Makeup brand Avon leaves Australian New Zealand Market (Photo No. 7)
Makeup brand Avon (Avon) plans to quit Australia and New Zealand by the end of 2018, leaving more than 200 people out of work.
Cosmetic brand Avon has been in Australia and New Zealand for 55 years, using door-to-door sales, according to Channel 7. In recent years, Avon in Australia and New Zealand market performance is poor, now decided to withdraw.
Avon`s exit from Australia and New Zealand means 220 employees are out of work at its headquarters and 21400 door-to-door salespeople are affected.
Avon boasts a "woman-owned company" with an annual revenue of A $10 billion. According to Avon`s statement yesterday, the company`s current policy is focused on long-term profits, shifting its development focus to potential markets in the future to "achieve the goals of the world`s leading cosmetics companies."
"Today is a sad day for our employees and sales representatives," said (Sharon Plant) Prant, chairman and general manager of Avon Australia. Avon`s management team promised to support affected employees in the next few days, weeks and months. I would like to thank all the employees, sales representatives and customers who have supported Avon`s business over the past few years. "
