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 […]
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 […]
Avon Products, Inc., a London, U.K.-based global leader in the beauty sector, has announced its results for the quarter ended March 31, 2018. Revenue rose 5 percent to $1.4 billion; however, net loss was $21 million and the number of Avon’s active representatives fell 4 percent, the steepest decline in three years. “Avon’s first-quarter results were unsatisfactory and […]
Douglas M. Lane, CFA, is a securities analyst with more than 20 years of experience covering companies that employ the direct selling business model. He leads a boutique equity research firm, Lane Research, focusing on those companies. His website is www.laneres.com, and he can be reached at doug@laneres.com. The six publicly traded direct selling companies […]
Photo: St. Basil’s Cathedral in Red Square, Moscow, Russia Avon Products, the second-largest direct seller in the world, announced the grand opening of the first Breast Cancer Support Centre in Moscow, Russia, to provide support for women with breast cancer. The center, called Vmeste (meaning “together”), was founded by London-based Avon Products and the National […]
Grand View Research Inc., a U.S.-based market research and consulting company, released a new report stating the global organic personal-care market size is expected to reach $25.1 billion by 2025, exhibiting a 9.5 percent CAGR during the forecast period. Growing demand for organic and natural hair-care, skincare and cosmetic products is expected to augment market growth over […]
London-based Avon, the company for women, yesterday celebrated International Women’s Day with the launch of the music video “All My Girls” as part of its #Stand4Her movement, a campaign to honor and support young women to dream higher by sharing life-changing stories. Recorded in Stockholm by Swedish electro-pop duo Icona Pop—formed by Caroline Hjelt and […]
Avon Products, Inc., a London-based globally recognized leader in direct selling of beauty and related products, has reported results for the fourth quarter and fiscal year ended December 31, 2017. For the fourth quarter of 2017, total revenue was relatively unchanged at $1.6 billion. Active Representatives and Ending Representatives declined 2 percent and were relatively unchanged, respectively. […]
Avon Products Inc., the world’s largest direct selling beauty brand, has appointed Jan Zijderveld as CEO, effective immediately. Zijderveld, who succeeds Sheri McCoy, will also serve as a member of the Board of Directors. Zijderveld joins London-based Avon Products from Unilever N.V./PLC, a global leader in personal care, home and food products, where he has had a 30-year career. […]
London, U.K.-based Avon has appointed Paul Stephens as executive director of Sales for Avon U.K. His new role takes effect immediately. Stephens, who was born in Scotland, joined Avon as a division manager in the United Kingdom before progressing through roles leading the sales leadership program. He then became a regional manager, with responsibility for […]
Avon Products Inc., the London-based beauty company, reported that revenue for the first quarter of 2017 increased 2 percent to $1.3 billion.
Avon Products is on the hunt for a new general counsel and chief ethics and compliance officer.