Company Earnings Update 9 minutesRegister for Free AccessAvon Investor/Analyst Day 2018: Company Focuses on Increasing Consumer Access to Brand Avon by Going Digital Coresight Research October 5, 2018 Executive SummaryOn September 21, 2018, Avon Products, Inc. (AVP) hosted its Analyst/Investor Day. At the event, management focused on financial initiatives and cost savings of $400 million by 2021, and investments in commercial initiatives and digital and IT infrastructure. The company outlined a three-year plan to “open up” brand access. The plan focuses on enhancing Avon’s digital capabilities and online and offline selling. Avon is reassessing its value-pricing strategies to include less of promotions and more of product bundling and beauty regimens. Avon plans to grow its market in India and China.With over one billion Chinese consumers and 500 million Indian consumers that are aware of the brand, these markets hold enormous potential for the company. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: The State of AI: Revisiting 2023 and Looking Ahead to 2024CES 2023 Wrap-Up: Lots of Gadgets but Less SizzleInnovator Profile: Journey Foods—Innovating Food Product Development with AI-Powered SolutionsFive Ways AI Is Being Used in Beauty Retail
