Avon Commits $1 Million to Support Relief Efforts in Haiti
January 18 2010 - 9:58AM
PR Newswire (US)
NEW YORK, Jan. 18 /PRNewswire/ -- Avon Products, Inc. (NYSE:AVP)
today announced that it has committed $1 million to support relief
efforts in Haiti in response to the devastating earthquake in that
country. The company said that the money will be donated through
the Avon Foundation for Women, and will be distributed to the
American Red Cross and Doctors Without Borders, two organizations
that are deeply involved in efforts to aid victims of the January
12 earthquake. The company said that the Foundation plans to
distribute the $1 million as follows: -- $500,000 to the American
Red Cross International Response Fund, the humanitarian
organization that provides relief to victims of disasters; the
agency is working closely with Haitian Red Cross to assist those
affected by this disaster. -- $500,000 to Doctors Without Borders,
the international medical humanitarian organization that has
already assisted more than 1,000 people on the ground in Haiti and
has committed to continuing to provide critically-needed medical
services. Andrea Jung, Avon's chairman and chief executive officer,
said: "We are deeply saddened by the devastation caused to our
neighbors in Haiti by the recent earthquake. Disaster relief has
long been a critical component of Avon's philanthropy. I believe it
is our responsibility as a global corporate citizen to lend our
support to the relief efforts aiding the people of Haiti." In
addition, the company said that its North America business is
planning to launch other initiatives to further assist the victims
of the earthquake, including donations from product sales. Avon,
the company for women, is a leading global beauty company, with
over $10 billion in annual revenue. As the world's largest direct
seller, Avon markets to women in more than 100 countries through
approximately 6 million independent Avon Sales Representatives.
Avon's product line includes beauty products, as well as fashion
and home products, and features such well-recognized brand names as
Avon Color, Anew, Skin-So-Soft, Advance Techniques, Avon Naturals,
and Mark. Learn more about Avon and its products at
http://www.avoncompany.com/. DATASOURCE: Avon Products, Inc.
CONTACT: Jennifer Vargas, +1-212-282-5404, Web Site:
http://www.avoncompany.com/
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