Avon Products, Inc. or simply known as Avon is a multi-level marketing company in beauty, household, and personal care categories. Avon had annual sales of $5.57 billion worldwide in 2019.[2]
It is the fourteenth-largest beauty company[7] and, with 6.4 million representatives, is the second largest direct-selling enterprise in the world (after Amway).[8] The company's CEO is Angela Cretu,[9] who was appointed to the position in January 2020.[5]
In May 2019, the Brazilian company Natura & Co announced its intent to acquire Avon; the deal closed in January 2020. Its ownership accounts for a 76% stake.[10]
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