In other news, Avon posted results for the quarter ended June 30, 2017. Sales decreased 3% to $1.4 billion. Active representatives declined 3% with drops in all segments.
"Leading Avon for the past five years alongside Avon's dedicated management, associates and representatives has been an honor, and I am proud of what we have achieved together," said McCoy in a press statement. "We've made great progress in strengthening the Avon brand through new positioning, increased investment in social media, and innovative, high-quality products. We continue to live up to our purpose of empowering women by supporting and advancing Avon's global network of nearly 6 million women, while also having rebuilt a culture of accountability.”
Avon was recently listed in Happi’s Top 50 report. As mentioned, 2016 was a big year at Avon Products. The company separated its North American business (New Avon) and moved its commercial operations outside the US and its headquarters to London.