Avon (Avon) is an American international manufacturer and direct selling company for beauty, household and personal care products. As of 2012, the company’s annual sales were US$10 billion. It is the fifth largest cosmetics company and the second largest direct selling company in the world, with 6.4 million users worldwide.
Avon is a multi-level marketing company. The CEO of the company is Sherilyn S. McCoy, who took up the position in April 2012. The former CEO Zhong Binxian became the executive chairman of the board of directors.
According to US government statistics, in 2014, Avon had 5 to 6 million sales representatives in more than 100 countries. Avon and its affiliates have 40,000 to 50,000 employees, of which 6,000 employees are in the United States. Avon was an early member of the American Direct Selling Association, which was founded in 1910.
Avon’s stock code on the Nasdaq Stock Exchange is AVP, which is an S&P500 component. The company was founded by David H. McConnell in 1886 and is headquartered in New York City. The chairman is Douglas R. Conant and the CEO is Sherilyn S. McCoy.
In 2013, Avon’s revenue was US$9.955 billion, operating income was US$427.2 million, net profit was US$51.9 million, total assets were US$6.4093 billion, total equity was US$1.127 billion, and there were 36,700 employees.
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