#Amway #MLM #DirectSelling #WilliamPinckney
Amid its run-ins with the police over direct-selling model, firm’s net profit falls 20% in FY14, revenue down 8%
Amway, India’s largest direct-selling company, despite an annual drop of 20% in net profit and 8% in turnover in 2013-14, continues to be bigger than fast-moving consumer goods (FMCG) giants like Gillette and Emami in terms of revenue. (more…)