MALAYSIA: Amway Holdings Bhd will launch new products and begin marketing promotions to increase sales this year, said managing director Low Han Kee.
The company expected demand to remain sluggish owing to the global slowdown resulting from continuing high oil prices and prevailing weak consumer sentiment, he said in a statement. Some new products will be brought in, especially for the anniversary celebration, as the company celebrates its 30th anniversary this year. Last year, Amway unveiled 14 new core line products and revisions, which contributed about 3% to total sales. Mr. Low said the company planned to add more distributors to improve sales.