Natural Swedish Cosmetics
|Type||Public (OMX: ORI SDB)|
|Founders||Jonas af Jochnick, Robert af Jochnick|
|Headquarters||Luxembourg, Sweden (with a trading branch in Fribourg, Switzerland)|
|Key people||Magnus Brännström (CEO)
Robert af Jochnick (Chairman)
|Products||Cosmetics, skincare, perfume, gifts|
Oriflame Cosmetics S.A. (Luxembourg) is a cosmetics group, founded in 1967 in Sweden by the brothers Jonas af Jochnick and Robert af Jochnick. The company sells personal care, assessories and nutritional products. As of 2007, the company reported an independent sales force of 2,242,500 people. The company uses a multi-level marketing system to compensate distributors.
Oriflame Cosmetics is an international cosmetics company, which uses multi-level marketing to sell directly to customers. The company began operations in 1967 in Sweden and today has a presence in over 60 countries worldwide. The company has over 3.5 million marketing associates worldwide with annual sales of €1.5 billion. Oriflame has been listed on NASDAQ OMX Stockholm since 2004.
- Oriflame Q2 pretax rises on strong sales growth; results above expectations
- Bhujabal, Bijay (2002). The Mega Business Quiz Book. Vision Books. p. 66.