Avon boss eyes cosmetic fixes, not major surgery
Avon Products’ path to restoring its former lustre will be a series of unglamorous but important steps like updating computer systems, reducing its use of paper and air freight and improving the lighting in its stores in China.
In her most detailed comments yet about her plans, chief executive Sheri McCoy said the world’s largest direct seller of cosmetics would not be shy to exit unprofitable markets, was working on improving sales representatives’ compensation, and will keep innovating in areas where Avon is lagging rivals, such as skin care.
via Business feed http://www.scmp.com/business/companies/article/1155984/avon-boss-eyes-cosmetic-fixes-not-major-surgery