Global leader makes flying visit to New Zealand
As the world reels from a global economic crisis resulting from questionable businesses decisions and structures, at
least one international company is going from strength to strength - based on strong ethics and a "family first" focus.
Amway, one of the world's largest direct-selling companies, is celebrating its 50th anniversary, and its president, Doug
DeVos is visiting New Zealand as part of the company's celebration of the milestone.
Amway has come a long way from its humble beginnings. Established in 1959 in Michigan by life-long friends and business
partners Rich DeVos and Jay Van Andel, the company's first year sales equivalent to NZ$831,400 were based on a single
household cleaner. Still privately owned today, Amway is run by the founders' sons. Doug DeVos, youngest son of Rich
DeVos, has been Amway president since 2002, while Steve Van Andel, the oldest son of Jay Van Andel, succeeded his father
as chairman in 1995.
Today, Amway is present in some 80 counties and territories and sells more than 450 products primarily focused on
health, wellness and beauty as well as home care. Its flagship brands Nutrilite (vitamin and food supplements) and
Artistry (skin care products and cosmetics) account for more than 60 percent of worldwide sales. In 2007 its global
sales topped $7.1 billion and the company predicts another $1 billion increase this year. Its fastest growing markets
have been Ukraine, India, Russia and China and a number of other markets have recorded double digit increases.
While the company's global growth has been impressive, New Zealand/Australia sales have been stable but flat, with New
Zealand turnover standing at $20 million a year.
"Australia and New Zealand are very important markets for us," says Amway president, Doug DeVos. "We are taking a hard
look at what we can do now to get all markets up and moving again. We are determined to reach a wider audience,
specifically generation X and Y, and share with them the sense of achievement from growing their own business and
reaping the rewards while teaching them business and selling skills. We are challenging ourselves to be more innovative,
creative and responsive to the needs of the consumers, including the Gen Y and Xers and to gain ground in today's
competitive environment."
While strategic business growth and long term business health is of paramount importance to Amway owners, growth at all
costs is not what Doug DeVos and chairman Steve Van Andel have in mind. Both are committed to ethical and responsible
management of the multi-billion-dollar company's daily operations, and believe ethical business practices are more
crucial than ever in surviving, and even growing, during turbulent times.
In New Zealand one of Amway's major new initiatives is developing programmes that merge innovation with business ethics
in a soon-to-be-launched training programme that targets Gen X and Y salespeople and ensures that ethical business
practices are rewarded
DeVos will be visiting New Zealand on January 20. Media are invited to a light lunch and media conference from
12.30pm-1.15pm, Tuesday January 20, at the Langham Hotel in central Auckland. To confirm attendance, please phone Goode
PR on 480 9948 by 5pm on January 16.
About Amway:
Amway Corporation was founded in 1959 in Ada, Michigan, USA. Amway is one of the largest direct-selling companies in the
world, specialising in the manufacture and sale of high-quality products for beauty and health, and for household use.
More than 3 million Independent Business Owners (Entrepreneurs) and marketing representatives the world over are
delivering Amway products to consumers. The company is operating in more than 80 countries and regions. In fiscal year
2007 Amway sales volume was US$7.1 billion.
Amway Australia/NZ
Amway Australia opened in 1971 as Amway's first oversees market. There are now 100,000 Amway independent business owners
in New Zealand and Australia.
ENDS