ADA, Mi. – Quixtar, the online business site for Alticor, reported Wednesday that its sales fell slightly in 2007, but remained above the $1 billion-mark for the fifth consecutive year.
But the company did not provide any further financial guidance on the exact sales figure for Quixtar or net income.
Quixtar in North America will gradually transition to the Amway name by 2009.
Alticor and its subsidiaries, including Quixtar, reported record sales of more than $7.1 billion for the year ended Dec. 31, a 12-percent increase over the $6.3 billion recorded in 2006.
The Quixtar.Com site was substantially revised in 2007, allowing
easier and simpler navigation and offering more product information to
consumers. Training and support to Independent Business Owners
(IBOs) is bolstered by the launch of Quixtar University, which will provide
IBOs with Web-based sales and brand training.
Quixtar.com was again ranked No. 1 in online health and beauty sales –
the fourth consecutive year – by Internet Retailer’s Top 500 Guide.
“This year we have already made significant strides toward
making this a better business opportunity for more people,? Alticor President Doug DeVos
?We are working with our sales force toward a stronger and more competitive future. In 2007, we have made unprecedented investments in the business to help people become more profitable sooner, and we are willing to take measured risks to bring about the business we know we can become.”
For more information, click on Quixtar.Com
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