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Avon News

Npros MLM / Network Marketing News Archive

July 2020

Avon Moving to UK and Eliminating 2500 Positions  

NEW YORK, March 14, 2016 -- Avon Products, Inc. today announced additional details on the execution of the Company's three-year transformation plan that was outlined at the Investor Day in January 2016.

"Today, we are taking another important step forward in the execution of Avon's transforma...

Source: Press Release


Avon Moving to UK and Eliminating 2500 Positions
Posted 3/17/2016


Avon to Pay Millions to Settle Bribery Charges  

NEW YORK, Dec. 17, 2014 -- Avon Products, Inc. today announced that the company has entered into agreements with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) related to the previously disclosed Foreign Corrupt Practices Act (FCPA) investigations. The terms of...

Source: Press Release


Avon to Pay Millions to Settle Bribery Charges
Posted 12/20/2014



Avon Splits with DSA  

Citing risks of being labeled a pyramid scheme, Avon is parting ways with the trade association it helped found almost a century ago. Avon parted with a letter to other member companies expressing concern that the Direct Sellers

Association bylaws and guidelines might not be sufficient to protect...

Source: Npros.com


Avon Splits with DSA
Posted 9/17/2014



Avon Appoints Pablo Munoz Sr VP and President, North America  

NEW YORK, May 20, 2013 -- Avon Products, Inc. announced today the appointment of Pablo Munoz as Senior Vice President and President, North America, effective June 24, 2013. Mr. Munoz will report to Sheri McCoy, Avon's Chief Executive Officer, and will join the company's Executive Committee.

Mr....

Source: Press Release


Avon Appoints Pablo Munoz Sr VP and President, North America
Posted 5/21/2013



Avon Announces Layoffs  

NEW YORK, April 8, 2013 -- Avon Products, Inc. today released further details of the company's previously announced $400 million Cost Saving Initiative by 2016.

The latest actions include a global headcount reduction of more than 400 associates across all regions and functions, and the restructuri...

Source: Press Release


Avon Announces Layoffs
Posted 4/10/2013



Avon to Close Two Distribution Facilities  

NEW YORK, January, 16, 2013 - Today Avon announced that the company will close its distribution facilities in Atlanta, GA and Pasadena, CA.

These facilities closures are part of the initial steps of the company’s global Cost Savings Initiative that was announced in December. The global actions ar...

Source: Press Release


Avon to Close Two Distribution Facilities
Posted 1/19/2013



Avon to Cut 1500 Jobs and Exit 2 Markets  

NEW YORK, Dec. 11, 2012 -- Avon Products, Inc. today outlined initial steps toward the company's previously communicated annual cost-savings target of $400 million by the end of 2015.

Initial steps of the cost-savings initiative will include a targeted global headcount reduction of approximatel...

Source: Press Release


Avon to Cut 1500 Jobs and Exit 2 Markets
Posted 12/12/2012



Avon Announces Makeup Maven Video Contest  

Consumer Voting Opens Today for Avon Representative Beauty Videos

NEW YORK, Dec. 5, 2012 -- Voting is now open for Avon's Makeup Mavens – the first-ever makeup video contest open exclusively to Avon Representatives nationwide. More than 600 Avon Representatives submitted how-to beauty videos for t...

Source: Press Release


Avon Announces Makeup Maven Video Contest
Posted 12/5/2012



Avon Appoints Chief Marketing Officer  

NEW YORK, Nov. 15, 2012 -- Avon Products, Inc. today announced the appointment of Patricia Perez-Ayala as Senior Vice President, Chief Marketing Officer, and Global Brand & Category President effective December 3, 2012. Ms. Perez-Ayala will report to Sheri McCoy, Avon's Chief Executive Officer, and...

Source: Press Release


Avon Appoints Chief Marketing Officer
Posted 11/16/2012



Avon Reports Disappointing Third Quarter Results  

NEW YORK, Nov. 1, 2012 -- Avon Products, Inc. today reported third-quarter 2012 results and provided goals for future performance. "Avon's third-quarter results remain disappointing. The challenges that Avon faces developed over time, not overnight, and it will take time to implement the solutions...

Source: Press Release


Avon Reports Disappointing Third Quarter Results
Posted 11/2/2012



Avon to Postpone 3Q 2012 Earnings Due To Hurricane  

NEW YORK, Oct. 29, 2012 -- In light of Hurricane Sandy and its expected impact on New York City, Avon has made the decision to postpone its third-quarter earnings release and webcast originally scheduled for Tuesday, October 30, 2012. The company is currently planning to hold the earnings webcast on...

Source: Press Release


Avon to Postpone 3Q 2012 Earnings Due To Hurricane
Posted 10/30/2012



Avon Executive Chairman to Step Down  

NEW YORK, Oct. 5, 2012 -- Avon Products, Inc. today announced that Andrea Jung has informed the Board of Directors that she will step down as Executive Chairman and Board member, effective December 31, 2012 after a successful transition to new leadership under CEO Sheri McCoy. Ms. Jung will continue...

