Avon Turnaround Includes “Journey Back To Growth” In Skin Care
This article was originally published in The Rose Sheet
Executive Summary
Despite having strong R&D and a standout brand (ANEW), Avon’s skin-care business has declined in recent years. The firm is committed to recapturing lost share in the segment as part of its larger turnaround effort, CFO Kimberly Ross noted at the Deutsche Bank Global Consumer Conference.