Company announcements, direct sales updates and archived press coverage associated with Avon.
Regent completed its acquisition of The Avon Company, Avon North America, from LG Household & Health Care on September 1, 2026, reuniting the U.S. and Canada business with Avon International under common ownership for the first time since 2016. LG H&H USA transferred all 60,000,100 shares of The ...
Read full storySAO PAULO, February 20, 2025 -- Natura &Co, owner of Avon, confirmed in a material fact that it is in exclusive negotiations with investment firm IG4 over a potential sale of Avon's operations outside Latin America. The statement responded to a February 19 media report about an investor intereste...
Read full storySAO PAULO, December 4, 2024 -- Natura &Co said the U.S. bankruptcy court overseeing Avon Products Inc. and affiliated debtors approved both the global settlement with the unsecured creditors committee and the sale of Avon's operations outside the United States to Natura through a 125 million doll...
Read full storyNEW YORK, Aug. 12, 2024 -- Avon Products, Inc., the U.S.-based non-operating holding company for the Avon beauty brand, filed voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to address its debt and legacy talc liabilities. The company has not sold produc...
Read full storyCHICAGO, July 29, 2024 -- A Cook County, Illinois jury returned a 24.4 million dollar verdict against Avon Products, Inc. in favor of the family of Cipriano Ramirez, a Chicago-area man diagnosed with pleural mesothelioma in 2023, plaintiffs' law firm Simmons Hanly Conroy announced. Ramirez was ex...
Read full storySÃO PAULO, November 30, 2023 -- Natura &Co said Kristof Neirynck, Avon's global chief marketing officer and managing director for Western Europe, will become chief executive of Avon Products, Inc. on January 1, 2024, succeeding Angela Cretu. Cretu, who spent 25 years with the company, will stay ...
Read full storyAvon Products disclosed that a Los Angeles Superior Court jury awarded 36 million dollars in compensatory damages against the company on December 14, 2022 and 10.3 million dollars in punitive damages on December 16 in Chapman v. Avon Products, Inc., Case No. 22STCV05968. Avon was one of more than...
Read full storyAvon Products said its board approved a plan on November 3, 2022 to close its research and development facility in Suffern, New York, and relocate research operations to Brazil, co-located with Natura's Cajamar innovation center, and to Poland. The move is expected to be completed by the quarter ...
Read full storyAvon International global chief executive Angela Cretu said Avon prices would rise only in line with inflation, even as supply and vendor costs climbed. To hold that line, the company said it moved early with logistics partners, locked in longer contracts, and raised pay for delivery workers. Cre...
Read full storyThe Avon Company said its flagship Skin So Soft line will be sold in retail stores. Public relations manager Susan Small said the company and parent LG H&H expect the new partnerships to build on existing consumer awareness and to reach people who do not already buy the products. She said the com...
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