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Avon

News & Analysis

Avon to Move Headquarters to UK and Cut 2,500 Jobs

Avon Products Inc., which split off its North American operations earlier this month, plans to eliminate about 2,500 jobs and shift its headquarters to the UK in a cost-cutting move.

News & Analysis

Avon to Move Headquarters to UK and Cut 2,500 Jobs

Avon Products Inc., which split off its North American operations earlier this month, plans to eliminate about 2,500 jobs and shift its headquarters to the UK in a cost-cutting move.


Financial Markets

Avon Reports 4Q Loss

Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.

Financial Markets

Avon Reports 4Q Loss

Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.


News & Analysis

Analysts Sceptical of Avon's Turnaround Plan

A rally in struggling cosmetics maker Avon Products Inc's shares fizzled on Friday after analysts questioned the company’s ability to carry out its turnaround plan and sought more details.

News & Analysis

Analysts Sceptical of Avon's Turnaround Plan

A rally in struggling cosmetics maker Avon Products Inc's shares fizzled on Friday after analysts questioned the company’s ability to carry out its turnaround plan and sought more details.


News & Analysis

Avon Outlines Plans to Save $350 Million in Next Three Years

Cosmetics maker Avon Products Inc expects to reduce about $350 million in costs over the next three years, chief executive Sheri McCoy said at the company's investor day on Thursday.

News & Analysis

Avon Outlines Plans to Save $350 Million in Next Three Years

Cosmetics maker Avon Products Inc expects to reduce about $350 million in costs over the next three years, chief executive Sheri McCoy said at the company's investor day on Thursday.


News & Analysis

Avon Will Separate North America Business in Deal With Cerberus

Avon Products Inc. will split off its North American business as part of a $605 million deal with private-equity firm Cerberus Capital Management.

News & Analysis

Avon Will Separate North America Business in Deal With Cerberus

Avon Products Inc. will split off its North American business as part of a $605 million deal with private-equity firm Cerberus Capital Management.


News & Analysis

Avon Investor Barington Urges Company to Avoid ‘Fire Sale’ Deal

Avon Products Inc. investor Barington Capital Group urged the company to reject a reported deal to sell its North American business at a “fire sale” price, recommending that the cosmetics giant pursue a restructuring plan instead.

News & Analysis

Avon Investor Barington Urges Company to Avoid ‘Fire Sale’ Deal

Avon Products Inc. investor Barington Capital Group urged the company to reject a reported deal to sell its North American business at a “fire sale” price, recommending that the cosmetics giant pursue a restructuring plan instead.


Financial Markets

Avon Shares Soar After Citigroup Points to Signs of Turnaround

Avon Products Inc.’s stock jumped as much as 28 percent, its biggest gain in more than four decades, after Citigroup Inc. raised its rating on the beleaguered cosmetics company.

Financial Markets

Avon Shares Soar After Citigroup Points to Signs of Turnaround

Avon Products Inc.’s stock jumped as much as 28 percent, its biggest gain in more than four decades, after Citigroup Inc. raised its rating on the beleaguered cosmetics company.


Financial Markets

Avon Products’ Shares Tumble After Unexpected Third-Quarter Loss

Avon Products Inc. fell in early trading after posting an unexpected third-quarter loss, hurt by the strong dollar and a new tax in Brazil.

Financial Markets

Avon Products’ Shares Tumble After Unexpected Third-Quarter Loss

Avon Products Inc. fell in early trading after posting an unexpected third-quarter loss, hurt by the strong dollar and a new tax in Brazil.


Financial Markets

Avon Shares Drop After Analyst Downplays Its Takeover Prospects

Avon Products Inc. shares tumbled as much as 6.8 percent after Canaccord Genuity said the company’s prospects as a takeover target are probably overblown.

Financial Markets

Avon Shares Drop After Analyst Downplays Its Takeover Prospects

Avon Products Inc. shares tumbled as much as 6.8 percent after Canaccord Genuity said the company’s prospects as a takeover target are probably overblown.


Financial Markets

Avon Shares Rise on Report That Makeup Company Will Sell Stake

Avon Products Inc. shares rose on a report that the cosmetics company is in talks to sell a stake to private-equity firms.

Financial Markets

Avon Shares Rise on Report That Makeup Company Will Sell Stake

Avon Products Inc. shares rose on a report that the cosmetics company is in talks to sell a stake to private-equity firms.