Amway

American multi-level marketing company

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December 2023 Kia bought the naming rights to the former Amway Arena, ending Amway's long-standing naming rights.
April 2022 Enforcement Directorate attached movable and immovable assets of Amway India, including their factory in Dindigul and bank accounts, under the Prevention of Money Laundering Act (PMLA).
2021 Betsy DeVos concluded her service as United States Secretary of Education.
2021 Amway launched a WeChat mini-program to continue expanding its presence in the Chinese market.
2021 India's Enforcement Directorate attached Amway's company and bank assets, labeling the company's business model a 'pyramid fraud' and its product offerings a 'masquerade'.
2019 Amway and its sister companies under Alticor reported sales of $8.9 billion, solidifying its position as the largest multi-level marketing company in the world by revenue.
2018 DeVoses supported an amendment to the US House of Representatives' omnibus Financial Services and General Government Appropriations bill that would have limited the FTC's ability to investigate potential pyramid schemes in multi-level marketing companies.
2018 A revision plea by Pinckney and Bijlani against the framed charges was dismissed by the court.
2018 Nutrition and wellness products became the largest product category, representing 52% of Amway's total sales, while beauty and personal care products accounted for 26% of total sales.
2018 Forbes ranked Amway as the 42nd-largest privately held company in the United States and named the top company on the Direct Selling News Global 100 list.
2017 A Chandigarh court framed charges under Section 420 of the Indian Penal Code against Amway India directors William Scot Pinckney and Prithvai Raj Bijlani, based on a cheating case filed in 2002.
2017 Betsy DeVos began her tenure as United States Secretary of Education under the Trump administration.
2016 Introduction of H.R. 3409, the 'Anti-Pyramid Scheme Promotion Act of 2016', which proposed to modify definitions of sales and consumer interactions in multi-level marketing businesses.
2014 Amway created a Russian loyalty card program called 'Alfa-Amway' by partnering with Alfa-Bank.
May 26 2014 Andhra Pradesh police arrested William S. Pinckney based on a consumer complaint alleging unethical money circulation. He was jailed for two months before being released on bail.
June 8 2013 Kozhikode Court lifted the freeze on Amway offices in Kerala.
May 27 2013 Kerala Police Crime Branch arrested William S. Pinckney (Managing Director & CEO of Amway India Enterprises) and two other directors on charges of running a pyramid scheme. They were granted bail the next day.
2012 The old Amway Arena was demolished.
November 2012 Economic Offences Wing of Kerala Police conducted searches at Amway offices in Kozhikode, Thrissur, and Kannur. Warehouses were closed, and products valued at 21.4 million rupees were seized. Area manager P. M. Rajkumar was arrested and remanded in judicial custody.
August 2012 Gay rights activist Fred Karger initiated a boycott of Amway to protest Doug DeVos's foundation's contribution to the National Organization for Marriage, an organization opposing same-sex marriage.
2011 Amway signed a three-year sponsorship deal to be the presenting sponsor of the National Hockey League's Detroit Red Wings.
August 6 2011 Kerala Police sealed Amway offices in multiple cities including Kozhikode, Kannur, Kochi, Kottayam, Thrissur, Kollam, and Thiruvananthapuram following complaints.
2010 The Los Angeles Sol women's soccer team folded, ending Amway's sponsorship.
2010 The new Amway Center was opened, replacing the previous Amway Arena.

This contents of the box above is based on material from the Wikipedia article Amway, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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