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

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

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

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

Avon Stays on Top of MLM Rankings

Posted 4/19/2006