Posts Tagged ‘Avon’
Avon Products Inc. Launches stand4her
Avon Products Inc. recently launched stand4her, a global plan to tackle some of the greatest barriers holding women back from achieving their full potential. As part of the business strategy to “Open Up Avon,” stand4her aims to improve the lives of 100 million women a year by standing for: the freedom to work on…
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 MoreDirect Selling-Style Retail Expected to Thrive in UK in 2019
Retailers using a business model similar to Tupperware parties or Avon’s door-to-door selling are expected to see strong growth in the UK this year. According to a story in the Retail Gazette, an independently sourced news organization covering the UK’s diverse retail industry, the UK Direct Selling Association (DSA) said it expected to see strong growth within the…
Read MoreAvon Products, Inc. Announces Structural Reset, Reductions
London-based Avon Products, Inc. (NYSE: AVP) announced steps to simplify its operating structure, reduce product line complexity and reduce inventory holding levels. For its strategy to “Open Up” Avon, the company says it has taken decisive action over the past several months to identify and capture cost savings within existing commercial practices, supply chain operations and global…
Read MoreNick Burton Appointed Avon VP Digital Development
Avon Products, Inc. has announced the appointment of Nick Burton as vice president of Digital Development. Burton will report to Chief Digital & Information Technology Officer Benedetto Conversano and will be based in Chiswick. The appointment is effective January 28. According to the company, Burton will play a pivotal role in Avon’s transformation, driving its digital…
Read MoreAvon Launches Two-Hour Delivery Service in Brazil
Avon Products, Inc. (NYSE: AVP) announced the launch of a new partnership with Rappi, an on-demand delivery service. In the initial pilot more than 100 Avon products will be available for two-hour delivery through selected Avon Representatives to customers in São Paulo in Brazil, and Bogotá and Medellin in Colombia. The partnership with Rappi will…
Read MorePublic Direct Sellers: Growth Continues To Accelerate For The Wellness Companies
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…
Read MoreAvon Announces Support for UN’s LGBTI Standards of Conduct for Business
Avon announced its support for the United Nations Standards of Conduct for Business to tackle discrimination against lesbian, gay, bi, trans and intersex (LGBTI) people. According to the company, expressing support for the UN Standards on LGBTI is a continuation of Avon’s longstanding commitment to social progress and freedom of expression—principles that underpin its business…
Read MoreAvon Introduces Personalized Beauty App
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…
Read MoreColin Shenoy Named Avon Vice President of IT Transformation
Avon Products, Inc. recently announced the appointment of Colin Shenoy as vice president for IT Transformation, effective immediately. Shenoy will report to recently appointed Chief Digital and IT Officer Benedetto Conversano as part of the Digital and IT leadership team. His responsibilities will include designing and implementing a new digital and IT organization for Avon, executing a targeted strategy to transform the…
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