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Oriflame News : Oriflame India sees ‘great opportunity’ in men’s products « MLM NEWS INDIA : नेटवर्क मार्केटिंग समाचार www.MLMTimes.in

Oriflame News : Oriflame India sees ‘great opportunity’ in men’s products In June 2013, Oriflame had mentioned it is eyeing 25 pc y-o-y growth over ‘the next five years’. It was also said that you were looking to double revenue by 2016. How has that shaped up till date? 

Last year we had a higher double digit growth which is evidence of us being in line with our plans. And 2016 is when we plan to reach our Rs 1000-crore mark in sales revenue.

The company was also planning to launch certain products, including shampoo and skin care products, especially for the Indian market. Which are the products launched since June 2013, and how have they fared? What is their contribution (even as a percentage of the total) to sales?
In the Indian portfolio we have 500 products under five major product categories. Biggest category is skin care for Oriflame and especially for Oriflame India. A number of new products launched tend to fall under the colour cosmetics category simply because of the nature of the category and the receptive market it finds in India. This year we are looking at five big launches, the previous ones having been very successful.ot.. Read More... http://www.mlmtimes.in/2014/08/oriflame-news-oriflame-india-sees-great.html

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