QUOTE AND NEWS
SeekingAlpha  Aug 7  Comment 
SeekingAlpha  Aug 4  Comment 
Financial Times  Aug 4  Comment 
Chief’s exit comes despite push in emerging markets for millennials to prop up sales
New York Times  Aug 4  Comment 
Sheri McCoy of Avon is the third prominent female chief executive to head toward the exit since June, making 2017 anything but the breakout era it was expected to be.
Motley Fool  Aug 3  Comment 
Investors expected a profit. They got a loss instead.
New York Times  Aug 3  Comment 
The door-to-door seller of beauty products said that Sherilyn S. McCoy would leave the company in March after five years at the helm.
Insurance Journal  Jun 22  Comment 
Dallas-based independent insurance broker RHSB has added Austin January, Dan Rupper and John Sanders as assistant vice presidents. January, AVP employee benefits, is an experienced employee benefits consultant proficient in several functions of...
Financial Times  Jun 15  Comment 
Cosmetics company’s shares have dropped more than 80% since 2012




 

Avon (NYSE:AVP) makes beauty and personal care products, including various types of cosmetics - lipstick, eyeliner, mascara, basically anything that would make a wonderful Mother's Day gift - apparel and accessories, and home and decoractive products. Avon's products face intense competition, from companies like Estee Lauder Companies (EL) and Revlon (REV), in all of its markets from both global and regional mid-end brand personal care products. To combat competition and improve brand recognition in US and global markets, Avon launched a Turn-around Plan in that included strategic initiatives to reduce costs, increased advertising spending, improve product quality, and improve sales profitability.

While the majority of Avon's competitors distribute their products to resellers such as department stores, drugstores, or cosmetic stores, Avon sells its products solely through its direct-selling channel of independently-contracted Active Sales Representatives and through its online website. However, the company's direct-selling business model is at risk for incurring more costs due to Representative dissatisfaction and global legal restrictions. Due to the company's reliance on its direct-selling business model, earning potential and satisfaction of its Representatives and maintaining its business model are essential for the company's success in global markets.

Company Overview

Avon produces and sells consumer packaged goods worldwide through its direct selling boutique store channel and its online channel.

Business Segments

Avon's revenues come from three main categories:

Business Growth

===FY 2010 (ended December 31, 2010)[1]

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