文档介绍：annual report 2009
this is pany that puts mascara on lashes
and food on tables, that fights wrinkles with one hand and Breast Cancer
with the other. That knows the value of a perfect lip, but still opens its mouth
and speaks out against Domestic Violence and for women’s financial
independence. This is pany that not only brings beauty to doors,
but also opens them. pany that supports 6 million Representatives
in over 100 countries. This is Avon. pany, that for 125 years, has
stood for beauty, innovation, optimism and above all for women.
In 1886 a visionary entrepreneur named David H. McConnell
had the extraordinary idea to found a business based on the premise
of giving women an opportunity to earn money outside of the home
and build financial independence. This was 34 years before women
in the . had even won the right to vote. But there is no stopping a
great idea. From one Representative to now over six million…from one
product to thousands…fromone country to now over 100 across the
globe, for 124 years pany has grown and prospered.
Dear Shareholders,
As I write this letter on the eve of Avon’s 125th anniversary next
year, I find myself reflecting on pany’s extraordinary
journey. Through two world wars, through the great Depression,
through dramatic periods of economic change and upheaval,
Avon has survived and thrived by serving the needs of each new
generation of women and staying true to our founding principle
to be pany that makes a difference in women’s lives.
2009 was an important milestone along our journey. With the world in the grip
of one of the greatest economic crises in history, people everywhere were
wondering how they would make it through the storm. But where others saw only
challenge, Avon saw an opportunity to grow our Representative and consumer
base by once again providing solutions for women and being the answer when
they needed us the most.
So as the world mobilized in response to the crisis, Avon