Avon to manage China as a stand-alone business unit - Forbes.com
US cosmetics company Avon Products Inc said it will manage its operations in China as a stand-alone business to reflect the country's long-term growth potential and strategic importance to the company.
In a statement, Avon said it will also manage Central and Eastern Europe as a stand-alone business unit, increasing the number of the company's geographic regions -- which it calls 'commercial business units' -- to six.
China lifted its ban on door-to-door marketing on Dec 1, allowing companies like Avon, Amway, Nu Skin, and Herbalife to conduct direct sales in the country for the first time since 1998.
In a statement, Avon said it will also manage Central and Eastern Europe as a stand-alone business unit, increasing the number of the company's geographic regions -- which it calls 'commercial business units' -- to six.
China lifted its ban on door-to-door marketing on Dec 1, allowing companies like Avon, Amway, Nu Skin, and Herbalife to conduct direct sales in the country for the first time since 1998.
posted by the MLM News Desk at
2:45 PM
