Source: NDTV.com 7/9/2007

Amway Reviews Practices Worldwide

Direct sales company Amway says it is conducting a review of its practices worldwide and has sped up a planned reorganization of its operations after British regulators filed a complaint against the company.

"A sealed complaint was filed against Amway in Britain following a yearlong investigation. The country's Department of Trade and Industry declined to comment and details of the complaint were not released," The Grand Rapids Press reported on Sunday.

Amway said it has placed a 120-day moratorium on recruitment of new distributors in Britain and a ban on sales of motivational tapes and literature not produced by the company.

"This makes very clear we are deadly serious about establishing a new way to promote the Amway business," Mike Mohr, general counsel for direct-sales giant Alticor Inc, Amway's parent stated.

Amway hopes to convince the British government that changes have been made before a court takes up the issue.

View Amway Review

Related News

  • Amway Opens New $81 Million Manufacturing Facility
    DA, Mich., June 4, 2015 -- Amway today announced the opening of the first phase of its new $81 million USD nutrition manufacturing facility in Ada, Michigan, USA, near its world headquarters. The 317,000-square-foot facility will house select manufacturing operations for the company's Nutrilite bra...  Read More...
  • Amway opens new nutrition manufacturing and R&D facility in California
    ADA, Mich., May 26, 2015 -- Amway today announced the opening of its new $42 million USD nutrition manufacturing and R&D facility in Buena Park, California, USA. The 60,000-square-foot manufacturing facility will house select manufacturing operations for the company's Nutrilite brand of vitamins, mi...  Read More...
  • Amway India CEO Arrested
    The chairman and CEO of Amway India, William S Pinckney, was placed under arrest on Tuesday in connection with a complaint against the multilevel marketing firm.Andhra Pradesh Police said the CEO was apprehended on Monday and was brought in on a warrant. The arrest was based on a complaint allegi...  Read More...
  • Amway Reports Record Sales During 2013
    ADA, Mich., Feb. 4, 2014 -- Amway today reported global sales of USD $11.8 billion for 2013, a record for the organization. The total surpasses 2012 sales of $11.3 billion and continues a period of tremendous growth, highlighted by annual sales increases in seven consecutive years. The company's an...  Read More...

 

Amway News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed