Anglo-American beauty products company
"AVON" redirects here. For other uses, see
Avon .
Avon Products, Inc. ( AY -von ) is an Anglo-American[ 9] multinational company selling cosmetics , skin care , perfume , and personal care products. It is a multi-level marketing company based in London . In 2020, Avon had annual sales of $9.1 billion worldwide.[ 2]
It is the fourteenth-largest beauty company[ 10] and, with 6.4 million representatives, is the second largest multi-level marketing company in the world (after Amway ).[ 11] The company's CEO is Kristof Neirynck who was appointed to the position in November 2023.[ 12]
In May 2019, the Brazilian multinational company Natura & Co announced its intent to acquire Avon; the deal closed in January 2020. Following the merger, existing Natura shareholders held 73% of the combined company, Natura Holding S.A., with former Avon shareholders owning 27%.[ 13] At merger completion, Avon became a privately held company, common stock was removed from the NYSE trading.[ 14]
^ "Natura & Co 2020 Annual Report" . Archived from the original on September 24, 2021.
^ a b "Avon Products" . Fortune . Retrieved July 12, 2020 .
^ "Brazil cosmetics giant Natura buys Avon in all-shares transaction" . May 23, 2019.
^ "Natura agrees to buy Avon, creating cosmetics powerhouse" . CNBC . May 23, 2019. Retrieved December 16, 2019 .
^ "Celgene, Kinder Morgan and Actavis Set to Join the S&P 100; Several Constituent Changes Announced for S&P 500, S&P MidCap 400 and S&P SmallCap 600" (Press release). March 13, 2015.
^ "US SEC: Form 10-K Avon Products, Inc" . U.S. Securities and Exchange Commission . Retrieved January 21, 2018 .
^ "US SEC: Form 8-K (Feb 3, 2018)" . U.S. Securities and Exchange Commission . Retrieved February 7, 2018 .
^ "US SEC:FORM 10-K AVON PRODUCTS, INC" . United States Securities and Exchange Commission . December 31, 2018. Retrieved April 6, 2019 .
^ "Avon to cut 2,500 jobs, move headquarters to Britain" . Daily Sabah . March 16, 2016.
^ "Top 20 Companies in 2019 | Beauty Packaging" .
^ Kowitt, Beth (April 30, 2012). "Avon: The Rise and Fall of a Beauty Icon" . Fortune . 165 (6): 106– 114. Archived from the original on February 22, 2014. Retrieved April 29, 2012 .
^ "Leadership transition in Avon International" . Retail Dive . Retrieved November 30, 2023 .
^ "Natura &Co and Avon join forces to create a Direct-to-Consumer global beauty leader" (PDF) (Press release). Avon Products. May 22, 2019. Archived from the original (PDF) on May 23, 2019. Retrieved May 23, 2019 .
^ Ayala, María Luisa (December 24, 2019). "Finanzas: Avon Products: The End Is Near For This Stock" . América Retail (in Spanish). Retrieved January 27, 2023 .