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]
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| Type | Private |
|---|---|
| Industry | Direct selling |
| Founded | 1967 |
| Founders |
|
| Headquarters | |
Key people | Magnus Brännström (CEO) Alexander af Jochnick (Chairman) |
| Products | |
| Revenue | €1.3 billion |
Number of employees | 6000 |
| Website | oriflame |
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
- "Oriflame Cosmetics AG". www.ibm.com. Retrieved 19 October 2022.
- "Oriflame India @ 25 A Beautiful Journey". outlookindia.com. 10 December 2020.
- "Oriflame". investors.oriflame.com. Retrieved 28 February 2023.
- "CareerCenter". www.careercenter.am. Retrieved 21 August 2022.
- "Oriflame: Inspired by Nature, Powered by Science". Direct Selling News. Retrieved 18 August 2020.
- "India among top priority markets; to grow in double digits: Oriflame". The Economic Times. Retrieved 9 January 2023.
- "Oriflame India acquires manufacturing facility in Uttarakhand". The Economic Times. Retrieved 9 January 2023.
- 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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