Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

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Avon Products, Inc. or simply known as Avon, is an American-British multinational cosmetics, skin care, fragrance and personal care company, based in London. It sells directly to the public. Avon had annual sales of $9.1 billion worldwide in 2020.

 
 
 
 
 

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

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Revenue(RF), mln.USD
203
Assets(RF), mln.USD
92
Capital(RF), mln.USD
48
Glob.Revenue, mln.USD
9100
Investments, mln.USD
303
Staff(RF), 2021
1437
Taxes(RF), mln.USD
61

Avon Beauty Products Company stops investing in the Russian market, and also stops exporting from the Russian plant to other markets, the company's associated brands also stop their franchises in the Russian Federation.

The Company Statement
March 14, 2022

Continuing to supply social selling representatives in Russia. Suspending Russian Avon exports. Continuing Russian manufacturing operations, which primarily produce cosmetics for the local market (Fragrance portfolio is currently produced in Russia).

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Our Position in Ukraine
Demand to Leave Russia:Petition text has been copied to the clipboard.
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