Posts Tagged ‘Jan Zijderveld’

Natura Acquiring Avon Products, Inc.

Natura

Natura &Co (B3: NATU3) announced late yesterday that it is acquiring Avon Products, Inc. (NYSE: AVP) in an all-share transaction. The deal, valued by Natura at around $3.7 billion, caps Avon’s strategic pivot to focus on foreign markets, where sales have been stronger in recent years. The company moved its corporate headquarters to London in 2016…

Read More

Avon Q1 2019 Revenue Down 15%

Avon Q1 2019

Avon Products, Inc. (NYSE: AVP) announced revenue for the quarter ended March 31, 2019, was $1.19 billion, down 15 percent from the first quarter of 2018. Sales in Europe, Middle East and Africa fell 19 percent to $458.7 million and 17 percent to $414.7 million in South Latin America. Sales in Asia Pacific increased 3…

Read More

Avon Announces New Elections for Foundation Board; New General Manager

Avon Foundation for Women

The Avon Foundation for Women today announced the elections of Amy Greene as chair and Natalie Deacon as president of the Avon Foundation Board of Directors. Greene was recently appointed vice president, Investor and Stakeholder Relations for Avon. Deacon was recently appointed executive director, Corporate Affairs and Sustainability. Working with NGOs and Avon teams across…

Read More

Avon Products Inc. Launches stand4her

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 More

Avon Products, Inc. Down 2% for 2018

Avon Products Inc.

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 More

Avon CEO Rings Closing Bell at NYSE

Avon CEO Rings Closing Bell

The New York Stock Exchange recently welcomed Avon Products Inc. (NYSE: AVP) to celebrate more than 130 years of championing economic empowerment for women around the world. Avon CEO Jan Zijderveld was invited to ring the closing bell. He was joined by several Avon executives and guests. The 133-year-old Avon was founded in 1886 by…

Read More

Avon Products, Inc. Announces Structural Reset, Reductions

Avon Products UK HQ

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 More

Avon 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 More

Avon Selected for 2019 Bloomberg Gender-Equality Index

Avon Products Inc. announced its inclusion in the Bloomberg Gender–Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality. As one of 230 companies selected, Avon achieved above-benchmark scoring across 67 criteria in a survey, which awards points for disclosure and examples of best-in-class practices for investing in women.…

Read More

Avon Appoints New Chief Supply Chain Officer

Avon Q1 2019

Avon Products Inc. announced that Vikram Agarwal has been named senior vice president and chief supply chain officer, effective February 1, 2019. Agarwal succeeds Michael Watson, who has decided to step down to pursue other professional opportunities. The company also announced that Susan Ormiston, senior vice president of Human Resources, will be leaving this month…

Read More