On This Day
·

Brazilian cosmetics group Natura buys UK's Avon for $2 billion, creating the world's fourth-largest cosmetics company

Avon Products, Inc. is an Anglo-American multinational company selling cosmetics, skin care, perfume, and personal care products. It is a multi-level marketing company based in London.

Avon Products, Inc. is an Anglo-American multinational company selling cosmetics, skin care, perfume, and personal care products. It is a multi-level marketing company based in London. In 2020, Avon had annual sales of $9.1 billion worldwide.

It is the fourteenth-largest beauty company and, with 6.4 million representatives, is the second largest multi-level marketing company in the world (after Amway). The company's CEO is Kristof Neirynck who was appointed to the position in November 2023. The companies CFO, James Scully, was also named the companies COO in 2016. He started with Avon in 2015.

Events Before

  1. An initiative of 300 Hollywood women called "Time's Up" announces a fight against sexual harassment

    An initiative of 300 Hollywood women called "Time's Up" announces a fight against sexual harassment

  2. Javier Bardem becomes the ambassador of Greenpeace for the protection of Antarctica

    Javier Ángel Encinas Bardem is a Spanish actor. In a career spanning over three decades, he has received various accolades, including an Academy Award, a BAFTA Award, a Golden Globe Award, a Critics'…

  3. LeBron James becomes the seventh and youngest player (33 years, 24 days) to reach the 30,000 NBA point milestone during

    LeBron James becomes the seventh and youngest player (33 years, 24 days) to reach the 30,000 NBA point milestone during a 114-102 loss to the San Antonio Spurs

  4. Former US Olympic team doctor Larry Nassar is found guilty of molesting over 150 girls and is sentenced to up to 175 yea

    Former US Olympic team doctor Larry Nassar is found guilty of molesting over 150 girls and is sentenced to up to 175 years in prison

  5. Brazilian jockey Jorge Ricardo equals the world record for the number of victories by a jockey with 12,844 in Rio de Jan

    Brazilian jockey Jorge Ricardo equals the world record for the number of victories by a jockey with 12,844 in Rio de Janeiro

Events After

  1. Pro-Iranian protesters end siege of US Embassy in Baghdad, Iraq

    Pro-Iranian protesters end siege of US Embassy in Baghdad, Iraq

  2. Scotland's Peter Wright beats Dutch defending champion Michael Van Gerwen 7-3 with a 102.79 average, 34 x 140s, 11 maxim

    Scotland's Peter Wright beats Dutch defending champion Michael Van Gerwen 7-3 with a 102.79 average, 34 x 140s, 11 maximums, and 53% on doubles to seal his first PDC World Darts Championship in London

  3. Australian actor Liam Hemsworth and American singer Miley Cyrus divorce after 1 year of marriage

    Miley Ray Cyrus ( MY-lee SY-rəs, born Destiny Hope Cyrus; November 23, 1992) is an American singer, songwriter, and actress.

  4. China locks down the city of Wuhan and its 9 million people in a belated but ultimately successful effort to control the

    China locks down the city of Wuhan and its 9 million people in a belated but ultimately successful effort to control the city's COVID-19 outbreak

  5. American actress and TV host Niecy Nash (50) divorces American electrical engineer Jay Tucker after over 8 years of marr

    American actress and TV host Niecy Nash (50) divorces American electrical engineer Jay Tucker after over 8 years of marriage

More from the 2010s

New FINA rules re competition swimsuits come into effect; all body-length swimsuits banned; men's suits to maximally cov

New FINA rules re competition swimsuits come into effect; all body-length swimsuits banned; men's suits to maximally cover from the waist to knee, and women's from shoulder to knee; fabric must be a "textile" or woven material

10 people are killed, and 120 are injured in a stampede in Luanda, Angola

10 people are killed, and 120 are injured in a stampede in Luanda, Angola

Dutchman Michael van Gerwen wins his first PDC World Darts Championship, defeating Peter Wright of Scotland 7-4; it is t

Dutchman Michael van Gerwen wins his first PDC World Darts Championship, defeating Peter Wright of Scotland 7-4; it is the first time no Englishman has been in the final

Lithuania adopts the euro as its currency, replacing the Litas and becoming the 19th member of the Eurozone

Lithuania adopts the euro as its currency, replacing the Litas and becoming the 19th member of the Eurozone

Frequently Asked Questions

What happened on May 23, 2019?
Avon Products, Inc. is an Anglo-American multinational company selling cosmetics, skin care, perfume, and personal care products. It is a multi-level marketing company based in London.
Why is Brazilian cosmetics group Natura buys UK's Avon for $2 billion, creating the ... historically important?
The companies CFO, James Scully, was also named the companies COO in 2016. He started with Avon in 2015.

Explore More

May 23 in HistoryYear 2019