Avon Philippines "perched to assist" Avon's expansion in other Asia Pacific markets.
This article was originally published in The Rose Sheet
Executive Summary
AVON PHILIPPINES IS SPRINGBOARD FOR FURTHER EXPANSION INTO ASIA PACIFIC MARKETS, such as China, India, and "potentially Vietnam," Avon Philippines President Jose Mari Franco told analysts at an April 3 meeting in New York City. Avon Philippines "is perched to assist in Avon's strategic expansion into other emerging markets in the Asia Pacific Rim" based on its "solid Avon product lines" and the success of branch distribution system developed for emerging markets, Franco said. The Avon exec also cited Taiwan, Thailand, Malaysia and Indonesia as markets where Avon plans to expand its presence.