Avon Products Inc.

Key Milestones for Avon in Transformation of Supply Chain

Rob Lowndes

London-based Avon Products, Inc. recently announced key milestones in the transformation of its supply chain, fueling greater flexibility and connectivity throughout its supply chain and delivering marked improvement in service quality as well as satisfaction and retention levels for Avon Representatives. Transformation efforts thus far have included leadership appointments, digital applications and operational changes.  Leadership Appointment Avon…

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Avon Reports Q2 Revenue Down 3%

London-based Avon Products, Inc. (NYSE: AVP) today announced its results for the quarter ended June 30, 2018. Total revenue decreased 3 percent to $1.4 billion, or increased 1 percent in constant dollars, both including a benefit of approximately 4 percent due to the impact of adopting the new revenue recognition standard and both including an…

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Avon Announces Senior Management Appointments

Avon Products, Inc., the London-based beauty company, today announced the appointments of a new vice president of investor relations and a new chief digital officer. Amy Greene has been appointed vice president of investor relations, effective August 13. She brings two decades of experience as an industry analyst and as in-house investor relations executive, most recently leading…

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Avon to Launch Exclusive Fragrance Collaboration with Fashion Designer Kenzo Takada

London-based Avon Products, Inc. recently announced the upcoming launch of Avon Life Colour, its second fragrance collaboration with world-famous designer Kenzo Takada. It builds on the success of Avon Life, the first fragrance Avon created with the acclaimed designer in 2016, which broke the company’s sales records by recording the highest ever sales for a fragrance in the…

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Forecast for Global Anti-Ageing Product Market Is Promising

Direct sellers with anti-aging products can expect to see continued growth over the next six years according to a new report from ResearchAndMarkets.com. The market research store today released “Anti-Aging Product Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024,” a study on the anti-aging product market that covers analysis of the leading…

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Avon Products Inc. Appoints Seasoned Industry Executive Bill Rahn to Lead APAC

Bill Rahn

London-based Avon Products, Inc. recently announced the appointment of Bill Rahn to the position of group vice president, Asia Pacific (APAC). In this role, he will oversee the entire APAC region, leading Avon’s business across five markets—China, India, Malaysia, Philippines and Taiwan. “APAC is an attractive, high-priority region with strategic importance for Avon,” said Jan Zijderveld, chief executive officer of Avon. “I am confident that Bill’s proven track record…

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Avon Selling Last U.S. Factory

According to a recent Wall Street Journal report, Avon is selling its last U.S factory to a French cosmetics manufacturer. Citing people familiar with the plan, the WSJ reported Fareva Group will take over production at Avon’s factory in Morton Grove, Illinois. Fareva, one of the world’s leading subcontractors in the industrial & household, cosmetics and pharmaceutical fields, will…

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Public Direct Sellers: Q1 Momentum Continues

The six publicly traded direct selling companies we follow, whose stocks are listed in the U.S., Herbalife (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), began 2018 in much the same fashion as how they exited 2017. On balance, trends continue favorable. In aggregate, on an equal weighted…

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Lipstick Global Market to Exceed $17 Billion by 2023

According to ResearchAndMarkets.com’s new report “Global Lipstick Market by Product Type (Gloss, Matte & Others), By Distribution Channel (Supermarkets/Hypermarkets, Departmental/Grocery Stores, Multi Branded Retail Stores & Others), By Region, Competition Forecast & Opportunities, 2013–2023,” the global lipstick market is expected to cross $17 billion by 2023 due to the rising number of product innovations, increasing disposable income and…

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Avon Accelerates Digital Transformation Plans: Launches Shoppable Brochure

Avon Products, Inc. has announced it has reached a series of milestones in its plans to transform the digital capabilities of its Representatives and improve interactions with consumers. The London-based beauty company’s global digital platforms and experience team has launched a fully digitized, mobile-enabled, e-interactive brochure that allows Avon Representatives to connect quickly and effectively with their customers. Avon…

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