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MLM route to market: PSMITH casts doubt on this method using AVON as an example-really? AVON has annual sales of over $8billion 5.5 million sales reps in over 100 countries. In March 2016 Cerebus paid $435 million in cash for stock taking a 17% stake-They have also bought other smallMLM companies. What about AMWAY founded in 1959 on the MLM model? current worldwide revenue $10.8billion.20,000 employees world wide 3 million sales persons worldwide.Shows MLM route to market works. Who knows w could be bought out by these big boys or we could merge or buy othercompanies. I every faith in the leadership of CW with his majority shareholding to lead the company forward.
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