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What is Avon Products, Inc. mean?
Avon Products, Inc. or simply known as Avon, is a multinational cosmetics, skin care, fragrance and personal care company, based in London. Avon had annual sales of $5.57 billion worldwide in 2019.
It is the fourteenth-largest beauty company and, with 6.4 million representatives, is the second largest direct-selling enterprise in the world (after Amway). The company's CEO is Angela Cretu, who was appointed to the position in January 2020.
In May 2019, the Brazilian company Natura & Co announced its intent to acquire Avon; the deal closed in January 2020. Its ownership accounts for a 76% stake.
referencePosted on 05 Nov 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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