Wednesday, February 18, 2015

Avon to Cease Operations in 16 Caribbean Territories


SAN JUAN – Cosmetics giant Avon has decided to cease operations in 16 Caribbean territories as it works to restore its core business in the United States, a spokeswoman confirmed to Efe on Tuesday.

“Avon has announced its decision to cease operations in the Islands markets that fall under U.S. distribution,” said the firm’s manager of external communications, Lindsay Fox.

She added that the New York-based company “remains committed to focusing its resources on restoring the health of the U.S. business to deliver future growth.”

Fox said Avon will no longer accept orders from 16 Caribbean territories after Feb. 20.

Avon will cease operations in Antigua, Aruba, the Bahamas, Barbados, Belize, Bermuda, Bonaire, Curaçao, Dominica, Grand Cayman, Guyana, Haiti, Jamaica, St. Kitts and Nevis, Suriname, and Trinidad and Tobago.

“Hawaii, Guam and Saipan, as well as the islands served through Avon Puerto Rico distribution, are unaffected by the closure of these Islands markets,” Fox said.

Founded in 1886, Avon is the largest direct-sale beauty products company in the world, with more than 6.4 million independent sellers operating in upwards of 100 countries.

Avon’s 2014 financial results, disclosed last Thursday, showed an 11 percent decline in revenue and losses of $388.6 million.


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