男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文 April 24, 2025
Business / Companies

Amway says 2014 China sales may grow 8%

(Agencies) Updated: 2014-03-31 17:05

Amway says 2014 China sales may grow 8%

A woman buys Amway products inside the company's sales showroom in Taipei, July 31, 2009. [Photo/Agencies]

BEIJING - Sales at Amway Inc, which earned about 40 percent of its total revenue in China last year, are likely to be unaffected by a recent investigation of Nu Skin Enterprises Inc and heightened scrutiny from Beijing's commercial regulator.

"We've been vigilant for 20 years," Douglas Devos, president of Amway, told Reuters last week. "Pyramids are frauds. Direct selling is not pyramids. When there's a crackdown on pyramids, that's great because it distinguishes legitimate direct selling from fraud."

Devos estimated that Amway's China sales, which amounted to $4.8 billion in 2013, will surpass $5 billion this year and grow between 6 and 8 percent.

Amway says 2014 China sales may grow 8%
Amway China reports 8% sales rise in 2013

Amway says 2014 China sales may grow 8%
SAIC fines direct-selling company, Nu Skin

Amway reported about two-thirds of its $11.8 billion global revenue last year in the Asia-Pacific region, where sales in Japan amounted to about $1.2 billion, followed by South Korea with sales of less than $1 billion.

Last week, China's State Administration of Industry & Commerce (SAIC) announced that it confiscated 3.11 million yuan ($500,600) from Nu Skin and fined the firm 250,000 yuan.

The company marketed items it was not licensed to sell and overstated the potential results from using some of its products, SAIC said in a statement. Six Nu Skin sales agents also were fined 130,000 yuan and were ordered to turnover 1.37 million yuan in illegal sales.

SAIC also is preparing to amend its regulations on direct selling and increase its supervision of the business. The new rules are expected to tighten guidelines for sales agent training.

Amway, which launched its China business in 1995, was briefly shut down in 1998 after officials voiced concern about the sales techniques and incidence of fraud at multi-level marketing firms. Amway subsequently revised its business plans and opened retail outlets as part of its operations.

"If there's ever a question about our business, they know where to find us," said Devos.

Amway last year broke ground on a $10 million botanical research center in Wuxi to investigate plants used in traditional Chinese medicine. Amway also owns a manufacturing plant in Guangzhou and R&D facilities in Shanghai and Guangzhou.

The company presently employs 9,000 workers in China and claims an active sales force of 300,000, operating in 280 cities throughout the country.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 西盟| 万安县| 昌乐县| 滨州市| 正宁县| 永平县| 邯郸县| 太原市| 新昌县| 永城市| 宁都县| 安庆市| 汾阳市| 家居| 萨嘎县| 清涧县| 大英县| 清镇市| 城口县| 普兰店市| 耒阳市| 万安县| 河北区| 丹江口市| 东乌| 西林县| 万安县| 温泉县| 翁源县| 屏南县| 手游| 蒙自县| 义马市| 涞水县| 驻马店市| 海伦市| 澎湖县| 南部县| 龙游县| 炎陵县| 崇信县|