MLM Group Alticor Reports 2006 Sales

MLM group Alticor Inc. and its family of companies reported sales of $6.3 billion for the 2006 performance year, which ended December 31.

Sales declined slightly from $6.4 billion in 2005. Company officials attributed the dip to a period of regulatory uncertainty that chilled sales in China, the company's largest direct selling market. However, Amway (China) Co. Ltd. received its direct selling license December 1, 2006, leaving company officials optimistic that China sales will return to growth this year.