Company Profile For Avon Products, Inc.

Avon Products, Inc. (Avon) is a global manufacturer and marketer of beauty and related products. Its products fall into three product categories: Beauty, which consists of cosmetics, fragrances, skin care and toiletries (CFT); Fashion, which consists of fashion jewelry, watches, apparel, footwear and accessories, and Home, which consists of gift and decorative products, housewares, entertainment and leisure, children’s and nutritional products. Sales from Health and Wellness products and mark., a global cosmetics brand that focuses on the market for young women, are included among these three categories based on product type. Avon primarily sells its products to the consumers through the direct-selling channel. The Company’s segments are based on geographic operations in six regions: Latin America; North America; Central and Eastern Europe; Western Europe, Middle East and Africa; Asia Pacific, and China.

BRIEF: For the nine months ended 30 September 2009, Avon Products, Inc.'s revenues decreased 9% to $7.2B. Net income decreased 45% to $353.5M. Revenues reflect decreased income due to lower Beauty sales in all sub-categories of Beauty and lower Fashion & Home sales. Net income also reflects decreased gross margins due to foreign exchange transactions, increased interest expenses and lower interest income.