Avon Issues Statement

NEW YORK, Dec. 4, 2015 /PRNewswire/ -- Avon Products, Inc. AVP (the "Company") today issued the following statement in response to the press release issued on December 3, 2015 by Barington Capital Group ("Barington"):

We are aware that Barington has made a public announcement expressing its views on our business. Avon welcomes open communication with and feedback from our shareholders.

Our Board of Directors and management team regularly review a wide range of options regarding our business and operations and take into account the views of Avon shareholders. We remain focused on taking strategic actions to drive sustainable, profitable growth, address changing and challenging industry dynamics, create opportunity for our Representatives and enhance value for all Avon shareholders. This includes the actions we have taken and continue to take to drive improved performance in the North American business.

We look forward to continuing our dialogue with our shareholders as we execute our plans.

About Avon

Avon is the company that for more than 125 years has stood for beauty, innovation, optimism and, above all, for women. Avon, with nearly $9 billion in annual revenue in 2014, has products that are sold through 6 million active independent Avon Sales Representatives worldwide. Avon products include color cosmetics, skincare, fragrance, and fashion and home, featuring such well-recognized brand names as Avon Color, ANEW, Avon Care, Skin-So-Soft, and Advance Techniques. Learn more about Avon and its products at www.avoncompany.com.

Forward-Looking Statements

Statements in this statement that are not historical facts may be forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed from time to time in reports filed by Avon Products, Inc. with the Securities and Exchange Commission, including Forms 8K, 10Q, and 10K. These forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, levels of activity, performance or achievement of Avon to be materially different from any future results expressed or implied by such forward-looking statements. Any forward-looking statements speak only as of the date they are made. The Company does not undertake to update any such forward-looking statements. 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/avon-issues-statement-300188163.html

SOURCE Avon Products, Inc.