Source: Press Release


Avon Executive Chairman to Step Down
Posted 10/5/2012



Avon Partners With Paula Abdul On Exclusive Holiday Collection  

NEW YORK, Aug. 22, 2012 -- Avon Products, Inc. today announced a partnership with internationally renowned choreographer, dancer, songwriter, performer, designer, actor and businesswoman Paula Abdul. Avon tapped Abdul to curate the brand's holiday jewelry collection. She will be working closely with...

Source: Press Release


Avon Partners With Paula Abdul On Exclusive Holiday Collection
Posted 8/23/2012



Avon Reports Second Quarter 2012 Results  

NEW YORK, Aug. 1, 2012 -- Avon Products, Inc. today reported second-quarter 2012 results. Total revenue of $2.6 billion decreased 9%, or down 1% in constant dollars. Total units declined by 4% and price/mix increased 3% during the quarter. Active Representatives were down 3%.

Avon Beauty sales dec...

Source: Press Release


Avon Reports Second Quarter 2012 Results
Posted 8/1/2012



Avon to Webcast Second Quarter 2012 Earnings Conference Call  

NEW YORK, July 12, 2012 -- Avon Products, Inc. will provide a live webcast of its second-quarter 2012 earnings conference call on Wednesday, August 1, 2012, at 9:00 A.M. Eastern time.

Those wishing to access the webcast can do so from www.avoninvestor.com. The webcast will also be archived on the...

Source: Press Release


Avon to Webcast Second Quarter 2012 Earnings Conference Call
Posted 7/13/2012



Avon Launches Corporate Responsibility Blog  

NEW YORK, Jun. 27 - Avon Products, Inc. today launched the company’s first corporate blog, Avon’s Calling, as part of the company’s commitment to transparency and communication on the many facets of Corporate Responsibility.

Avon’s Calling can be accessed through the company’s online Corporate Res...

Source: Press Release


Avon Launches Corporate Responsibility Blog
Posted 6/28/2012



Avon Shares Fall 10 Percent After Coty Withdraws Takeover Bid  

Avon Products Inc's shares fell 10 percent after Coty Inc withdrew its $10.7 billion takeover bid for the world's largest cosmetics direct seller.

Avon's shares fell to $18.60 Tuesday morning, below their level in April before Coty first went public with its unsolicited offer to buy Avon.

Avon h...

Source: Npros.com


Avon Shares Fall 10 Percent After Coty Withdraws Takeover Bid
Posted 5/16/2012



Avon Acquisition Proposal Withdrawn by Coty  

NEW YORK, May 14, 2012 -- Coty Inc., a leading global beauty company, today announced that it has sent the following letter to the Avon Products, Inc. Board of Directors:

May 14, 2012

Board of Directors Avon Products, Inc. 1345 Avenue of the Americas New York, NY 10105

Dear Members of the B...

Source: Press Release


Avon Acquisition Proposal Withdrawn by Coty
Posted 5/15/2012



Avon Board Considering Coty Buyout Offer  

NEW YORK, May 13, 2012 -- Avon Products, Inc. today advised Coty Inc. that Avon's Board of Directors, in conjunction with management and the company's financial and legal advisors, will consider Coty's letter dated May 9, 2012. Avon's Board expects to respond within a week....

Source: Press Release


Avon Board Considering Coty Buyout Offer
Posted 5/14/2012



Coty Raises Offer to Acquire Avon  

The Board of Directors of Avon Products, Inc. received a letter from Coty Inc., dated May 9, 2012, raising Coty's offer to acquire the company to $24.75 per share. Excerpts of the letter follow:

Since we made public our non-binding proposal to acquire Avon for cash (the "proposal") more than a mo...

Source: Press Release


Coty Raises Offer to Acquire Avon
Posted 5/10/2012



Avon Reports First Quarter 2012 Results  

NEW YORK, May 1, 2012 --Avon Products, Inc. today reported first-quarter 2012 results. Kimberly Ross, Avon's Executive Vice President and Chief Financial Officer said: "While our first-quarter operating performance remained challenged, we are making progress toward addressing some of our operational...

Source: Press Release


Avon Reports First Quarter 2012 Results
Posted 5/1/2012



Avon Investors File Lawsuit  

Lawsuits Allege Wrongful Refusal to Negotiate Best Price

San Diego, CA -- 04/16/2012 -- At least three investors filed lawsuits against directors of Avon Products, Inc. over their alleged failure to properly consider the takeover offer by Coty.

On April 2, 2012, Coty Inc. announced that it has s...

