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Avon Products Inc.

Latest From Avon Products Inc.

Coty Would Shrink By A Third With Professional, Brazil Biz Divestures; Analysts React

The world’s third-largest beauty company is changing direction following an acquisition tear in recent years, now exploring strategic options for its Professional hair care/salon and Brazilian businesses to reduce debt and sharpen its focus on Luxury and Consumer fragrance, makeup and skin care. The 21 October announcement has lifted Coty’s stock roughly 18%, though analyst takes are mixed.

Beauty Deals

Natura Making Strong Headway In The Body Shop Transformation; Next Up, Avon

The Brazilian beauty giant reported 8.8% growth in The Body Shop sales in the fiscal 2019 first half, driven by strong gains in the UK and other key markets, offsetting the effect of 37 store closures in the past year as part of Natura’s transformation plan for the business. Meanwhile, incoming acquiree Avon is seeing better productivity, though sales continued to fall in the firm’s second quarter.

Beauty Business Strategies

Brands Target Men With Sonic Cleansing, 100% Vegan Skin Care; Personal-Care Launches In Brief

Launches announced in August include Clarisonic Mia Men, the brand’s first cleansing device specifically engineered for men’s thicker skin and beard, and Act Of Being, touted as “America’s first 100% vegan men’s grooming and skin-care brand.” Fragrances from Ariana Grande and Vince Camuto debut, along with Moroccanoil Color Depositing Masks and Avon Products’ True 5-in-1 Lash Genius mascara.

Beauty Advertising, Marketing & Sales

Natura/Avon Combination Creates World’s Fourth-Biggest Beauty Company

The investment community has reacted positively overall to Natura’s announced acquisition of Avon Products, which one analyst characterized as “sensible, not sexy.” Avon welcomes a new chapter in its 130-year history, while Natura Executive Chairman Roberto Marques touts the all-share transaction as “another exciting, decisive step to build a global, multi-brand, multi-channel, purpose-driven Group.”

Beauty Deals
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Company Information

  • Industry
  • Diversified
  • Therapeutic Areas
  • Alias(es)
  • Ownership
  • Public
  • Headquarters
  • Worldwide
    • North America
      • USA
  • Parent & Subsidiaries
  • Avon Products Inc.
  • Senior Management
  • James Preston, Chmn. & CEO
    Edwina D Woodbury, SVP, CFO
    Edward J Robinson, Pres. & COO
    Neil D Scancarella, VP, R&D
  • Contact Info
  • Avon Products Inc.
    Phone: (212) 546-6015
    Nine West 57 Street
    New York, NY 10019-
    USA
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