Company announcements, direct sales updates and archived press coverage associated with Avon.
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...
Read full storyNEW 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 conti...
Read full storyNEW 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 w...
Read full storyNEW 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 de...
Read full storyNEW 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...
Read full storyNEW 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 Re...
Read full storyAvon 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 ha...
Read full storyNEW 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 Board: ...
Read full storyNEW 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.
Read full storyThe 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...
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