Source: Press Release


Avon Investors File Lawsuit
Posted 4/16/2012



Avon Appoints New CEO  

NEW YORK, April 9, 2012 -- Avon Products, Inc. today announced that its Board of Directors has appointed Sherilyn S. (Sheri) McCoy as Chief Executive Officer. Ms. McCoy will join Avon effective April 23, 2012, and will also serve as a director on the company's Board.

Ms. McCoy, 53, assumes leader...

Source: Press Release


Avon Appoints New CEO
Posted 4/9/2012



Avon Products Rejects Buyout Offer from Coty Inc  

April 2, 2012 -- Avon Products Inc. rejected a $10 billion buyout offer from Coty Inc. today. Avon's board believes Coty's offer undervalues the company and is not in shareholders' best interest.

Avon's profits have shrunk in recent years, and the company has restructured and cut jobs. It has been...

Source: Npros.com


Avon Products Rejects Buyout Offer from Coty Inc
Posted 4/2/2012



Avon Foundation for Women Announces Domestic Violence Grants  

NEW YORK, March 8, 2012 -- In honor of International Women's Day, Avon Global Ambassador & Honorary Chairman of the Avon Foundation for Women Reese Witherspoon and Avon Chairman and CEO Andrea Jung announced ten $60,000 grants to support women's domestic violence shelters and agencies from around th...

Source: Press Release


Avon Foundation for Women Announces Domestic Violence Grants
Posted 3/8/2012



Class Action Lawsuit Filed Against Avon and Mary Kay  

Complaint alleges companies falsely claimed products were not tested on animals

LOS ANGELES, Feb 29, 2012 -- Eagan Avenatti, LLP announced today the filing of a class action lawsuit against cosmetic companies Estee Lauder, Avon Products, and Mary Kay on behalf of American consumers deceived by the...

Source: Press Release


Class Action Lawsuit Filed Against Avon and Mary Kay
Posted 3/3/2012



Avon Reports Fourth Quarter and Full Year 2011 Results  

NEW YORK, Feb. 14, 2012 -- Avon Products, Inc. today reported fourth-quarter and full-year 2011 results. Andrea Jung, Avon's Chairman and Chief Executive Officer said: "Despite a challenging fourth quarter, 2011 revenue was up 4% (1% in constant dollars) to $11.3 billion. Adjusted operating profit f...

Source: Press Release


Avon Reports Fourth Quarter and Full Year 2011 Results
Posted 2/15/2012



Avon to Webcast 4th Quarter and Full Year Earnings Conference Call  

NEW YORK, Jan. 12, 2012 -- Avon Products, Inc. will provide a live webcast of its fourth-quarter and full-year 2011 earnings conference call on Tuesday, February 14, 2012, at 9:00 A.M. Eastern time.

Those wishing to access the webcast and related slide presentation can do so from www.avoninvestor...

Source: Press Release


Avon to Webcast 4th Quarter and Full Year Earnings Conference Call
Posted 1/13/2012



Avon CEO Steps Down  

NEW YORK , Dec. 13, 2011 -- Avon Products, Inc. announced that in 2012 the company will separate the roles of Chairman and Chief Executive Officer. The company said that Andrea Jung, Avon's Chairman and CEO, will be named Executive Chairman, and that a committee of the Board of Directors will work w...

Source: Press Release


Avon CEO Steps Down
Posted 12/15/2011



Avon Launches Fundraiser for ALS TDI  

CAMBRIDGE, Mass., Nov. 1, 2011 -- Necklace Named in Honor of Avon Executive Recently Diagnosed with Lou Gehrig's Disease

The ALS Therapy Development Institute (ALS TDI) and the Avon Products, Inc. (Avon) announced today a fundraising campaign to fund research into effective treatments for ALS (Lo...

Source: Press Release


Avon Launches Fundraiser for ALS TDI
Posted 11/1/2011



Avon Investigated by SEC and Attorneys for Shareholders  

WASHINGTON, Oct 28, 2011 -- Finkelstein Thompson LLP announces that it is investigating potential claims on behalf of shareholders of Avon Products, Inc. ("Avon" or the "Company"). On October 27, 2011, various news outlets reported that Avon issued a regulatory filing stating that the U.S. Securitie...

Source: Pres Release


Avon Investigated by SEC and Attorneys for Shareholders
Posted 10/31/2011



Avon Announces New Anti-Aging Sun Care Product Line  

Avon Announces Anti-Aging Sun Care Product Line That Does More than Just Protect – It is Formulated to Repair Skin Cell Sun Damage*

In vitro test shows revolutionary RepairShield™ Technology repairs 50 percent of skin cell sun damage in 24 hours* New Orleans, La., Feb. 7, 2011 /PRNewswire/ — Avon...

