Avon Products Inc., today announced that Gustavo Arnal has been appointed executive vice president and chief financial officer, effective during Spring 2019. Arnal will report directly to Jan Zijderveld, Avon’s chief executive officer, as a member of the Executive Committee. Jamie Wilson, Avon’s current CFO, has chosen to step down from his full-time executive role […]

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 […]