After a lot more than Half a century of knocking on doors around Australia and Nz, Avon is exiting the marketplace.
Announcing the choice to shut down the network marketing business both in countries “by the end of this year”, Avon ANZ president and md Sharon Plant said it was “a very sad day” for the company's 200 employees and 21,400 representatives.
The closure is part of the “company's strategy to return Avon to long-term sustainable profitable growth” by focussing “on markets with the greatest possibility of future growth to aid its vision to become the world's leading social beauty company”.
“In line with this, after a thorough deliberation on our performance, the direct selling conditions on the market, and potential for growth, we've considered all choices for the company which is with much sadness that we are announcing our decision to exit the New zealand and australia markets.”
Plant said Avon's ANZ management team would “support our people and also the wider Avon community who're influenced by this decision”.
“I want to thank all of the employees, representatives and customers who've supported Avon around australia and Nz through the years.”
Established in 1886 by door-to-door salesman David McConnell, Avon has become sold through more than 6 million independent sales representatives in over 100 countries – and earns around US$10 billion in annual revenue.
The company began its direct-selling business around australia in 1963 after which in Nz in 1978.
