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Avon To Exit Australia And New Zealand To Focus On Other Markets

March 7, 2018: 12:00 AM EST
Avon plans to leave Australia and New Zealand by the end of 2018. The company reported a 3% decline in revenue in Asia-Pacific for fiscal year 2017 compared to a 2% fall overall. The company said it will focus on areas where there is “greater potential for future growth.”  The news will impact 220 staff and 21,400 representatives in the region.
"Avon to Exit Australia and NZ", Global Cosmetic Industry, March 07, 2018, © Allured Business Media
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