Avon Cosmetics becomes a founding patron of the prestigious
new British Beauty Council to grow the impact and potential of the
British beauty industry
LONDON, March 22, 2019 /PRNewswire/ -- Avon
Products, Inc. (NYSE: AVP), a globally recognised leader in direct
selling of beauty products, has joined the new British Beauty
Council, established to represent the voices, opinions and needs of
the beauty industry.
As a key player in this exciting new venture, Avon will use its 130-year heritage in
breakthrough innovation and insight from its millions-strong global
network of women to help open up growth and excellence in the
beauty sector. As part of its 'Open Up' strategy,
Avon is embracing new partnerships
to transform its brand, reach new consumers and create more
opportunities for beauty entrepreneurs to earn, learn and succeed
on their own terms.
The British Beauty Council has been set up to recognise and
promote the huge contribution that beauty makes to the UK economy
and to build beauty as a career choice, as well as extending into
developing excellence in areas such as formulation, manufacturing,
supply, and packaging. There are strong synergies with
Avon's mission to enable its
millions of Representatives worldwide to become successful beauty
entrepreneurs – whether on a full or part-time basis.
Avon was also attracted to the
partnership by the British Beauty Council's pledge to support
inclusivity – to celebrate diversity and the interests of the
entire industry, regardless of age, ability, gender, race, religion
or culture. This aligns perfectly with Avon's own longstanding commitment to
democratise beauty, by delivering high-quality beauty products at
accessible prices and through championing every kind of beauty.
Louise Scott, Chief Scientific
Officer at Avon, is the business's
representative on the British Beauty Council board. She said: "It
is estimated that the British beauty industry is worth more than
£20 billion*. As one of the longest-standing beauty businesses in
the world, Avon is delighted to be
a founding patron of an organisation that will champion the power
of beauty to create opportunities and contribute to the economy and
society. We believe whole-heartedly in the British Beauty Council's
mission to ensure that beauty is to be recognised and supported as
a world leading industry."
Millie Kendal MBE, CEO of the British Beauty Council added: "I
am delighted to have an iconic brand like Avon support the British Beauty Council as a
founding patron. The promotion of female entrepreneurs via the
cosmetics industry is an important and relevant – not to mention
valuable – asset. Avon has
long been a leader in supporting women in business and has a huge
amount to bring to the table as it moves forward through
significant transformation – exactly the kind of partner we need to
elevate the reputation of the beauty industry."
Find out more about the British Beauty Council at
www.britishbeautycouncil.com.
*source: Raconteur
About Avon Products Inc.
For 130 years Avon has stood
for women: providing innovative, quality beauty products which are
primarily sold to women, through women. Millions of
independent sales Representatives across the world sell iconic Avon
brands such as Avon Color and ANEW through their social networks,
building their own beauty businesses on a full- or part-time
basis. Avon supports women's
empowerment, entrepreneurship and well-being and has donated over
$1billion to women's causes through
Avon and the Avon
Foundation. Learn more about Avon and its products at
www.avonworldwide.com. #Stand4Her
Forward-Looking Statements
This material contains "forward-looking statements" that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, including statements
relating to the Company's involvement in the British Beauty
Council. Because forward-looking statements inherently involve
risks and uncertainties, actual future results may differ
materially from those expressed or implied by such forward-looking
statements. These risks and uncertainties include, but are not
limited to, the possibility of business disruption, competitive
uncertainties, and general economic and business conditions
in Avon's markets as well as the other risks detailed
in Avon's filings with the Securities and Exchange
Commission. Avon undertakes no obligation to update any
statements in this material after it is posted to the Investor
Relations section of our website.