Alticor history

The first full year of operations in 1960 resulted in gross sales of $500,000.

In 1962 Amway started international growth, with its expansion into Canada.

That figure doubled in each of the next two years, and in 1964 it reached $10 million.

1968 – Launch of Artistry™ Skin Care and Cosmetics brand

In July 1969 Amway’s aerosol manufacturing plant burned completely to the ground.

1971 – Amway extends the market in Australia

In 1972 the company purchased Nutrilite Products, Inc., the firm that had introduced Van Andel and De Vos to direct selling.

1973 – Amway opens the 1st market in Europe, in United Kingdom

1974 – Amway opens in Asia

In 1975 formal charges were filed against Amway.

A 1976 Harris poll of United States households found that 16% of the respondents had tried direct selling.

Three months of FTC hearings began in May 1977.

A luxury resort and hotel complex on Peter Island in the British Virgin Islands was purchased in 1978, another amenity used to motivate Amway distributors.

The '80s will be remembered for the first Billion Dollar Year at estimated retail in 1980.

Amway received in 1983 the Business in the Arts Award.

By 1984 seven of the eight children of the founders held administrative positions in the company.

Cross, Wilbur, and Gordon Olson, Commitment to Excellence: The Remarkable Amway Story, Elmsford, N.Y.: The Benjamin Company, 1986.

One MLM salesman, after working with many firms, was quoted in the June 1987 issue of Money as saying that he hoped his current firm will be the “Amway of the future.”

Perseverance and high quality goods resulted in 1988 sales of $536 million for Amway (Japan) Ltd., Amway's largest overseas subsidiary.

Amway de Mexico began in June 1990 with headquarters in Monterrey and distribution centers in Mexico City, Guadalajara, Tijuana, and Juarez.

In 1991, for example, Procter & Gamble won a $75,000 judgment from a group of Amway distributors, who were accused of spreading rumors that Procter & Gamble's products were instruments of Satan.

In the area of recycling, Amway was named Michigan Recycling Coalition's 1992 Recycler of the Year, for its onsite recycling center and recycling practices in its operations and product development.

1995 – Amway achieves the Chinese market

Sales peaked at $7 billion in 1997 before falling 18.5 percent the following year to $5.7 billion.

In September 1999, the company established a new company named Quixtar to sell consumer products on the Internet.

In 2000, Amway prepared for a new century and a new exciting era.

2005 – Amway opens in Russia

2010 – Amway opens the brand-new Amway Center in Orlando, Florida, HQ of NBA Orlando Magic and the most important events center in town

2011 – Annual sales gets over 10 billions dollars

2013 – Alticor / Amway Corp. is classified as n.

2018 – Artistry launches the new make-up line ARTISTRY STUDIO

2019 – starting from january the 2nd Milind Pant is the new Chief Executive Officer in Amway Corporation

2020 – Alticor / Amway Corp. as n.