MLM Company NuSkin Coming To Russia

Following Amway another major American cosmetics manufacturer, Nu Skin Enterprises, is coming to Russia. American company Nu Skin specializing in direct sales will start operating in Russia on April 24. Two of three company lines will be represented in Russia: Nu Skin cosmetic brand, and Pharmanex bioactive supplements. The Russian direct sales market volume makes up $ 4 bln., 90% of which fall at cosmetics. Chain retail trade is not developed in regions so direct sales replace it successfully. However, Nu Skin will face serious competition: Oriflame, Faberlic and Amway are represented in Russia.

MLM Amway hopes to increase turnover in India

Amway India, a health and beauty direct selling FMCG company, on Friday announced its plans to target a turnover of more than Rs 700 crore in Septmber-August 2006 as against Rs 633 crore in the corresponding period of last year.

Comment: MLM company Amway's plans for its business in India.