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Amway Corp. (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products. [2] [3] [4] The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. [5] Amway and its sister companies under Alticor reported sales of $8.9 billion in 2019. [1]
Amway North America (formerly known as Quixtar North America) is an American worldwide multi-level marketing (MLM) company, founded 1959 in Ada, Michigan, United States. It is privately owned by the families of Richard DeVos and Jay Van Andel through Alticor which is the holding company for businesses including Amway, Amway Global, Fulton Innovation, Amway Hotel Corporation, Hatteras Yachts ...
Artistry products were manufactured at Nutrilite in California and by 1995 they were also produced at the Amway China facility. [3] Over the years, Artistry expanded their product portfolio. As of 2000, the Artistry range included over 400 products.
The FTC stated that Amway was not an illegal pyramid scheme since the Amway system is based on retail sales to consumers. Amway avoided being defined as a pyramid scheme by: not requiring an entry ("headhunting") fee; [3] making product sales a precondition to receiving the performance bonus; [4] requiring the buying back of excessive inventory ...
Headquarters in Ada, Michigan. Alticor is a privately owned American corporation run by the DeVos and Van Andel families. [5] It was established in 1999 to serve as the parent company for a handful of business ventures, most notably the multi-level marketing company Amway and Amway Global, and a manufacturing and distribution company, Access Business Group.
Nutrilite's vitamin and mineral products are distributed through a multilevel marketing structure by Amway affiliates known as Independent Business Owners (IBO) in North America and 108 other countries and territories. Nutrilite also has snacks as part of its product line.(Amway, Quixtar, and Access Group are subsidiaries of Alticor).
Market America was founded in 1992 by former Amway distributor James Howard Ridinger and his wife Loren Ridinger. [3] [4] The company is headquartered in Greensboro, North Carolina and employed over 800 employees as of 2016. [1]
5Linx; ACN Inc. AdvoCare; Ambit Energy; American Income Life Insurance Company; Amsoil; Amway [13]; Amway Global, previously known as Quixtar; Ann Summers [14]; Arbonne International; Avon Products