Natura &Co, the owner of Avon International, announced its fourth quarter and full year 2023 earnings, reporting fourth quarter net revenue of $1.3 billion, a loss of $542.2 million from Q4 2022. Full year 2023 revenue reached $5.3 billion, an 8.5% decrease from 2022.
Avon International announced a new phase in its efforts to diversify its sales model with the opening of its first franchise stores in Romania. The in-person shopping experience of a retail store will be supported by an enhanced online presence in the market as well.
Avon’s had a makeover. We’ve been doing beauty differently for over 130 years. We’re still doing that, but now we’re bolder and more modern. Like it? We do. A lot of science goes into a brand refresh. The design team behind the new visual identity shared five things about Avon’s new visual identity. It’s bolder […]