Avon to cease operations in Thailand
As part of our global transformation plan we are undertaking bold steps and strategic initiatives to return Avon to profitable, long-term growth.
In line with this, Avon has made the decision to exit the Thailand market by the end of 2016. This comes after a thorough deliberation on our historic performance, the market conditions and potential for growth.
Ceasing operations in Thailand will free up resources to invest in priority and key growth markets in Asia Pacific and across the Avon world.
Whilst decisions such as this are difficult, they are necessary to achieve long-term growth. We are making progress in our transformation plan and Avon’s return to sustainable profitable growth is underway.
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