Avon Products, Inc. announced revenue of $1.18 billion for the third quarter ended September 30, 2019, down 16 percent from $1.4 billion in Q3 2018. “We continue to execute our Open Up turnaround strategy, with productivity gains driving adjusted operating margin expansion and improved free cash flow,” said Avon CEO Jan Zijderveld. “The push and pull […]
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 […]
London-based Avon Products, Inc. announced that it has become a founding patron of the prestigious new British Beauty Council. The Council was established to represent the voices, opinions and needs of the beauty industry. It seeks to promote the huge contribution that beauty makes to the UK economy and to build beauty as a career […]
Avon Products, Inc. has announced a partnership with Fuse Universal (Fuse), a leading provider of next-generation learning technology, to create a global training platform. The initiative supports a central pillar of Avon’s transformation plan to digitize its business and accelerate the selling and earning power of Avon’s millions of Representatives worldwide. The partnership is one element of Avon’s business strategy to […]
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 […]