As part of a three-year plan, the global Avon Products moved its headquarters to London in the United Kingdom.
In August, 2019, New Avon LLC, the privately-held North American company that split from Avon Products, Inc.
Is Avon a UK company?
Cosmetics company Avon is to move its headquarters to the UK and cut 2,500 jobs worldwide as part of a turnaround plan. The company, which sells products door-to-door, said that it plans to move from New York to the UK “over time”.
Who is Avon owned by?
Brazil’s Natura is acquiring rival Avon Products, creating the fourth-largest beauty group in the world. The all-stock deal is valued at $2 billion. São Paulo-based Natura will own about 76% of the combined group, with the remainder owned by Avon shareholders.
Where are Avon Products made?
China Manufacturing. Avon manufactures many cosmetic products in China in an Avon-owned and operated facility. We maintain the same strict control over Avon’s China facility as we do with all our manufacturing sites throughout the world.
Is Avon UK closing down?
Gerry Weber, German fashion retailer, is to close its 26 stores in the UK and Ireland by October 2019 as part of restructuring after the parent company’s insolvency, but (presumably) will still operate through concessions in UK department stores.