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Direct Selling News  > news  > World News

Q2 Revenue for Avon Down 3%

August 04, 2017

Avon Products Inc., the London-based leader in direct selling of beauty and related products, recently announced its results for the second quarter of 2017. Revenue decreased 3 percent to $1.4 billion and decreased 4 percent in constant dollars. Active Representatives and Ending Representatives, both from Reportable Segments, declined 3 percent and 2 percent, respectively.

London-based Avon Products, Inc., the company for women, today announced that Sheri McCoy will step down as CEO and as a director on March 31, 2018, in line with her commitments to Avon’s Board of Directors to transform the business.

Natura, the Sao Paulo, Brazil-based cosmetics giant, reported that consolidated gross revenue for the second quarter of 2017 amounted to $2,801.6 million Brazilian Real, down 0.5 percent from 2016.

The Direct Selling Association of South Africa (DSASA) recently announced its industry results at a gathering of the Association’s 34 direct sales business entities in Johannesburg.

ORGANO, the Vancouver, Canada-based direct seller of coffees, teas, nutraceuticals and personal care items, recently announced that its popular Body Management product line, complete with its premier product, OGXFENIX, will be available throughout Europe commencing Aug. 6.

The World Federation of Direct Selling Associations (WFDSA) recently announced that global direct sales in 2016 increased 1.9 percent, from US $179.2 billion in 2015 to $182.6 billion in 2016, a new global record.

While the European cosmetics and personal care industry grew to 77 billion euros in 2016, the growth was much slower than in recent years, according to figures released by Cosmetics Europe.

Ahlen, Westphalia, Germany-based LR Health & Beauty recently launched its new LR ALOE VIA brand, featuring 40 care products for the entire family.

Ancaster, Ontario, Canada-based Steeped Tea Inc., the direct seller of loose-leaf tea, food items and accessories, recently announced the appointment of Melanie Hayden Sparks as President.

Schaffhausen, Switzerland-based Oriflame recently selected Sweden-based research company Nepa to help the cosmetics giant continuously track and explain trends, as well as the wills and actions of its customers and competitors, in 10 countries.

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