Oriflame

Oriflame Holding AG is a Swedish multinational multi-level marketing company that sells beauty and personal care products directly to consumers online through a network of independent sellers.[1] Oriflame was founded on Jan 1, 1967 in Sweden by brothers Jonas af Jochnick and Robert af Jochnick, and their friend Bengt Hellsten.[2]

Oriflame Holding AG
TypePrivate
IndustryDirect selling
Founded1967
Founders
Headquarters
Key people
Magnus Brännström (CEO)
Alexander af Jochnick (Chairman)
Products
Revenue€1.3 billion
Number of employees
6000
Websiteoriflame.com

The head office of Oriflame is located in Schaffhausen, Switzerland, with a registered office in Stockholm, Sweden. Oriflame was traded on the Nasdaq Stockholm until being delisted on 17 July 2019.[3]

Operations

The company has approximately 6,000 employees, 1,000 products, and a turnover of over 1.3 billion Euro.[4] As of August 2020, Oriflame operates in more than 60 countries, where its beauty products are marketed by over 3 million Oriflame Brand Partners.[5]

Oriflame has two Indian manufacturing plants in Noida and Roorkee.[6][7] It also manufactures products in Russia, Poland, and China.[8]

References

  1. "Oriflame Cosmetics AG". www.ibm.com. Retrieved 19 October 2022.
  2. "Oriflame India @ 25 A Beautiful Journey". outlookindia.com. 10 December 2020.
  3. "Oriflame". investors.oriflame.com. Retrieved 28 February 2023.
  4. "CareerCenter". www.careercenter.am. Retrieved 21 August 2022.
  5. "Oriflame: Inspired by Nature, Powered by Science". Direct Selling News. Retrieved 18 August 2020.
  6. "India among top priority markets; to grow in double digits: Oriflame". The Economic Times. Retrieved 9 January 2023.
  7. "Oriflame India acquires manufacturing facility in Uttarakhand". The Economic Times. Retrieved 9 January 2023.
  8. Prance-Miles, Louise (29 April 2022). "Oriflame impacted by Russia's Ukraine invasion as Poland gas supply interrupted". Global Cosmetics News. Retrieved 9 January 2023.

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