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 […]
According to a recent Wall Street Journal report, Avon is selling its last U.S factory to a French cosmetics manufacturer. Citing people familiar with the plan, the WSJ reported Fareva Group will take over production at Avon’s factory in Morton Grove, Illinois. Fareva, one of the world’s leading subcontractors in the industrial & household, cosmetics and pharmaceutical fields, will […]
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 […]
According to ResearchAndMarkets.com’s new report “Global Lipstick Market by Product Type (Gloss, Matte & Others), By Distribution Channel (Supermarkets/Hypermarkets, Departmental/Grocery Stores, Multi Branded Retail Stores & Others), By Region, Competition Forecast & Opportunities, 2013–2023,” the global lipstick market is expected to cross $17 billion by 2023 due to the rising number of product innovations, increasing disposable income and […]
Avon Products, Inc. has announced it has reached a series of milestones in its plans to transform the digital capabilities of its Representatives and improve interactions with consumers. The London-based beauty company’s global digital platforms and experience team has launched a fully digitized, mobile-enabled, e-interactive brochure that allows Avon Representatives to connect quickly and effectively with their customers. Avon […]
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 […]
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