Avon Products Launches Strategy To "Open Up Avon" and Return To Growth
AVON PRODUCTS (AVP)
Last avon products earnings: 10/31 06:45 am
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Source: PR Newswire
LONDON, Sept. 21, 2018 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today will host its 2018 Investor Day and introduce the Company's new long-term strategy to "Open Up Avon" and return to growth."We are excited to share our plans to Open Up Avon as we continue to build on the progress we have made in the last eight months to reboot direct selling, modernize the brand, leverage strategic breakouts and begin a cultural transformation," said Jan Zijderveld, Avon CEO. "We have assessed our operations, our markets and value-creating opportunities, and are implementing a plan to make Avon more attractive to beauty entrepreneurs and accessible to more consumers. Critical elements of the plan are expanding recruiting and retaining more Representatives, capturing our share in fast growth areas, opening our eco-system to more third party providers, and ensuring we have the right team and execution rigor. We are confident that these efforts can increase shareholder value and position Avon to
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