Avon Products Inc. recently announced its inclusion in the Bloomberg Gender-Equality Index (GEI). The GEI distinguishes companies setting an example to advance women in the workplace through measurement and transparency. This is the second time Avon has been selected for the GEI, which recognizes Avon’s commitment to creating opportunities for women to earn and learn.…

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Angela Cretu has been appointed Avon Products Inc.’s CEO to drive the next phase of the company’s transformation. The appointment follows the recent transaction between Avon and Natura &Co to create the world’s fourth-largest pure-play beauty company. Cretu will be responsible for business operations outside of Latin America and for the oversight of the Avon brand globally. She brings…

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Natura &Co, Avon

Natura &Co announces that it expects to close today the acquisition of Avon Products, Inc. and appoint the new senior leadership team to drive the company’s next phase of growth. The landmark transaction creates the world’s fourth-largest pure-play beauty company. According to the company press release: This marks a major new step in building a…

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animal testing

Avon Products Inc. has ended all regulatory-required animal testing, making it the first global beauty company selling in China to stop all animal testing of ingredients and products across all its brands. Respect for animal welfare is a cornerstone of Avon’s product safety philosophy and Avon was one of the first companies to stop animal…

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Stevie Awards for Women

ARIIX, Jeunesse Global, Nu Skin Enterprises and Avon Products Inc. were among the winners at the 16th annual Stevie Awards for Women in Business. The awards, which honor women executives, entrepreneurs, employees and the companies they run, were presented Nov. 15 at a gala celebration in New York. Winners included: Grand Stevie Award (Program’s Highest Honor) Jeunesse Global, Lake Mary, FL,…

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Genetika+

Genetika+ has won Avon’s Women Startup Competition 2019. Genetika+, led by Talia Cohen Solal, has developed cutting edge technology to determine which drug to treat depression will be best suited to each patient, making treatment more effective, more quickly. The start-up from Jerusalem was crowned the winner during the final event in London, followed in…

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Luis Vázquez

Avon Products, Inc. announced that its shareholders approved the proposed acquisition of Avon by Natura &Co Holding S.A., a new holding company for Natura Cosméticos S.A. More than 75 percent of Avon’s shares outstanding, on an as-converted basis, were voted in favor of the proposal to adopt the merger agreement. “We are pleased that our shareholders have strongly supported Avon’s combination…

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Avon Beauty Awards

Avon has challenged 60 beauty and lifestyle influencers in Argentina and Chile to take part in a contest that will engage thousands of social media users. The winner of the chance will earn a once-in-a-lifetime trip to the renowned Avon Innovation Centre in New York. The contest had two phases and several challenges that must…

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Brazil's Anti-Trust Authority

CADE, Brazil’s anti-trust authority, has approved without restrictions the acquisition by Natura &Co of Avon Products, Inc. Approval by Brazil’s competition authorities is one of the key steps towards the completion of the transaction, which remains subject to the fulfillment of other conditions precedent, including antitrust approval in other applicable jurisdictions. Announced on May 22, 2019, the transaction will create…

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Avon Q3

Avon Products, Inc. announced revenue of $1.18 billion for the third quarter ended September 30, 2019, down 16 percent from $1.4 billion in Q3 2018. “We continue to execute our Open Up turnaround strategy, with productivity gains driving adjusted operating margin expansion and improved free cash flow,” said Avon CEO Jan Zijderveld. “The push and pull…

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