Breaking News

Avon Earmarks Additional Funds for China’s Reconstruction

July 14, 2008

CHINA: Avon Products, Inc. has committed an additional $5 million for long-term reconstruction efforts in the aftermath of the earthquake in Sichuan Province in China. The company said that the money will be donated through a specially established China Earthquake Reconstruction Fund within the Avon Foundation.

In addition, the company said that it plans to mobilize its 600,000 sales promoters and a large network of beauty boutique owners in China to raise more funds in local communities through sales of a specially developed fundraising product, with net profits going to the reconstruction.

This latest contribution follows Avon’s earlier donations of $500,000 to the China Red Cross, $98,000 in personal donations from Avon sales promoters; $86,000 of supplies and provisions and $68,000 in personal donations from Avon China Associates to the China Red Cross Foundation and the Guangdong Charity Foundation.
blog comments powered by Disqus
  • Patent Update

    Patent Update

    July 28, 2016
    Three-layered hair product from Lauder, palm oil extracts for wrinkle treatment and more in recently awarded patents.

  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach in CVS and introduces new collection.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.