Source: Press Release


Avon Announces New Anti-Aging Sun Care Product Line
Posted 2/9/2011



Jacqueline Bisset Becomes Avon Spokesmodel  

New York, New York, August 23, 2010 /PRNewswire/ — Avon Products, Inc. today announced a partnership with award-winning international actress, Jacqueline Bisset, who will serve as the face of the revolutionary ANEW Platinum line. This new skincare line for women 60+ from Avon’s pioneering ANEW line...

Source: Press Release


Jacqueline Bisset Becomes Avon Spokesmodel
Posted 8/27/2010



Avon in the New York Times  

IN the 1880s, David McConnell, a door-to-door book salesman in upstate New York, thought that he might have better luck if he presented potential customers with a gift of perfume. By 1886, McConnell had formed the California Perfume Company, and within 20 years, 10,000 representatives were selling 1...

Source: New York Times


Avon in the New York Times
Posted 1/26/2010



Avon Shares Slide on Analyst Downgrades  

Shares of Avon Products Inc. slipped on Monday after an analyst downgraded shares of the cosmetics company ahead of its quarterly report amid soft consumer discretionary spending.

Shares retreated $1.30, or 6.3 percent, to $19.15 in afternoon trading. The stock has declined 14.9 percent so far thi...

Source: Forbes


Avon Shares Slide on Analyst Downgrades
Posted 2/3/2009



Avon Calling Again in New Recruit Drive  

"Ding Dong, Avon's Calling" became a memorable catchphrase following the advertising campaign of the 1960s.

Now it is searching for a new generation of representatives through a series of television ads which start next week.

Avon, one of the world's largest direct sellers of cosmetics, operat...

Source: BBC News


Avon Calling Again in New Recruit Drive
Posted 4/22/2008



Avon Signs Patrick Dempsey  

Avon Products, Inc. (NYSE: AVP) today announced it has partnered with award-winning actor Patrick Dempsey to create a signature men's fragrance set to debut in November of 2008 in the US, with a global launch following in 2009. This will be the actor's first foray into the fragrance industry, and he...

Source: PR Newswire


Avon Signs Patrick Dempsey
Posted 4/1/2008



Avon Donates 1 Million to UNIFEM Fund  

In Celebration of International Women’s Day March 8th Avon Proudly Announces $1 Million Donation to the UN UNIFEM Fund.

This week Avon Products and The United Nations Development Fund for Women (UNIFEM) co-hosted The Second Global Summit for a Better Tomorrow at the United Nations in New York. The...

Source: Scoop.co.nz


Avon Donates 1 Million to UNIFEM Fund
Posted 3/12/2008



Avon Introduces Youth Extending Cream  

Stop the ageing clock and make a difference to your skin before its too late as Avon introduces revolutionary Youth Extending Cream under its Anew Retroactive+ portfolio. This first of its kind treatment from Avon’s flagship anti-ageing brand Anew helps repair your skin's hidden damage today so you...

Source: India Infoline.com


Avon Introduces Youth Extending Cream
Posted 2/22/2008



Avon Shares Rise  

Avon Products Inc., a direct seller of beauty products, said yesterday its fourth-quarter profit fell 30 per cent on restructuring costs and other charges.

The company's shares rose more than seven per cent in trading on the New York Stock Exchange. Earnings dropped to US$128.9 million, or 30 c...

Source: London Free Press


Avon Shares Rise
Posted 2/6/2008



Avon Branches out with Retail Stores  

Hannelore Burr loves Avon products, especially the makeup and bath items.

But unlike other customers, Burr doesn't order from a local Avon representative and then wait weeks for her products to arrive. She shops at an Avon store in the Mall at Wellington Green on Forest Hill Boulevard in Palm Beac...

Source: Sun-Sentinel.com


Avon Branches out with Retail Stores
Posted 10/18/2007



Avon In Midst of 3 Year Reorganization  

Avon's plans to reorganize received mention in the Zanesville Times Recorder:

Avon putting on a fresh face Slumping beauty products queen in midst of 3-year reorganization

The Avon lady may not be knocking on your door, but she hasn't gone away.

The 120-year-old company that started out with...

Source: Zanesville Times Recorder


Avon In Midst of 3 Year Reorganization
Posted 5/1/2007



Avon Putting on a Fresh Face  

The Avon lady may not be knocking on your door, but she hasn't gone away.

The 120-year-old company that started out with a Mrs. Albee toting her basket of violet, rose and Lily-of-the-Valley perfumes door-to-door is striving to maintain that personal touch along with the loyalty of customers tempt...

Source: The Journal News


Avon Putting on a Fresh Face
Posted 9/4/2006



Avon Stays on Top of MLM Rankings  

Avon, Inc. maintained the strongest online public interest for March on MLMRankings.com.

Also in the top five, Mary Kay Cosmetics and Seasilver...

Source: Npros.com


Avon Stays on Top of MLM Rankings
Posted 4/19/2006



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