Photo: Avon Representatives recording the “Make it Happen: Powered by Avon” podcast series. Pictured from left to right: Linda Montavo, Avon Representative from Woodbridge, VA; Evy deAngelis, Executive Director of Sales Development at Avon; Donna Reid-Mitchell, Avon Representative from Dallas. TX and Orenthia Ricketts, Avon Representative from Newark, NJ. New York-based social selling company Avon is […]
Avon executives and Avon Representatives join the Mayor of Blue Ash to celebrate the opening of the Avon Care Center in Cincinnati, OH. Pictured (Left to Right): John McCahan, Director, Avon Care Center; Scott White, CEO, New Avon LLC; Kari Hupp, Avon Representative; Tom Adamec, Mayor of Blue Ash; Shekinah Caldwell, Manager, Avon Care Center. […]
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 […]
New York City-based New Avon has appointed Lori Bush to the company’s Board of Managers, effective immediately. Bush is experienced in both the worlds of direct selling and consumer beauty products. From October 2007 through January 2016, she served as president and CEO of Rodan + Fields. During her tenure, the company re-launched under a […]
The American Cancer Society recently announced that New Avon will be the national presenting sponsor for Making Strides Against Breast Cancer, the nation’s largest network of breast cancer events, held in more than 200 communities across the country. As part of its multi-year sponsorship of Making Strides Against Breast Cancer walks, New Avon will invite […]
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 […]
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 […]
Cosmetics giant Coty has announced that it saw a 19.4 percent jump in profits in its Consumer Beauty Division for the second quarter of fiscal 2018, which ended Dec. 31, due mostly to its social selling brand Younique. “Younique continued very strong performance with double-digit sales growth in the quarter with several countries increasing at triple-digit rates, including France, Germany […]
Avon Products Inc., the second largest direct seller in the world, has announced that it will exit the Australia and New Zealand markets by the end of this year. The London-based company provided Direct Selling News with the following statement: “As part of the strategy to return Avon to long-term sustainable profitable growth, the company […]
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 […]
In November, Avon convened its 16th Justice Institute on gender-based violence. The goal of the Institute is to improve the quality of legal protections for gender violence victims and guarantee their effective application. Held in Romania, the initiative brought together judges, judicial officials, prosecutors, law enforcement officials and representatives of government agencies. Top non-governmental organizations […]
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