Founded in 1967 by two brothers and their friend, Oriflame is now an international beauty company selling direct in more than 60 countries worldwide. Its wide portfolio of Swedish natural, innovative beauty products are marketed through a sales force of approximately 3.6 million independent consultants that are marketing our products around the globe.
Oriflame offers the leading business opportunity for people who want to start making money from day one and work towards fulfilling their personal dreams and ambitions through its unique business concept - Make Money Today and Fulfill Your Dreams Tomorrow.
Respect for people and nature underlie the company’s operating principles and are reflected in its social and environmental policies. Oriflame supports numerous charities worldwide and is a Co-founder of the World Childhood Foundation. Oriflame Cosmetics is listed on the Nasdaq OMX Nordic Exchange.
- POOJA PATEL (1240)
Brief facts
• 1.5 billion Euros in annual sales
• Approximately 3.6 million Consultants
• 7900 employees
• A product range of approximately 1000 products.
• Co-founder of World Childhood Foundation.
• Global R&D centre with more than 100 scientists
• 5 own production units in Sweden, Poland, China, Russia and India
• Listed on the Nasdaq OMX Exchange since March 2004
• Operations in more than 60 countries of which 11 franchisees
LIST OF COUNTRIES IN WHICH IT DEALS
Competitors
In BRAZIL - Avon & Mary Kay
Oriflame, whose products are marketed by 3.5 million representatives selling from their homes, gets about 55 percent of its revenue from former Soviet republics. To compete with larger rivals, such as Avon and Mary Kay Inc., Oriflame also wants to expand into new markets in Asia. Malaysia, Laos and Cambodia will likely be added in the next five years,
In Russia - AVON
That’s just what Swedish cosmetics giant