Everything about Avon Products Inc totally explained
Avon Products, Inc. is a
US cosmetics,
perfume and
toy seller with markets in over 135 countries across the world and sales of $9.9 billion worldwide as of 2007.
Traditionally a
direct marketing company, Avon's fastest growing markets today are in China and Russia. The company's chairman and CEO is
Andrea Jung, who was promoted to the position in 1999. Avon uses both
door-to-door sales people ("Avon ladies," primarily) and catalogs to advertise its products. In some markets (most notably China, which had banned all door-to-door selling before mid-December 2006) Avon products are sold primarily in retail stores.
Avon's product lines include
lipsticks,
foundations, bath and skin lotions,
anti-aging cream, perfumes, as well as
jewelry and clothing.
Although the company has always been more directed towards female customers, Avon's line of male products continues to expand, and its children's products (such as shampoos and toys) have also proved successful. Two brand diversifications, "mark." (targeted to younger, college-aged women) and "M" (an Avon catalogue for men), have helped the company reach out into markets it hasn't serviced. Mark proved to be successful in reaching a new generation of recruits, primarily young women ages 18-25, with a monthly "
magalog" featuring award-winning products.
In addition to its corporate pursuits, the Avon corporation is involved in
philanthropic causes, primarily centered on domestic violence, women's empowerment and health issues such as
breast cancer.
In 2007,
Reese Witherspoon signed a multiyear agreement to serve as Avon's global ambassador. The actress will be involved in product development, appear in advertisements, and will serve as the honorary chairman of the Avon Foundation.
History
The company was founded in
1886 by then 28-year-old
David H. McConnell who sold books door-to-door and gave out perfume to entice women to buy his books. His perfume became so popular that eventually that's all the women wanted. He then founded the
California Perfume Company (CPC) in
New York,
New York in a 500 square foot manufacturing and shipping office at 126 Chambers Street. As the company grew, he hired his first representative, Mrs. P.F.E. Albee. In 1897, McConnell built a small (3000 square foot) laboratory in
Suffern, New York. In 1906, the
West Coast office in
San Francisco was destroyed in the
Great Earthquake. In 1914 the first non-US office was opened in the
Canadian province of
Quebec.
The California Perfume Company was incorporated on January 28, 1916 by David H. McConnell and
Alexander D. Henderson (businessman) in Suffern, New York. . By 1918, five million units were sold in North America, and by 1928, sales reached $2 million. In October, 1939, the name was changed to
Avon Products, Inc. The company was taken public in 1946. By 1954, sales reached $55 million, and the "Avon Calling"
advertising campaign introduced.
By 1971 the lab would grow into the Avon Suffern Research and Development facility. By 1979, sales reached $3 billion, with one million direct sales agents. Today sales exceed $8 billion worldwide. In 2005 they opened a $100 million dollar 225,000 square foot R&D facility to house its over 300 research and development scientists on the original site in Suffern, NY. Avon also has offices in
Luzerne, Pennsylvania and
Davenport, Iowa.
Corporate Officers
Members of the
board of directors of Avon Products, Inc. are:
Don Cornwell,
Edward Fogarty,
Stanley Gault,
Fred Hassan,
Andrea Jung,
Susan Kropf,
Maria Lagomasino,
Ann Moore,
Paul Pressler,
Paula Stern, and
Lawrence Weinbach.
Avon in popular culture
Avon has been featured in the following:
Further Information
Get more info on 'Avon Products Inc'.
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