Avon Financial Crisis

Avon, also known as the Company for Women, has been in business since 1886 and honored as one of Fortune's "50 Best Companies for Minorities" and operates in over 100 countries. Their products range from perfume, makeup, jewelry and even clothes. In 2003, 63 percent of its $6.8 billion revenue was generated from markets outside of the United States. The multinational U.S. Company, which boasted $7.7 billion in annual revenues last year, is just one of many international companies whose profits …showed first 75 words of 754 total…

…showed last 75 words of 754 total…org/ Bhatnagar, Parija. "Making over China. Avon is conquering China's beauty market even though its ladies can't yet ring the doorbells there." June 29, 2004. http://money.cnn.com/ Bleakly, Fred R. "How U.S. Firm Copes with Asia Crisis--Avon <Tab/>Moves to Protect Against Volatile Currencies." The Wall <Tab/>Street Journal. December 26, 1997. Mukherjee, Andy. "Crisis-Is Asia prepared for the worst?" Bloomberg <Tab/>News. September 7, 2005.