Posts Tagged ‘Avon Products Inc’
Avon Foundation for Women Donates $100,000 to Malala Fund
Avon Products, Inc. announced that the Avon Foundation for Women is donating $100,000 to Malala Fund, a charity that champions every girl’s right to 12 years of free, safe, quality education. The donation will be channeled directly to advance education for girls in Brazil, Avon’s largest market. Breaking down the barriers holding women and girls back, to create a better…
Read MoreLuis Vázquez Appointed Avon Global Sales Leader
Avon Products, Inc. recently announced that Luis Vázquez has been appointed to lead its global sales team. Vázquez, who has extensive direct selling experience, will spearhead the company’s efforts to open up growth by driving recruitment, retention and training for the millions of Avon Representatives across the world. “I am delighted that Luis is joining Avon in…
Read MoreAvon’s Zijderveld Named Founding Member of NYSE Board Advisory Council to Advance Board Diversity
The New York Stock Exchange today announced the launch of the NYSE Board Advisory Council, which will proactively address the critical need for inclusive leadership by connecting diverse candidates with companies seeking new directors. The Council is comprised of 13 Founding Member CEOs from some of the world’s largest and most well-established brands, including Avon’s CEO Jan Zijderveld.…
Read MoreAvon Announces New Elections for Foundation Board; New General Manager
The Avon Foundation for Women today announced the elections of Amy Greene as chair and Natalie Deacon as president of the Avon Foundation Board of Directors. Greene was recently appointed vice president, Investor and Stakeholder Relations for Avon. Deacon was recently appointed executive director, Corporate Affairs and Sustainability. Working with NGOs and Avon teams across…
Read MoreAvon Becomes Founding Patron of New British Beauty Council
London-based Avon Products, Inc. announced that it has become a founding patron of the prestigious new British Beauty Council. The Council was established to represent the voices, opinions and needs of the beauty industry. It seeks to promote the huge contribution that beauty makes to the UK economy and to build beauty as a career…
Read MoreAvon Products, Inc. Down 2% for 2018
Avon Products, Inc. (NYSE: AVP) today announced its results for the fourth quarter and fiscal year ended December 31, 2018. For the fourth quarter 2018, total revenue was $1.4 billion, a decrease of 10 percent year-over-year. Active Representatives declined 6 percent. For the fiscal year 2018, total revenue was $5.57 billion, a decrease of 2…
Read MoreAvon Appoints New Chief Supply Chain Officer
Avon Products Inc. announced that Vikram Agarwal has been named senior vice president and chief supply chain officer, effective February 1, 2019. Agarwal succeeds Michael Watson, who has decided to step down to pursue other professional opportunities. The company also announced that Susan Ormiston, senior vice president of Human Resources, will be leaving this month…
Read MoreBeauty Direct Sellers Highlighted in Glossy
Glossy, a beauty blog that explores fashion and beauty through the lens of technology, recently keyed in on a few direct sellers who are taking innovative approaches to peer-to-peer selling. A recent Glossy article mentioned Beautycounter, New Avon and Avon Products Inc., all three of which have launched new initiatives in the past year to enhance the…
Read MorePublic Companies Faring Well Through First 3 Quarters of 2018
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for…
Read MoreAvon Reports 1% Increase for Q3 2018 Revenue
Avon Products, Inc. (NYSE: AVP) announced its results for the quarter ended September 30, 2018. Total reportable segment revenue in reported currency increased 1 percent to $1.4 billion. Adjusted total reportable segment revenue in constant dollars decreased 4 percent on a like-for-like basis. Active representatives and ending representatives, both from reportable segments, declined 5 percent and 6 percent, respectively. “As we said at the…
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