Starting in 1886 with the ambition of giving women the ability to earn an independent income, Avon pioneered a model of direct selling via local representatives which has grown into a network of 5 million women across more than 50 markets.
What is Avon called now?
What was New Avon is now The Avon Company. “The new name is effective immediately and kicks off Avon's 135th year in business. The former name was a by-product of corporate restructuring and will be officially retired,” explains Monday's media release
Why is Avon in decline?
The 133 year-old company has been trying to reboot its direct-selling business model operations, but missed estimates for quarterly revenue due to fewer representatives to sell its products in key markets.
What is the new Avon company?
New Avon LLC sells beauty products. The Company offers skincare, color cosmetics, fragrance, and personal care products, as well as provides watches, earrings, necklace, bracelet, body lotion, shampoo, gel, hair removal cream, and other related products.