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Oriflame Chairman Increases Stake in Company

Robert af Jochnick acquires 80,000 shares.

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By: TOM BRANNA

Editor

Oriflame’s chairman Robert af Jochnick has acquired 80,000 shares in Oriflame Cosmetics S.A.. With the additional shares he has approximately 5.5% of the votes and capital in the direct seller. Oriflame Cosmetics is an international beauty company selling direct. The company began operations in 1967 in Sweden and has today a presence in over 60 countries worldwide. To-date Oriflame has over 3.5 million consultants worldwide with annual sales of €1.5 billion....

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