Avon Acquires Liz Earle Beauty Company Ltd

 

Avon Products Inc has acquired the Liz Earle Beauty Company Ltd which is a fast-growing, privately-owned brand of naturally active skin care products that are sold mainly in the UK.  Selling botanical-based products, primarily through direct-to-consumer channels, the brand perfectly complements Avon’s core direct selling business and leadership position in anti-aging skin care. It also represents a long-term opportunity to develop a stand-alone Liz Earle direct-selling Avon Representative channel.Andrea Jung, Avon’s Chairman and Chief Executive Officer, said, “We are delighted to welcome Liz Earle to Avon, and we see this new partnership as a perfect fit for both companies. Liz Earle’s tightly edited range of award-winning, naturally active skin care products is highly complementary to Avon’s anti-aging skin care and broader beauty portfolio.”

Liz Earle, co-founder of the Liz Earle Beauty Company Limited, said, “We are very excited to be aligning with an iconic global beauty brand like Avon. We believe that the Liz Earle Naturally Active Skincare philosophy and extraordinary brand loyalty we have built in the UK, when combined with Avon’s presence in more than 100 markets around the world, offers an outstanding opportunity for global expansion for our company.”

The Liz Earle Beauty Company will continue to operate independently under the leadership of co-founders Liz Earle and Kim Buckland and will maintain its headquarters in Ryde, on the Isle of Wight. More information on the company and its products can be found on their website: http://uk.lizearle.com/

Anna Segatti, General Manager UK and Republic of Ireland will take an active role on the board of Liz Earle although the company will continue to be run independently of the UK business.

Beauty Business – Women who made it BIG! Gail Reynolds –Senior Executive Sales Leader – Avon Cosmetics UK

Former Accountant Gail Reynolds became an Avon Representative in 2002 and quickly took the step up to Avon Sales Leader reaching Senior Executive Status in 2005. She now heads up a nationwide team of around 2000 Representatives including 150 Sales Leaders and earns the company more than £4 million in sales every year. Gail is currently the third highest earner in the UK for the global beauty business that is Avon. First and third are Debbie Davis and her partner Dave Carter.

Avon, the company for women, is a leading global beauty company, with $10 billion in annual revenue. As the world’s largest direct seller, Avon markets to women in more than 100 countries through 5.4 million independent Avon Sales Representatives. Avon’s product line includes beauty products, fashion jewelry and apparel, and features such well-recognized brand names as Avon Color, Anew, Skin-So-Soft, Advance Techniques, Avon Naturals, and Mark. Learn more about Avon and its products at www.avoncompany.com 

 

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Earnings/New Releases

Avon to Webcast Barclays Capital Back-to-School Consumer Conference NEW YORK, Aug 26, 2010 /PRNewswire via COMTEX/ –

Avon Products, Inc. (NYSE: AVP) will provide a live webcast of its presentation at Barclays Capital Back-to-School Consumer Conference on Tuesday, September 7, 2010 at 11:15 a.m. Eastern Time.

Charles Cramb, Vice Chairman and Chief Finance and Strategy Officer, will present on Avon’s overall business strategies.

Those wishing to access the webcast and related slide presentation can do so at avoninvestor.com. The webcast and presentation will also be archived on the website for one year.

Avon, the company for women, is a leading global beauty company, with over $10 billion in annual revenue. As the world’s largest direct seller, Avon markets to women in more than 100 countries through approximately 6.2 million independent Avon Sales Representatives. Avon’s product line includes beauty products, as well as fashion and home products, and features such well-recognized brand names as Avon Color, Anew, Skin-So-Soft, Advance Techniques, Avon Naturals, and Mark. Learn more about Avon and its products at www.avoncompany.com.

SOURCE Avon Products, Inc. Avon to Webcast Second-Quarter 2010 Earnings Conference Call NEW YORK, July 7, 2010 /PRNewswire via COMTEX/ –

Avon Products, Inc. (NYSE: AVP) will provide a live webcast of its second-quarter 2010 earnings conference call on Thursday, July 29, 2010, at 9:00 A.M. New York time.

Those wishing to access the webcast and related slide presentation can do so from www.avoninvestor.com. The webcast and presentation will also be archived on the website for one year.

Avon, the company for women, is a leading global beauty company, with over $10 billion in annual revenue. As the world’s largest direct seller, Avon markets to women in more than 100 countries through approximately 6.2 million independent Avon Sales Representatives. Avon’s product line includes beauty products, as well as fashion and home products, and features such well-recognized brand names as Avon Color, Anew, Skin-So-Soft, Advance Techniques, Avon Naturals, and Mark. Learn more about Avon and its products at www.avoncompany.com.

SOURCE Avon Products, Inc.