In Vivo is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Avon charges

This article was originally published in The Rose Sheet

Executive Summary

Savings of approximately $15 mil. pretax in 2003 and $40 mil.-$50 mil. in 2004 will be recorded as benefit of $43.6 mil. pretax charge scheduled to be taken in third quarter, direct-seller announces Oct. 2. Charge, which is part of Avon's business transformation initiative, will cover "severance expense in the areas of organization structure and supply chain in all geographic regions," company explains. Avon also will record $7.3 mil. pretax gain in the quarter due to an adjustment in a charge recorded in fourth quarter 2001...



Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts