Company announcements, direct sales updates and archived press coverage associated with Avon.
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 operatio...
Read full storyLawsuits 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 su...
Read full storyNEW 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...
Read full storyApril 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 bee...
Read full storyNEW 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...
Read full storyComplaint 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 th...
Read full storyNEW 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 profi...
Read full storyNEW 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...
Read full storyNEW 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 wor...
Read full storyCAMBRIDGE, 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...
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