Photo from Avon Philippines
Avon has been a part of Filipinas for many generations. The company has been very successful in the country, to say the least but rumors are buzzing in the US that they are about to close.
According to 24/7 Wall St., the brand may be extinct by the end of the year. Avon ladies are very popular here in the country but in the US, they are a dying breed.
So what’s going on with the company? Back in January 2012, the company’s vice chairman was fired due to ongoing investigations about bribery. After that, they got into trouble with the FDA after some new products in the ANEW line were found to carry claims prohibited by FDA guidelines. In December, Avon announced that they were planning to cut 1,500 jobs worldwide and will be pulling out of Vietnam and South Korea. Those are our neighbors, are we next?
I, personally won’t be affected if Avon pulls out from the PH. Sure, I had a good run with them but last year I found most of their products disappointing. I don’t like the quality of their makeup anymore. I focused on other items such as accessories. They were great in the beginning but the prices have become too steep for me. I would rather invest in, say, a good brand of bag that costs about the same than buy one from them.
Will you be affected if Avon pulls out of the PH?