Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we […]
The global beauty and personal care products market size is anticipated to reach $716.6 billion by 2025. According to a new report by Grand View Research, there are four key factors that are expected to drive a CAGR of 5.9 percent in the market over the forecast period: Growing preference for natural and organic personal care (NOPC) products Increasing […]
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 […]
Avon Products, Inc. recently announced the appointment of as chief beauty and brand officer, effective November 1, 2018. Thompson joins Avon following a 24-year career at Diageo PLC, most recently serving as chief marketing and innovation officer for Diageo North America. At Avon, he will focus on leveraging the strength of Avon’s beauty marketing and innovation to create more agile category teams that will […]
The digital tool, built in partnership with Techkon, will deliver diagnostics regardless of ethnicity, skin tone and type using a phone camera and a unique calibration card exclusively available to Avon Representatives. Avon Products, Inc. conducted research into how mathematical-based color theory could be used to predict an individual’s make-up shade and skin-care needs and worked […]
The stocks of the six publicly traded direct selling companies we follow that are listed in the U.S., Herbalife Nutrition (HLF), Medifast (MED), Nu Skin (NUS), Tupperware (TUP), USANA (USNA) and London-based Avon Products (AVP), on balance continued their strong run in the Q2. Through the first six months of the year, our proprietary Lane […]
Avon Products, Inc. (AVP) shares rose 1.7% after the company recently announced its new growth strategy and long-term financial targets for 2021. The updated “Open Up Avon” strategy is geared at bringing Avon back on its growth trajectory by focusing on revamping the direct selling business, renovating the brand and boosting e-commerce. The Avon Products, […]
Avon Products recently announced that Dronacharya Chakraborty has been appointed General Manager, India. This is effective immediately. Mr. Chakraborty will report to Global Vice President, Asia Pacific Bill Rahn. Mr. Chakraborty’s appointment is part of Avon’s strategy to drive growth and better capture the vast opportunities in India. He brings 20 years of experience in […]
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 […]
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 […]
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 […]
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 […]