman Steve Van Andel stated that“Amway’s growth in sales is a result of the sharp focus on the experience Amway Business Owners and their customers have buying, selling and using Amway products,” Amway attributes sales growth to significant investments in digital tools and mobile experiences as well as product innovations that have helped ABOs attract and retain more customers. This includes enabling more ecommerce and social selling, connecting additional products with digital experiences, and personalizing more nutrition and beauty products. The results of investments in ecommerce are...